Commerce.com

CMRC · NASDAQ

$3.80+$0.32 (+9.20%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $3.48

CMRC analyst rating

HoldConsensus of 5 analysts over the last 12 months. 20% rate it a buy.

Strong buy0
Buy1
Hold2
Underperform2
Sell0

12-month price target · 7 analysts

Average $4.08 (+7.4% upside)

Low: $2.02
Now: $3.80
High: $7.88

Upgrades and downgrades

The latest rating actions, newest first

CMRC analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Barclays	Aug 11, 2026	Maintains	Underweight	$3.00 → $2.00	56%
Canaccord Genuity	Aug 7, 2026	Downgrade	Buy → Hold	$6.00 → $3.00	52%
UBS	Jul 21, 2026	Initiates	Neutral	$3.50	18%
Barclays	May 11, 2026	Maintains	Underweight	$2.00 → $3.00	56%
Needham	Apr 30, 2026	Maintains	Buy	$7.50	38%
Needham	Apr 8, 2026	Maintains	Buy	$10.00 → $7.50	38%
Barclays	Feb 17, 2026	Maintains	Underweight	$3.00 → $2.00	56%
Canaccord Genuity	Feb 13, 2026	Maintains	Buy	$11.00 → $6.00	52%
Morgan Stanley	Jan 20, 2026	Downgrade	Equal-Weight → Underweight	$6.50 → $4.00	48%
Barclays	Jan 12, 2026	Maintains	Underweight	$5.00 → $3.00	56%

The case for and against

Updated Sep 30, 2026

Bull case

Commerce.com is leading the way in the e-commerce industry with its innovative Software-as-a-Service platform, catering to both traditional online stores and connections to various online marketplaces, social networks, and offline systems. The company's focus on Agentic use through new innovations such as Payments, B2B Commerce, and Agentic Catalog Exports, showcases its commitment to staying ahead of the curve and providing the best user experience. With plans to create new pricing and packaging options, and the potential for a merger with Rezolve AI, Commerce.com's strong fundamentals and potential for growth make it a promising investment opportunity with a low customer retention risk.

Bear case

Commerce.com is facing slowing revenue growth and a declining stock price, despite recent innovations such as Makeswift on Stencil and Automated Migrations. The company has also struggled with monetization of its annual GMV growth in the double digits, leading to concerns about its financial performance. A recent hostile takeover bid from Rezolve AI, offering a 1 for 2 share swap, implies a significant undervaluation of the company and suggests that further offers would need to be closer to $5/share to be seriously considered.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.