Shopify (SHOP) February weekly 90 straddle into quarter results

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Shopify (SHOP) shares tumble following Q4 earnings

February 13, 2024 7:50 AM EST

Shopify (NYSE: SHOP) shares fell more than 8% Tuesday on the back of its latest quarterly earnings.

The company reported earnings of $0.34 per share, while revenue increased 24% year-over-year to $2.1 billion.

Subscription solutions revenue increased 31% to $525 million, driven by growth in the number of merchants and... More

Shopify (SHOP) PT Raised to $90 at Truist, 'Data Suggests Upside in Shopify GMV and Likely Strong 4Q Report'

February 12, 2024 7:20 AM EST

Truist Securities analyst Terry Tillman raised the price target on Shopify (NYSE: SHOP) to $90.00 (from $65.00) while maintaining a Hold rating.

The analyst comments "In collaboration with Truist Securities Data Science team, we have concluded Shopify will likely report a strong 4Q tomorrow. Along... More