Shopify Stock Tumbles. Mixed Earnings Report Leaves Investors Disappointed. -- Barrons.com

Dow Jones05-05 19:30

By Nate Wolf

Shares of Shopify tumbled Tuesday after the e-commerce platform reported continued top-line growth but weak revenue in the first quarter.

Revenue totaled $3.17 billion for the quarter, up 34% from a year ago and ahead of analysts' consensus estimate of $3.09 billion, per FactSet. Net income was $360 million, however -- below the $419 million Wall Street was looking for.

Shopify stock fell 7.9% in premarket trading. Shares were down 21% this year as of Monday's close of trading after a fourth-quarter earnings miss. Fears that artificial-intelligence platforms could displace legacy e-commerce software haven't helped.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

May 05, 2026 07:30 ET (11:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment