BigCommerce's stock has been volatile since the company went public in August 2020. After a massive share-price run-up following its IPO, the company's share price crashed and hasn't recovered. Even with today's share-price bump, BigCommerce stock is still down 7.1% since its IPO.
Why did BigCommerce's stock drop today?
The combination of the share price for the new stock offering and Foster's sell rating led BigCommerce investors to push the company's stock price down today.
Should you buy or sell BigCommerce stock?
14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BigCommerce in the last twelve months. There are currently 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BigCommerce stock.
How do I know if BigCommerce is down?
There are two main options: You can check the BigCommerce status page or you can subscribe to StatusGator for free alerts and notifications when their status page changes. BigCommerce status page says the service is up, but I'm having issues.
Why is my BigCommerce not working?
There may be several reasons for that: 1 An outage that hasn't been communicated yet via the BigCommerce status page. 2 Some local issues with a small group of accounts on the service side. 3 Technical issues on your side, or problems with your software or ISP. 4 A misconfiguration on your side.
Is BigCommerce stock a good buy?
Out of 13 analysts, 7 (53.85%) are recommending BIGC as a Strong Buy, 2 (15.38%) are recommending BIGC as a Buy, 4 (30.77%) are recommending BIGC as a Hold, 0 (0%) are recommending BIGC as a Sell, and 0 (0%) are recommending BIGC as a Strong Sell.
Is BigCommerce overvalued?
We continue to believe that BigCommerce (NASDAQ:BIGC) is an overvalued stock with little upside. The company continues to bleed cash, while its growth rate is not as impressive in comparison to its peers.
Is BigCommerce undervalued?
Bigcommerce Holdings shows a prevailing Real Value of $27.93 per share. The current price of the firm is $14.02. At this time, the firm appears to be undervalued....USD 14.02 1.41 9.14%LowEstimated ValueHigh9.4615.6021.74
What happened BigCommerce?
For the three-month span ending in September, e-commerce support outfit BigCommerce lost $21.3 million on revenue of $59.3 million. Results were better on an adjusted/operating basis, with a more modest loss of $3.8 million, or a loss of $0.06 per share.
Will BigCommerce stock go up?
Stock Price Forecast The 13 analysts offering 12-month price forecasts for Bigcommerce Holdings Inc have a median target of 28.00, with a high estimate of 50.00 and a low estimate of 21.00. The median estimate represents a +77.22% increase from the last price of 15.80.
What is BigCommerce revenue?
112.1 million USD (2019)BigCommerce / Revenue
Is Big Commerce profitable?
Profit potential. At current share prices near $17, BigCommerce trades at a market cap of $1.3 billion. After we net off the $376.1 million of cash and $336.0 million of debt on BigCommerce's most recent balance sheet, the company's resulting enterprise value is just $1.26 billion.
What is the difference between BigCommerce and Shopify?
Shopify is best for larger businesses, but BigCommerce is better for very large stores that are only selling online. Both platforms offer tailored, powerful solutions, but BigCommerce is equipped to handle larger scale omnichannel growth.
How many shares of BigCommerce are there?
72.67MBigCommerce Holdings Inc.Volume1.49MShares Outstanding72.67MEPS (TTM)-$1.46P/E Ratio (TTM)N/ADividend YieldN/A7 more rows
What is BigCommerce company?
BigCommerce is a public-traded e-commerce platform offering software-as-a-service (SaaS) services for building and hosting online stores. Over its lifetime, BigCommerce has hosted more than 145,000 websites, and it currently has 52,198 stores active on the platform.
Should I buy or sell BigCommerce stock right now?
16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BigCommerce in the last twelve months. There are currently 6 hol...
What is BigCommerce's stock price forecast for 2022?
16 brokers have issued 1 year price targets for BigCommerce's stock. Their forecasts range from $21.00 to $50.00. On average, they anticipate BigCo...
How has BigCommerce's stock performed in 2022?
BigCommerce's stock was trading at $35.37 at the beginning of the year. Since then, BIGC shares have decreased by 51.1% and is now trading at $17.2...
Are investors shorting BigCommerce?
BigCommerce saw a decrease in short interest in May. As of May 31st, there was short interest totaling 6,240,000 shares, a decrease of 21.2% from t...
When is BigCommerce's next earnings date?
BigCommerce is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for BigComme...
How were BigCommerce's earnings last quarter?
BigCommerce Holdings, Inc. (NASDAQ:BIGC) issued its quarterly earnings data on Monday, May, 2nd. The company reported ($0.31) earnings per share fo...
What guidance has BigCommerce issued on next quarter's earnings?
BigCommerce issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share (EPS) guidance of for th...
Who are BigCommerce's key executives?
BigCommerce's management team includes the following people: Mr. Brent Bellm , Chairman, Pres & CEO (Age 50, Pay $1.06M) Mr. Robert Alvarez , C...
Who are some of BigCommerce's key competitors?
Some companies that are related to BigCommerce include Qualys (QLYS) , Coupa Software (COUP) , National Instruments (NATI) , Paycor HCM (PYCR)...
When will BigCommerce release its earnings?
BigCommerce is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021. View our earnings forecast for BigCommerce.
What is the official website of BigCommerce?
The official website for BigCommerce is www.bigcommerce.com.
What is the BIGC symbol?
BigCommerce trades on the NASDAQ under the ticker symbol "BIGC."
What is BigCommerce's FY 2021 earnings?
BigCommerce issued an update on its FY 2021 earnings guidance on Thursday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $216.20 million-$216.60 million, compared to the consensus revenue estimate of $211.36 million.
What is the P/E ratio of BigCommerce?
The P/E ratio of BigCommerce is -56.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
What does "hold" mean in BigCommerce?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in BIGC, but not buy additional shares or sell existing shares. View analyst ratings for BigCommerce or view top-rated stocks.
