1414 ET - Shopify, which is slated to report 1Q results next week, appears poised for faster growth helped by strong third-party data and healthy U.S. ecommerce trends, according to Morgan Stanley in a note. The analysts say the recent 3P data support solid fundamentals and come alongside "moderating concerns on agentic commerce-related bear cases." The analysts add that although heightened geopolitical stress has weighed on consumer sentiment, "US eCommerce demand continues to look healthy with Q1 non-store sales growth remaining durable throughout the quarter." Shopify is up 4.7% to C$172.62, but down 22% year-to-date. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
May 01, 2026 14:14 ET (18:14 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments