Shopify Announces First-Quarter 2021 Financial Results
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Shopify (SHOP) PT Raised to $1,400 at Stifel Following Earnings
April 28, 2021 1:56 PM EDTStifel analyst Scott Devitt raised the price target on Shopify (NYSE: SHOP) to $1,400.00 (from $1,200.00) while maintaining a Buy rating.
The analyst commented, "Shopify reported impressive 1Q:21 results that exceeded our estimates and consensus. GMV growth accelerated to 114% y/y from 99% in 4Q, driven by... More
Shopify (SHOP) Tops Q1 EPS by $1.28, Offers Outlook
April 28, 2021 7:10 AM EDTShopify (NYSE: SHOP) reported Q1 EPS of $2.01, $1.28 better than the analyst estimate of $0.73. Revenue for the quarter came in at $988.6 million versus the consensus estimate of $863.03 million.
Outlook:
The outlook that follows constitutes forward-looking information within the meaning of applicable securities laws and is based on a number of assumptions and subject to a number of risks. Actual results could vary materially as a result of numerous factors, including certain risk factors, many of which are beyond Shopify's control. Please see "Forward-looking Statements" below.
In addition to the other... More
