The e-commerce software giant has fallen over 60% from its 2022 highs.Shopify (SHOP 4.55%) is one of the world's largest e-commerce platforms. Using the company's software and services ecosystem, virtually any person or company can open an online store. It's getting harder to call the company a hidden gem -- the stock is worth nearly $90 billion and has been public for almost a decade. That said, Shopify has fallen out of favor with investors over the past few years.The stock peaked in 2022 thanks to pandem ...

It reported fabulous second-quarter results.Shopify (SHOP 2.42%) stock has popped 26% since releasing its phenomenal second-quarter earnings results on Aug. 7, but it's still down over 50% in the past three years. There's been a lot going on at Shopify that's keeping investors on their toes. Let's see where the business is today and whether or not it's a good time to buy shares.Growth has been better than expectedLet's take a step back and give the recent earnings report some context. Shopify, which offers ...

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 ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends 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 opinions remain his own and are unaffected by The Motley Fool. ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...

Shares ended last week with a 27% gain.2024 has been a tale of two quarters for Shopify (SHOP 1.09%). The e-commerce company's stock tanked in May after it reported first-quarter results. Analysts were expecting 19.5% growth in the second quarter, and management's "high-teens percentage rate" guidance left investors disappointed.But this week, shares surged after the Q2 results showed 21% revenue growth, topping management's prior outlook and analysts' estimates too.If this all seems a little silly to you, ...

Shopify is quietly becoming a global e-commerce giant -- and more.The last 12 months have been volatile for Shopify's (SHOP 1.09%) investors. At one point, the stock traded at a low of $45.50, but it then doubled in the next few months to reach $91.57. Today, the stock is back down to about $63.The recent stock movement suggests that the bulls and bears are still undecided on Shopify's long-term prospects. The former likes the huge e-commerce opportunity ahead, while the latter has concerns over Shopify's e ...

The e-commerce software platform keeps putting up impressive growth figures.Shares of Shopify (SHOP 7.29%) popped over 25% this week, according to data from S&P Global Market Intelligence. The e-commerce software and payments platform reported earnings for the second quarter that wowed investors. After seeing slowing growth coming out of the COVID-19 pandemic boom, Shopify has gotten its mojo back and is now generating a solid amount of profits. However, the stock is still down year to date as of after the ...

Iryna Tolmachova/iStock Editorial via Getty ImagesE-commerce company Shopify (NYSE:SHOP)(TSX:SHOP:CA) reported better than expected June-quarter results on Wednesday that resulted in a sharp increase in Shopify’s share price after earnings. A solid revenue outlook for Q3, strong growth in gross merchandise volume and improving free cash flow margins were all reasons why shares of Shopify closed 17% higher on Wednesday. I continue to see a huge e-Commerce market opportunity for Shopify and upside potenti ...

Shopify’s (SHOP)  stock has soared over +20% since exceeding its Q2 top and bottom line expectations on Tuesday and investors may ponder chasing the rally.Let’s see if it’s still time to buy SHOP with Shopify having notable clients such as Target (TGT)  while helping a broad range of companies scale their businesses through its multi-channel commerce platform.Image Source: Zacks Investment ResearchShopify’s Q2 ResultsShopify's Q2 sales increased 21% to $2.04 billion versus $1.69 billion in the comparative q ...