Shopify Announces Second-Quarter 2016 Financial Results

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Shopify (SHOP) PT Raised to $40 at Baird; Top SMID-Cap Idea

August 3, 2016 3:44 PM EDT

Baird analyst Colin Sebastian reiterated an Outperform rating and lifted his price target on Shopify (NYSE: SHOP) to $40.00 (from $34.00) following strong Q2 results. The stock remains a top SMID-cap idea.

Baird commented, "Shopify beat consensus expectations across all key top- and bottom-line metrics,... More

Shopify (SHOP) Tops Q2 EPS by 4c; Guides Revs Above the Street

August 3, 2016 7:07 AM EDT

Shopify (NYSE: SHOP) reported Q2 EPS of ($0.04), $0.04 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $86.36 million versus the consensus estimate of $80.62 million.

Todays entrepreneurs are tomorrows multi-million dollar businesses, and that many use Shopify to get there is the... More