BigCommerce Holdings Inc (NASDAQ:BIGC) price on Friday, April 11, rose 0.38% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.34.
A look at the stock’s price movement, the close in the last trading session was $5.32, moving within a range at $5.16 and $5.459. The beta value (5-Year monthly) was 1.175. Turning to its 52-week performance, $8.60 and $4.91 were the 52-week high and 52-week low respectively. Overall, BIGC moved -12.03% over the past month.
BigCommerce Holdings Inc’s market cap currently stands at around $424.39 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19.
Analysts have a consensus estimate of 82.48M for the company’s revenue for the quarter, with a low and high estimate of 82M and 83M respectively. The average forecast suggests up to a 2.64% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 345.86M, representing a 3.89% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BIGC is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 1 recommend BIGC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BIGC’s current price about -7.09% and -14.38% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.67, while 7-day volatility ratio is 9.18% and 5.18% in the 30-day chart. Further, BigCommerce Holdings Inc (BIGC) has a beta value of 1.15, and an average true range (ATR) of 0.36. Analysts have given the company’s stock an average 52-week price target of $11, forecast between a low of $6 and high of $55. Looking at the price targets, the low is -12.36% off current price level while to achieve the yearly target high, price needs to move -929.96%. Nonetheless, investors will most likely welcome a -105.99% jump to $11 which is the analysts’ median price.
If we refocus on BigCommerce Holdings Inc (NASDAQ:BIGC), historical trading data shows that trading volumes averaged 0.89 over the past 10 days and 881.71K over the past 3 months. The company’s latest data on shares outstanding shows there are 78.57 million shares.
The 19.76% of BigCommerce Holdings Inc’s shares are in the hands of company insiders while institutional holders own 69.78% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.87 million on 2025-03-14, giving us a short ratio of 4.7. The data shows that as of 2025-03-14 short interest in BigCommerce Holdings Inc (BIGC) stood at 918.0000400000001 of shares outstanding, with shares short rising to 5.42 million registered in 2025-02-14. Current price change has pushed the stock -12.75% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BIGC stock continues to rise going into the next quarter.
