Needham Reiterates Buy Rating on Commerce.com (CMRC)

Needham analyst Scott Berg reiterated a Buy rating and $10.00 price target on Commerce.com (NASDAQ: CMRC)

The analyst comments "We attended Commerce's customer conference BigSummit yesterday where we came away impressed with several new Agentic enhancements focused on improving usability, simplifying data ingestion & integrations, and driving the right data into the Answer Engines to improve responses. In this new data driven Agentic world, we have found Feedonomics to be a hidden gem (but well-known in the industry) and competitive differentiator in its ability to properly syndicate data across any channel (including the Answer Engines) which has accelerated mgmt's significant brand awareness marketing push it believes is now in the 8th inning. Partner conversations suggest the new brand push is having a positive impact on deal flow which has us optimistic on additional revenue growth into FY26 which could prove shares to be very inexpensive today if accurate."

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