Shopify (SHOP) Delivers Strong Q4 Growth, Analysts Boost Price Targets

GuruFocus.com
02-12

Shopify (NYSE:SHOP) delivered another strong quarter, with Q4 revenue surging 31.3% year-over-year to $2.81 billion, outpacing last year's 24% growth. This marks Shopify's seventh straight quarter of at least 25% revenue growth, excluding logistics. Gross merchandise volume (GMV) jumped 26% to $94.46 billion, surpassing the $93.01 billion estimate.

  • Warning! GuruFocus has detected 5 Warning Signs with SHOP.

Analysts remain bullish on Shopify's ability to expand market share, with key growth drivers including enterprise, Shop Pay, international expansion, and AI investments.

  • Wells Fargo reaffirmed an Overweight rating and raised its price target to $135, citing durable share gains and strong margins.
  • Bank of America reiterated its Buy rating, acknowledging Shopify's balanced growth strategy but noting potential risks from tariff uncertainties.

Stock Movement: Shopify closed up 3.08% on Tuesday at $123.59 but dipped 0.81% pre-market Wednesday to $122.59 as of 8:13 a.m. ET.

This article first appeared on GuruFocus.

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