Commerce.com, Inc. (NASDAQ:CMRC) Receives $8.07 Consensus Target Price from Brokerages

Key Points

• Commerce.com, Inc. (NASDAQ:CMRC) has received an average rating of "Hold" from analysts, with two sell ratings, two hold ratings, and three buy ratings.
• The average twelve-month price target from brokerages covering the stock is $8.0714, though analysts have varied on their expectations, with Barclays setting a target of $6.00 and Canaccord Genuity providing a target of $11.00.
• Institutional investors own 79.21% of Commerce.com stock, with GAMMA Investing LLC notably increasing its holdings by 8,196.8% in the first quarter.

Shares of Commerce.com, Inc. (NASDAQ:CMRC - Get Free Report) have received an average rating of "Hold" from the seven brokerages that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $8.0714.

A number of brokerages recently commented on CMRC. Canaccord Genuity Group reaffirmed a "buy" rating and issued a $11.00 target price on shares of Commerce.com in a report on Friday, August 1st. Needham & Company LLC reissued a "buy" rating and set a $10.00 price target on shares of Commerce.com in a report on Wednesday. The Goldman Sachs Group reduced their target price on Commerce.com from $9.50 to $8.50 and set a "neutral" rating on the stock in a report on Friday, May 9th. Finally, Wall Street Zen upgraded Commerce.com from a "hold" rating to a "buy" rating in a research report on Sunday, August 10th.

Commerce.com Price Performance

Shares of CMRC traded up $0.06 during midday trading on Friday, reaching $4.54. The stock had a trading volume of 887,559 shares, compared to its average volume of 1,038,303. The company's 50-day moving average is $4.86 and its 200 day moving average is $5.41. Commerce.com has a 12-month low of $4.14 and a 12-month high of $7.99. The company has a current ratio of 2.13, a quick ratio of 2.13 and a debt-to-equity ratio of 4.06. The company has a market capitalization of $366.56 million, a price-to-earnings ratio of -20.64 and a beta of 1.15.

Commerce.com (NASDAQ:CMRC - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.01. The company had revenue of $84.43 million during the quarter, compared to analysts' expectations of $86.08 million. Commerce.com had a negative return on equity of 25.13% and a negative net margin of 5.37%.Commerce.com's quarterly revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.05 EPS. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Hedge Funds Weigh In On Commerce.com

A number of large investors have recently made changes to their positions in CMRC. LPL Financial LLC increased its position in shares of Commerce.com by 12.4% during the fourth quarter. LPL Financial LLC now owns 44,464 shares of the company's stock worth $272,000 after purchasing an additional 4,892 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Commerce.com by 86.2% during the fourth quarter. Bank of Montreal Can now owns 23,681 shares of the company's stock valued at $145,000 after buying an additional 10,961 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Commerce.com by 6.7% during the fourth quarter. Renaissance Technologies LLC now owns 880,005 shares of the company's stock valued at $5,386,000 after buying an additional 55,353 shares during the last quarter. Barclays PLC grew its holdings in shares of Commerce.com by 9.5% during the fourth quarter. Barclays PLC now owns 127,729 shares of the company's stock valued at $781,000 after buying an additional 11,062 shares during the last quarter. Finally, Formula Growth Ltd. purchased a new stake in shares of Commerce.com during the fourth quarter valued at $306,000. 79.21% of the stock is owned by institutional investors and hedge funds.

About Commerce.com

BigCommerce Holdings, Inc operates a software-as-a-service platform for small businesses, mid-markets, and large enterprises in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company's platform provides various services for launching and scaling e-commerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integrations.