Core Insights - Shopify Inc (NASDAQ:SHOP) has experienced a 3.5% decline, trading at $91.20, following disappointing guidance attributed to tariff uncertainty [1] - The company reported first-quarter profits of 25 cents per share, which met estimates, alongside a revenue beat [1] Analyst Sentiment - Analysts remain predominantly bullish, with 28 out of 45 covering analysts rating Shopify stock as a "buy" or better [2] - The 12-month consensus target price for Shopify is $117.87, indicating a 28.5% discount to current trading levels, suggesting potential for downward adjustments [2] Technical Analysis - Shopify is currently testing support at $90, a level it previously conquered in late March [3] - The stock has seen a 15% decline year-to-date in 2025, but maintains a 44.1% year-over-year gain [3] - The most active options are the weekly 5/23 92-strike calls, with significant new positions being opened [3] Options Market Activity - The equity's 50-day put/call volume ratio is higher than 89% of readings from the past year, indicating bearish sentiment among long-term options traders [4]

Core Insights - Shopify reported $2.36 billion in revenue for Q1 2025, a year-over-year increase of 26.8% [1] - The EPS for the same period was $0.25, compared to $0.20 a year ago, with a surprise of -3.85% against the consensus estimate of $0.26 [1] Revenue and Earnings Performance - The reported revenue exceeded the Zacks Consensus Estimate of $2.33 billion by 1.32% [1] - Year-over-year revenue growth was driven by Merchant solutions revenue of $1.74 billion, up 28.9%, and Subscription solutions revenue of $620 million, up 21.3% [4] Key Metrics - Gross Merchandise Volume (GMV) was reported at $74.75 billion, slightly above the estimated $74.66 billion [4] - Monthly Recurring Revenue (MRR) reached $182 million, exceeding the estimate of $179.99 million [4] - Gross Profit for Merchant solutions was $672 million, surpassing the average estimate of $657.22 million, while Subscription solutions gross profit was $497 million, below the estimate of $543.90 million [4] Stock Performance - Shopify shares returned +3.4% over the past month, underperforming the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018.Shares of Shopify dipped more than 5% in early trading on Thursday after the company posted mixed first-quarter results and issued soft guidance for the current period.Here's how the company did:Revenue: $2.36 billion vs. $2.33 billion expected by LSEGEarnings per share: 39 cents adjusted vs. 26 cents expected by LSEGFor the second quarter, Shopify said it expects gross profit to grow at a high-teens percenta ...

Core Insights - Shopify reported quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.26 per share, but showing an increase from $0.20 per share a year ago, resulting in an earnings surprise of -3.85% [1] - The company posted revenues of $2.36 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.32%, and up from $1.86 billion year-over-year [2] - Shopify shares have declined approximately 11.1% since the beginning of the year, compared to a decline of -4.3% for the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.32 on revenues of $2.49 billion, and for the current fiscal year, it is $1.45 on revenues of $10.69 billion [7] - The estimate revisions trend for Shopify is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Services industry, to which Shopify belongs, is currently in the bottom 40% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Viewpoint - Shopify's Q1 2025 sales reached $2.36 billion, exceeding analyst expectations of $2.34 billion, while the Gross Merchandise Volume (GMV) was $74.75 billion, slightly below the forecast of $74.8 billion [1] Group 1: Financial Performance - Shopify's Q1 2025 sales were $2.36 billion, surpassing analyst expectations [1] - The GMV for the quarter was $74.75 billion, which was marginally lower than the anticipated $74.8 billion [1] - The company expects Q2 revenue to grow approximately 24%-26% year-over-year, exceeding the previous analyst forecast of 23% [1] Group 2: Market and Trade Impact - Shopify's cross-border business accounted for 14% of GMV in Q4 2024, and recent changes in U.S. tariff policies may impact this segment [1] - The potential impact of trade tensions on small e-commerce sellers remains uncertain, which could affect their profitability and demand for Shopify's services [1] - The company is attempting to mitigate risks by expanding into European and Southeast Asian markets, although short-term trade policy fluctuations will likely influence stock price volatility [2] Group 3: Stock Performance - As of the latest update, Shopify's stock dropped over 7%, trading at $87.70 [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________ Form 10-Q ___________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ ___________________________ ___________________________ Shopify Inc. (Exact name of re ...

Merchant Success Drives Shopify's Excellent Q1 - Delivering Strong Revenue Growth AND Profitability Internet, Everywhere - May 8, 2025 - Shopify Inc. (NASDAQ, TSX: SHOP) announced today financial results for the quarter ended March 31, 2025. Shopify achieved 27% revenue growth and 15% free cash flow margin. Shopify has now delivered double-digit free cash flow margins for seven consecutive quarters. "Our Q1 results confirm two clear facts. First, we are delivering both growth and profitability at scale. Sec ...

Shopify Inc. SHOP will release earnings results for the first quarter, before the opening bell on Thursday, May 8. Analysts expect the Ottawa, Canada-based company to report quarterly earnings at 26 cents per share, up from 20 cents per share in the year-ago period. Shopify projects to report quarterly revenue at $2.33 billion, compared to $1.86 billion a year earlier, according to data from Benzinga Pro. Affirm Holdings, Inc. AFRM and Shopify announced on April 9 that they are accelerating their global exp ...

Core Viewpoint - Shopify is expected to report strong revenue and earnings growth in its first-quarter 2025 results, driven by an expanding merchant base and international growth. Group 1: Financial Expectations - Shopify anticipates revenue growth at a mid-twenties percentage rate year-over-year, with the Zacks Consensus Estimate for revenues at $2.33 billion, indicating a 25.24% increase from the previous year [1] - The consensus estimate for earnings is set at 26 cents per share, reflecting a 30% growth compared to the same quarter last year [2] - The Zacks Consensus Estimate for first-quarter GMV is pegged at $75 billion, suggesting a 23% year-over-year growth [4] Group 2: Growth Drivers - Shopify's growth is attributed to a strong increase in its merchant base, with a cumulative GMV of $1 trillion processed in Q4 2024, marking a 25.7% year-over-year increase [3] - The growing usage of Shop Pay and new product launches, such as Shopify Balance for Plus and next-day payouts, are expected to enhance cash flow management and merchant adoption [4] - Subscription solutions revenues are estimated at $621 million, indicating a 21.5% year-over-year growth, while Merchant Solutions revenues are expected to reach $1.71 billion, suggesting a 26.7% increase [5] Group 3: Market Position and Valuation - Shopify shares have declined 7.5% year-to-date, outperforming the Zacks Computer & Technology sector's decline of 7.6% and the Internet Services industry's drop of 11.3% [6] - Despite the decline, Shopify's stock is trading at a premium with a forward Price/Sales ratio of 11.1X, compared to the industry average of 4.88X [10] - Shopify commands 12% of the U.S. ecommerce market and is experiencing rapid growth in Europe and Japan, indicating a strong long-term outlook [13] Group 4: Strategic Partnerships - Shopify's partnerships with major companies like Amazon and Roblox are expected to enhance its merchant base and provide access to extensive fulfillment networks [15] - The expansion of Shopify Tax in the UK and EU, along with the introduction of Tap to Pay in multiple countries, is seen as a positive development for growth [14] - Collaborations with platforms such as TikTok, Snap, and YouTube are anticipated to further expand Shopify's reach and capabilities [14]