Where Will Shopify Stock Be in 5 Years? [Yahoo! Finance]
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Global-E Online Ltd. - ordinary shares (GLBE)
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Source: Yahoo! Finance
And Shopify (NYSE: SHOP) offers investors exposure to the small business side of the equation through its storefront creation platform. Let's dig deeper into what the next five years could have in store for the company A business in recovery mode Like many online-focused companies, Shopify's business and stock price boomed during the COVID-19 pandemic, with the latter hitting an all-time high of $169 in late 2021 ( stock split adjusted ). At the time, more small businesses were signing up for Shopify's platform to meet surging stay-at-home demand for goods and services. But eventually, a combination of slowing growth, rising interest rates, and inflation made the market sour. Shopify's growth stalled, and its stock price collapsed throughout 2022. And while the company has begun digging itself out of the hole, it is still down 66% from its all-time high. Weaker-than-expected first-quarter results have done little to improve the situation. Shopify's revenue grew by a healthy
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News
- 1 Unstoppable Growth Stock Trading at a Price You May Never See Again [Yahoo! Finance]Yahoo! Finance
- Global-E Online Ltd. (NASDAQ: GLBE) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $46.00 price target on the stock.MarketBeat
- Global-E Online First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Global-E Online Ltd. (NASDAQ: GLBE) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $46.00 price target on the stock.MarketBeat
- Global-E Online Ltd. (NASDAQ: GLBE) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $41.00 price target on the stock.MarketBeat
GLBE
Earnings
- 5/20/24 - Beat
GLBE
Sec Filings
- 6/21/24 - Form 6-K
- 6/11/24 - Form 144
- 6/6/24 - Form 144
- GLBE's page on the SEC website