Shopify (SHOP -0.99%) has long been an investor favorite, and it's easy to see why. It controls a large portion of the U.S. e-commerce market, even though you won't always see its name on the merchant websites it powers. You also won't see it listed as one of the top e-commerce retailers because its core business is e-commerce platform services.Amazon is still the top online retailer with a 38% share of the total e-commerce market in the U.S., but Shopify's gross merchandise volume (GMV) has almost matched ...

On the same day that President Donald Trump delayed ending a trade exemption targeting certain Chinese imports, ecommerce company Shopify published a blog post making its stance on U.S. trade policy clear.In the post, Shopify endorsed “open trade,” calling for regulators to give online merchants the “freedom to expand without constraints imposed by geopolitical brinkmanship.” “Without small-business protections, legitimate entrepreneurs suffer under policies intended to curb exploitation,” the post read. “ ...

Shopify Inc. (NYSE: NYSE: SHOP ) , which hails from Canada, is essentially a company that allows businesses of all shapes and sizes to set up and run their own online stores. What this means in practical terms is that ShopifyThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the Seeking Alpha in ...

Shopify (SHOP) is scheduled to report its fourth-quarter 2024 results on Feb. 11.See the Zacks Earnings Calendar to stay ahead of market-making news.For the to-be-reported quarter, Shopify expects revenues to grow at a mid-to-high twenties percentage rate on a year-over-year basis.The Zacks Consensus Estimate for revenues is currently pegged at $2.72 billion, suggesting growth of 27.02% from the year-ago quarter’s reported figure.The consensus mark for earnings is pegged at 44 cents per share, unchanged ove ...

The upcoming report from Shopify (SHOP) is expected to reveal quarterly earnings of $0.44 per share, indicating an increase of 29.4% compared to the year-ago period. Analysts forecast revenues of $2.72 billion, representing an increase of 27% year over year.Over the last 30 days, there has been an upward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of t ...

Technology stocks chopped around to start 2025. The Nasdaq and the S&P 500 have held their ground at their 50-day moving averages as Wall Street is content to let the market cool following the impressive post-Trump election rally and the stellar two-year run.Despite the flood of earnings reports, the tariff battles, the DeepSeek news, and beyond, the market remains above its post-election breakout levels.See the Zacks Earnings Calendar to stay ahead of market-making news.The sideways movement and the rapid ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Shopify (SHOP) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 11. O ...

With just one subscription to Beyond the Wall Investing , you can save thousands of dollars a year on equity research reports from banks. You'll keep your finger on the pulse and have access to the latest and highest-quality analysis of this type of information.I first wrote about Shopify Inc. (NYSE: SHOP ) in late April 2024 with a "Hold" rating, warning investors to avoid buying the dip at the time, as the firm's slowing top-line growth seemed like a major problem to me back then. AndHe leads the investin ...

Group 1 - Shopify's recent trading session ended at $116.59, reflecting a -0.73% change from the previous day's closing price, which is a lag compared to the S&P 500's daily loss of 0.47% [1] - Over the past month, Shopify's shares have gained 10.46%, while the Computer and Technology sector has lost 0.19% and the S&P 500 has gained 1.67% [1] Group 2 - Shopify's upcoming earnings report is expected on February 11, 2025, with a predicted EPS of $0.44, indicating a 29.41% growth compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue projects net sales of $2.72 billion, up 27.02% from the year-ago period [2] Group 3 - Recent changes to analyst estimates for Shopify reflect evolving short-term business trends, with positive revisions indicating analyst optimism regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, has shown that 1 ranked stocks yield an average annual return of +25% since 1988 [4][5] Group 4 - Shopify's current Forward P/E ratio is 77.97, significantly higher than the industry average of 23.85, suggesting that Shopify is trading at a premium [6] - The company has a PEG ratio of 1.83, compared to the Internet - Services industry's average PEG ratio of 1.75 [7] Group 5 - The Internet - Services industry, which includes Shopify, holds a Zacks Industry Rank of 76, placing it in the top 31% of all 250+ industries [7][8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Viewpoint - Shopify has demonstrated significant growth and resilience in the e-commerce sector, but investors need to carefully consider the stock's valuation before making a purchase decision for 2025 [2][12]. Group 1: Company Performance - Shopify has returned to growth mode after facing challenges post-pandemic, with revenue increasing by 26% in 2023 and maintaining strong performance into 2024 [6]. - In Q3 2024, Shopify's revenue rose 26% to $2.2 billion, and operating income more than doubled from $122 million to $283 million [6]. - The company enabled $70 billion in gross merchandise value (GMV) sales in Q3 2024, translating to an annualized rate of $280 billion [11]. Group 2: Growth Opportunities - Shopify has expanded its focus from online sales to omnichannel sales, allowing merchants to sell globally through various platforms [8]. - The company is investing in global business growth, providing local merchants with tools for international sales, including shipping, payments, and tax management [9]. - Shopify's globalization strategy includes introducing its POS system to international markets, enhancing payment processing for merchants [10]. Group 3: Market Position and Valuation - Despite Shopify's strong performance, its price-to-sales (P/S) ratio is 16 and price-to-earnings (P/E) ratio is 97, indicating that the stock may be overvalued compared to competitors like Amazon [13]. - Shopify's market share in the estimated global retail market size of $31 trillion is less than 1%, suggesting significant growth potential [11]. - The current high valuation may deter conservative investors, as the stock price can be volatile in the short term [15].