BigCommerce | BIGC | Long at $7.15BigCommerce NASDAQ:BIGC is growing. Revenue in FY2020 was $152 million and in FY2024 it rose to $333 million. In 2025, the company is targeting $342.1M-$350.1M revenue with focus on B2B growth. Free cash flow in FY2024 was positive for the first time at $22 million. Stay cautious, however, with a high debt-to-equity ratio of 6x... insiders have recently grabbed $100k+ in shares as well as awarded themselves options. While the price gap near the mid $5 range may be closed in the near-term, the longer-term outlook here seems positive unless the company fundamentals change. The price has also entered my historical simple moving average zone/lines, which is often a bullish signal. Thus, at $7.15, NASDAQ:BIGC is in a personal buy zone.
Targets:
$8.00
$9.00
$10.00
$11.00