John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Shopify. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His ...

Is this stock really a bargain, though?Cathie Wood has developed a strong following among investors for anticipating digital trends that accelerated early in the pandemic. The Ark Invest chief often takes a contrarian position on stocks, and the exchange-traded funds (ETFs) she manages tend to focus on companies that are creating and spreading disruptive technology.She has been a fan of e-commerce platform operator Shopify (SHOP -1.16%) for a long time, but over the past year, she has been cutting her ETFs' ...

The shares of Shopify Inc (NYSE:SHOP) are 3.3% higher in premarket trading following a bull note from Goldman Sachs. The Wall Street analyst upgraded SHOP to "buy" from "neutral" and increased its price target to $74 from $67, pointing at the equity's attractive entry point after a shaky start to 2024.Specifically, the e-commerce stock is down 24.5% year to date, with headwinds blowing in earlier this month after a downbeat quarterly report. Shopify stock yesterday closed at its lowest mark since November 2 ...

It’s been a tough couple of weeks for investors of Shopify Inc. NYSE: SHOP. Indeed, while the broader market has been setting record highs since the final weeks of last year, shares of the e-commerce platform have been sinking some 40% from their high in February. Key PointsShares of Shopify have been trending down since the start of the year while the rest of the market has rallied. The latest drop came from this month’s earnings report and contracting margins.However, there are several reasons to think th ...

JHVEPhoto Shopify Inc. (NYSE:SHOP) (TSX:SHOP:CA) has been an underperformer in the latest earnings season compared to its closest e-commerce and payment processing solution peers like Amazon (AMZN) and PayPal (PYPL). Despite outperforming both sales and earnings metrics in Q1, the positive results were largely overshadowed by concerns pertaining to diminishing profit margins as management commits to higher opex spend. More importantly, we believe the lesser-than-expected tailwind from Plus plan price ch ...

Investors weren't pleased with the latest financial update that Shopify's management provided.With the Nasdaq Composite Index in record territory, you might be thinking that most stocks are also near their all-time highs. But this just isn't the case.Take Shopify (SHOP 1.25%). As of May 15, the leading e-commerce platform's shares are currently 65% below their peak, which was established in November 2021. It doesn't help that Wall Street hasn't been pleased with the company's recent financial updates.Does t ...

Does this unique e-commerce platform have a brighter future?While E-commerce has lost some of its luster to newer hype cycles like generative artificial intelligence (AI), it is still one of the most transformational technology megatrends in our lifetime. And Shopify (SHOP 1.25%) offers investors exposure to the small business side of the equation through its storefront creation platform. Let's dig deeper into what the next five years could have in store for the company.A business in recovery mode Like many ...

A rich valuation implies high growth.All eyes were on Shopify (SHOP -1.28%) last week as it reported its first-quarter earnings results. With the stock up over 120% in the lead-up to the earnings release, investors had high expectations, so its weak outlook was met with severe consequences. Shopify stock has plunged 24% since then.Is this short-term dip a buying opportunity? Let's see how Shopify is doing and where it's likely headed.An e-commerce empireShopify is a global leader in e-commerce software, and ...

The company's shift in focus should improve its fundamentals, the prognosticator believes.After suffering a 16% price drop over the past month, Shopify (SHOP -1.28%) stock is ice-cold on the market. Does that make the e-commerce facilitator an irresistible buy?One analyst tracking the company certainly thinks so, even though he just took a big pair of scissors to his price target. Here's a look at the current state of Shopify, and whether its recent share price tumble makes it a buy on weakness.A chop from ...

Shopify is still reeling from an ill-judged investment in logistics.Fool.com contributor Parkev Tatevosian explains why Shopify (SHOP -5.62%) stock is down and lets you know if that's a buying opportunity. *Stock prices used were the afternoon prices of May 9, 2024. The video was published on May 11, 2024. ...