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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 ...
Amazon is still the top online retailer with a 38% share of the total e-commerce market in the U.S., but Shopify's gross merchandise volume (GMV) has almost matched Amazon's online and third-party ...
The stock is also trading just below the analyst community's consensus 12-month price target of $119.70. ... what they believe are the 10 best stocks for investors to buy now… and Shopify wasn ...
Let's see where the business is today and whether or not it's a good time to buy shares. Growth has been better than expected Let's take a step back and give the recent earnings report some context.
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.
The last 12 months have been volatile for Shopify's (NYSE: SHOP) investors. At one point, the stock traded at a low of $45.50, but it then doubled in the next few months to reach $91.57.
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