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Investing.com - Stifel has reiterated its Buy rating and $8.00 price target on Commerce.com (OTC:CMRC), representing a significant upside from the current price of $4.62, following the company’s annual BigSummit conference held near its headquarters in Austin, Texas. According to InvestingPro data, the stock has declined nearly 26% over the past six months.
The research firm attended the customer and partner conference on Tuesday, which included an Analyst Q&A session covering topics such as the company’s recent rebranding, B2B and B2C strategy, product roadmap, and long-term efficiency framework.
Commerce.com announced a series of product enhancements as part of its " Next (LON:NXT) Big Thing" update during the event, though management did not provide any updates to the financial targets previously outlined at its Analyst Day or latest earnings call.
The Q&A session primarily focused on addressing investor questions following the company’s rebranding from BigCommerce to Commerce.com, with no new financial guidance offered.
Stifel expressed confidence that Commerce.com is "on stable footing to execute its new GTM motion and deliver topline acceleration and modest margin improvements in FY26," concluding that the risk/reward profile "skews favorably" for the stock. While the company isn’t currently profitable, InvestingPro reveals that analysts expect profitability this year. Get access to 8 additional ProTips and comprehensive financial analysis with an InvestingPro subscription.
In other recent news, Commerce, previously known as BigCommerce, reported its Q2 2025 earnings with revenue slightly surpassing expectations at $84.4 million compared to the forecasted $83.3 million. The company met its earnings per share (EPS) forecast precisely at $0.04. Needham reiterated its Buy rating on Commerce.com stock, maintaining a price target of $10.00, citing positive impressions from the company’s BigSummit customer conference. The conference highlighted several new AI enhancements, focusing on usability improvements, simplified data ingestion, and optimized data flow into Answer Engines. Meanwhile, Stifel adjusted its price target for Commerce to $8.00 from $9.00, while maintaining a Buy rating. This adjustment followed Commerce’s announcement of rebranding from BigCommerce to better reflect its positioning in an "agentic commerce world." These developments indicate a strategic focus on enhancing technological capabilities and brand alignment.
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