Shopify Announces Fourth-Quarter and Full Year 2017 Financial Results

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Shopify (SHOP) PT Raised to $120 at DA Davidson

February 16, 2018 8:58 AM EST

DA Davidson raised its price target on Shopify (NYSE: SHOP) to $120.00 (from $110.00) while maintaining a Neutral rating.

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Shopify (SHOP) PT Raised to $155 at Canaccord Genuity

February 16, 2018 8:52 AM EST

Canaccord Genuity raised its price target on Shopify (NYSE: SHOP) to $155.00 (from $115.00) while maintaining a Buy rating following the company's 4Q earnings report. SHOP reported Q4/17 revenue of $222.8M, up 71% y-o-y and ahead of estimates by $14.8M. Shopify ended the quarter with 609K... More

Shopify (SHOP) PT Raised to $136 at Stephens Following 4Q Report

February 16, 2018 7:06 AM EST

Stephens raised its price target on Shopify (NYSE: SHOP) to $136.00 (from $108.00) while maintaining a Equal Weight rating following the company's 4Q. Shopify reported revenue of $222.8 mil and non-GAAP EPS of $0.15, beating consensus of $210.0 mil and $0.05.

Stephens raised 1Q revenue estimate from $203.5 mil to... More

Shopify (SHOP) PT Raised to $155 at Wedbush

February 16, 2018 6:53 AM EST

Wedbush raised its price target on Shopify (NYSE: SHOP) to $155.00 (from $140.00) while maintaining a Outperform rating.

Analyst Aaron Turner commented, "We remain bullish on shares of Shopify after yet another quarter of a solid topline beat and FY18 revenue guidance above consensus. We... More

Shopify (SHOP) PT Raised to $158 at Baird; 'Plenty of Meat on the Growth Bone'

February 16, 2018 6:42 AM EST

Baird raised its price target on Shopify (NYSE: SHOP) to $158.00 (from $110.00) while maintaining a Outperform rating.

Analsyt Colin Sebastian commented, "Shopify reported another quarter of significant top-line outperformance driven primarily by rapid net new merchant growth. Importantly, the company continues to see significant... More

Shopify (SHOP) PT Raised to $155 at Piper Jaffray; 'Strength in Merchant Growth and Monetization'

February 15, 2018 3:59 PM EST

Piper Jaffray raised its price target on Shopify (NYSE: SHOP) to $155.00 (from $110.00) while maintaining a Overweight rating.

Analyst Sam Kemp note 'Strength in Merchant Growth and Monetization; Doubling Down on Plus & Int'l'

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Shopify (SHOP) PT Raised to $155 at Canaccord Genuity; Conservative Guide

February 15, 2018 3:43 PM EST

Canaccord Genuity raised its price target on Shopify (NYSE: SHOP) to $155.00 (from $115.00) while maintaining a Buy rating.

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Shopify (SHOP) Tops Q4 EPS by 10c, Offers Guidance

February 15, 2018 7:03 AM EST

Shopify (NYSE: SHOP) reported Q4 EPS of $0.15, $0.10 better than the analyst estimate of $0.05. Revenue for the quarter came in at $222.8 million versus the consensus estimate of $209.28 million.

GUIDANCE:

Shopify sees FY2018 revenue of $970-990 million, versus the consensus of $956.9... More