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Shopify operates an e-commerce platform for retailers. It's not a third-party platform like Amazon (NASDAQ: AMZN), but it provides white-label e-commerce solutions for business clients.
Shopify (NYSE: SHOP) remains one of the worst-performing stocks in the tech sector. Shares are down over 65% in 2022, have tumbled 73% from the all-time high hit last November, and they've lost 20 ...
Shopify is reporting a net loss in 2023 year to date, but let's assume it can deliver a 20% profit margin by 2026. At those levels, the stock would trade at a price-to-earnings ratio (P/E) of 38.
On March 31, Shopify (NASDAQ: SHOP) removed its U.S. shares from the New York Stock Exchange and relisted them on the Nasdaq Stock Exchange. The company did not give an explicit reason for the ...
Shopify (SHOP) provides businesses with an e-commerce platform to build online stores. Its stock's meteoric rise has been nothing short of remarkable. Shopify stock recently hit a new all-time ...
Shopify (NYSE:SHOP) stock has performed well so far this year. That’s not surprising. A combination of better-than-expected results in recent quarters, alongside excitement over potential AI ...
Shopify (NYSE: SHOP) stock has gone on a wild ride over the last few years. Coming out of the worst of the pandemic, shares shot up over 400% due to the huge growth in demand for its e-commerce ...
The second reason Shopify stock is that it is just beginning to benefit from artificial intelligence (AI). There's reason to believe AI will add big value to the company in the months and years ...
But with Shopify, if you run the numbers, all this and more seems to be priced into the stock right now. Over the last 12 months, Shopify has generated $3.25 billion in gross profit.
Shopify is also a company that's now minting cash flow and earnings. Currently, SHOP stock trades around 60x earnings, which is relatively attractive, given this company's growth profile.
Shopify lost $189 million, or 11% of sales, in the fourth quarter. That's an improvement over the prior quarter's 25%, but it is still a sharp decline compared to 2021, when the company was ...
Investors in Shopify (NYSE: SHOP), a leading e-commerce company, have had a nerve-racking ride lately. The pandemic propelled the stock to an all-time high of $169 in 2021, but the economy's ...
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