Analysts raise price targets for Shopify after surpassing Q4 expectations, retail sentiment extremely bullish

From StockTwits: 2025-02-12 13:40:08

Shopify reported that over 875 million users made a purchase from a Shopify merchant store in the quarter. Analysts raised price targets for Shopify Inc. (SHOP) stock after the e-commerce giant beat Wall Street expectations in Q4. Despite a 1% dip in Shopify shares, the company posted EPS of $0.44 and revenue of $2.8 billion, surpassing estimates. Shopify noted that it surpassed $1 trillion in cumulative gross merchandise value (GMV). While Q1 is typically the lowest GMV quarter, the company expects FCF margins to increase to the “mid-teens”. Analysts remain bullish on Shopify stock, with price targets from various brokerages ranging from $120 to $144. Retail sentiment remains extremely bullish, with some users predicting the stock to surpass $200. Shopify’s share price has risen by nearly 78% in the past six months, with one-year returns at 36%.



Read more at StockTwits: Shopify Stock Gets A Wave Of Price Target Hikes Post Q4 Results, But Shares Waver: Retail Stays Extremely Bullish