Analyst downgrades Shopify on valuation despite strong Q3 results

2 days ago · November 14, 2024 at 12:57PM EST. Martin Toner, director of institutional research at ATB Capital Markets, says the forecast for Shopify's growth has improved. One analyst …

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Shopify Shares Rise On Q3 Earnings Beat: Is The Stock A Buy?

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4 days ago · Following third-quarter 2024 results, SHOP shares increased 21.04% to close at $108.92 on Tuesday. Shopify shares have appreciated 39.8% year to date, outperforming the …

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Shopify’s (NYSE:SHOP) Q3: Beats On Revenue, Stock Jumps 14.5%

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4 days ago · This quarter, Shopify reported robust year-on-year revenue growth of 26.1%, and its $2.16 billion of revenue topped Wall Street estimates by 2.2%. Looking ahead, sell-side …

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Shopify (SHOP) Q3 2024 Earnings Call Transcript - The Motley Fool

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4 days ago · Q3 gross profit was $1.1 billion for the quarter, up 24% year over year. Our Q3 gross margin was 51.7%, compared to 52.6% in the prior year. Subscription solutions gross margin …

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Shopify Q3 Earnings: Strong Growth Momentum Continues, But …

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2 days ago · Shopify's Q3 FY2024 earnings indicate strong underlying demand. ... delivered strong 3Q FY2024 earnings results, ... its EV/Sales TTM has surged nearly 70% since my last …

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Shopify (SHOP) Q3 Earnings Report Preview: What To Look For

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5 days ago · Shopify is up 5.2% during the same time and is heading into earnings with an average analyst price target of $75.86 (compared to the current share price of $87.99).

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Shopify Earnings Momentum Accelerates Before Holiday Season

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5 days ago · Track all markets on TradingView. In the three months ended September 30, Shopify's revenue increased 26.1% year over year to $2.2 billion, boosted by a 24% surge in …

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Shopify Reports Strong Q3 2024 Financial Growth - Markets Insider

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4 days ago · In its latest earnings report for the quarter ending September 30, 2024, Shopify Inc. announced a strong financial performance, highlighted by a 26% revenue growth and a 19% …

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Shopify Announces Third-Quarter 2023 Financial Results

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Nov 2, 2023 · Monthly Recurring Revenue3 ("MRR") as of September 30, 2023 increased 32% to $141 million compared to the prior year, driven by continued growth across all of our …

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Shopify Analysts Boost Their Forecasts Following Q3 Earnings Results

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3 days ago · Shopify Inc NYSE:SHOP reported better-than-expected third-quarter sales on Tuesday.Shopify clocked fiscal third-quarter 2024 revenue growth of 26% year-over-year to …

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Shopify Earnings: A Good Quarter, But Not Enough To Justify The …

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3 days ago · The 21% daily jump of Shopify's share price following the Q3 2024 results seems excessive. Better-than-expected revenue growth and the strong guidance for next quarter are …

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Shopify To Report Q3 Earnings: Is The Stock A Portfolio Must-Have?

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Nov 7, 2024 · SHOP. Shopify SHOP is scheduled to report its third-quarter 2024 results on Nov. 12. For the to-be-reported quarter, Shopify expects revenue growth at a low to mid-20% range …

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Prediction: Nvidia Stock Is Going To Stall Out On Nov. 20

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1 day ago · All eyes are on Wall Street's AI darling Nvidia, which will unveil its quarterly operating results on Nov. 20. The party may be coming to an end for Nvidia following a $3.3 trillion …

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