will shopify stock go up - Search
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    Shopify's Q1 results beat expectations with adjusted earnings of $0.20 per share and revenues of $1.86 billion. However, the stock is trading under significant selling pressure, and we see a variety of technical signals that could point toward a significant decline in share prices going forward.
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    Shopify's Q1 results beat expectations with adjusted earnings of $0.20 per share and revenues of $1.86 billion. However, the stock is trading under significant selling pressure, and we see a variety of technical signals that could point toward a significant decline in share prices going forward.
    seekingalpha.com/article/4695332-shopify-falling-h…
    In an analyst note on Wednesday afternoon, Oppenheimer reaffirmed its outperform rating on Shopify and its price target of roughly $90, implying an upside of roughly 45% from Thursday's prices.
    www.fool.com/investing/2024/05/09/is-shopify-stoc…
    For a stock trading at a high price-to-sales ratio of 12, Shopify hit all the right notes in its latest update. The company should continue to see healthy margins and growing free cash flow over the long term, which could push the stock to new highs.
    www.fool.com/investing/2023/11/02/why-shopify-st…
    Shopify stock trades at more expensive valuations than it did at the start of last year, so it's fair for investors to wonder if they've missed the boat. If the current valuation ratios have priced in too much going right in the future, then there won't be much upside potential unless the stock tumbles.
    www.msn.com/en-us/money/other/is-it-too-late-to-b…
     
  3. People also ask
    Is Shopify a good stock to buy this year?Shopify Inc. ( NYSE: SHOP) stock has been on a tear this year, rising more than 78%, beating all major stock market indexes handsomely. It was hard to be a tech investor last year, but it has been equally rewarding to be one this year.
    Why is Shopify's share price falling?Photo: Burdun Iliya / Shutterstock.com The share price of e-commerce platform Shopify (SHOP) has been in free-fall since it reached an all-time high in November 2021. The price has dropped more than 70% year-to-date ( YTD ), in line with a broad-based decline in technology stocks on concerns about the health of the global economy.
    Is Shopify stock up 40% this year?Shopify Stock Is upOver 40% This Year. How Much Higher Can It Go? 2023 is so far providing a platform for turnaround stories. Shopify ( NYSE:SHOP) appears to be one such name benefiting from a change in sentiment; the shares are already up by 44% year-to-date, with 24% of those gains delivered in this week's trading.
    Did you miss out on Shopify stock?Investors have some good reasons to believe that they've missed out on Shopify (NYSE: SHOP) stock. The e-commerce platform specialist's shares have more than doubled this year, easily outpacing the 37% rally in the Nasdaq Composite index. Soaring gains like that increase the risk that optimism has gotten out of hand on Wall Street.
     
  4. Shopify Inc (NYSE: SHOP)

    58.37
    USD +0.18 (+0.31%)
    See more on MSN · Data from Refinitiv · Price in USD · Market closed · Disclaimer
    See more about SHOP Stock
  5. WEBShopify Inc. Share. $58.19. After Hours: $58.15. (0.069%) -0.040. Closed: May 28, 7:58:36 PM GMT-4 · USD · NYSE · Disclaimer. 1D. 5D. 1M. 6M. YTD. 1Y. 5Y. MAX. search Compare to. NVIDIA Corp....

  6. WEBNov 12, 2021 · Today's Change. (-1.16%) -$0.67. Current Price. $56.97. Price as of May 24, 2024, 4:00 p.m. ET. Will the online retail star be the next big meme stock? What happened. Shares of Shopify ( SHOP...

  7. WEBMay 17, 2021 · 16 Likes. Julian Lin. Investing Group Leader. Follow. Summary. SHOP grew revenues by 110% in this latest quarter - yet another stunning performance. SHOP has established itself as the clear...

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