Shopify (SHOP) Tops Q2 EPS by $1.28, Revenues Gross $1B
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Go back to Shopify (SHOP) Tops Q2 EPS by $1.28, Revenues Gross $1B
July 29, 2021 8:00 AM EDT
Jefferies analyst Samad Samana raised the price target on Shopify (NYSE: SHOP) to $1,800.00 (from $1,675.00) while maintaining a Buy rating.
The analyst commented, "SHOP's 2Q results experienced an expected deceleration, but still nicely beat consensus. A few incremental takeaways after the call were: 1) the take... More
July 28, 2021 3:50 PM EDT
Mizuho Securities analyst Siti Panigrahi raised the price target on Shopify (NYSE: SHOP) to $1,500.00 (from $1,300.00) while maintaining a Neutral rating.
The analyst commented, "Shopify posted Q2 results once again nicely ahead of consensus expectations with GMV reaching a record $42.2B (up... More
July 28, 2021 12:56 PM EDT
Stifel analyst Scott Devitt raised the price target on Shopify (NYSE: SHOP) to $1,650.00 (from $1,600.00) while maintaining a Buy rating following results.
The analyst commented, "Shopify reported impressive 2Q:21 results above our estimates and consensus. GMV growth advanced +40% y/y against challenging prior... More
July 28, 2021 7:06 AM EDT
By Chavi Mehta
(Reuters) -Canada's e-commerce giant Shopify Inc beat second-quarter revenue expectations on Wednesday, on the back of a resilient online shopping trend precipitated by the COVID-19 pandemic.
"Shopify fired on all cylinders in our second quarter, keeping our merchants well equipped to seize the opportunities presented in a post-pandemic retail era," said Amy Shapero, Shopify's chief financial officer.
U.S.-listed shares of Shopify rose 2% in premarket trading.
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July 28, 2021 7:04 AM EDT
KeyBanc analyst Josh Beck raised the price target on Shopify (NYSE: SHOP) to $1,750.00 (from $1,650.00) while maintaining a Overweight rating.... More
