10 Trending AI Stocks That Analysts Are Monitoring

3. Wix.Com Ltd. (NASDAQ:WIX)

Number of Hedge Fund Holders: 46

Wix.com Ltd. (NASDAQ:WIX) is a free HTML5 website builder for desktop and mobile platforms, known for its popular no-code, drag-and-drop editing features. The cloud-based web development services platform also comes with built-in business tools for eCommerce, marketing, and branding to help users grow their online presence effectively. The company integrated a GenAI model into the platform to create AI images, teaser videos, and text as well as swiftly develop CMS collections with the option to add an AI site assistant for customer query resolution.

On February 3rd, Wells Fargo initiated coverage of Wix.com Ltd. (NASDAQ:WIX) with an “Underweight” rating and a $208 price target. The brokerage views price hikes as a meaningful contributor to the company’s acceleration in creative subscription bookings. As a result, Wells Fargo sees risk to consensus estimates as the contribution from price wanes. Analysts noted that the company’s fundamentals are improving “to some extent,” but the pace of improvement will slow down as it laps price increases in 2025.