Is BigCommerce a hold?
Wall Street analysts have given BigCommerce a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but BigCommerce wasn't one of them.
How much revenue will BigCommerce make in 2021?
BigCommerce's management issued revenue guidance for the first quarter of 2021 in the range of $41.8 million to $42.3 million and an adjusted operating loss of about $8 million at the midpoint of guidance.
What is the revenue of BigCommerce in 2020?
BigCommerce's CEO, Brent Bellm, said in a press release that the company had a "historic year" in 2020, referencing the company's 39% revenue jump and an annual revenue run rate (ARR) of $181.2 million, an increase of 41% from 2019. The company also highlighted that its total revenue for fiscal 2020 was up 36% from 2019, ...
What happened
Shares of BigCommerce ( BIGC -4.67% ) sank on Thursday after the e-commerce software provider reported its second-quarter results. While it beat analyst expectations across the board, some red flags along with a lofty valuation gave investors plenty of reasons to push down the stock. Shares were down around 6.8% at 11:40 a.m.
So what
BigCommerce reported second-quarter revenue of $36.3 million, up 33% year over year and about $700,000 higher than the average analyst estimate. The total annual revenue run-rate rose 32% to $151.8 million.
NASDAQ: BIGC
Adjusted earnings per share came in at a loss of $0.38, better than a loss of $0.58 in the prior-year period and $0.05 better than analysts were expecting. Despite the sluggish pace of customer additions, BigCommerce spent around 46% of its revenue on sales and marketing.
Now what
For the third quarter, management expects to produce revenue between $35.9 million and $36.3 million, representing a small sequential decline at the midpoint. For the full year, the company sees revenue between $142.5 million and $143.3 million.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
Some analysts indicated the company's stock has gained too much too fast, and investors jumped ship
Chris has covered Tech and Telecom companies for The Motley Fool since 2012. Follow him on Twitter for the latest tech stock coverage. Follow @tmfnewsie
What happened
Shares of BigCommerce Holdings ( NASDAQ:BIGC) were falling today after a handful of analysts initiated coverage of the company, with some of them saying the company's share price may be overvalued right now.
So what
Morgan Stanley analyst Stan Zlotsky initiated coverage of BigCommerce today with an underweight rating and price target of $52. Zlotsky said the rating was "all about the valuation, not the opportunity," but investors reacted negatively to Zlotsky's report and drove down BigCommerce's stock.
Now what
Even with the company's stock price drop today, BigCommerce's shares are still up 50% since the beginning of this month. But today's wild swing shows just how volatile this stock is right now.
Why is BigCommerce red down?
If BigCommerce is having system outages or experiencing other critical issues, red down notifications appear on the status page. In most cases, it means that core functions are not working properly, or there is some other serious customer-impacting event underway.
What does BigCommerce do when it has an outage?
When BigCommerce has outages or other service-impacting events on their status page, we pull down the detailed informational updates and include them in notifications. These messages often include the current details about how the problem is being mitigated, or when the next update will occur.
How to contact BigCommerce?
We recommend contacting BigCommerce customer support while checking everything on your side. You can also try Tweeting at them via @Bigcommerce on Twitter. Or visit their official status page or website:
Does Statusgator notify BigCommerce?
BigCommerce posts separate notifications for planned maintenance work. StatusGator will notify subscribers when BigCommerce enters a pre-planned maintenance window, keeping you up to date.
Can I check BigCommerce status?
There are two main options: You can check the BigCommerce status page or you can subscribe to StatusGator for free alerts and notifications when their status page changes. BigCommerce status page says the service is up, but I'm having issues.
What is BigCommerce 2021?
(“BigCommerce”) (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced the following upcoming investor conference presentations. President, Chief Executive Officer and Chairman Brent Bellm and Chief Financial Officer Robert Alvarez will present and host virtual meetings with institutional investors at the following events: J.P. Morgan Global Technology, Media and Communications Conferences on Tuesday, May 25, 2021 at 4:25 p.m. Eastern Time (3:25 p.m. Central Time)Baird Global Consumer, Technology & Services Conference on Tuesday, June 8, 2021 at 1:25 p.m. Eastern Time (12:25 p.m. Central Time)Stifel Virtual Cross Sector Insight Conference on Thursday, June 10 at 12:40 p.m. Eastern Time (11:40 a.m. Central Time) Live webcasts of the presentations will be accessible from the BigCommerce investor relations website at https://investors.bigcommerce.com. Following the events, replays will be made available at the same location. About BigCommerceBigCommerce (Nasdaq: BIGC) is a leading software-as-a-service (SaaS) ecommerce platform that empowers merchants of all sizes to build, innovate and grow their businesses online. As a leading Open SaaS solution, BigCommerce provides merchants sophisticated enterprise-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2B and B2C companies across 150 countries and numerous industries use BigCommerce to create beautiful, engaging online stores, including Ben & Jerry’s, Molton Brown, S.C. Johnson, Skullcandy, Sony and Vodafone. Headquartered in Austin, BigCommerce has offices in San Francisco, Sydney and London. For more information, please visit www.bigcommerce.com or follow us on Twitter, LinkedIn, Instagram and Facebook. BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners. Media Relations ContactsRachael [email protected] Investor Relations ContactAmit [email protected] 512-865-4599
When will BIGC earnings call end?
BIGC earnings call for the period ending September 30, 2021.
Does BigCommerce work with Amazon?
BigCommerce rose on Wednesday after the e-commerce software-as-a-service platform unveiled an integration with Amazon's multichannel fulfillment. The project will enable the Austin company's U.S. merchants to complete their orders more easily whether they sell on Amazon or not.
