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