NYSE - Delayed Quote • USD
Shopify Inc. (SHOP)
At close: 4:00 PM EDT
After hours: 6:09 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 32 | 28 | 39 | 38 |
| Avg. Estimate | 0.17 | 0.23 | 1.03 | 1.34 |
| Low Estimate | 0.11 | 0.16 | 0.59 | 0.75 |
| High Estimate | 0.33 | 0.44 | 2.06 | 2.38 |
| Year Ago EPS | 0.01 | 0.14 | 0.73 | 1.03 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 36 | 35 | 45 | 42 |
| Avg. Estimate | 1.84B | 2.02B | 8.56B | 10.28B |
| Low Estimate | 1.81B | 1.96B | 8.29B | 9.6B |
| High Estimate | 1.91B | 2.09B | 8.9B | 10.95B |
| Year Ago Sales | 1.43B | -- | 7.06B | 8.56B |
| Sales Growth (year/est) | 28.90% | -- | 21.30% | 20.10% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | -0.04 | 0.05 | 0.14 | 0.31 |
| EPS Actual | 0.01 | 0.14 | 0.24 | 0.34 |
| Difference | 0.05 | 0.09 | 0.1 | 0.03 |
| Surprise % | 125.00% | 180.00% | 71.40% | 9.70% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.17 | 0.23 | 1.03 | 1.34 |
| 7 Days Ago | 0.17 | 0.23 | 1.02 | 1.33 |
| 30 Days Ago | 0.17 | 0.23 | 1.03 | 1.34 |
| 60 Days Ago | 0.17 | 0.23 | 1.02 | 1.34 |
| 90 Days Ago | 0.21 | 0.25 | 1.05 | 1.38 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 2 | -- | 2 | 2 |
| Up Last 30 Days | 3 | 1 | 4 | 5 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | 2 | 1 | 1 |
Growth Estimates
| CURRENCY IN USD | SHOP | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 1,600.00% | -- | -- | 1.60% |
| Next Qtr. | 64.30% | -- | -- | 10.50% |
| Current Year | 41.10% | -- | -- | 5.20% |
| Next Year | 30.10% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 59.89% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 38.29% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Upgrade | Morgan Stanley: Equal-Weight to Overweight | 4/19/2024 |
| Reiterates | Needham: Hold | 4/16/2024 |
| Maintains | Loop Capital: Hold to Hold | 4/15/2024 |
| Maintains | Piper Sandler: Underweight to Underweight | 4/11/2024 |
| Maintains | Baird: Outperform to Outperform | 4/3/2024 |
| Maintains | Goldman Sachs: Neutral to Neutral | 2/29/2024 |
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