Shopify Stock's Outlook: Is A Rebound Possible In The Rest Of 2022? [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
JHVEPhotoElevator PitchI continue to rate Shopify Inc.'s (NYSE:SHOPMay 31, 2022, update2022. I evaluate the prospects of a share price recovery for Shopify in the second half of this year with this latest article.There is a good possibility of a rebound in SHOP's stock price for the rest of 2022, as I am of the view that Shopify's GMV, revenue, and operating losses for the second half of the current year should surprise the market in a positive way. In the long run, I am optimistic that SHOP's take rate can rise further from the 1.98% it registered in Q2 2022. These factors provide support for my positive view and Buy rating for Shopify.SHOP Stock Key MetricsAs a start, I will assess SHOP's key metrics for the most recent quarter.Shopify released the company'sQ2 2022 financial resultsRevenue growth for SHOP slowed from +57% YoY in Q2 2021 and +22% YoY in Q1 2022 to +16% YoY for Q2 2022. Furthermore, the company's actual Q2 2022 top line of $1,295 million turned out to be 3% lower than
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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 Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $85.00 price target on the stock, up previously from $74.00.MarketBeat
- How will the changes to capital gains in Canada affect tech sector? [MoneySense]MoneySense
- Why the Market Dipped But Shopify (SHOP) Gained Today [Yahoo! Finance]Yahoo! Finance
- Tech industry warns capital gains proposals could cause ‘irreparable harm’ [Investment Executive - News]Investment Executive - News
- Shopify Inc. (NYSE: SHOP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
SHOP
Earnings
- 2/13/24 - Beat
SHOP
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- SHOP's page on the SEC website