CMRC
Commerce.com, Inc.
NasdaqGMUSDEQUITY
Technology
DELAYED
Last price
2.22
▼ 0.03 (1.33%)
MARKET · —
Price
Open
2.26
Prev close
2.25
Day high
2.29
Day low
2.16
Volume
608.58K
Market cap
$183.95M
P/E (TTM)
—
52W range
1.95 – 5.55
Trailing performance
Returnvs SPY
1W
+1.37%
+2.7%
1M
-14.78%
-18.5%
3M
-25.00%
-28.1%
6M
-26.49%
-37.6%
YTD
-46.12%
-58.4%
1Y
-50.45%
-70.4%
3Y
-79.41%
-153.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$183.95M
Enterprise value$192.13M
Revenue (TTM)$346.90M
Gross profit$267.70M
EBITDA$21.32M
Net income$-5.78M
EPS (TTM)$-0.07
Free cash flow$28.79M
Total cash$156.32M
Total debt$164.51M
Book value / share$0.62
Shares outstanding82.86M
Float64.63M
Short % of float8.80%
Dividend yield—
Beta (5Y)1.15
Valuation & profitability ratios
Trailing P/E—
Forward P/E7.14
PEG ratio—
Price / sales—
Price / book3.56
EV / revenue0.55
EV / EBITDA9.01
Gross margin77.17%
Operating margin3.21%
Profit margin-1.66%
Return on equity-12.78%
Return on assets1.97%
Debt / equity318.64
Current ratio2.03
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $342.35M | $332.93M | $309.39M | $279.07M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | -$19.34M | -$27.03M | -$64.67M | -$139.92M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | -$19.34M | -$27.03M | -$64.67M | -$139.92M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.04 | 0.08 | +100.0% |
| Mar 2026 | 0.11 | 0.13 | +21.3% |
| Dec 2025 | 0.07 | 0.07 | +1.5% |
| Sep 2025 | 0.02 | 0.08 | +278.4% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.04 | 7 | $83.49M | -2.9% |
| Next quarter | 0.05 | 7 | $84.74M | -5.3% |
| Current year | 0.30 | 7 | $339.59M | -0.8% |
| Next year | 0.31 | 7 | $346.00M | +1.9% |
Analyst targets & ownership
Mean target$4.00
High target$7.50
Low target$2.00
Implied upside80.18%
Analyst count5
ConsensusHOLD
Strong buy / Buy1 / 0
Hold5
Sell / Strong sell0 / 1
Held by insiders9.32%
Held by institutions75.78%
Institutions holding206
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+1.13M
Net buying
Buy transactions
15
1.14M shares
Sell transactions
2
8.38K shares
Net transactions
+17
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
7.72M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 13, 26 | CLARKE DONALD E. Director |
STOCK | 5.16K | $0 | Direct |
| Aug 13, 26 | KAMATH ANIL Director |
STOCK | 3.84K | $0 | Direct |
| Aug 13, 26 | GILLIGAN SARAH Director |
STOCK | 4.04K | $0 | Direct |
| Jul 1, 26 | LENTZ DANIEL Chief Operating Officer |
SELL | 1.54K | $4.57K | Direct |
| May 26, 26 | LENTZ DANIEL Chief Operating Officer |
SELL | 6.84K | $19.89K | Direct |
| May 14, 26 | CLARKE DONALD E. Director |
STOCK | 69.58K | $0 | Direct |
| May 14, 26 | KAMATH ANIL Director |
STOCK | 68.17K | $0 | Direct |
| May 14, 26 | MALHOTRA SATISH Director |
STOCK | 64.06K | $0 | Direct |
| May 14, 26 | GILLIGAN SARAH Director |
STOCK | 68.39K | $0 | Direct |
| Mar 3, 26 | HESS CHRISTOPHER TRAVIS Chief Executive Officer |
STOCK | 458.47K | $0 | Direct |
| Mar 3, 26 | CASSIDY CHARLES D General Counsel |
STOCK | 79.61K | $0 | Direct |
| Mar 3, 26 | BAN HUBERT S Officer |
STOCK | 36.90K | $0 | Direct |
| Mar 3, 26 | LENTZ DANIEL Chief Operating Officer |
STOCK | 266.58K | $0 | Direct |
| Feb 25, 26 | CLARKE DONALD E. Director |
STOCK | 4.66K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
CASSIDY CHARLES D |
General Counsel | 168.87K | Stock Award(Grant) |
CLARKE DONALD E. |
Director | 355.25K | Stock Award(Grant) |
DHATT BRIAN SINGH |
Chief Technology Officer | 278.46K | Stock Award(Grant) |
GILLIGAN SARAH |
Director | 191.31K | Stock Award(Grant) |
HESS CHRISTOPHER TRAVIS |
Chief Executive Officer | 925.81K | Stock Award(Grant) |
KAMATH ANIL |
Director | 151.46K | Stock Award(Grant) |
KLEIN RUSSELL SCOTT |
Officer | 444.00K | Sale |
LENTZ DANIEL |
Chief Operating Officer | 475.26K | Sale |
MALHOTRA SATISH |
Director | 182.00K | Stock Award(Grant) |
SIMINOFF ELLEN F |
Officer and Director | — | Purchase |
Moving averages & technicals
SMA 10
2.17
+2.40% from price
SMA 20
2.58
-14.10% from price
SMA 50
2.78
-20.27% from price
SMA 100
2.83
-21.67% from price
SMA 200
3.26
-31.83% from price
EMA 12
2.31
-3.82% from price
EMA 26
2.53
-12.21% from price
EMA 50
2.69
-17.48% from price
RSI (14)
39.5
Neutral
MACD (12,26,9)
-0.22
Hist -0.03
ATR (14)
0.25
11.15% of price
Realised vol 30D
129.1%
Annualised
Bollinger upper
3.59
20, 2σ
Bollinger lower
1.58
20, 2σ
50 / 200 cross
Death
2.78 vs 3.26
Trend bias
Below 200
-31.83%
Risk profile
Beta vs SPY
1.14
More volatile than market
Correlation to SPY
0.21
Largely independent
Realised vol 30D
129.1%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-62.6%
Peak to trough
Max drawdown 5Y
-96.7%
Peak to trough
ATR 14
0.25
11.15% of price
Beta (reported)
1.15
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
0.00
Positioning, not flow
Max pain
2.50
+12.6% from spot
ATM implied vol
70.3%
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
2
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
2.50
54 contracts
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
2 Value Stocks to Consider Right Now and 1 We Brush Off
StockStory · 6d ago
The 5 Most Interesting Analyst Questions From Commerce’s Q2 Earnings Call
StockStory · 8d ago
BigCommerce Eyes AI Discovery, B2B Growth as Near-Term B2C Bookings Lag
MarketBeat · 8d ago
Shopify is Overvalued at 11.24X P/S: Buy, Sell or Hold the Stock?
Zacks · 9d ago
Commerce.com (CMRC) Is Down 33.4% After Cutting 2026 Revenue Outlook While Turning a Profit
Simply Wall St. · 11d ago
Commerce.com (CMRC) Stock Sees Fair Value Cut After Lower Revenue Guidance
Simply Wall St. · 12d ago
CMRC Q2 Deep Dive: Strategic Refocus and Cautious Outlook Shape Commerce’s Path Forward
StockStory · 13d ago
Is Commerce.com (CMRC) Undervalued Following Its Guidance Cut And Q2 Earnings?
Simply Wall St. · 13d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.