
Shopify Inc (SHOP) Stock Forecast & Price Target
Shopify Inc (SHOP) Analyst Ratings
Bulls say
Shopify has demonstrated strong financial performance with Merchant Solutions revenue increasing by 38% year-over-year to $2.145 billion, surpassing expectations. The company has also shown significant growth in Gross Merchandise Volume (GMV), with payment volumes comprising 65% of GMV and international markets driving a 49% year-over-year increase in European GMV. Additionally, ongoing traction in key sectors and the expansion of its market share highlight the platform's potential for durable growth, with revised revenue estimates for 2025 and 2026 indicating positive trends ahead.
Bears say
The financial analysis indicates several concerns regarding Shopify’s performance, primarily driven by a slowdown in subscription growth, which decelerated from 17% to 15% year-over-year amid challenging comparisons and pricing changes. Additionally, while gross profit dollars increased by 24%, the decline in Non-GAAP gross margins, down 280 basis points to 49.1%, reflects mounting pressures in profitability despite better-than-expected expense discipline. Furthermore, diluted earnings per share fell short of expectations at $0.20, attributed to net unrealized losses, suggesting underlying vulnerabilities that could negatively impact investor confidence in the company's financial stability.
This aggregate rating is based on analysts' research of Shopify Inc and is not a guaranteed prediction by Public.com or investment advice.
Shopify Inc (SHOP) Analyst Forecast & Price Prediction
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