BigCommerce Holdings (BIGC) 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).

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.

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.

BigCommerce (BIGC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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.

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.

BigCommerce (BIGC) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.01 per share a year ago.

AUSTIN, Texas , Nov. 07, 2024 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce” or the “Company”) (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced financial results for its third quarter ended September 30, 2024. “BigCommerce has been significantly underrepresented in the marketplace relative to the strength of our products,” said Travis Hess, CEO of BigCommerce.

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