Breaking Down BigCommerce Holdings: 6 Analysts Share Their Views

In the last three months, 6 analysts have published ratings on BigCommerce Holdings BIGC, offering a diverse range of perspectives from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 4 1 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 1 0
2M Ago 0 0 2 0 0
3M Ago 1 0 1 0 0

Analysts have set 12-month price targets for BigCommerce Holdings, revealing an average target of $10.33, a high estimate of $20.00, and a low estimate of $7.00. Highlighting a 3.46% decrease, the current average has fallen from the previous average price target of $10.70.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

A comprehensive examination of how financial experts perceive BigCommerce Holdings is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Raimo Lenschow Barclays Lowers Equal-Weight $7.00 $10.00
Koji Ikeda B of A Securities Lowers Underperform $7.50 $11.00
Terry Tillman Truist Securities Lowers Hold $9.00 $10.00
Clarke Jeffries Piper Sandler Lowers Neutral $9.00 $11.00
Gabriela Borges Goldman Sachs Lowers Neutral $9.50 $11.50
Scott Berg Needham Maintains Buy $20.00 -

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to BigCommerce Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of BigCommerce Holdings compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of BigCommerce Holdings's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of BigCommerce Holdings's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on BigCommerce Holdings analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Discovering BigCommerce Holdings: A Closer Look

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.

Understanding the Numbers: BigCommerce Holdings's Finances

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Positive Revenue Trend: Examining BigCommerce Holdings's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 16.18% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: BigCommerce Holdings's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -3.77% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -13.99%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): BigCommerce Holdings's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -0.72% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: With a high debt-to-equity ratio of 13.72, BigCommerce Holdings faces challenges in effectively managing its debt levels, indicating potential financial strain.

The Basics of Analyst Ratings

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst RatingsBZI-AAR
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!