Shopify Announces Third-Quarter 2018 Financial Results
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Roth Capital Reiterates Buy on Shopify (SHOP) Following 3Q
October 26, 2018 9:35 AM EDTRoth Capital analyst, Darren Aftahi, reiterated a Buy rating and $180.00 price target on Shopify (NYSE: SHOP) following the company's 3Q earnings report. SHOP reported sales/non-GAAP operating income/ non-GAAP EPS of ~$270M/($3.6M)/$0.04, outperforming estimates of ~ $257M/($9.1M)/($0.02), and consensus. Topline outperformance came from both subscription... More
Shopify (SHOP) PT Raised to $190 at Rosenblatt
October 26, 2018 8:28 AM EDTRosenblatt analyst Mark Zgutowicz raised the price target on Shopify (NYSE: SHOP) to $190.00 (from $188.00) while maintaining a Buy rating.
The analyst commented, "While some concerns around new merchant growth and attrition have circulated the past couple of quarters, we... More
Shopify (SHOP) PT Raised to $159 at RBC Capital
October 26, 2018 7:36 AM EDTRBC Capital analyst Ross MacMillan raised the price target on Shopify (NYSE: SHOP) to $159.00 (from $157.00) while maintaining a Sector Perform rating.
... MoreShopify (SHOP) Tops Q3 EPS by 6c, Revenues Beat; Offers FY18 Revenue Outlook Above Consensus
October 25, 2018 7:03 AM EDTShopify (NYSE: SHOP) reported Q3 EPS of $0.04, $0.06 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $270.1 million versus the consensus estimate of $256.85 million.
Solid execution and continued rapid growth drove our strong results in the third quarter, stated Amy Shapero,... More
