Wednesday's analyst upgrades and downgrades for June 26, 2024 [Globe and Mail, The (Toronto, Canada)]
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: Globe and Mail, The
Touting it as a “good idea” for investors to take advantage of a likely rebound in the North American application software industry, Citi analyst Tyler Radke added Shopify Inc. SHOP-N SHOP-T ) to the firm's “U.S. Focus List” on Wednesday, believing “the stock's event path [is] offering accelerating (albeit mechanical) revenue growth in 2H24 with profitability set to inflect in 2025.” In a research report titled On the Right Side of AI, Growth and Margins Heading into 2025 , Mr. Radke said he sees the Ottawa-based e-commerce giant enjoying 63-per-cent year-over-year earnings before interest and taxes (EBIT) growth in the current fiscal year, narrowly above the consensus expectation on the Street. “Shopify also avoids the ongoing macro/AI-induced budget uncertainty as more of a ‘downstream beneficiary' of AI trends ... In addition, we're encouraged by recent eCommerce trends that have shown more resilience in May, which is a positive. We raise our estimates on slightly lower spendi
Show less
Read more
Impact Snapshot
Event Time:
SHOP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SHOP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SHOP alerts
High impacting Shopify Inc. Class A Subordinate Voting Shares news events
Weekly update
A roundup of the hottest topics
SHOP
News
- Shopify Inc. (NYSE: SHOP) had its "neutral" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $70.00 price target on the stock.MarketBeat
- Why This 1 Computer and Technology Stock Could Be a Great Addition to Your Portfolio [Yahoo! Finance]Yahoo! Finance
- YouTube Advances Into Asia Online Shopping With Sea's Shopee [Yahoo! Finance Canada]Yahoo! Finance Canada
- Shopify Inc. (NYSE: SHOP) was upgraded by analysts at Redburn Atlantic from a "neutral" rating to a "buy" rating. They now have a $99.00 price target on the stock.MarketBeat
- TD launches e-commerce platform aimed to compete with Shopify [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
SHOP
Earnings
- 8/7/24 - Beat
SHOP
Sec Filings
- 9/25/24 - Form 144
- 9/20/24 - Form 144
- 9/20/24 - Form 144
- SHOP's page on the SEC website