Commerce.com, Inc. (NASDAQ:CMRC) Receives $8.42 Average Price Target from Analysts

Key Points

• Commerce.com, Inc. (NASDAQ:CMRC) has received an average recommendation of "Hold" from six brokerages, with ratings ranging from sell to buy.
• The average 1-year target price for the stock is $8.42, despite it trading at approximately $4.52 currently.
• Institutional ownership accounts for 79.21% of the stock, indicating strong interest from hedge funds and other investment firms.

Shares of Commerce.com, Inc. (NASDAQ:CMRC - Get Free Report) have been assigned an average recommendation of "Hold" from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $8.4167.

A number of brokerages recently issued reports on CMRC. Wall Street Zen upgraded shares of Commerce.com from a "hold" rating to a "buy" rating in a research report on Sunday, August 10th. Needham & Company LLC reaffirmed a "buy" rating and set a $10.00 target price on shares of Commerce.com in a report on Wednesday, August 20th. Finally, 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.

Institutional Investors Weigh In On Commerce.com

A number of institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC raised its stake in Commerce.com by 8,196.8% during the 1st quarter. GAMMA Investing LLC now owns 5,144 shares of the company's stock worth $30,000 after acquiring an additional 5,082 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Commerce.com during the fourth quarter valued at $35,000. Next Level Private LLC bought a new stake in Commerce.com during the first quarter valued at about $58,000. Sei Investments Co. purchased a new stake in Commerce.com in the first quarter valued at about $64,000. Finally, CWM LLC grew its stake in Commerce.com by 87.4% during the 1st quarter. CWM LLC now owns 12,482 shares of the company's stock valued at $72,000 after purchasing an additional 5,820 shares during the last quarter. Hedge funds and other institutional investors own 79.21% of the company's stock.

Commerce.com Stock Performance

NASDAQ CMRC traded down $0.08 during trading hours on Thursday, hitting $4.58. 643,896 shares of the stock were exchanged, compared to its average volume of 820,123. The company has a market cap of $369.79 million, a price-to-earnings ratio of -20.82 and a beta of 1.15. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 4.06. The stock has a 50-day moving average of $4.75 and a 200 day moving average of $5.16. Commerce.com has a 12-month low of $4.14 and a 12-month high of $7.99.

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

Commerce.com Company Profile

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.