We Are Investment Thesis Shopify's (NYSE:SHOP) has dropped 20% over the past month after a strong 1Q FY2024 earnings. This selloff was largely due to a weak forward guidance, even though revenue and EPS beat expectations in the last quarter. Unsurprisingly, the stock's premium valuation indicated high expectations going into the quarter, making it vulnerable to a weak forward guidance. In my previous analysis, I initiated a neutral rating on the stock and raised concerns that a valuation of over 10x EV/ ...

The e-commerce giants have many similarities.Both Amazon (AMZN 0.33%) and Shopify (SHOP 0.60%) are incredible businesses. Both target e-commerce spending, which has grown at double-digit percentage rates for years, and is expected to do so for years to come. When it comes to high-upside stocks, both of these companies fit the bill. But which stock has the potential to deliver the biggest profits to those who buy in today?Amazon has achieved greatness -- and that's a bit of a problemAmazon needs no introduct ...

The e-commerce giant's stock price won't necessarily track its business fundamentals in the short term.Shopify's (SHOP 0.34%) stock performance has been a mixed bag since the company went public in 2015. Those who bought in at the start and have held on since then are sitting on a 2,220% gain. But the stock has also taken some steep drops along the way. Over the past 30 days, for instance, shares have lost one-fifth of their value.What lies ahead for Shopify, operator of one of the world's largest e-commerc ...

Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join Shopify.Threads added that after the launch of Meta’s social network with the same name last year, the startup had “the opportunity to sell our domains.” It is not clear if the startup sold the domain name to Meta, Shopify, or anyone else, but the note does indicate that it would have had to rebrand from Threads ...

The Good Brigade/DigitalVision via Getty Images Investment Thesis Shopify (NYSE:SHOP) shares experienced a steep decline after the company released its first quarter earnings for 2024. While revenues of $1.86 billion surpassed analyst expectations, the company reported a net loss compared to a profit in the same period last year. However, this loss stemmed from a charge associated with the sale of Shopify's logistics business. The decline year-over-year was primarily due to the sale of the logistics busines ...

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 ...