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SHOP News and Press, Shopify Inc. Class A Subordinate From 05/23/24

Stock Information

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

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SHOP - Shopify: Falling Hard, Look Out Below (Technical Analysis)

2024-05-23 14:29:34 ET Summary Shopify's Q1 results beat expectations with adjusted earnings of $0.20 per share and revenues of $1.86 billion. However, the stock is trading under significant selling pressure, and we see a variety of technical signals that could point toward a sign...

SHOP - Meta CEO Zuckerberg unveils new group focusing on AI, products: report

2024-05-22 13:00:07 ET More on Meta Platforms Meta's Advantage Over Google And Amazon Meta: The Market Is Wrong About AI CapEx Meta Q1: Capex Spend Is Actually Good Meta faces EU probe for child safety violations under Digital Services Act David Teppe...

SHOP - Goldman upgrades Shopify to Buy as marketing investment about to pay off

2024-05-22 08:45:57 ET Shopify’s ( NYSE: SHOP ) investment in marketing is about to pay off and drive revenue growth tailwinds in 2025, Goldman Sachs says, adding that the 23% YTD decline in shares presents an attractive entry point to own the “leading software platfor...

SHOP - SHOP Price Target Alert: $74.00. Issued by Goldman Sachs

2024-05-22 06:00:11 ET Gabriela Borges from Goldman Sachs issued a price target of $74.00 for SHOP on 2024-05-22 03:14:00. The adjusted price target was set to $74.00. At the time of the announcement, SHOP was trading at $57.02. The overall price target consensus is at $...

SHOP - eBay: Forgotten Online Retail Gem, Approaching 10-Year Low Valuation

2024-05-21 05:07:35 ET Summary eBay is trading just above November's lowest valuation in a decade, using enterprise value calculations. A liquid balance sheet with $10 billion in cash and investments vs. $15 billion in total liabilities provides plenty of flexibility to achieve fu...

SHOP - Shopify: The Powerhouse Of Next-Generation Commerce

2024-05-20 12:22:44 ET Summary Shopify Inc.'s steep post-earnings selloff highlighted its underperformance among peers in the latest earnings season. Despite its otherwise strong outlook, the stock was punished for higher opex spend expectations and a weaker-than-expected price in...

SHOP - April Retail Sales Down And Stocks Sold Off, I See Opportunities

2024-05-19 23:14:35 ET Summary CPI data for April came in lower than expected, Retail came in cooler as well, causing a sell-off in consumer-discretionary stocks. Stocks focused on services, particularly travel and entertainment, have potential to recover from recent losses. O...

SHOP - 1 Growth Stock Down 65%: Is It a Once-in-a-Generation Investment Right Now?

2024-05-19 12:05:00 ET With the Nasdaq Composite Index in record territory, you might be thinking that most stocks are also near their all-time highs. But this just isn't the case. Take Shopify (NYSE: SHOP) . As of May 15, the leading e-commerce platfor...

SHOP - Apple's 27% App Store Fee criticized by judge

2024-05-18 07:47:28 ET More on Apple Apple: Here's My Price Target And WWDC Strategy Apple May Have 'Jumped The Shark' In Q2 - Here's A Put Option Opportunity Apple: Preparing For A Future-Defining WWDC Apple believes slim is in as it develops thinner iPhone:...

SHOP - Is It Time to Sell Etsy? Here Are 2 Better Stocks to Buy Now

2024-05-18 04:11:00 ET In this video, Motley Fool contributors Jason Hall and Jeff Santoro break down why it might be time to move on from Etsy (NASDAQ: ETSY) and offer up two stocks they think are better buys right now, Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) ...

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