Shopify Shares Rise on Q3 Earnings Beat: Is the Stock a Buy?
SHOP's third-quarter 2024 results reflect a booming merchant base, expanding partnerships, and robust revenue growth.
Shopify Shares Surge on Growth Outlook. Is It Too Late to Buy the Stock?
Shopify now trades at a forward price-to-sales (P/S) ratio of 13.7, based on analysts' 2025 estimates at the time of this writing. That multiple is higher than it has been in recent years, but still well below the ratio the stock traded at back in 2021.
Shopify to Report Q3 Earnings: Is the Stock a Portfolio Must-Have?
Shopify SHOP is scheduled to report its third-quarter 2024 results on Nov. 12. For the to-be-reported quarter, Shopify expects revenue growth at a low to mid-20% range on a year-over-year basis. The Zacks Consensus Estimate for revenues is currently pegged at $2.
Shopify shares soar on better-than-expected results and strong outlook
E-commerce giant reported revenue of US$2.16-billion in the third quarter while profit nearly doubled to US$344-million
Shopify’s stock pops on upbeat growth forecast for the holiday shopping season
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”
Shopify stock skyrockets ahead of the holiday season
The holiday season is fast approaching, and Shopify seems to have received its Christmas gift a bit early this year: Its stock skyrocketed to its highest level since 2022 after reporting quarterly earnings.
Shopify Stock Soars To Nearly Three-Year High on Strong Q3 Results
Key Takeaways Shopify beat analysts' third-quarter estimates for operating income, revenue, and free cash flow as sales surged.Operating income soared 132% year-over-year to $283 million, with revenue up 26% to $2.
Shopify Stock Surges as Revenue Soars
Shopify stock gained 14% to $102.84 in premarket trading Tuesday. For its third quarter, the company reported revenue of $2.16 billion, rising 26% from the year-ago quarter but be
Is Shopify Stock a Buy, Sell, or Hold?
Omnichannel commerce platform provider Shopify (SHOP) delivered solid quarterly numbers. For the third quarter (Q3), the company reported strong growth in both revenue and Gross Merchandise Volume (GMV),
Why Shopify Stock Is Skyrocketing Today
Shopify published its Q3 report before the market opened this morning, delivering sales and earnings for the period that beat Wall Street's expectations. Even better, the e-commerce leader's forward guidance came in far better than anticipated.
Shopify Inc. Cl A stock outperforms market despite losses on the day
Shares of Shopify Inc. Cl A SHOP slid 0.36% to C$152.87 Friday, in what proved to be an all-around down trading session for ...
Shopify Q3 Earnings: Strong Growth Momentum Continues, But Stock May Drop In The Near Term (Rating Downgrade)
Shopify's Q3 FY2024 earnings indicate strong underlying demand, with YoY growth accelerations in revenue and GMV, driven by ...
Shopify vs. Block: Which E-Commerce and Fintech Stock Is the Better Buy?
Shopify (SHOP) and Block (SQ) are two very different companies, yet both operate in the e-commerce and payments sectors, ...
Shopify’s stock heads for best day ever on upbeat holiday forecast
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment ...
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Shopify (NYSE:SHOP) Stock Quotes, Forecast and News Summary
Cathie Wood's Ark Innovation, Genomic ETFs Celebrate 10 Years: How Annual Returns Stack Up Against S&P 500 The Ark Innovation and Ark Genomic ETFs turn ten years old. A look at the annual returns ...
Shopify stock up for seventh straight session
Shopify (NYSE:SHOP) shares traded in the green on Wednesday, making it the seventh consecutive day of gains. The stock closed up 5.66% at $115.09. SHOP rose 83% in the last 12 months. YTD, the stock ...
Shopify's 25% gain sends Canada's benchmark stock index to all-time highs
Shopify's surge added fuel to Canada's strong market rally, helping its benchmark index cross 25,000 for the first time.