Shopify (SHOP 3.04%) has been impressing investors with its continued high growth along with effectively bringing down expenses. Investors had been pushing up Shopify's share price because they've been confident that Shopify could make that happen. It operates an excellent business with tons of opportunity, and once it straightens out its costs, it looks like it could be unstoppable.However, despite excellent fourth-quarter results full of the progress investors were looking for, Shopify stock has been a me ...

Few companies have been on wilder rides over the past few years than Shopify (SHOP 1.10%). Since early 2019, its stock has been as high as $169 and as low as $19 and today it trades for around $78. The pandemic-induced pull-forward of business to e-commerce companies and the ensuing correction played a large part in the stock's performance. Only recently are things beginning to normalize.However, investors always need to be looking forward as past results are no guarantee of the future. And finding catalyst ...

Shopify Inc. (NYSE:SHOP) Q1 2024 Earnings Conference Call March 6, 2024 4:20 PM ET Company Participants Harley Finkelstein - President Jeff Hoffmeister - Chief Financial Officer Conference Call Participants Keith Weiss - Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us. My name is Keith Weiss. I run the U.S. research -- software research franchise here at Morgan Stanley. And very pleased to have with us from Shopify, both President, Harley Finkelstein as well as CFO, Jeff Hoffmeiste ...

Shopify Inc. (NYSE:SHOP) Q1 2024 Earnings Conference Call March 6, 2024 4:20 PM ET Company Participants Harley Finkelstein - President Jeff Hoffmeister - Chief Financial Officer Conference Call Participants Keith Weiss - Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us. My name is Keith Weiss. I run the U.S. research -- software research franchise here at Morgan Stanley. And very pleased to have with us from Shopify, both President, Harley Finkelstein as well as CFO, Jeff Hoffmeiste ...

Shopify's (SHOP 0.29%) fourth-quarter financials came in better than expected. But soft guidance sent shares of the e-commerce platform lower as they're down almost 17% from their 2024 peak. Investors might be thinking about taking advantage of the recent dip to add Shopify to their portfolio. But before doing so, here are four things you need to know about this top e-commerce stock.Shopify's offeringsShopify provides the tools that allow anyone in 175 countries to quickly set up an online storefront and st ...

Shopify (SHOP) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this cloud-based commerce company have returned -0.5% over the past month versus the Zacks S&P 500 composite's +5.2% change. The Zacks Internet - Services industry, to which Shopify belongs, has lost 0.2% over this period. Now the key question is: Where could the stock be headed in the near te ...

The "Magnificent Seven" stocks seem to be getting all of the attention these days, and for good reason. As a group, these dominant businesses have seen their shares soar since the start of 2023. Investors appreciate their growth prospects and focus on tech innovation and disruption.But that doesn't mean there aren't other places to shop around for businesses to invest in. Take a look at Shopify (SHOP -2.01%), which recently reported its 2023 fourth-quarter financial results. Investors didn't seem pleased wi ...

There were high expectations heading into Shopify's (SHOP -3.29%) Q4 earnings update, and the e-commerce platform specialist didn't disappoint. In mid-February, the company announced accelerating sales growth for the core holiday shopping period as transaction volumes jumped. Its merchants are increasingly opting to pay for more of its widening range of services, too, which is boosting both the top and bottom lines.Investors have responded positively to all this news. Shopify's stock is up nearly 90% in the ...

Here are two stocks with buy rank and strong momentum characteristics for investors to consider today, February 20th:Shopify (SHOP) : This company which, provides a multi-tenant, cloud-based, multi-channel commerce platform for small and medium-sized businesses, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 1.9% over the last 60 days.Shopify’s shares gained 50.7% over the last sixs month compared with the S&P 500’s gain of 14.1%. The co ...

Shopify (SHOP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this cloud-based commerce company have returned +1.6% over the past month versus the Zacks S&P 500 composite's +5.2% change. The Zacks Internet - Services industry, to which Shopify belongs, has lost 0% over this period. Now the key question is: Where could the stock be headed in the near term?Although media repor ...