Daniel Grizelj We previously covered Shopify (NYSE:SHOP) in November 2023, discussing its excellent FQ3’23 results, with the robust consumer spending contributing to its expanded GMVs and GPVs. With multiple e-commerce and online payment platforms still highly resilient despite the uncertain macroeconomic outlook, it was unsurprising that the SHOP stock had also rallied over optimistically and…
Sean Gallup I’ve been covering Shopify Inc. (NYSE:SHOP) stock here on Seeking Alpha since July 2023, initially starting coverage as a speculative idea (which didn’t work out) and shifting focus to a longer-term success story for the company that eventually bore fruit in a very short period: Seeking Alpha, author’s coverage of SHOP stock Since…
Sean Gallup Just a month ago I wrote about how financial discipline is taking hold at Shopify (NYSE:SHOP). A week later I wrote about how Shopify blew earnings estimates out of the water. Shopify has turned out to be a bonanza for fellow shareholders over the past month. And honestly, I think the good times…
Sean Gallup Shopify Inc. (NYSE:SHOP) shares have fallen more than 20% since our last coverage, but regained momentum earlier this week after rival PayPal Holdings (PYPL) posted a better-than-expected quarter and markets cheered on a seemingly dovish Fed. The upsurge was further reinforced by Shopify’s solid Q3 results released today, with a double beat that…
Sean Gallup Shopify Inc. (NYSE:SHOP) (TSX:SHOP:CA), headquartered in Ottawa, Canada, is a $69-billion market cap firm that offers a cloud-based e-commerce platform designed for small and medium-sized enterprises. Their software empowers users by giving them a unified perspective across various sales channels, encompassing online platforms for both web and mobile, brick-and-mortar retail establishments, social media…
JHVEPhoto In my previous update on Shopify Inc. (NYSE:SHOP), I upgraded the stock, anticipating a recovery, following my May 2023 caution. That upgrade was timely, as SHOP surged to its August highs, lifted by the surprise announcement of a deeper integration with Amazon’s (AMZN) Buy with Prime. However, that surge proved to be an astute…
Sean Gallup For over a year, Shopify (NYSE:SHOP) faced a big competitive threat from Amazon as the rival rolled out its ‘Buy with Prime’ program. Amazon has essentially been striving to monetize merchants from rival platforms by extending its seller services like Prime fulfilment and Amazon Pay, as well as access to Amazon’s loyal customer…
whitebalance.oatt At first glance, this may seem like the perfect time to buy Shopify (NYSE:SHOP) stock. The company appears to have addressed its main bearish thesis through its resolution with Amazon’s (AMZN) Buy With Prime. The company has been able to deliver accelerating GMV growth on top of their price increases, leading to incredible revenue…
Sean Gallup Shopify (NYSE:SHOP) stock has seen sideways momentum for the last few weeks despite posting good results in the recent quarter. One of the reasons is the bull run in early 2023 due to which the stock has seen over 60% jump in year-to-date. Shopify has been able to reignite revenue growth in the…
REKINC1980/E+ via Getty Images The Shopify Investment Thesis Appears Bright, Thanks To The Two Pronged Approach We previously covered Shopify (NYSE:SHOP) in May 2023, discussing the management’s decision to shed its logistics segment. We believed that this was a prudent strategy indeed, since it allowed the company to better focus on its higher-margin SaaS offerings,…
Sean Gallup Investors in leading end-to-end e-commerce platform Shopify (NYSE:SHOP) have seen SHOP underperform the S&P 500 (SPX) (SPY) since my previous caution in early May, as I urged investors to hold back from adding more positions. Notwithstanding that caution, my early January 2023 Buy rating suggests SHOP’s recent pullback is nothing more than a…