Launch of Headless Ecommerce: Commerce has introduced a headless ecommerce experience on the BigCommerce platform for Metrolinx, enhancing product management and customer journey.
Enhanced Security Features: The new platform meets PCI DSS 4.0 standards with advanced security measures including multi-factor authentication and secure payment processing through Stripe.
Scalability and Performance Improvements: BigCommerce's cloud infrastructure supports high traffic and large catalogs, while EPAM implemented strategies to further enhance performance.
Seamless Integration and Multi-Channel Selling: The project utilizes extensive APIs for integration with external systems and supports multi-channel selling, improving operational efficiency and customer experience.
Wall Street analysts forecast CMRC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMRC is 7.00 USD with a low forecast of 3.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast CMRC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMRC is 7.00 USD with a low forecast of 3.00 USD and a high forecast of 11.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
2 Hold
2 Sell
Hold
Current: 3.370
Low
3.00
Averages
7.00
High
11.00
Current: 3.370
Low
3.00
Averages
7.00
High
11.00
Morgan Stanley
Josh Baer
Equal Weight -> Underweight
downgrade
$4
2026-01-20
Reason
Morgan Stanley
Josh Baer
Price Target
$4
AI Analysis
2026-01-20
downgrade
Equal Weight -> Underweight
Reason
Morgan Stanley analyst Josh Baer downgraded Commerce.com to Underweight from Equal Weight with a price target of $4, down from $6.50. The firm says leading indicators indicate the company is a "share donor with ongoing execution issues." The company's rebrand in the summer of 2025 appears to be largely a messaging reset with limited evidence of a changing product strategy, the analyst tells investors in a research note. Morgan Stanley cites weakening fundamentals and a lack of visibility into a growth recovery for the downgrade.
Morgan Stanley
Josh Baer
Equal Weight
downgrade
$7
2025-11-07
Reason
Morgan Stanley
Josh Baer
Price Target
$7
2025-11-07
downgrade
Equal Weight
Reason
Morgan Stanley analyst Josh Baer lowered the firm's price target on Commerce.com to $6.50 from $7 and keeps an Equal Weight rating on the shares. Better margins are taking a back seat to weaker growth, and the step backward in Q3 keeps the firm more cautious, the analyst tells investors in a research note.
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Barclays
Underweight
downgrade
$6 -> $5
2025-10-21
Reason
Barclays
Price Target
$6 -> $5
2025-10-21
downgrade
Underweight
Reason
Barclays lowered the firm's price target on Commerce.com to $5 from $6 and keeps an Underweight rating on the shares as part of a Q3 preview for the software group. The firm expects solid Q3 earnings, noting its channel checks "looked ok, but not stellar."
About CMRC
Commerce.com, Inc., formerly BigCommerce Holdings, Inc., is a provider of an intelligent, composable ecommerce infrastructure that empowers businesses to innovate and grow in the era of artificial intelligent (AI)-driven, agentic commerce. The Company’s software-as-a-service platform serves as the connection for modern digital commerce, enabling merchants to orchestrate personalized shopping experiences across both owned and third-party channels. Its unified platform is anchored by three core products: BigCommerce, flexible and open commerce engine; Feedonomics, AI-powered product data optimization and syndication platform; and Makeswift, next-generation visual editor for storefront and content experiences. These products enable merchants to centralize product data, power dynamic shopping experiences, and optimize visibility across discovery and buying channels, including emerging agentic surfaces.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
