BigCommerce HoldingsBIGC
BIGC
About: BigCommerce Holdings Inc is engaged in offering Software-as-a-service (SaaS) e-commerce platform. The company's SaaS platform engages in the creation of online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. It powers both the customers' branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems. The group operates in a single segment covering geographical areas of Americas-U.S.; Americas-other; EMEA; and APAC, of which majority of revenue is generated from Americas-U.S.
Employees: 1,321
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
13% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 30
3% more funds holding
Funds holding: 151 [Q2] → 155 (+4) [Q3]
15% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 48
14.74% less ownership
Funds ownership: 89.31% [Q2] → 74.56% (-14.74%) [Q3]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 3 (-1) [Q3]
39% less capital invested
Capital invested by funds: $556M [Q2] → $339M (-$218M) [Q3]
78% less call options, than puts
Call options by funds: $381K | Put options by funds: $1.74M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
29%
upside
Avg. target
$8.67
40%
upside
High target
$10
62%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Needham Scott Berg 62% 1-year accuracy 93 / 149 met price target | 62%upside $10 | Buy Reiterated | 9 Dec 2024 |
Barclays Ramsey El-Assal 69% 1-year accuracy 37 / 54 met price target | 29%upside $8 | Equal-Weight Maintained | 6 Dec 2024 |
Stifel Parker Lane 66% 1-year accuracy 31 / 47 met price target | 29%upside $8 | Buy Maintained | 3 Oct 2024 |
Financial journalist opinion
Based on 5 articles about BIGC published over the past 30 days
Neutral
Business Wire
1 week ago
Leading Sports Equipment Brand Mizuno USA Launches New Composable Ecommerce Website on BigCommerce
AUSTIN, Texas--(BUSINESS WIRE)--BigCommerce (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced that popular sports brand Mizuno USA launched its new website on the BigCommerce platform. Mizuno, a global brand known for its forward-thinking digital approach, aimed to future-proof its business by employing an innovative composable commerce approach with a customized tech stack while still delivering a sign.
Neutral
Business Wire
2 weeks ago
Brands and Retailers on BigCommerce Outperform Global Benchmarks with 26% Increase in Cyber Week Sales to Kick Off Crucial Holiday Shopping Season
AUSTIN, Texas--(BUSINESS WIRE)--BigCommerce (Nasdaq: BIGC), a leading open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today reported its customers significantly outperformed the global average with a 26% increase in gross merchandise value (GMV) during the five-day Cyber Week period. In addition to the GMV growth, which was up from the 10% increase reported by BigCommerce for Cyber Week 2023, the data shows shoppers were more active an.
Positive
Seeking Alpha
2 weeks ago
BigCommerce Holdings: Growing E-Commerce Venture At A Cheap Price
BigCommerce's shares surged after Q3 earnings, reversing a negative trend due to stronger-than-expected top-line growth and an improving earnings profile. BigCommerce is improving key platform metrics such as gross margin, average revenue per user and guided for stronger (non-GAAP) operating income in FY 2024. Despite a post-pandemic revenue slowdown, BigCommerce's enterprise focus and growing e-Commerce market present an opportunity for investors in the long term.
Neutral
GlobeNewsWire
3 weeks ago
BigCommerce to Present at Upcoming Investor Conferences
AUSTIN, Texas, Nov. 25, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands, today announced the following upcoming investor conference presentations.
Positive
Zacks Investment Research
3 weeks ago
5 E-Commerce Stocks to Buy on Expected Strong Holiday Sales
We have narrowed our search to five e-commerce stocks with strong growth potential for the rest of 2024. These stocks are: AMZN CART, CVNA, BKNG, BIGC.
Neutral
Business Wire
1 month ago
BigCommerce Supports Boxeur des Rues' Shift to Headless Commerce for Improved Customer Experience and Business Growth
AUSTIN, Texas & MILAN--(BUSINESS WIRE)--BigCommerce (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced Boxeur des Rues, one of Italy's leading streetwear and sportswear brands, has launched a new website on the BigCommerce platform. The fully-dynamic headless site enables the flexibility, customization and performance needed to elevate customer shopping experiences and scale the business without compromi.
Positive
Zacks Investment Research
1 month ago
What Makes BigCommerce (BIGC) a New Buy Stock
BigCommerce (BIGC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts Think BigCommerce (BIGC) Could Surge 36.72%: Read This Before Placing a Bet
The consensus price target hints at a 36.7% upside potential for BigCommerce (BIGC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Neutral
Seeking Alpha
1 month ago
BigCommerce Holdings, Inc. (BIGC) Q3 2024 Earnings Call Transcript
BigCommerce Holdings, Inc. (NASDAQ:BIGC ) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Tyler Duncan - Senior Director, Finance and IR Ellen Siminoff - Executive Chair Travis Hess - CEO Daniel Lentz - CFO Conference Call Participants Ken Wong - Oppenheimer. Natalie Howe - Bank of America DJ Hynes - Canaccord Maddie Schrage - KeyBanc Katy Kuser - Morgan Stanley.
Positive
Zacks Investment Research
1 month ago
BigCommerce (BIGC) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for BigCommerce (BIGC) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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