Shopify (SHOP) Tops Q1 EPS by 9c, Revenues Beat; Guides Revenues Above the Street

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Go back to Shopify (SHOP) Tops Q1 EPS by 9c, Revenues Beat; Guides Revenues Above the Street

Shopify (SHOP) PT Raised to $152 at Roth Capital Following 1Q

May 2, 2018 6:53 AM EDT

Roth 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 EDT

Canaccord 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