Morgan Stanley has revised its price target for BigCommerce (BIGC, Financial), bringing it down from $8 to $7. Despite the downward adjustment, the firm maintains an Equal Weight rating on the shares. This decision is part of a broader reassessment of risk and reward profiles for a wide array of software companies. The review is driven by uncertainties surrounding tariff risks, as Morgan Stanley evaluates how these factors have already been factored into current share prices.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 9 analysts, the average target price for BigCommerce Holdings Inc (BIGC, Financial) is $8.06 with a high estimate of $11.00 and a low estimate of $5.00. The average target implies an upside of 57.34% from the current price of $5.12. More detailed estimate data can be found on the BigCommerce Holdings Inc (BIGC) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, BigCommerce Holdings Inc's (BIGC, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for BigCommerce Holdings Inc (BIGC, Financial) in one year is $10.23, suggesting a upside of 99.8% from the current price of $5.12. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the BigCommerce Holdings Inc (BIGC) Summary page.
