BigCommerce Holdings, Inc. – Series 1
Description
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. It serves stores in various sizes, product categories, and purchase types, such as business-to-business and business-to-consumer. The company was founded in 2009 and is headquartered in Austin, Texas.
About
CEO
Mr. Christopher Travis Hess
Employees
1,321
Instrument type
Common Stock
Sector
Technology
Industry
Software - Application
MIC code
XNMS
Address
11305 Four Points Drive, Austin, TX 78726, United States
×
Oscillators
Invalid data format
Summary
Invalid data format
Moving Averages
Invalid data format
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| May 7, 2025 | — | — | — | — |
| Feb 20, 2025 | 0.07 | — | — | — |
| Nov 7, 2024 | 0.02 | 0.06 | 0.04 | 200.00% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 10 | — | 11 |
| Average estimate | — | 0.05 | — | 0.28 |
| Low estimate | — | 0.03 | — | 0.15 |
| High estimate | — | 0.09 | — | 0.50 |
| Last year EPS | — | 0.07 | — | 0.24 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-26.230%
Next qtr. (Mar 2025)
-22.140%
Current year
695.070%
Next year (Dec 2025)
18.850%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Jan 10, 2025 |
Barclays
Raimo Lenschow
|
Downgrade | Underweight | ▼ Lowers $8 → $7 |
| Dec 9, 2024 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $10 |
| Dec 6, 2024 |
Barclays
Ramsey El-Assal
|
Maintains | Equal-Weight | ▲ Raises $7 → $8 |
| Oct 3, 2024 |
Stifel
Parker Lane
|
Maintains | Buy | ▼ Lowers $10 → $8 |
| Oct 3, 2024 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $14 |
| Aug 29, 2024 |
B of A Securities
Koji Ikeda
|
Maintains | Underperform | ▼ Lowers $8 → $6 |
| Aug 28, 2024 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $14 |
| Aug 5, 2024 |
Barclays
Ramsey El-Assal
|
Maintains | Equal-Weight | ▼ Lowers $8 → $7 |
| Aug 2, 2024 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $14 |
| May 10, 2024 |
Barclays
Ramsey El-Assal
|
Maintains | Equal-Weight | ▲ Raises $7 → $8 |
| May 10, 2024 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $14 |
| Apr 17, 2024 |
Morgan Stanley
Keith Weiss
|
Maintains | Equal-Weight | ▼ Lowers $10 → $8 |
| Apr 15, 2024 |
Barclays
Raimo Lenschow
|
Maintains | Equal-Weight | ▼ Lowers $10 → $7 |
| Mar 25, 2024 |
B of A Securities
Koji Ikeda
|
Downgrade | Underperform | ▼ Lowers $11 → $7.5 |
| Feb 23, 2024 |
Truist Securities
Terry Tillman
|
Maintains | Hold | ▼ Lowers $10 → $9 |
| Feb 23, 2024 |
Piper Sandler
Clarke Jeffries
|
Maintains | Neutral | ▼ Lowers $11 → $9 |
| Feb 5, 2024 |
Goldman Sachs
Gabriela Borges
|
Downgrade | Neutral | ▼ Lowers $11.5 → $9.5 |
| Jan 30, 2024 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $20 |
| Nov 27, 2023 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $20 |
| Nov 16, 2023 |
Piper Sandler
Clarke Jeffries
|
Reiterates | Neutral | Maintains $11 |
| Nov 10, 2023 |
Goldman Sachs
Gabriela Borges
|
Maintains | Buy | ▼ Lowers $13 → $11.5 |
| Nov 9, 2023 |
Truist Securities
Terry Tillman
|
Maintains | Hold | ▼ Lowers $12 → $10 |
| Nov 9, 2023 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $20 |
| Sep 22, 2023 |
UBS
Chris Kuntarich
|
Initiates | Neutral | Announces $12 |
| Aug 7, 2023 |
Truist Securities
Terry Tillman
|
Maintains | Hold | ▲ Raises $8 → $12 |
| Aug 7, 2023 |
Barclays
Raimo Lenschow
|
Maintains | Equal-Weight | ▲ Raises $10 → $12 |
| Aug 7, 2023 |
Piper Sandler
Clarke Jeffries
|
Maintains | Neutral | ▲ Raises $9 → $11 |
| Aug 4, 2023 |
Morgan Stanley
Keith Weiss
|
Reiterates | Equal-Weight | Maintains $10 |
| Aug 4, 2023 |
Barclays
Raimo Lenschow
|
Maintains | Equal-Weight | ▲ Raises $10 → $12 |
| Aug 4, 2023 |
Needham
Scott Berg
|
Reiterates | Buy | Maintains $20 |
