CANADA STOCKS-TSX climbs as tech stocks power broader recovery
TSX closes up 0.64% as tech, healthcare shares lead gains. Canada's main stock index climbs to its highest level in over a week. The Toronto Stock Exchange's S&P/TSX composite index closed up 139.76 points, or 0. 64% Tech, healthcare stocks power broader recovery. Investors looking forward to earnings packed week in the U.S.
Reuters · 1d ago
Shopify Inc. Cl A Stock Rises Tuesday, Outperforms Market
Shares of Shopify Inc. Cl A SHOP advanced 4.60% to C$101.10 on Tuesday. Shopify closed below its 52-week high of C$123.20. The S&P/TSX Composite Index rose 0.64% to 22,011.72.
MarketWatch · 1d ago
Shopify incentivizes employees to improve skills for higher pay - report (update)
Consumer Shopify incentivizes employees to improve skills for higher pay - report. Shopify is assigning scores to its 8,300 employees representing their skill level. Last quarter, the company increased revenue by 24% year-over-year. Shares of Shopify are up 41% in the past year.
Seeking Alpha · 1d ago
Shopify Stock: Don't Buy The Dip Just Yet
Shopify's financial growth is impressive, but investors should exercise caution due to the company's valuation. The company's cost-cutting measures and improved free cash flow are positive indicators, but slowing top-line growth is a problem. Shopify is a cloud-based commerce platform for small and medium-sized businesses. I recommend waiting for a 20-25% correction before buying the current dip.
Seeking Alpha · 1d ago
Why Shopify (SHOP) Stock Is Up Today
Shares of e-commerce software platform Shopify jumped 5.6% in the afternoon session. The company reported a strong quarter and beat expectations. The start of earnings season may be spurring dip buying. Shopify is up 0.8% since the beginning of the year but is still 18% below its 52-week high.
Barchart · 1d ago
RBC Capital Remains a Buy on Shopify (SHOP)
TipRanks · 1d ago
RBC on Canadian Tech Calendar Q1 Preview
Forward News · 2d ago
Shopify’s Strong Fundamentals and Conservative Guidance Justify Overweight Rating and $85 Price Target
TipRanks · 2d ago
Weekly Report: what happened at SHOP last week (0415-0419)?
Weekly Report · 2d ago
1 Wall Street Analyst Thinks Shopify Stock Is Going to $85. Is It a Buy at Around $69?
Morgan Stanley upgraded e-commerce giant Shopify to overweight from hold and raised its price target to $85 per share. The company has reported annual revenue gains of 20% or better since mid-2020. Morgan Stanley says the growth rate could continue through 2030. Shopify is responsible for around 11% of total e- commerce in America.
The Motley Fool · 4d ago
Shopify Inc. Cl A Stock Rises Friday, Still Underperforms Market
Shares of Shopify Inc. Cl A SHOP inched 0.03% higher to C$95.82 on Friday. The company closed below its 52-week high of C$123.20. The S&P/TSX Composite Index rose 0.46% to 21,807.37.
MarketWatch · 5d ago
Shopify is tightening up on hiring. One analyst likes the stock more as a result.
MarketWatch · 5d ago
Can Shopify (SHOP) Keep the Earnings Surprise Streak Alive?
NASDAQ · 5d ago
Shopify's Move Up Market, International Traction Should Boost Growth -- Market Talk
Morgan Stanley's Keith Weiss upgrades the stock's rating to overweight from equal-weight. Weiss raises his price target to $85. Shares rise 0.8% to $70.05. The analyst says Shopify could be in line to do better than analysts expect in 2024.
Dow Jones · 5d ago
BUZZ-Shopify rises on report Morgan Stanley turns bullish
U.S-listed shares of Shopify up 2.6% at $71.35 after report Morgan Stanley turns bullish on Canadian e-commerce firm. Morgan Stanley upgrades Shopify to "overweight" from "equal weight", boosts PT by $11 to $85. Shopify shares rise for 4th straight session.
Reuters · 5d ago
Netflix To Rally Around 31%? Here Are 10 Top Analyst Forecasts For Friday
Wells Fargo cut the price target for Sunnova Energy International Inc. From $11 to $6. Netflix, Inc. Shares fell 0.5% to close at $610. Jefferies slashed Ulta Beauty, Inc.'s price target from $585 to $438. UBS increased the price targets for Dell Technologies and Tractor Supply.
Benzinga · 5d ago
Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
Shopify (SHOP) has recently been on's list of the most searched stocks. Shares of this cloud-based commerce company have returned -12.7% in the past month. Shopify is expected to post earnings of $0.16 per share for the current quarter.
Forward News · 5d ago
4 stocks to watch on Friday: PG, AXP and more
Seeking Alpha · 5d ago
Shopify rallies after Morgan Stanley says valuation is reasonable again
Consumer Shopify rallies after Morgan Stanley says valuation is reasonable again. Morgan Stanley boosted its rating on the e-commerce stock to Overweight from Equal-weight. The firm thinks Shopify (SHOP) is well-positioned to sustain +20% CAGR through FY30. Shopify rose 2.88% in premarket trading.
Seeking Alpha · 5d ago
S&P 500 Futures Decline In Premarket Trading; Paramount Global, Revolution Medicines Lead
U.S. Stock markets set to open in two hours. Paramount Global was up 9.6% in pre-market trading. S&P 500 futures were down 0.33% in early trading. Stocks in Asia were down overnight. Bitcoin was up 1.95% to $64,785.
Barron‘s · 5d ago
Webull provides a variety of real-time SHOP stock news. You can receive the latest news about Shopify Inc through multiple platforms. This information may help you make smarter investment decisions.
About SHOP
Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.