CMRC
Commerce.com, Inc.

Commerce.com, Inc.CMRC

Technology · Software - Application
3.26USD
+3.49%
Sep 28, 2026
CMRC overview ready
Commerce.com is a SaaS commerce-platform provider.
Narrative not measured
AI-Native Commerce TransformationAgentic Commerce Data, Discovery and Transaction EnablementEnabling supplier
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of daily reclaim.
Attractive valuation
Current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Slower revenue growth with only 0.1% YoY increase.
Market Sep 25Filing Jun 30Price action Sep 27Research Sep 15

Conviction Level

NarrativeHeat—ThemeHeat7.2PriceAction9.7Valuation8.3CompanyPosition7.3
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of daily reclaim.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$270.1M
Avg Volume (60D)
1.3M
60 sessions
Revenue Growth YoY
+2.8%
FY2025 vs FY2024
Gross Margin
+77.2%
Trailing twelve months
Operating Margin
+0.4%
Trailing twelve months
Free Cash Flow Yield
+7.2%
Distance from 200DMA
+7.0%
Next Earnings
2026-11-09
P/E
N/M
EV / EBITDA
83.9x
EV / Sales
0.8x
Market metrics as of Sep 25, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

All three valuation perspectives agree this company is cheap.
Commerce.com, Inc. has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.

Company Research

Thesis
Commerce.com is a SaaS commerce-platform provider. BigCommerce supplies storefront, catalog, cart, checkout and order-management capabilities; Feedonomics structures, enriches and syndicates merchant product data; and Makeswift supports digital-experience creation.
Opportunity
Moderate opportunity
Merchant technology spending to make product data, storefronts, checkout, and order workflows usable across AI-led discovery and agent-mediated purchasing channels.
Key risk
Slower revenue growth with only 0.1% YoY increase.

Narrative & Theme

AI-Native Commerce Transformation
Part of Agentic Commerce Data, Discovery and Transaction Enablement, with moderate fit.
CMRC has a real, direct product-level connection to agentic commerce rather than merely generic AI adjacency: Feedonomics prepares and distributes merchant catalog data to AI-driven discovery surfaces, while BigCommerce provides the transaction and checkout layer.
Narrative HeatUnavailable
Theme HeatHeating up7.2 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Application
What they do

Commerce.com provides an AI-driven commerce ecosystem through a software-as-a-service platform that enables merchants to manage digital commerce experiences across owned and third-party channels internationally.

How it earns

The company generates revenue primarily through subscription-based SaaS offerings.

Products & services
BigCommerce
Feedonomics
Customers & end markets
Business-to-business (B2B)
Business-to-consumer (B2C)
Small businesses (SB)
Market position

Commerce.com operates as a challenger in the digital commerce software space with a focus on AI-enabled platforms.

Demand drivers
Medium cyclicality

Demand for digital commerce solutions can fluctuate with broader economic conditions affecting retail and business spending.