Shopify (SHOP) to Acquire Deliverr for $2.1B
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Shopify (SHOP) PT Lowered to $550 at Jefferies
May 6, 2022 8:06 AM EDTJefferies analyst Samad Samana lowered the price target on Shopify (NYSE: SHOP) to $550.00 (from $1,350.00) while maintaining a Buy rating following earnings.
The analyst commented, "A few incremental takeaways after the call were: 1) a rebalancing in consumer spending toward services and... More
Shopify (SHOP) Misses Q1 EPS by 80c, Revenues Misses
May 5, 2022 7:13 AM EDTShopify (NYSE: SHOP) reported Q1 EPS of $0.20, $0.80 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.6 billion.
GUIDANCE:
For 2022, the expect:
Year-over-year revenue growth to be lower in the first half and highest in the fourth quarter of 2022, as the COVID-triggered acceleration of ecommerce in the first half of 2021 from lockdowns and government... More