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SHOP News and Press, Shopify Inc. Class A Subordinate From 05/08/24

Stock Information

Company Name: Shopify Inc. Class A Subordinate
Stock Symbol: SHOP
Market: NYSE
Website: shopify.com

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SHOP - Shopify Q1 results eclipsed by GAAP loss, margin shrinkage in Q2

2024-05-08 08:10:03 ET Shopify ( NYSE: SHOP ) shares are limping into Wednesday’s open as much as 17% in the red after the company’s latest quarterly results were overshadowed by a GAAP loss and expectations for a 50 basis point decline in its gross margin. ......

SHOP - Shopify stock (SHOP) gets a boost after strong Q1 earnings report

2024-05-08 07:31:07 ET Shopify stock (NYSE: SHOP) has received a boost following the release of strong first-quarter 2024 financial results . The SHOP stock had taken a beating in the pre-market hours, dropping by −12.61 (16.37%) from the previous market close of $77.37 to $6...

SHOP - Shopify Non-GAAP EPS of $0.20 beats by $0.03, revenue of $1.86B beats by $10M

2024-05-08 07:11:25 ET More on Shopify Shopify Q1 Preview: This Wall Street Darling Is Still Dead Money Shopify: Multiple Compression Should Matter In Coming Years Shopify: Inflection Point Likely Arrived As Fears Peaked (Rating Upgrade) Shopify Q1 earnings p...

SHOP - Expected US Company Earnings on Wednesday, May 8th, 2024

Apartment Investment and Management Company (AIV) is expected to report for Q1 2024 Shopify Inc. Class A Subordinate (SHOP) is expected to report $0.08 for Q1 2024 Beyond Meat Inc. (BYND) is expected to report $-0.68 for Q1 2024 Instructure Holdings Inc. (INST) is expected to report $...

SHOP - Shopify Announces First-Quarter 2024 Financial Results

Revenue up 23%, and up 29% Adjusting for the Sale of Our Logistics Businesses; Gross Profit up 33%; Free Cash Flow Margin Doubled Year Over Year to 12% Internet, Everywhere--(Newsfile Corp. - May 8, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for...

SHOP - SHOP Price Target Alert: $85.00. Issued by Truist Financial

2024-05-07 13:00:03 ET Terry Tillman from Truist Financial issued a price target of $85.00 for SHOP on 2024-05-07 10:58:00. The adjusted price target was set to $85.00. At the time of the announcement, SHOP was trading at $77.32. The overall price target consensus is at ...

SHOP - Shopify Q1 earnings preview: Focus on growth durability

2024-05-07 12:22:29 ET More on Shopify Shopify Q1 Preview: This Wall Street Darling Is Still Dead Money Shopify: Multiple Compression Should Matter In Coming Years Shopify: Inflection Point Likely Arrived As Fears Peaked (Rating Upgrade) Earnings week ahead: ...

SHOP - Is Shopify an Overlooked Artificial Intelligence (AI) Powerhouse?

2024-05-06 10:15:00 ET Artificial intelligence is on the rise, and many investors are looking for stocks that will capitalize on the trend. There are some software stocks with direct exposure, but perhaps the best place to look is where the benefits of AI aren't as easily recognized. Th...

SHOP - Shopify Q1 Preview: This Wall Street Darling Is Still Dead Money

2024-05-06 06:15:20 ET Summary On the back of a ~10% price decline, Shopify's long-term risk/reward has improved slightly over the last three months. SHOP stock appears to be priced for perfection (and more) going into its Q1 2024 report on Wednesday, May 8th, 2024. In today's...

SHOP - Shopify: Multiple Compression Should Matter In Coming Years

2024-05-05 21:34:56 ET Summary Shopify's fundamentals are improving on the back of a more focused strategy and platform features which strengthen the company's competitive positioning. Despite this, the combination of a high valuation and moderating growth creates an unfavorable s...

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