The Latest Analyst Ratings For BigCommerce Holdings
Portfolio Pulse from Benzinga Insights
BigCommerce Holdings (NASDAQ:BIGC) has been evaluated by 5 analysts over the last three months, showing a mix of opinions. The average 12-month price target is now $11.0, up 1.1% from the previous $10.88, with a high estimate of $20.00 and a low of $7.50. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. BigCommerce's financials show a solid revenue growth rate of 16.18% as of December 31, 2023, but lag behind industry peers. The company's net margin outperforms industry averages, yet it faces challenges with a high debt-to-equity ratio and below-average ROE and ROA.
March 25, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
BigCommerce Holdings has received mixed analyst ratings with a slight increase in the average price target to $11.0. The company shows solid revenue growth but struggles with financial metrics like high debt and below-average ROE.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on BIGC's stock price. The solid revenue growth is positive, but the financial challenges such as high debt and below-average ROE and ROA may counterbalance investor sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100