Added to YB: 2024-06-13
Pitch date: 2024-03-31
BIGC [bullish]
Commerce.com, Inc.
-32.17%
current return
Author Info
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Company Info
Commerce.com, Inc. operates a software-as-a-service e-commerce platform for brands and retailers in the United States, North and South America, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$377.8M
Pitch Price
$6.90
Price Target
N/A
Dividend
N/A
Sector
IT Services
Category
growth
Show full summary:
Wasatch Global Investors Micro Cap Value Strategy Portfolio Holding: BigCommerce Holdings, Inc.
BIGC: Shift to large enterprise e-commerce accounts for long-term growth. Workforce cuts to accelerate profitability. Strong competitive position with best-of-breed solution. Q1 underperformed on conservative 2024 revenue guidance, but mgmt likely underpromising to overdeliver later.
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