Wix.com Ltd. (NASDAQ: WIX)

This investigation is for anyone who acquired securities in Wix.com Ltd. (NASDAQ: WIX) prior to May 13, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors of the issues that the Company was having getting some of its AI tools to perform correctly.

On May 13, 2026, Wix released its first quarter 2026 financial results, including earnings per share of $0.68, a 56% decline year over year, and an operating margin of only 5%, compared to 21% in the prior year. In the accompanying earnings call, the Company’s Chief Financial Officer, Lior Shemesh, stated margin results were “driven by elevated investments in Base44” the Company’s AI tool, and the Company “continue[s] to incur elevated AI compute costs as we scale to meet stronger-than-expected Base44 demand and maximize gross profit dollars.” The Company’s Co-Founder and President, Nir Zohar, also acknowledged Wix’s other AI tool, Wix Harmony, was experiencing customers “pointing out to us specific holes, if you may, or missing capabilities.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Wix.com Ltd. (NASDAQ: WIX) prior to May 13, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.