花旗：Shopify-2025 年第一季度小组电话会议要点

本文档仅供上海信鱼私募基金管理有限公司18860455898研究使用，请勿外传 Flash | 08 May 2025 18:10:43 ET │ 12 pages Shopify Inc (SHOP.O) Takeaways from 1Q25 Group Callback CITI'S TAKE We caught up with Shopify management in a group callback following the 1Q25 earnings call. Our key takeaways are as follows: Guidance Tariffs Buy / High Risk | Price (08 May 25 16:00) | US$94.00 | | --- | --- | | Target price | US$135.00 | | Expected share price return | 43.6% | | Expected dividend yield | 0.0% | | Expected total return | 43.6% | | Market Cap ...