Shopify stock soars over 20% on very strong Q2 report, upbeat guidance
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Shopify (SHOP) PT Lowered to $90 at Citi
August 8, 2024 4:58 AM EDTCiti analyst Tyler Radke lowered the price target on Shopify (NYSE: SHOP) to $90.00 (from $97.00) while maintaining a Buy rating.
The analyst comments "We remain buyers of SHOP following a very strong 2Q which assuaged investor concerns on the top-line and bottom line. Against a... More
Shopify (SHOP) PT Raised to $85 at Morgan Stanley
August 7, 2024 4:10 PM EDTMorgan Stanley analyst Keith Weiss raised the price target on Shopify (NYSE: SHOP) to $85.00 (from $80.00) while maintaining a Overweight rating.
The analyst comments "Growth initiatives across Enterprise, POS & International enable Shopify to exceed top-line expectations despite an uneven macro. At the same time,... More
Shopify (SHOP) Tops Q2 EPS by 6c, Offers Outlook
August 7, 2024 7:03 AM EDTShopify (NYSE: SHOP) reported Q2 EPS of $0.26, $0.06 better than the analyst estimate of $0.20. Revenue for the quarter came in at $2.05 billion versus the consensus estimate of $2.01 billion.
2024 Outlook
For the third quarter of 2024, we expect:
Revenue to... More