It's time to put Shopify stock back on the buy list
Shopify(SHOP) MarketBeat·2024-02-13 17:49
Key PointsShopify had a solid quarter and is guiding for growth, but FCF will be impaired and is weighing on the stock price.Growth is supported by accelerating merchandise volume and service penetration, so guidance may be light. Analysts see a substantial upside for the market but may trim targets now that guidance is in. 5 stocks we like better than ShopifyShares of Shopify NYSE: SHOP fell hard following the Q4 results, and for good reason. The news and guidance left the market in doubt about earnings in ...