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A Quick Look at Today's Ratings for BigCommerce Holdings(BIGC.US), With a Forecast Between $7 to $10

Futu News ·  Nov 8 21:00  · Ratings

On Nov 08, major Wall Street analysts update their ratings for $BigCommerce Holdings (BIGC.US)$, with price targets ranging from $7 to $10.

Barclays analyst Raimo Lenschow maintains with a hold rating, and maintains the target price at $7.

Jefferies analyst Samad Samana maintains with a hold rating, and adjusts the target price from $10 to $7.

Needham analyst Scott Berg maintains with a buy rating, and adjusts the target price from $14 to $10.

KeyBanc analyst Justin Patterson maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $BigCommerce Holdings (BIGC.US)$'s main analysts recently are as follows:

  • BigCommerce surpassed consensus revenue estimates for Q3, although its Annual Recurring Revenue (ARR) was below expectations and Q4 guidance fell short of forecasts. The company has also commenced a restructuring process. It is believed that BigCommerce is in the initial phase of a strategic repositioning aimed at enhancing future growth, and it is anticipated that investors may seek evidence of progress before further elevating the stock's value.

Here are the latest investment ratings and price targets for $BigCommerce Holdings (BIGC.US)$ from 4 analysts:

StockTodayLatestRating_nn_79328046175585_20241108_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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