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0 -6.17703378838676E-05 0 0.000525047872011733 -0.000308851689418811 0.00123540675767489 0.0019766508122799 0.00142071777132615
Stock impact report

Is Shopify (SHOP) One of the High Growth Large Cap Stocks to Buy Right Now? [Yahoo! Finance]

Shopify Inc. - Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. - class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
Company Research Source: Yahoo! Finance
On December 17, Wells Fargo increased its price objective to $198 from $125, while reiterating a “Buy” rating, noting its AI potential. Notably, the analysts at the firm believe that Shopify Inc. (NASDAQ:SHOP) happens to be an under-earning asset, which remains well-placed to benefit from evolving AI search and discovery technologies, thereby capturing demand-generation economics amidst an AI-supported marketplace. The firm noted that Shopify Inc. (NASDAQ:SHOP)'s stock trades at 123 times its future earnings estimates, demonstrating an extremely high valuation. That being said, the analysts believe Shopify Inc. (NASDAQ:SHOP)'s revenue and operating income to surpass the Street's estimates by over 20% and 50%, respectively, by 2028. This is expected to help justify the premium multiple for the company's stock. The firm believes that Agentic commerce is expected to emerge as a new revenue stream for Shopify Inc. (NASDAQ:SHOP), potentially touching $4 billion by 2028 and fueling posi Show less Read more
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