Shopify (NYSE:SHOP) Posts Earnings Results, Misses Estimates By $0.10 EPS

Shopify (NYSE:SHOP) (TSE:SHOP) released its quarterly earnings results on Tuesday. The software maker reported $0.34 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.10), Zacks reports. Shopify had a return on equity of 11.60% and a net margin of 16.84%. Shopify updated its Q1 2025 guidance to EPS.

Shopify Stock Down 2.5 %

SHOP stock opened at $120.46 on Thursday. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.09. The firm has a 50-day moving average of $111.29 and a two-hundred day moving average of $91.82. The company has a market cap of $155.65 billion, a price-to-earnings ratio of 112.58, a PEG ratio of 2.49 and a beta of 2.47. Shopify has a 12 month low of $48.56 and a 12 month high of $125.95.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SHOP. DZ Bank downgraded shares of Shopify from a “hold” rating to a “sell” rating in a research report on Thursday, November 21st. Loop Capital raised Shopify from a “hold” rating to a “buy” rating and upped their price target for the stock from $110.00 to $140.00 in a research report on Friday, December 6th. Piper Sandler increased their price target on Shopify from $94.00 to $104.00 and gave the company a “neutral” rating in a research note on Wednesday. Mizuho increased their price objective on shares of Shopify from $68.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, November 13th. Finally, Wedbush reissued an “outperform” rating and set a $125.00 target price on shares of Shopify in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $125.14.

Shopify Company Profile

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.