Core Viewpoint - Shopify Inc. has been upgraded from Neutral to Buy by MoffettNathanson, highlighting an attractive entry point at a stock price of $118.40 [1][6] Financial Performance - Shopify is expected to report a revenue increase in the mid-to-high 20% range for Q4 2025, with Zacks Consensus Estimate projecting revenues to reach $3.58 billion, reflecting a 27.3% growth year-over-year [2][6] - The consensus estimate for earnings per share is set at 50 cents, indicating a 13.6% increase from the previous year, showcasing strong financial performance [3][6] Market Position - Shopify's Gross Merchandise Volume (GMV) is estimated at $120 billion, driven by merchant and global expansion, indicating robust market activity [3] - The stock is currently priced at $118.40, with a market capitalization of approximately $154.52 billion, maintaining its status as a significant player in the e-commerce industry [5] Revenue Streams - Merchant Solutions revenues are expected to grow year-over-year, although there may be margin pressures due to shifts in product mix and payment structures [4] - The company is focused on leveraging AI-driven Merchant Solutions to support long-term growth prospects [4]