UPDATE: Shopify (SHOP) PT Lowered to $650 at Stifel, 'Rough Period For eCommerce But It Won’t Last Forever'
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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) PT Lowered to $500 at CFRA
May 5, 2022 11:03 AM EDTCFRA lowered its price target on Shopify (NYSE: SHOP) to $500.00 (from $900.00) while maintaining a Hold rating.... More
Shopify (SHOP) Stock Extends Drop From All-time Highs to Nearly 80% After Disappointing Results
May 5, 2022 9:42 AM EDT(Updated - May 5, 2022 9:48 AM EDT)
U.S.-listed shares of Shopify (NYSE: SHOP) are down nearly 17% today after the company reported lower-than-expected Q1 EPS, revenue, and gross merchandise value (GMV).
The e-commerce giant reported Q1 adjusted EPS of 20c, compared to $2.01 in the year-ago period... More
Pre-Open Stock Movers 05/05: Albemarle and Booking Jump on Earnings; Shopify, Wayfair and Etsy Sink (more...)
May 5, 2022 9:04 AM EDTPre-Open Stock Movers:
Hycroft Mining Holding Corporation (Nasdaq: HYMC) 31% HIGHER; announces that it has filed its 10-Q for the first quarter of 2022. Gold production for the three months ended March 31, 2022, was 5,358 ounces and silver production was 16,861 ounces, in line with forecast.
Singularity Future Technology Ltd. (NASDAQ:... More
Shopify's revenue growth slowest in seven years, shares plunge
May 5, 2022 7:13 AM EDTBy Eva Mathews and Nivedita Balu
(Reuters) -Canada's Shopify Inc reported its slowest quarterly revenue growth since going public in 2015 and delivered a big miss on profit, sending the company's U.S.-listed shares tumbling 17% on Thursday.
Easing global e-commerce growth from the frenetic pace seen during the peak of the pandemic has hit Shopify, which provides merchants tools and service to set up online shops, as the rush among brick-and-mortar retailers to go online has waned.
... MoreShopify (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... MoreShopify (SHOP) to Acquire Deliverr for $2.1B
May 5, 2022 6:56 AM EDTShopify (NYSE: SHOP) announced:
The largest acquisition in Shopifys history will create an end-to-end logistics platform to unlock fast and easy fulfillment for millions of merchantsShopify Fulfillment Network (SFN) and Deliverr are combining to remove supply chain complexity for merchants of all sizes, on and off Shopify, democratizing access to end-to-end logistics for independent brands for the first timeDeliverrs technology strengthens SFNs ability to manage merchant inventory from port to porch as it travels to the warehouse network, gets distributed across sales channels, and ultimately arrives at the... MoreShopify (SHOP) option IV at 200 into quarter results and outlook
May 4, 2022 10:52 AM EDTShopify (NYSE: SHOP) May weekly call option implied volatility is at 201, May is at 111; compared to its 52-week range of 35 to 97 into the expected release of quarter results on May 5.
... MoreShopify (SHOP) Conference Conversations Reinforce New Opportunity in Warehouse Management Software - KeyBanc
May 4, 2022 7:29 AM EDTKeyBanc analyst Josh Beck reiterated an Overweight rating and $650.00 price target on Shopify (NYSE: SHOP) after attending a fulfillment conference where he spoke with third-party logistics (3PL) technology providers focused on warehouse management software (WMS).
The analyst is "more confident in Shopify... More
Shopify (SHOP) May weekly 465 straddle priced for a move of 13% into quarter results
May 4, 2022 4:51 AM EDTShopify (NYSE: SHOP) May weekly 465 straddle priced for a move of 13% into the expected release of quarter results on May 5.
... MoreShopify (SHOP) PT Lowered to $630 at Wedbush
May 3, 2022 6:54 AM EDTWedbush analyst Ygal Arounian lowered the price target on Shopify (NYSE: SHOP) to $630.00 (from $937.00) while maintaining a Outperform rating.... More
Shopify (SHOP) PT Lowered to $460 at Loop Capital After Survey Yields Mixed Results
May 3, 2022 6:23 AM EDTLoop Capital analyst Anthony Chukumba slashed the price target on Shopify (NYSE: SHOP) to $460.00 (from $660.00) after surveying ~500 current Shopify merchants to decidedly mixed results. Respondents indicated improvements in sales trends and merchant satisfaction but offset by a slight decline in value perception. Sales channel and... More
