{
  "id": 16504475,
  "title": "Oppenheimer sees web, commerce software Q3 backdrop improving, AI worries linger",
  "url": "https://urgent.news/2026/10/25/oppenheimer-sees-web-commerce-software-q3-backdrop-improving-ai",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-25T17:48:15.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/oppenheimer-sees-web-commerce-software-q3-backdrop-improving-ai-worries-linger-4971234"
  },
  "original_language": "en",
  "account": "Investing.com reports that interest in web and e-commerce software companies has been on the rise ahead of their third-quarter results. However, concerns persist that artificial intelligence could negatively impact their businesses, according to Oppenheimer. The brokerage attributes this to a broader recent uptick in software, and suggests that interest in commerce software is expected to remain subdued until business results stabilize or improve.\n\nShopify is anticipated to deliver revenue growth between 2 and 3 percentage points above Wall Street's forecast of 31.6% for the third quarter. This optimism is based on strong consumer demand, according to Oppenheimer's discussions with buy-side firms. They also anticipate gross merchandise volume growth of around 32% to 33%, along with a free cash flow margin above 20% after stronger-than-expected second-quarter results. Oppenheimer has raised their price target on Shopify to $205 from $175.\n\nWix.com is projected to see bookings and revenue growth in line with forecasts of 10% and 12%, respectively. However, the brokerage warns that weaker demand from smaller designers and partners, as activity shifts towards AI tools like Base44, could delay a return to faster growth. Operating profit and free cash flow margins are expected to be 13% and 16%, respectively, following a workforce reduction of about 20% that was finalized in June.\n\nGoDaddy is expected to report third-quarter bookings growth of 5.0%, aligning with forecasts, and revenue slightly above the forecast by 0.5 percentage point, with higher EBITDA than anticipated. While management has adjusted second-half growth in its A&C business to high single digits, it remains higher than the 10.4% forecast due to the company's efforts to direct customers to its Airo product to mitigate AI disruption. The company's shares have been supported, in part, by a Financial Times report in late September that GoDaddy received a takeover offer from Gen Digital, as per Oppenheimer.\n\nCommerce.com is forecast to report revenue in line with the $83.5 million estimate, with operating profit potentially $2 million to $3 million higher after a workforce reduction. The company has reduced its full-year revenue outlook midpoint by $18 million in the second quarter, citing a more cautious view of second-half new account bookings and softer B2C replatforming. Management has refuted that the restructuring indicates weaker demand, targeting annualized savings of $60 million to $80 million.",
  "summary": null,
  "key_points": [
    "Interest in web and e-commerce software firms rises ahead of Q3 results",
    "AI concerns persist despite optimism for Shopify and Wix.com",
    "GoDaddy adjusts growth expectations due to AI disruption mitigation"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}