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Nonetheless, as mentioned before, Shopify now has something it did not have in 2019: a positive net income. Its $726 million in profit in the first three quarters of 2024 is up from the $525 ...
It will be tough to be greedy with Shopify's stock today. To put it into perspective, Shopify has a price-to-sales (P/S) ratio of 16 and a price-to-earnings (P/E) ratio of 97.
Shopify stock initially fell after Amazon announced its Q4 results on Feb. 6, but the company releases its own year-end 2024 results on Feb. 11. ... Should you invest $1,000 in Shopify right now ...
Today's rally has pushed the stock to a new three-year high. Strong GMV growth powers Q3 beats for Shopify. Shopify posted net income of $344 million on sales of $2.16 billion in the third quarter ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Shopify wasn’t one of them. The 10 stocks that made the cut ...
Now comes the big test for Shopify: valuation. Even though the stock is down 50% from highs, it still trades at a hefty market capitalization of $100 billion at the current stock price of $80.
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