
Shopify Inc (SHOP) Stock Forecast & Price Target
Shopify Inc (SHOP) Analyst Ratings
Bulls say
Shopify has demonstrated robust growth with Merchant Solutions revenue increasing 38% year-over-year to $2.145 billion, outpacing estimates and indicating strong demand for its e-commerce services. The company's Gross Merchandise Volume (GMV) saw significant contributions from various channels, with Offline GMV up 31% year-over-year and a 49% year-over-year surge in European GMV, showcasing the expanding international market presence. Furthermore, management's positive outlook on future revenue estimates for 2025 and 2026, alongside strategic growth in Shopify Payments, which reached 65% GMV penetration, reinforces a favorable long-term growth trajectory for the firm.
Bears say
The analysis of Shopify's recent financial performance reveals several concerning factors that contribute to a negative outlook on the company's stock. Despite a year-over-year increase in gross profit dollars of 24%, the decline in Non-GAAP gross margins to 49.1% reflects challenges in maintaining profitability amidst evolving market conditions. Additionally, the deceleration in subscription growth from 17% to 15% not only highlights the difficulty in sustaining momentum within this segment but also raises concerns about the firm's competitive positioning and the impact of market dynamics on future revenue growth.
This aggregate rating is based on analysts' research of Shopify Inc and is not a guaranteed prediction by Public.com or investment advice.
Shopify Inc (SHOP) Analyst Forecast & Price Prediction
Start investing in Shopify Inc (SHOP)
Order type
Buy in
Order amount
Est. shares
0 shares