Stocks · Technology · Software - Application
Commerce.com, Inc. CMRC
$3.25 +0.31% Close, Oct 2, 2026 · NASDAQ · Market cap $268.2M
High risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 0.7% from -8.6% a year earlier.
- Net debt is 6.4× EBITDA, a high level of leverage.
- Over the past year the stock returned -33.7%, behind the S&P 500 by 48.7 percentage points.
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 24%
- FCF growth (TTM, YoY)Bottom 23%
- Revenue growth, 3-year CAGRTop 49%
- Revenue growth accelerationBottom 33%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 43%
- Gross marginTop 17%
- Operating marginBottom 39%
- Accruals (lower is better)Top 27%
- Net debt / EBITDA (lower is better)Bottom 5%
- Interest coverBottom 35%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 28%
- Free-cash-flow yieldTop 18%
- EBITDA / enterprise valueTop 39%
- Sales / enterprise valueTop 15%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 9%
- 6-month returnBottom 46%
- 1-year return vs S&P 500Bottom 22%
- Distance from 52-week highBottom 32%
- Trend checklist (0–4)Top 44%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 4%
- Consecutive EPS beatsBottom 44%
- Share of analysts rating BuyBottom 2%
- Upside to consensus price targetTop 44%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 8%
- Maximum drawdown, 3 yearsBottom 16%
- Beta vs S&P 500 (lower is better)Top 36%
- Net debt / EBITDA (lower is better)Bottom 5%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 3.5% | 2.8% | ↓ |
| Gross margin | 78.1% | 76.7% | ↓ |
| Operating margin | -8.6% | 0.7% | ↑ |
| FCF margin | 7.4% | 6.2% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 2.8% | 3.5% | ↓ | Bottom 24% |
| Gross margin | 76.7% | 78.1% | ↓ | Top 17% |
| Operating margin | 0.7% | -8.6% | ↑ | Bottom 39% |
| Net margin | -1.7% | -5.4% | ↑ | — |
| Free-cash-flow margin | 6.2% | 7.4% | ↓ | — |
| Return on invested capital | 1.1% | — | Bottom 43% | |
| Revenue growth, 3-year CAGR | 7.0% | — | Top 49% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -13.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 5.5%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -3.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.44×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.2×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.08%
- Shareholder yield
- 0.08%
- Share count change, 1 year
- +5.0%
- Share count change, 3-year CAGR
- +3.4%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- -1.7%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $4.25
- Target vs current price
- +30.8%
- Analysts with a rating
- 21
- Share rating Buy or Strong Buy
- 19%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +88.1% | -32.0% | -36.7% | -27.3% | — |
| May 7, 2026 | +18.2% | +23.6% | -3.8% | -1.0% | +10.1% |
| Feb 12, 2026 | +0.0% | -10.2% | +7.3% | +1.8% | +13.1% |
| Nov 6, 2025 | +700.0% | +0.6% | +18.0% | +0.6% | -36.2% |
| Jul 31, 2025 | +33.3% | +0.0% | -5.4% | -1.3% | +3.3% |
| May 8, 2025 | +16.7% | +0.8% | +2.7% | -1.5% | -8.1% |
| Feb 20, 2025 | +57.1% | -6.7% | +4.3% | -12.0% | -22.6% |
| Nov 7, 2024 | +172.7% | +10.2% | +12.5% | +32.3% | +13.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $0.08 | $0.04 | +88.1% | $84.5M |
| May 7, 2026 | $0.13 | $0.11 | +18.2% | $86.8M |
| Feb 12, 2026 | $0.07 | $0.07 | +0.0% | $89.5M |
| Nov 6, 2025 | $0.08 | $0.01 | +700.0% | $86.0M |
| Jul 31, 2025 | $0.04 | $0.03 | +33.3% | $84.4M |
| May 8, 2025 | $0.07 | $0.06 | +16.7% | $82.4M |
| Feb 20, 2025 | $0.11 | $0.07 | +57.1% | $87.0M |
| Nov 7, 2024 | $0.06 | $0.02 | +172.7% | $83.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (forward) | 10.2× | — | — | — |
| EV / EBITDA | 22.5× | — | — | Top 39% |
| EV / Sales | 1.08× | — | — | Top 15% |
| Free-cash-flow yield | 8.00% | — | — | Top 18% |
| Earnings yield | -2.13% | — | — | Bottom 28% |
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 17
- Days above the 200-day average
- 16
- 50-day average slope (20 days)
- +2.7%
- 200-day average slope (20 days)
- -4.2%
- Distance from 50-day average
- +16.2%
- Distance from 200-day average
- +7.9%
- RSI (14)
- 58.2
- Relative volume
- 0.59×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 107.8%
- Volatility vs own 5-year history
- 96th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.22
- Correlation with S&P 500
- 0.31
- Current drawdown from 1-year high
- -41.0%
- Maximum drawdown, 3 years
- -79.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Oct 14, 2020 | Aug 17, 2026 | -98.1% | 1465 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $268.2M
- EPS, diluted (TTM)
- -$0.07
- Revenue (TTM)
- $346.9M
- 52-week range
- $1.95 – $5.55
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $219.9M | $279.1M | $309.4M | $332.9M | $342.3M |
| Gross profit | $171.4M | $209.1M | $235.2M | $255.3M | $269.6M |
| Operating income | -$75.9M | -$140.6M | -$72.4M | -$41.7M | -$16.2M |
| Net income | -$76.7M | -$139.9M | -$64.7M | -$27.0M | -$19.3M |
| EPS (diluted) | -$1.08 | -$1.91 | -$0.86 | -$0.35 | -$0.24 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $83.7M | $87.0M | $82.4M | $84.4M | $86.0M | $89.5M | $86.8M | $84.5M |
| Net income | -$7.0M | -$2.4M | -$353,000 | -$8.4M | -$2.2M | -$8.4M | $3.7M | $1.1M |
| EPS (diluted) | -$0.09 | -$0.03 | -$0.00 | -$0.11 | -$0.03 | -$0.10 | $0.05 | $0.01 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$40.3M | -$89.4M | -$24.2M | $26.3M | $27.4M |
| Capital expenditure | -$3.3M | -$5.2M | -$4.2M | -$3.7M | -$8.6M |
| Free cash flow | -$43.6M | -$94.6M | -$28.4M | $22.5M | $18.8M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $5.9M | $209,000 | $3.8M | -$741,000 | $3.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $156.3M
- Total assets
- $324.8M
- Total liabilities
- $273.2M
- Total debt
- $164.5M
- Net debt
- $107.3M
- Shareholders’ equity
- $51.6M
As of Jun 30, 2026 (filed Aug 6, 2026).
Short interest
- Shares sold short
- 6,964,593
- Days to cover
- 4.55
- Change vs previous report
- +10.0%
FINRA short interest, settlement date Sep 15, 2026.