ChannelAdvisor Corporation, together with its subsidiaries, provides software-as-a-service (SaaS) solutions in the United States and internationally. The company's SaaS is a cloud platform that helps brands and retailers to improve their online performance by expanding sales channels, connecting with consumers, optimizing their operations for peak performance, and providing actionable analytics to improve competitiveness. Its suite of solutions includes various platform modules, including Marketplaces module that connects customers to third-party marketplaces; First-party Dropship module, which allows brands and distributors to manage purchase orders, shipment notifications, stock quantities, and invoices for multiple retail dropship partners; Digital Marketing module that connects customers to compare shopping websites that allow customers to advertise products on search engines; Shoppable Media module that allows brands to provide web visitors or digital campaign audiences with path to purchase using dynamic links to the product pages or carts of retailers with the products in-stock; and Brand Analytics module, which helps brands for e-commerce channels with actionable insights into how products are performing across thousands of retailer websites and marketplaces. Its customers include online businesses of brands and retailers, as well as advertising agencies that use its solutions on behalf of their clients. ChannelAdvisor Corporation was incorporated in 2001 and is headquartered in Morrisville, North Carolina.
IPO Year: 2013
Exchange: NYSE
Website: channeladvisor.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/20/2021 | $31.00 → $35.00 | Buy | Needham |
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
4 - CHANNELADVISOR CORP (0001169652) (Issuer)
Needham reiterated coverage of ChannelAdvisor with a rating of Buy and set a new price target of $35.00 from $31.00 previously
B. Riley reiterated coverage of ChannelAdvisor with a rating of and set a new price target of $30.00 from $24.50 previously
RESEARCH TRIANGLE PARK, N.C., Nov. 07, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today reported financial results for the quarter and nine months ended September 30, 2022. Third Quarter 2022 Highlights GAAP Total revenue was $43.5 million, which was within the guidance range announced in August 2022. However, revenue was negatively impacted by foreign currency exchange rate fluctuations during the quarter and year to date. If exchange rates had remained the same as were in effect for the previous quarter, which was the basis for the August guidance, to
Latest Integrations Allow Brands to Engage with Customers Across More than 360 Selling and Marketing Channels Research Triangle Park, N.C., Oct. 18, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced new integrations and platform capabilities to help sellers accelerate their time to market and meet new sources of consumer demand. With these new channel integrations, ChannelAdvisor now supports over 360 marketplaces and retail sites globally, enabling brands and retailers to reach new audiences while expanding their selling footprint.
LAS VEGAS, NV, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Auto Parts 4Less Group, Inc. (OTCQB:FLES) ("Company", "FLES") owner of AutoParts4Less.com, an automotive parts only marketplace, today announced they have completed their technical integration with ChannelAdvisor (NYSE:ECOM), a leading provider of cloud-based eCommerce solutions. ChannelAdvisor provides automotive parts sellers with an industry-leading solution to manage product data across multiple marketplaces. Their solution helps: Eliminate the tedious process of uploading descriptions and requirements of automotive parts inventories to multiple marketplaces.Update inventories on a marketplace to avoid overselling.Manage large online p
A survey of US and EMEA consumers found that Amazon has become the top channel for research RESEARCH TRIANGLE PARK, N.C., Sept. 21, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions, today released the results of its 2022 E-Commerce Consumer Survey, which gauged the shopping behaviors of over 5,000 respondents in U.S., Europe, and Australia. The global survey results offer brands and retailers actionable insights into the current perspectives of online shoppers. Survey participants shared their preferences for o
Industry peers recognize ChannelAdvisor's work to deliver successful campaigns with Google Ads, driving awareness and sales for their customers RESEARCH TRIANGLE PARK, N.C., Sept. 14, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, announced today it is a finalist in two categories, Brand Awareness and Online Sales, for the distinguished Google Premier Partner Awards. This recognition marks the third time that ChannelAdvisor has been named a finalist for these awards.
LATHAM, N.Y. and RESEARCH TRIANGLE PARK, N.C., Sept. 6, 2022 /PRNewswire/ -- CommerceHub, an industry-leading commerce network connecting supply, demand and delivery for the world's leading retailers and brands, and ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced they have entered into a definitive agreement for CommerceHub to acquire the outstanding shares of ChannelAdvisor in a transaction led by global software investor and current shareholder of CommerceHub, Insight Partners. Under the terms of the agreement, ChannelAdvisor stockholders will receive $23.10 per share i
One of the leading multichannel commerce platform recognized as an advanced partner, reinforcing its commitment to advertising and strengthening its long-standing relationship with Amazon Ads RESEARCH TRIANGLE PARK, N.C., Aug. 23, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based online retail solutions, today announced it has earned advanced partner status within the Amazon Ads Partner Network, a global community of agencies and technology providers that help advertisers achieve their business goals using Amazon Ads products. Amazo
Leading multichannel commerce platform now offers integration access to Singapore-based marketplace RESEARCH TRIANGLE PARK, N.C., Aug. 10, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions, today announced its integration with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan that offers an easy, secure and engaging experience that is enjoyed by millions of people daily. Shopee enables businesses to digitalise and grow their online presence, helping more people access and benefit from digital services. Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company.
Brands revenue increased 20% year-over-year Brands subscription revenue increased 27% year-over-year Adjusted EBITDA exceeds guidance Repurchased $25 million of common stock RESEARCH TRIANGLE PARK, N.C., Aug. 09, 2022 (GLOBE NEWSWIRE) -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today reported financial results for the quarter and six months ended June 30, 2022. Second Quarter 2022 HighlightsGAAP Total revenue of $42.8 million was above the midpoint of the guidance rangeSubscription revenue increased 13% year-over-year, or 16% excluding the unfavorable impact from year-over
RESEARCH TRIANGLE PARK, N.C., Aug. 1, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, today announced the appointment of Darren Fifield as Managing Director, APAC. Fifield will lead regional business strategy development, cultivate successful and valuable relationships with longstanding clients and expand customer acquisition and growth. Fifield has more than 30 years of experience managing sales teams and customer accounts, including more than 15 year