Shopify: The Powerhouse Of Next-Generation Commerce
Shopify(SHOP) seekingalpha.com·2024-05-20 16:22
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 ...