- Shares of BigCommerce have fallen more than 15% since the company reported Q4 results.
- Results came ahead of Wall Street's expectations in Q4, but guided slightly below consensus for Q1.
- That being said, BigCommerce has been accelerating for several straight quarters, and it addresses a massive e-commerce platform TAM.
- A greater mix of revenue from enterprise clients and a buildup in ARR make BigCommerce even more appealing.
- Its ~5x forward revenue multiple is unheard of for a company with its growth rate.
For further details see:
BigCommerce: This Dip Is A Great Entry Point