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Analysts Upgrade Wix (WIX) After Share Repurchase News

Wix.com Ltd. (NASDAQ:WIX) is one of the most promising cloud stocks according to analysts. Capitalizing on the decline in its share price over the past year, Wix.com Limited (NASDAQ:WIX) management announced a $2 billion share repurchase program on January 28. Although this comes amid analysts lowering their price targets on the stock. On January 15, Morgan Stanley analyst Elizabeth Porter reiterated her Buy rating on the stock while lowering the firm’s price target from $181 to $160. The downward-adjusted price target still offers an attractive upside of around 100% from the current levels. This upside is equal to the median estimate from 25 analysts covering the stock.

In a look-ahead note covering the group, the analyst highlighted that Application Software-as-a-Service companies underperformed both the overall technology sector in 2025 and the broader software sector. However, the firm pointed out that evidence increasingly suggests that the risk tied to AI may turn out to be less severe than originally expected. This view supports a more constructive outlook for the Application Software-as-a-Service stocks heading into 2026. At the same time, the analyst also cautioned that the ongoing absence of widespread positive revisions to customer spending forecasts is limiting enthusiasm.

In addition to Morgan Stanley, Citi maintained its Buy rating and $150 price target for the stock on January 14. The firm’s price target implies a further 87% upside from current levels, consistent with the median Wall Street analyst estimate of 99.6%.

The stock slump in the past one year has brought the stock down to attractive levels, so much so that it is now a cheap stock on forward P/E basis with huge upside potential according to analysts.

Wix.com Ltd. (NASDAQ:WIX) offers a cloud-based web development platform for registered users and creators worldwide. It provides Wix Studio, Wix Editor, Velo by Wix, Wix App Market,  Wix marketplace, Spaces by Wix mobile app, and Wix Customer Care. The company was founded in 2006 and is based in Tel Aviv, Israel.

While we acknowledge the potential of WIX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WIX and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT:  Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To.

Disclosure: None. This article is originally published at Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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