1 Software Stock to Buy Before It Rebounds 33%, According to Wall Street Analysts

2026-03-11 17:07:00 ET

Software stocks have been on a roller-coaster ride over the last few months, as fears of disruption from generative artificial intelligence (AI) have caused investors to reevaluate the future of many businesses in the sector. The predictable subscription revenue model of software-as-a-service (SaaS) stocks might not be so predictable anymore, increasing uncertainty and pushing earnings multiples for many companies much lower.

One company that appears particularly threatened by the rise of AI coding agents like Anthropic's Claude Code saw its stock price drop nearly 75% from its 2025 peak by late February. While the shares have since rebounded sharply (up 50% since their February lows as of this writing), thanks in part to a solid earnings report, analysts still see potential for the stock to climb another 33%.

Here's why investors should take a closer look at Wix (NASDAQ: WIX) , which trades for about $94 as of this writing with a median analyst price target of $125.

Continue reading