Shopify(SHOP)

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Investing in These 2 Top Growth Stocks Would Be a Brilliant Move
The Motley Fool· 2024-12-19 13:25
Growth stocks are back in style these days. Several well-known ones are crushing the market while riding the wave of the artificial intelligence revolution (AI). However, plenty of growth-oriented companies outside of AI are worth investing in. Industries such as e-commerce and fintech have terrific prospects, too, and the leaders in these spaces could deliver outsize returns over the long run.Let's consider two growth stocks -- one in each industry -- that look like excellent buys: Shopify (SHOP -8.19%) an ...
3 Reasons Growth Investors Will Love Shopify (SHOP)
ZACKS· 2024-12-18 18:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks wit ...
Is Shopify (SHOP) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-12-18 15:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Shopify (SHOP) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Shopify currently has an average b ...
Could Shopify Be Your Ticket to Becoming a Millionaire by 2035?
The Motley Fool· 2024-12-18 09:25
Shopify (SHOP 3.06%) has become the go-to e-commerce solution for millions of merchants globally. That gives it tremendous power in the industry and also means it's going to benefit from growing e-commerce trends. According to Statista, in the U.S. alone, e-commerce is expected to jump from 16.6% of retail sales this year to 20.6% by 2027.The market is expecting a lot from Shopify, as indicated by its highly valued stock. Can Shopify be your ticket to millionaire status over the next decade?The top name in ...
Lantern AI Quiz Builder Reveals Key Insights to Boost Shopify Store Revenue
Newsfile· 2024-12-16 19:39
Bristol, United Kingdom--(Newsfile Corp. - December 16, 2024) - Lantern, the premier Shopify quiz-building app, has released insights from its 2024 analysis of top-performing users, revealing key strategies for creating the ideal quiz format. These insights show that merchants using Lantern to build interactive, data-driven quizzes generate an average of $29,000 in additional monthly revenue. However, with optimized quiz pathways and integration with platforms like Klaviyo, merchants can potentially increa ...
Take the Zacks Approach to Beat the Markets: Shopify, Enerflex, The Greenbrier in Focus
ZACKS· 2024-12-16 13:50
Last week, the tech-heavy Nasdaq Composite gained 0.96%, whereas The Dow Jones Industrial Average declined by 1.29%. The S&P 500 remains unchanged. Market participants are concerned about the U.S.-China trade war and mixed economic data.The Department of Labor reported the consumer price index (CPI) rose 0.3% last month, the largest rise in seven months after advancing 0.2% for four straight months. The producer price index (PPI) increased 3% last month compared to a 2.6% rise in October. Despite the seemin ...
Could Buying Shopify Stock Today Set You Up for Life?
The Motley Fool· 2024-12-15 10:16
Company Overview - Shopify has been a strong performer since its IPO in 2015, but its future performance remains uncertain as the e-commerce space becomes increasingly competitive [2][6] - The company enables businesses to build and manage their own e-commerce operations, allowing them to sell directly to customers without relying on intermediaries [3] Financial Performance - Shopify facilitated over $270 billion in merchandise sales in the past year, generating $8.2 billion in revenue [4] - Projected top-line growth for this year is nearly 25%, with expectations of over 22% growth in 2025, potentially increasing revenue to over $10 billion [5] - Earnings per share are expected to nearly double to $1.32 this year and rise to $1.51 in 2025 [5] Market Position and Growth Potential - Despite impressive growth, Shopify's growth rate is slowing due to its size, previous rapid growth, and a saturated market [6] - The U.S. Census Bureau reports that only about 16% of retail sales are conducted online, indicating significant room for growth in e-commerce [8] - The global e-commerce market is projected to grow from $4.4 trillion this year to $6.8 trillion by 2028, suggesting continued expansion opportunities for Shopify [9] Scalability and Profit Margins - Shopify's business model scales well, with relatively low incremental costs for adding more customers [11] - Profit margins are expected to widen over time, which may help the stock grow into its current valuation [11] Investment Outlook - The stock is currently trading at 77 times next year's projected earnings, and nearly half of analysts rate it as a "hold" [6] - Investors are optimistic about e-commerce's long-term future and Shopify's dominant position within it, which could support share prices [13] - Investing in Shopify today could yield long-term benefits as the demand for its platform and services is expected to grow significantly [14]
Can Shopify Deliver 2x To 3x Returns Over The Next Few Years?
Seeking Alpha· 2024-12-14 14:20
Shopify (NYSE: SHOP ) was trading at just around $52 back in August 2024, and has since rallied by 119%, more than doubling in the space of four months. Any investor interested in this growth stock has one key question in mind, can it still deliverStriving to uncover long-term investment opportunities (10+ years) through in-depth research and analysis. Nexus Research seeks to evaluate and compare business strategies to determine a company’s potential for market penetration, revenue growth and profit margin ...
Why Is Shopify (SHOP) Up 2% Since Last Earnings Report?
ZACKS· 2024-12-12 17:36
A month has gone by since the last earnings report for Shopify (SHOP) . Shares have added about 2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Shopify due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Shopify Q3 Earnings Beat Estimates, Revenues Up Y/YShopify repo ...
Why Shopify Could Be the Best Stock to Buy in December
The Motley Fool· 2024-12-03 12:31
Shopify's (SHOP -2.27%) business today is booming as much as it was during the lock-down phases of the pandemic -- and Wall Street has noticed. The commerce platform's stock soared 48% through November 2024, nearly doubling the year-to-date rally in the S&P 500.There's time for that 2024 performance gap to expand further as fresh data about transaction processing volumes over the holiday season comes out. However, Shopify's stock looks even better from a long-term perspective. Let's look at why this could b ...