Shopify Announces First-Quarter 2018 Financial Results
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Shopify (SHOP) PT Raised to $152 at Roth Capital Following 1Q
May 2, 2018 6:53 AM EDTRoth Capital raised its price target on Shopify (NYSE: SHOP) to $152.00 (from $151.00) while maintaining a Buy rating following the company's 1Q earnings report. SHOPs reported sales/non-GAAP operating income/non-GAAP EPS of ~$214.3M/($0.2M)/$0.04, again outperformed estimates of ~$201.5M/ ($7.7M)/($0.06). Topline outperformance came from... More
Buy the Dip in Shopify (SHOP) - Canaccord Genuity
May 1, 2018 12:45 PM EDTCanaccord Genuity analyst David Hynes sees "groundhogs" day for Shopify (NYSE: SHOP) following results and is telling clients to "buy the dip."
"Excellent growth, conservative guide, stock down. No worries here, a dip to BUY," the analsyt commented.
The firm... More
Shopify (SHOP) Tops Q1 EPS by 9c, Revenues Beat; Guides Revenues Above the Street
May 1, 2018 7:09 AM EDTShopify (NYSE: SHOP) reported Q1 EPS of $0.04, $0.09 better than the analyst estimate of ($0.05). Revenue for the quarter rose 68% to $214.3 million versus the consensus estimate of $202.23 million.
"Merchants love Shopify because it allows them to sell anywhere, anytime. It also helps... More
