Wix.com Ltd. is listed as one of the 15 Best Strong Buy Tech Stocks to Invest In. Oppenheimer analyst Ken Wong recently lowered the price target for WIX to $130 from $160 due to compressed software multiples. Despite mixed sentiment, the firm anticipates strong FY26 bookings and revenue with the launch of Wix Harmony.

On January 28, Wix.com Ltd. announced a two-year share repurchase program authorizing up to $2 billion in buybacks. The company plans to fund the repurchases using available cash, future operational cash flow, or by raising additional capital through debt, equity, or equity-linked securities.

Wix.com Ltd., an Israeli public tech company, offers a cloud-based website creation and business management platform with drag-and-drop, AI, and no-code tools. The company serves millions of users worldwide with its services.

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Read more at Yahoo Finance: Oppenheimer Cites Compressed Software Multiples, Mixed Margin Trajectory For Wix.com Ltd. (WIX)