Related posts

Oil climbs, stocks stabilizeWild ThursdayMarkets flat, Reddit trade returns
Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

The reviews regarding Shopify Inc. present a mixed but cautiously optimistic outlook for the company's upcoming performance. While some experts note concerns about past spending issues that led to a disappointing earnings report, many are betting on the potential positive impact of the recent upgrades and supportive economic conditions. The company's stock, currently trading around $63, has seen significant declines, leading to suggestions that it may be a good time to buy, especially with a projected 12-month price target reaching up to $82. Analysts recommend a strategic buying approach, taking advantage of current price dips and expressing a belief that Shopify may have a favorable runway despite some looming uncertainties.

Consensus
Buy
Valuation
Undervalued
BUY

It's THE portal for small/mid-cap companies, which are the bellwether of the economy. They report next week.

BUY

It reports next week. Extra spending and rate cuts are paying off. He likes it.

BUY

It's been going down so much, now at $63 that it's worth buying.

WAIT

It missed its last quarter, due to spending issues. Wait till the next report to see if they have resolved that.

PARTIAL BUY

Upgraded to Buy today at Goldman Sachs, giving the stock a bit of oomph. When it recently reported, guidance showed some clouds on horizon. Nice runway. 12-month price target of $81.75. Buy in thirds here around $59, $56, and $53.

TRADE

12-month price target of $82. 60% off its highs. Must actively manage by trimming and adding, which adds alpha to your portfolio. 

PARTIAL SELL

He's been trimming. 12-month price target of $82, stock's banging up against that. He's still holding onto about 3.5%. Beat on top and bottom in February. Kept guidance, which many haven't. Operating margin still extremely strong. Incorporating generative AI tools. Trim, and look to get in around $73.50 and under $70.

HOLD

Don't sell at current levels, and don't freak out if this decline 5-6 points, because it has gone up so much. There'll always be profit-takers. SHOP is doing everything right for small/medium businesses. Stay long.

BUY

Its retail partners reported record Black Friday revenues.

PARTIAL BUY

It's the small/medium-sized Amazon for fulfillment. The CEO is doing a great job, but it's a hard stock to own, but long-term it will be fine.

BUY

Is up nearly 190% from its lows, still 61% below is 2021 peak. Is profitable and has tremendous earnings growth in coming years.

BUY

Has run up 72% from the bottom. Has long liked this stock. It's the Amazon for the Small Guy. It will recover.

DON'T BUY
Shares plunging on weak guidance

Expectations were too high heading to today's quarter. Could see problems with consumers and remember that recessions hit small businesses harder. But it's a good, long-term story and an important player in e-commerce. Leave this alone for a while.

SELL
They had a strong Christmas season with record numbers, but a wider slowdown ahead will be negative for SHOP, which is tied to retail sales. He sold his small position. Remains an innovative company with a long growth period ahead. He will look at this again next summer.
BUY
A pandemic darling with shares (the US stock) peaking at $176 last November and trading in the $30s today. Yesterday, SHOP announced it will lay off 10% of its workforce and today its report fell short of expectations at every major line. Management even said things will get worse this quarter before improving by the holidays. And yet, shares jumped 12% today. Why? The bad news was already baked in. Will be in far better shape 12 months from now.
Showing 1 to 15 of 39 entries

Shopify Inc(SHOP-N) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Shopify Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Shopify Inc(SHOP-N) Frequently Asked Questions

What is Shopify Inc stock symbol?

Shopify Inc is a American stock, trading under the symbol SHOP-N on the New York Stock Exchange (SHOP). It is usually referred to as NYSE:SHOP or SHOP-N

Is Shopify Inc a buy or a sell?

In the last year, 4 stock analysts published opinions about SHOP-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Shopify Inc.

Is Shopify Inc a good investment or a top pick?

Shopify Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Shopify Inc.

Why is Shopify Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Shopify Inc worth watching?

4 stock analysts on Stockchase covered Shopify Inc In the last year. It is a trending stock that is worth watching.

What is Shopify Inc stock price?

On 2025-04-03, Shopify Inc (SHOP-N) stock closed at a price of $82.52.