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
BIGC trade ideas
BIGC - JULY 24 MATrend Sustainable Momentum- D1 Price is top of a range
- Long wick bull rejection candle at market open
- Movement aligned to RUT (At point of entry)
MATrend Sustainable Momentum (Systematic) 🚀
This is a variant of the Unsustainable strategy. System identifies stocks (Tech sector) that follows the larger market regime's momentum of the day.
$BIGC LONG SHARES$BIGC beaten battered and abuised with supply chain issues coming at them left and right. Finally a breathe of fresh air on the weekly chart as we look for a potential bottom here.
From a fundamental point a 1.5B eval is a nice spot long term for this name so I will be entering a large share position Monday with a super tight stop of $3 per share while we look for a $20+ upside. 7+ R trade <3
Looking to grab a long position in BIGCI looking to buyzone of $51.31 to $53.54 for a longterm hold (12+ months). That zone has been tested before many times and their last offering was in that price zone. Also looks likes it's setting up in a wedge to breakout for a nice swing trade to $65-$70. Both are possible plays.
BIGC Long SwingHad bad volume, but price has a good fibonacci setup to target $86.
Upcoming earnings looks good and 2/3 of 3 indicators likes the setup.
Med Cap Stock with high levels of attention on it so if it does well getting inflows of over 1B isn't unreasonable.
Appears to be bouncing off trend highs as well if breakout we could get a big move.
Not Investment advice.