KeyBanc Capital Markets resumed coverage on Shopify with a new price target
$SHOP
Computer Software: Prepackaged Software
Technology
KeyBanc Capital Markets resumed coverage of Shopify with a rating of Overweight and set a new price target of $80.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/17/2024 | $99.00 | Neutral → Buy | Redburn Atlantic |
| 9/5/2024 | $70.00 | Neutral | Cantor Fitzgerald |
| 8/9/2024 | Hold → Sell | DZ Bank | |
| 7/25/2024 | $80.00 | Overweight | KeyBanc Capital Markets |
| 7/16/2024 | $80.00 | Outperform | Wolfe Research |
| 7/16/2024 | $78.00 → $82.00 | Neutral → Buy | BofA Securities |
| 6/26/2024 | $95.00 → $96.00 | Buy | Citigroup |
| 6/14/2024 | $75.00 | In-line → Outperform | Evercore ISI |
144 - SHOPIFY INC. (0001594805) (Subject)
6-K - SHOPIFY INC. (0001594805) (Filer)
6-K - SHOPIFY INC. (0001594805) (Filer)
Deep-pocketed investors have adopted a bearish approach towards Shopify (NYSE:SHOP), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SHOP usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Shopify. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 22% leaning bullish and 55% bearish. Among these notable options, 3 are put
Piper Sandler analyst Clarke Jeffries maintains Shopify (NYSE:SHOP) with a Neutral and raises the price target from $63 to $67.
SC 13G/A - SHOPIFY INC. (0001594805) (Subject)
SC 13G/A - SHOPIFY INC. (0001594805) (Subject)
SC 13G/A - SHOPIFY INC. (0001594805) (Subject)
4 - SHOPIFY INC. (0001594805) (Reporting)
4 - SHOPIFY INC. (0001594805) (Reporting)
4 - SHOPIFY INC. (0001594805) (Reporting)
Internet, Everywhere--(Newsfile Corp. - October 22, 2024) - Shopify Inc. ((NYSE, TSX:SHOP) plans to announce financial results for its third quarter, which ended September 30, 2024, before markets open on Tuesday, November 12, 2024.Shopify's management team will host a conference call to discuss the third-quarter results at 8:30 a.m. ET on Tuesday, November 12, 2024. The conference call will be available via webcast on the investor relations section of Shopify's website at https://investors.shopify.com/news-and-events/.An archived replay of the webcast will be available following the conclusion of the call.About ShopifyShopify is the leading global commerce company that provides essential in
Revenue up 21%, and up 25% Adjusting for the Sale of Our Logistics Businesses;Gross Profit up 25% Year Over Year;Free Cash Flow Margin More Than Doubled Year Over Year to 16% Internet, Everywhere--(Newsfile Corp. - August 7, 2024) - Shopify Inc. ((NYSE, TSX:SHOP), announced today financial results for the quarter ended June 30, 2024."Our Q2 results make it clear: Shopify is rapidly strengthening its position as a leading enabler of global commerce and entrepreneurship," said Harley Finkelstein, President of Shopify. "More and more merchants across the world are putting their trust in Shopify's unified commerce operating system to fuel growth and simplify complex operations. We're fully commi
Internet, Everywhere--(Newsfile Corp. - July 17, 2024) - Shopify Inc. ((NYSE, TSX:SHOP), a provider of essential internet infrastructure for commerce, plans to announce financial results for its second quarter, which ended June 30, 2024, before markets open on Wednesday, August 7, 2024. Shopify's management team will host a conference call to discuss the second-quarter results at 8:30 a.m. ET on Wednesday, August 7, 2024. The conference call will be available via webcast on the investor relations section of Shopify's website at https://investors.shopify.com/news-and-events/.An archived replay of the webcast will be available following the conclusion of the call.About ShopifyShopify is the le
Redburn Atlantic upgraded Shopify from Neutral to Buy and set a new price target of $99.00
Cantor Fitzgerald initiated coverage of Shopify with a rating of Neutral and set a new price target of $70.00
DZ Bank downgraded Shopify from Hold to Sell
Internet, Everywhere--(Newsfile Corp. - June 5, 2024) - Shopify Inc. ((NYSE, TSX:SHOP), a provider of essential internet infrastructure for commerce, announced today the results of its annual meeting of shareholders (the "Meeting") held on June 4, 2024. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP were appointed as the Company's auditors. Shareholders approved the third amendment and restatement of the Company's Long Term Incentive Plan and approved all unallocated awards under the Company's Long Term Incentive Plan and Stock Option Plan, as amended. In addition, shareholders approved the advisory resolution on the Company's approach to executiv
TORONTO, Feb. 5, 2024 /PRNewswire/ - Jobber, the leading provider of operations management software for home service businesses, today announced that global finance veteran Amy Shapero has been appointed to its board of directors as Audit Committee Chair. Shapero brings extensive finance, strategy, and operating experience in mission-driven, high-growth companies developing disruptive technology to level the playing field for small and medium-sized businesses. She most recently served for nearly five years as CFO at Shopify (NYSE:SHOP) (TSX:SHOP) ("Shopify"), a leading global
Faire, the world's leading B2B retail marketplace, announced today a new global partnership with Shopify (NYSE:SHOP) that establishes Faire as the recommended wholesale marketplace for Shopify, which powers millions of merchants around the world. This partnership brings together two world-class category leaders in retail and commerce to expand Shopify's B2B offerings and help drive growth for the brands and independent retailers the two companies serve. As part of the deal, Shopify will also become a Faire shareholder, demonstrating the global commerce leader's long-term commitment to the partnership. "At Faire we have long admired Shopify's like-minded approach to building tools that emp
Internet, Everywhere--(Newsfile Corp. - October 22, 2024) - Shopify Inc. ((NYSE, TSX:SHOP) plans to announce financial results for its third quarter, which ended September 30, 2024, before markets open on Tuesday, November 12, 2024.Shopify's management team will host a conference call to discuss the third-quarter results at 8:30 a.m. ET on Tuesday, November 12, 2024. The conference call will be available via webcast on the investor relations section of Shopify's website at https://investors.shopify.com/news-and-events/.An archived replay of the webcast will be available following the conclusion of the call.About ShopifyShopify is the leading global commerce company that provides essential in
Internet, Everywhere--(Newsfile Corp. - September 6, 2024) - Shopify Inc. ((NYSE, TSX:SHOP), announced today that Tobias Lütke, Shopify's Chief Executive Officer, has adopted an automatic securities disposition plan ("ASDP"), in accordance with securities laws and Shopify's internal policies, with sales of Class A Subordinate Voting Shares ("Class A Shares") under the plan eligible to commence on or after September 17, 2024. The Ontario Securities Commission issued a decision exempting Mr. Lütke from the prospectus requirements under Canadian securities legislation with respect to sales of Class A Shares under the ASDP. This announcement is made pursuant to the requirements of that decision.
Revenue up 21%, and up 25% Adjusting for the Sale of Our Logistics Businesses;Gross Profit up 25% Year Over Year;Free Cash Flow Margin More Than Doubled Year Over Year to 16% Internet, Everywhere--(Newsfile Corp. - August 7, 2024) - Shopify Inc. ((NYSE, TSX:SHOP), announced today financial results for the quarter ended June 30, 2024."Our Q2 results make it clear: Shopify is rapidly strengthening its position as a leading enabler of global commerce and entrepreneurship," said Harley Finkelstein, President of Shopify. "More and more merchants across the world are putting their trust in Shopify's unified commerce operating system to fuel growth and simplify complex operations. We're fully commi