RBC Capital cuts Wix.com target to $112 with Outperform; B. Riley lowers to $180
RBC Capital cut its price target for Wix.com to $112 from $155, keeping an Outperform rating after Q4 losses from vibe coding were offset by a buyback. B. Riley trimmed its target to $180 from $200, noting improving free cash flow margins, Wix Harmony traction and a $2B repurchase plan.
1. Analyst Price Target Reductions
RBC Capital cut its Wix.com price target to $112 from $155 while retaining an Outperform rating. B. Riley trimmed its target to $180 from $200 and maintained a Buy rating on the shares.
2. Q4 Losses Offset by Buyback
RBC flagged scaling losses from the company’s vibe coding unit, which were largely neutralized by an accelerated share repurchase programme following the mixed Q4 results.
3. B. Riley Highlights Margin Improvement and Growth
B. Riley noted stabilizing free cash flow margins, early traction from Wix Harmony and strong user and recurring revenue growth from Base44, alongside a $2 billion share repurchase authorization and a $275 million private placement.