Maria_yy
2022-08-16

$Shopify(SHOP)$Like The Trade Desk, Shopify is  profitable — although Shopify’s margins are not nearly as  high. Analysts expect Shopify to slowly but surely grow its bottom line, but they anticipate that  its top line will increase quickly.

Analysts’ averageestimatescall for about 20% sales growth in 2022, then 24% growth in 2023, a 28% gain in 2024 and almost 30% growth in 2025. That would be four straight years ofacceleratingrevenue growth,  a scenario that would almost surely lead to a higher stock price.

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

  • x2espresso
    2022-08-16
    x2espresso
    great stock
  • LeonYeow
    2022-08-16
    LeonYeow
    thanks for sharing ur thoughts...im certainly hope so
  • eo1668
    2022-08-16
    eo1668
    Good info
  • Jadenssr
    2022-08-16
    Jadenssr
    Ok
  • Sans77
    2022-08-16
    Sans77
    Like
  • bengkoon
    2022-08-16
    bengkoon
    Okk
Leave a comment