Equities Analysts Offer Predictions for Shopify Q1 Earnings

Shopify Inc. (NYSE:SHOP) (TSE:SHOP) – Investment analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Shopify in a report issued on Wednesday, February 12th. DA Davidson analyst G. Luria forecasts that the software maker will post earnings of $0.16 per share for the quarter. DA Davidson has a “Buy” rating and a $150.00 price objective on the stock. The consensus estimate for Shopify’s current full-year earnings is $0.91 per share. DA Davidson also issued estimates for Shopify’s FY2025 earnings at $1.09 EPS.

Several other equities research analysts have also commented on the stock. Oppenheimer boosted their price objective on shares of Shopify from $130.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday. New Street Research began coverage on shares of Shopify in a report on Friday, January 10th. They issued a “neutral” rating and a $115.00 price target on the stock. Loop Capital raised shares of Shopify from a “hold” rating to a “buy” rating and raised their price objective for the stock from $110.00 to $140.00 in a research note on Friday, December 6th. Atb Cap Markets downgraded Shopify from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Scotiabank increased their target price on Shopify from $115.00 to $120.00 and gave the company a “sector perform” rating in a report on Wednesday. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Shopify presently has an average rating of “Moderate Buy” and a consensus price target of $125.14.

Shopify Stock Up 5.9 %

SHOP opened at $127.65 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 7.10 and a current ratio of 7.10. The company has a market cap of $164.93 billion, a price-to-earnings ratio of 119.30, a PEG ratio of 2.49 and a beta of 2.47. Shopify has a one year low of $48.56 and a one year high of $128.00. The business’s fifty day moving average is $111.43 and its two-hundred day moving average is $92.02.

Shopify (NYSE:SHOP) (TSE:SHOP) last announced its quarterly earnings results on Tuesday, February 11th. The software maker reported $0.34 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.10). Shopify had a return on equity of 11.60% and a net margin of 16.84%.

Institutional Investors Weigh In On Shopify

A number of institutional investors have recently modified their holdings of the stock. Tidemark LLC increased its holdings in Shopify by 3.6% in the fourth quarter. Tidemark LLC now owns 2,592 shares of the software maker’s stock valued at $276,000 after buying an additional 90 shares during the last quarter. Howland Capital Management LLC raised its position in shares of Shopify by 2.0% during the 4th quarter. Howland Capital Management LLC now owns 4,949 shares of the software maker’s stock valued at $526,000 after acquiring an additional 99 shares in the last quarter. Trust Co. of Vermont boosted its holdings in Shopify by 9.9% in the fourth quarter. Trust Co. of Vermont now owns 1,114 shares of the software maker’s stock worth $118,000 after purchasing an additional 100 shares during the period. First United Bank & Trust increased its stake in Shopify by 2.2% during the fourth quarter. First United Bank & Trust now owns 4,590 shares of the software maker’s stock valued at $488,000 after purchasing an additional 100 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC raised its holdings in shares of Shopify by 50.0% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the software maker’s stock worth $32,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 69.27% of the company’s stock.

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.