3 Things About Shopify That Smart Investors Know
Investors were thrilled to hear that (NYSE: SHOP) is shaking up its business. The stock surged in the wake of its early May earnings announcement, which contained news of solid demand trends and a strategic shift.
Most Wall Street pros were focused on Shopify's decision to exit the logistics business in a move that will likely accelerate its return to profitability. But there are other attractive aspects to this growth stock that are less covered in the financial media. Let's take a look at a few standouts.
The main factor dragging Shopify's stock down since early 2022 has been slowing revenue growth. Sales volumes rose by 18% in the most recent quarter, compared to a 31% spike in late 2021.
Source Fool.com
Shopify Inc Aktie
67,35 €
-0,68 %
Derzeit ist die Community gegenüber der Shopify Inc Aktie mit 5 Buy-Einschätzungen und 1 Sell-Einschätzungen positiv gestimmt.
Ein positives, aber moderates Potenzial für Shopify Inc mit einem Kursziel von 75 € im Vergleich zu 67.35 €.
