BigCommerce (BIGC) Projected to Post Earnings on Thursday

BigCommerce (NASDAQ:BIGC) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $82.48 million for the quarter. BigCommerce has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

BigCommerce (NASDAQ:BIGC) last announced its earnings results on Thursday, February 20th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.05). BigCommerce had a negative net margin of 8.12% and a negative return on equity of 52.65%. The firm had revenue of $87.03 million during the quarter, compared to analyst estimates of $86.90 million. On average, analysts expect BigCommerce to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BigCommerce Stock Up 1.8 %

Shares of BIGC stock opened at $5.17 on Wednesday. The stock’s fifty day moving average price is $5.66 and its 200 day moving average price is $6.17. BigCommerce has a 1-year low of $4.85 and a 1-year high of $8.60. The company has a market cap of $406.36 million, a price-to-earnings ratio of -14.77 and a beta of 1.18. The company has a debt-to-equity ratio of 7.48, a current ratio of 2.81 and a quick ratio of 2.81.

Insider Activity

In other BigCommerce news, Director Ellen F. Siminoff bought 177,158 shares of BigCommerce stock in a transaction on Thursday, March 6th. The shares were bought at an average price of $6.64 per share, for a total transaction of $1,176,329.12. Following the completion of the transaction, the director now directly owns 253,333 shares of the company’s stock, valued at $1,682,131.12. This trade represents a 232.57 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 4.99% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on BIGC. Morgan Stanley cut their target price on BigCommerce from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 16th. Barclays lowered their price objective on BigCommerce from $7.00 to $6.00 and set an “underweight” rating on the stock in a research report on Monday, April 21st. Finally, Needham & Company LLC restated a “buy” rating and issued a $10.00 price target on shares of BigCommerce in a research note on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, BigCommerce has a consensus rating of “Hold” and an average target price of $7.40.

About BigCommerce

BigCommerce Holdings, Inc operates a software-as-a-service platform for enterprises, small businesses, and mid-markets in the United States, North and South America, Europe, the Middle East, Africa, and the AsiaPacific. The company provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services.