BigCommerce (NASDAQ ) Prepares for Q4 Earnings Announcement: Key Metrics, Analyst Ratings, and Price Performance Ahead of November 7th

BigCommerce (NASDAQ: BIGC) is set to release its Q4 earnings report before the market opens on Thursday, November 7th. Analysts anticipate earnings of $0.02 per share for this quarter, marking a key moment for investors and stakeholders monitoring the company’s financial trajectory.

Read Also: BigCommerce Holdings Inc (BIGC) Stock Price Performance

In its last earnings report on August 1st, BigCommerce reported $0.05 earnings per share (EPS), exceeding the analysts’ forecast of $0.03 by $0.02. The quarter showed a negative return on equity of 82.39% and a negative net margin of 12.68%, with total revenue reaching $81.83 million, which topped the consensus estimate of $81.13 million. This marked an 8.5% increase in quarterly revenue compared to the previous year when the company posted ($0.17) EPS. Analysts predict BigCommerce will report $0 EPS for both the current and next fiscal years, as the company continues to stabilize its financial performance in the competitive ecommerce platform space.

BigCommerce Stock Performance

BigCommerce’s stock opened at $5.40 on Thursday, reflecting a 1-year low of $5.25 and a high of $10.29 over the past year. The stock has shown volatility, with a fifty-day moving average of $5.75 and a 200-day average of $6.71. With a market cap of $419.87 million, a price-to-earnings (P/E) ratio of -10.00, and a beta of 0.98, BigCommerce’s performance metrics highlight both the risks and opportunities for investors. Additionally, the company maintains a debt-to-equity ratio of 13.04, alongside a current and quick ratio of 4.51, indicating solid short-term liquidity.

Analyst Ratings and Price Targets

Recent analyst ratings reflect mixed expectations for BigCommerce. Needham & Company LLC recently reiterated a “buy” rating with a $14.00 price target. Meanwhile, Stifel Nicolaus lowered its price objective from $10.00 to $8.00, maintaining a “buy” rating. Conversely, Bank of America downgraded its price objective from $8.00 to $6.00, setting an “underperform” rating, while Barclays adjusted its target from $8.00 to $7.00 with an “equal weight” rating. MarketBeat.com reports an overall consensus rating of “Hold,” with an average price target of $8.81, based on the views of multiple analysts, which underscores the stock’s current mixed sentiment.

About BigCommerce Holdings, Inc.

BigCommerce Holdings, Inc. operates a leading software-as-a-service (SaaS) ecommerce platform, serving businesses across various regions, including the United States, Europe, and the Asia-Pacific. The platform enables users to launch, manage, and scale their online stores, providing comprehensive features such as store design, catalog management, hosting, checkout solutions, order management, and integration with third-party services.

Read Also: BigCommerce Introduces BigTravel – A Game-Changer for Travel Agents to Personalize Customer Journeys