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 309.39M | 279.08M | 219.86M | 152.37M | 112.10M |
| Cost of revenue | 74.20M | 69.98M | 48.48M | 34.13M | 27.02M |
| Gross profit | 235.19M | 209.10M | 171.38M | 118.24M | 85.08M |
| Operating expense | |||||
| Research & development | 83.46M | 88.25M | 64.55M | 48.33M | 43.12M |
| Selling general and admin | 199.07M | 210.78M | 156.19M | 108.61M | 82.94M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -55.76M | -98.02M | -52.64M | -38.70M | -40.99M |
| Non operating interest income | |||||
| Income | 11.49M | 4.20M | 130,000 | 31,000 | 245,000 |
| Expense | 908,000 | 868,000 | 254,000 | 3.10M | 1.61M |
| Other income expense | -17.52M | -42.78M | -23.37M | 4.23M | -208,000 |
| Pretax income | -64.67M | -139.42M | -76.71M | -37.54M | -42.56M |
| Tax provision | — | 495,000 | -34,000 | 25,000 | 28,000 |
| Net income | -64.67M | -139.92M | -76.68M | -37.56M | -42.59M |
| Basic EPS | -0.86 | -1.91 | -1.08 | -0.99 | -0.88 |
| Diluted EPS | -0.86 | -1.91 | -1.08 | -0.99 | -0.88 |
| Basic average shares | 75.14M | 73.23M | 70.93M | 39.09M | 56.90M |
| Diluted average shares | 75.14M | 73.23M | 70.93M | 39.09M | 56.90M |
| EBITDA | -34.60M | -84.59M | -47.01M | -35.76M | -38.38M |
| Net income from continuing op. | -64.67M | -139.92M | -76.68M | -37.56M | -42.59M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | -1.09M |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 444.06M | 474.06M | 555.46M | 276.63M | 56.06M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 71.72M | 91.57M | 297.56M | 219.45M | 7.80M |
| Other short term investments | 198.42M | 211.94M | 102.32M | — | — |
| Accounts receivable | 37.71M | 35.07M | 39.81M | 22.89M | 15.55M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | 9.71M | 8.00M | 5.30M |
| Restricted cash | 1.13M | 1.46M | 1.14M | 1.16M | 1.36M |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 24.73M | 28.03M | 9.71M | 8.00M | 5.30M |
| Non current assets | |||||
| Properties | 4.41M | 5.89M | 9.52M | 11.84M | 14.07M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 23.91M | 18.87M | 13.98M | 12.66M | 10.80M |
| Construction in progress | — | — | — | — | — |
| Leases | 6.39M | 6.35M | 6.23M | 7.94M | 7.83M |
| Accumulated depreciation | -20.07M | -16.14M | -12.78M | -13.49M | -10.40M |
| Goodwill | 131.22M | 127.08M | 119.90M | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 27.05M | 27.58M | 35.03M | — | — |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 7.06M | 7.51M | 6.50M | 3.59M | 2.09M |
| Total liabilities | 418.53M | 428.38M | 417.17M | 59.87M | 313.37M |
| Current liabilities | |||||
| Accounts payable | 7.98M | 7.01M | 8.21M | 5.79M | 3.88M |
| Accrued expenses | 15.73M | 16.27M | 20.26M | 21.60M | 11.98M |
| Short term debt | 3.09M | 2.61M | 2.65M | 3.17M | 5.08M |
| Deferred revenue | 32.24M | 17.78M | 12.75M | 11.41M | 9.40M |
| Tax payable | 1.63M | 1.89M | 679,000 | 814,000 | 551,000 |
| Pensions | — | — | — | — | — |
| Other current liabilities | 10.07M | 33.23M | 18.26M | 3.11M | 3.03M |
| Non current liabilities | |||||
| Long term debt | 347.22M | 347.51M | 345.75M | 12.67M | 54.21M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 551,000 | 2.09M | 7.25M | — | — |
| Shareholders equity | |||||
| Common stock | 7,000 | 7,000 | 7,000 | 7,000 | 2,000 |
| Retained earnings | -594.66M | -529.99M | -390.07M | -313.39M | -274.55M |
| Other shareholders equity | 163,000 | -1.20M | -191,000 | — | — |
| Total shareholders equity | 25.53M | 45.67M | 138.29M | 216.76M | -257.30M |
| Additional paid in capital | 620.02M | 576.85M | 528.54M | 530.14M | 17.24M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | -64.67M | -139.92M | -76.68M | -37.56M | -42.59M | -38.88M |
