SHOP Stock Recent News

Shopify is poised to continue benefiting from the growth of online shopping. The business is aiming to meaningfully improve its earnings potential.

Cathie Wood bought shares of DraftKings, Shopify, and Tempus AI on Monday. DraftKings is boosting its revenue guidance, but having to backtrack on a player surcharge isn't a good look.

Zacks.com users have recently been watching Shopify (SHOP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

The market sell-off may resume in the coming quarters. Shopify and Chipotle stock look expensive today but may get cheaper if the broad market falls.

Shopify (SHOP) is an attractive stock over the long term, given its expanding merchant base and strong partner base.

Consumer weakness has been a primary concern in the market, negatively impacting many consumer-facing businesses. However, some consumer businesses, like Shopify, are unexpectedly benefiting from this trend. Shopify is capitalizing on consumers trading down to its merchants, which has contributed to strong fundamentals.

Thousands of additional brands that use Shopify can now make their products available for creators to tag in shopping-related videos on YouTube.

Shopify's diverse business model allows just about anyone to become a merchant and sell products and services online. The company's broad geographic reach has enabled it to generate better growth than other e-commerce stocks.

Shopify reported its Q2 2024 results last week and since then, the stock has jumped 38%. We examine the results in detail. The stock looks more or less reasonably valued right now.

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