For BigCommerce Holdings Inc. [BIGC], Analyst sees a rise to $13. What next?

BigCommerce Holdings Inc. [NASDAQ: BIGC] price surged by 10.73 percent to reach at $0.9. The company report on November 9, 2022 that BigCommerce to Present at Raymond James Technology Investors Conference.


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A live webcast of the presentation will be accessible from the BigCommerce investor relations website at https://investors.bigcommerce.com. Following the event, a replay will be made available at the same location.

A sum of 3555314 shares traded at recent session while its average daily volume was at 960.76K shares. BigCommerce Holdings Inc. shares reached a high of $9.44 and dropped to a low of $8.89 until finishing in the latest session at $9.29.

The one-year BIGC stock forecast points to a potential upside of 49.32. The average equity rating for BIGC stock is currently 2.30, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on BigCommerce Holdings Inc. [BIGC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BIGC shares is $18.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BIGC stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Truist have made an estimate for BigCommerce Holdings Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 04, 2022. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Perform. The new note on the price target was released on July 27, 2022, representing the official price target for BigCommerce Holdings Inc. stock. Previously, the target price had yet another raise to $21, while Berenberg analysts kept a Hold rating on BIGC stock. On March 01, 2022, analysts decreased their price target for BIGC shares from 90 to 50.

The Average True Range (ATR) for BigCommerce Holdings Inc. is set at 1.16, with the Price to Sales ratio for BIGC stock in the period of the last 12 months amounting to 2.65. The Price to Book ratio for the last quarter was 8.01, with the Price to Cash per share for the same quarter was set at 4.86.

BIGC Stock Performance Analysis:

BigCommerce Holdings Inc. [BIGC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -29.89. With this latest performance, BIGC shares dropped by -29.35% in over the last four-week period, additionally sinking by -38.03% over the last 6 months – not to mention a drop of -84.45% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BIGC stock in for the last two-week period is set at 31.56, with the RSI for the last a single of trading hit 29.74, and the three-weeks RSI is set at 33.74 for BigCommerce Holdings Inc. [BIGC]. The present Moving Average for the last 50 days of trading for this stock 14.23, while it was recorded at 8.77 for the last single week of trading, and 18.71 for the last 200 days.

Insight into BigCommerce Holdings Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and BigCommerce Holdings Inc. [BIGC] shares currently have an operating margin of -23.94 and a Gross Margin at +75.54. BigCommerce Holdings Inc.’s Net Margin is presently recorded at -34.88.

Return on Equity for this stock declined to -43.19, with Return on Assets sitting at -18.43.

BigCommerce Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.30 and a Current Ratio set at 5.30.

BIGC Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BIGC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BigCommerce Holdings Inc. go to 5.30%.

BigCommerce Holdings Inc. [BIGC] Insider Position Details

There are presently around $495 million, or 72.70% of BIGC stock, in the hands of institutional investors. The top three institutional holders of BIGC stocks are: DARSANA CAPITAL PARTNERS LP with ownership of 7,000,000, which is approximately 0% of the company’s market cap and around 2.30% of the total institutional ownership; VANGUARD GROUP INC, holding 5,363,724 shares of the stock with an approximate value of $49.83 million in BIGC stocks shares; and BLACKROCK INC., currently with $40.96 million in BIGC stock with ownership of nearly 25.145% of the company’s market capitalization.

Positions in BigCommerce Holdings Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 84 institutional holders increased their position in BigCommerce Holdings Inc. [NASDAQ:BIGC] by around 10,033,196 shares. Additionally, 85 investors decreased positions by around 7,890,068 shares, while 33 investors held positions by with 35,338,117 shares. The mentioned changes placed institutional holdings at 53,261,381 shares, according to the latest SEC report filing. BIGC stock had 23 new institutional investments in for a total of 2,587,727 shares, while 36 institutional investors sold positions of 2,539,968 shares during the same period.

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