| Depreciation | 12.48M | 11.42M | 6.15M | 3.08M | 2.57M | 1.84M |
| Deferred Taxes | — | — | — | — | — | — |
| Stock-Based Compensation | 41.19M | 42.33M | 25.42M | 11.06M | 3.16M | 2.07M |
| Other Non-Cash Items | 2.14M | 1.96M | 574,000 | 774,000 | 54,000 | 49,000 |
| Accounts Receivable | -3.88M | -20.34M | -17.28M | -9.31M | -6.30M | -4.63M |
| Accounts Payable | 962,000 | -1.20M | 2.14M | 1.91M | -1.58M | 291,000 |
| Other Assets & Liabilities | 10.43M | 1.84M | -2.13M | -574,000 | -2.58M | 6.45M |
| Operating Cash Flow | -1.35M | -103.90M | -61.80M | -30.62M | -47.27M | -32.80M |
| Investing Activities | ||||||
| Capital Expenditures | -4.18M | -5.20M | -3.30M | -1.96M | -5.58M | -3.33M |
| Net Intangibles | — | — | — | — | — | — |
| Net Acquisitions | -7.89M | -696,000 | -81.07M | — | — | — |
| Purchase of Investments | -228.28M | -214.18M | -107.01M | — | — | -33.57M |
| Sale of Investments | 243.17M | 103.55M | 4.50M | — | 23.45M | 10.38M |
| Investing Cash Flow | 2.82M | -116.53M | -186.88M | -1.96M | 17.87M | -26.52M |
| Financing Activities | ||||||
| Long-Term Debt Issuance | 1.08M | — | 345.00M | 41.86M | 18.50M | 4.50M |
| Long-Term Debt Payments | -394,000 | — | — | -28.62M | -2.05M | -4.50M |
| Other Financing Charges | -3.29M | — | -45.61M | — | — | — |
| Financing Cash Flow | -2.61M | — | 299.39M | 236.67M | 16.45M | 63.63M |
| Other Cash Details | ||||||
| End Cash Position | 72.85M | 93.03M | 298.70M | 220.61M | 9.15M | 13.90M |
| Income Tax Paid | 583,000 | 32,000 | — | — | — | — |
| Interest Paid | 894,000 | 903,000 | — | 2.29M | 1.63M | 1.25M |
| Free Cash Flow | -28.42M | -94.55M | -43.60M | -28.49M | -45.55M | -33.92M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 2,115,072 | 13.71M | 2.70% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,992,117 | 12.91M | 2.54% |
| Vanguard Information Technology Index Fund | Nov 30, 2024 | 1,503,663 | 9.74M | 1.92% |
| Franklin Strategic Series-Franklin Small Cap Growth Fund | Oct 31, 2024 | 1,434,010 | 9.29M | 1.83% |
| Wasatch Ultra Growth Fund | Sep 30, 2024 | 1,390,245 | 9.01M | 1.77% |
| Legg Mason Glb Asset Mgt Tr-Clearbridge Small Cap Fd | Oct 31, 2024 | 1,086,800 | 7.04M | 1.39% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 1,068,714 | 6.93M | 1.36% |
| WisdomTree Tr-WisdomTree Cloud Computing Fd | Sep 30, 2024 | 1,020,403 | 6.61M | 1.30% |
| Vanguard Explorer Fund, Inc. | Oct 31, 2024 | 1,000,482 | 6.48M | 1.28% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 779,552 | 5.05M | 0.99% |
Article
BigCommerce to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 20, 2025
AUSTIN, Texas, Jan. 21, 2025 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (“BigCommerce”) (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced it will report its financial results for the fourth quarter and fiscal year ended December 31, 2024, before market open on Thursday, February 20, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 7:00 a.m.
GlobeNewsWire
Neutral
Jan 21, 2025
Article
BigCommerce (BIGC) Upgraded to Buy: What Does It Mean for the Stock?
BigCommerce (BIGC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Zacks Investment Research
Positive
Dec 24, 2024
Article
Leading Sports Equipment Brand Mizuno USA Launches New Composable Ecommerce Website on BigCommerce
AUSTIN, Texas--(BUSINESS WIRE)--BigCommerce (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced that popular sports brand Mizuno USA launched its new website on the BigCommerce platform. Mizuno, a global brand known for its forward-thinking digital approach, aimed to future-proof its business by employing an innovative composable commerce approach with a customized tech stack while still delivering a sign.
Business Wire
Neutral
Dec 11, 2024