Shopify Q1: The Knife Needs More Time To Settle [Seeking Alpha]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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US:NYSE Investor Relations:
investors.shopify.com/home/default.aspx
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Source: Seeking Alpha
The company's revenue and earnings exceeded expectations, but the muted growth guidance overshadowed the positive results. Despite the price correction, Shopify stock is still trading at a P/E of 59x. To me, the high P/E implies the growth slowdown is only temporary. I am very skeptical about this assumption given the competition and cost pressure Shopify Inc. faces. Looking for a helping hand in the market? Members of Envision Early Retirement get exclusive ideas and guidance to navigate any climate. Learn More » SHOP stock fell 20%+ in one month Shopify Inc. NYSE: SHOP ) recently released its 2024 Q1 earnings report . The results were solid, with both revenue and earnings exceeding market expectations. To wit, its non-GAAP EPS came in at $0.20 per share, beating market consensus slightly by $0.03. Total revenue came in at $1.86B, again beating market consensus by a small margin of $10M. However, these results were overshadowed by the muted growth guidance. For the sec
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High impacting Shopify Inc. Class A Subordinate Voting Shares news events
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SHOP
News
- Shopify Inc. (NYSE: SHOP) was upgraded by analysts at Evercore Inc. from an "in-line" rating to an "outperform" rating. They now have a $75.00 price target on the stock.MarketBeat
- Here's Why Shopify (SHOP) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Shopify Inc. (NYSE: SHOP) was upgraded by analysts at Evercore ISI from an "in-line" rating to an "outperform" rating. They now have a $75.00 price target on the stock.MarketBeat
- Shopify (SHOP) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Shopify Inc. (NYSE: SHOP) is now covered by analysts at JPMorgan Chase & Co.. They set an "overweight" rating and a $74.00 price target on the stock.MarketBeat
SHOP
Earnings
- 5/8/24 - Beat
SHOP
Sec Filings
- 6/12/24 - Form 144
- 6/5/24 - Form 6-K
- 6/5/24 - Form 6-K
- SHOP's page on the SEC website