Shopify (SHOP -2.13%) has dominated e-commerce software for at least a decade, and the company's latest report showed that it still has no sign of slowing down even after years of monster growth.In the fourth quarter, Shopify's gross merchandise value (GMV) rose 26% to $94.5 billion, and revenue jumped 31% to $2.81 billion, ahead of the consensus at $2.73 billion. Adjusted earnings per share rose from $0.34 to $0.44, topping estimates by a penny.Shopify is executing across its business. After putting the fa ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SHOP over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This te ...

Shopify (SHOP) shares have surged 20.7% year to date, outperforming the Zacks Computer and Technology sector’s appreciation of 3% and the Zacks Internet – Services industry’s decline of 0.1%. Since the fourth-quarter 2024 results reported last Tuesday (Feb. 11), Shopify stock has appreciated 7%. The company reported impressive results for fourth-quarter 2024 non-GAAP earnings of 44 cents per share, in line with the Zacks Consensus Estimate. The figure jumped 29.4% year over year. Revenues of $2.81 billion s ...

Company Performance - Shopify reported revenue of almost $8.9 billion for 2024, a 26% increase from 2023, with both subscription services and merchant services contributing to this growth [1] - The company achieved over $2 billion in net income for 2024, a significant increase from the $132 million profit in 2023, following a $1.3 billion impairment charge in 2023 that impacted profitability [2] Revenue Outlook - Shopify's revenue growth is projected at a "mid-twenties percentage rate," which is similar to the growth rate achieved in 2024, although the fourth quarter saw a 31% year-over-year increase [3] Market Position - Shopify holds a 10% global market share in the e-commerce sector and ranks fourth overall, while in the U.S., it commands a 29% market share, making it the most popular e-commerce software platform in the country [5] Ecosystem and Services - The company's success is attributed to its flexible, no-code development platform and a range of ancillary services that support merchants, including email marketing, capital raising, and inventory management [6] Strategic Decisions - Shopify's attempt to enter the logistics business in 2022 led to significant losses and an impairment charge, but the sale of this business in 2023 allowed the company to return to profitability while maintaining a competitive advantage [7] Valuation Metrics - Shopify's stock has risen over 350% since October 2022, with a trailing price-to-earnings ratio (P/E) of 77 and a price-to-sales ratio (P/S) of 18, indicating a high valuation that may affect investor sentiment [8] Long-term Outlook - The company is well-positioned to capitalize on the growing e-commerce market, as more merchants seek to sell online, which is expected to drive profits [10]

Shares of Shopify (SHOP 0.55%) rose following the company's fourth-quarter results as it produced strong revenue growth. The stock of the e-commerce software platform is now up nearly 40% over the past year, as of this writing.However, the company could feel some pressure from potential tariffs. Let's examine the company's most recent results and guidance to see if now is a good time to buy the stock.Strong revenue growthFor the quarter, Shopify saw its revenue climb 31% to $2.81 billion. That handily beat ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of SHOP, AMZN, BABA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to w ...

I’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my service to revolve around is momentum.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within th ...

Shares of Shopify Inc SHOP tanked in early trading on Wednesday, despite the company reporting a fourth-quarter revenue beat.Here are some key analyst takeaways.Piper Sandler analyst Clarke Jeffries reaffirmed a Neutral rating, while raising the price target from $94 to $104.Goldman Sachs analyst Gabriela Borges reiterated a Buy rating, while lifting the price target from $135 to $150.JPMorgan analyst Reginald Smith maintained an Overweight rating, while raising the price target from $121 to $124.Cantor Fit ...

Shopify (SHOP) reported fourth-quarter 2024 non-GAAP earnings of 44 cents per share, in line with the Zacks Consensus Estimate. The figure jumped 29.4% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $2.81 billion surpassed the Zacks Consensus Estimate by 3.26%. The top line soared 31.2% year over year.Following fourth-quarter 2024 results, SHOP shares increased 3.08% to close at $123.59 on Tuesday. Shopify shares have appreciated 37.6% in the trailing 12 mo ...

Despite trade war fears and an uncertain macroeconomic picture, growth stocks have continued to surge in early 2025, but the trade-off is that investors have expected top-notch performance this earnings season. Mere earnings beats aren’t enough to keep a rally going; investors seem toWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping ...