Shopify (SHOP) PT Raised to $212 at Rosenblatt

Shopify (SHOP) PT Raised to $173 at Morgan Stanley

February 13, 2019 8:33 AM EST

Morgan Stanley raised its price target on Shopify (NYSE: SHOP) to $173.00 (from $158.00) while maintaining a Equalweight rating.

... More

Shopify (SHOP) PT Rises To $200 At Roth Capital On International Opportunity

February 13, 2019 7:58 AM EST

Roth Capital analyst, Darren Aftahi, reiterated his Buy rating on shares of Shopify (NYSE: SHOP) and raised his price target to $200.00 from $180 after the company reported ~54% y/y revenue growth and Plus penetration improved to ~25%. FY19 sales guidance was in-line, with an emphasis on investment... More

Shopify's (SHOP) Conservative Guidance Is Only A Near Term Headwind, PT To $200 At Guggenheim

February 13, 2019 7:55 AM EST

Guggenheim analyst, Ken Wong, reiterated his Buy rating on shares of Shopify (NYSE: SHOP) and raised his price target to $200 from $180 after 4Q revenue ($343.9M) came in well above the upper end of guidance ($315-325M). The FY19 revenue outlook of... More

Shopify (SHOP) PT Raised to $180 at Raymond James

February 13, 2019 7:26 AM EST

Raymond James analyst Brian Peterson raised the price target on Shopify (NYSE: SHOP) to $180.00 (from $155.00) while maintaining a Outperform rating.

... More

Shopify (SHOP) PT Raised to $210 at DA Davidson

February 13, 2019 7:04 AM EST

DA Davidson analyst Thomas Forte raised the price target on Shopify (NYSE: SHOP) to $210.00 (from $150.00) while maintaining a Buy rating.

... More

UPDATE: RBC Capital Upgrades Shopify (SHOP) to Outperform

February 13, 2019 5:57 AM EST

(Updated - February 13, 2019 6:33 AM EST)

(updated to add analyst comments)

RBC Capital analyst Ross MacMillan upgraded Shopify (NYSE: SHOP) from Sector Perform to Outperform with a price target of $230.00 (from $180.00).

MacMillan said they expect a return to net new merchant growth... More

Shopify (SHOP) PT Raised to $155 at Barclays

February 13, 2019 4:41 AM EST

Barclays raised its price target on Shopify (NYSE: SHOP) to $155.00 (from $145.00) while maintaining a Equalweight rating.

... More

Shopify (SHOP) PT Raised to $197 at KeyBanc

February 13, 2019 4:17 AM EST

KeyBanc raised its price target on Shopify (NYSE: SHOP) to $197.00 (from $182.00) while maintaining a Overweight rating.

... More

Shopify (SHOP:CN) (SHOP) PT Raised to Cdn$264.US$204 at Macquarie

February 13, 2019 2:10 AM EST

Macquarie analyst Gus Papageorgiou raised the price target on Shopify (SHOP:CN) (NYSE: SHOP) to Cdn$264.00/US$204.00 (from Cdn$240.00/US$185.00) while maintaining a Outperform rating.

... More

Shopify (SHOP) PT Raised to $188 at Baird

February 12, 2019 1:58 PM EST

Baird analyst Colin Sebastian raised the price target on Shopify (NYSE: SHOP) to $188.00 (from $165.00) while maintaining a Outperform rating.

... More

Shopify (SHOP) PT Raised to $190 at Canaccord Genuity

February 12, 2019 12:47 PM EST

Canaccord Genuity raised its price target on Shopify (NYSE: SHOP) to $190.00 (from $165.00) while maintaining a Buy rating.

... More

Shopify (SHOP) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 & FY19 Revenue Guidance

February 12, 2019 7:08 AM EST

Shopify (NYSE: SHOP) reported Q4 EPS of $0.26, $0.06 better than the analyst estimate of $0.20. Revenue for the quarter came in at $343.9 million versus the consensus estimate of $327.63 million.

Fourth-Quarter Financial Highlights

Total revenue in the fourth quarter was $343.9 million, a 54% increase from the comparable quarter in 2017.Subscription Solutions revenue grew 42% to $133.6 million. This increase was driven primarily by growth in Monthly Recurring Revenue1 ("MRR"), driven primarily by an increase in the number of merchants joining the Shopify platform.Merchant Solutions revenue grew 63%, to $210.3 million, driven primarily by the... More