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05-10
Hope so
Is Shopify Stock Going Back to $90? 1 Wall Street Analyst Thinks So
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1 Wall Street Analyst Thinks So","url":"https://stock-news.laohu8.com/highlight/detail?id=2434683012","media":"Motley Fool","summary":"Shopify just plunged on earnings, but one analyst sees a lot of upside ahead.","content":"<html><head></head><body><ul style=\"\"><li><p>Shopify stock fell roughly 19% after guidance came up short in its first-quarter earnings report.</p></li><li><p>Oppenheimer reaffirmed an outperform rating on the stock and a $90 price target on the stock.</p></li><li><p>In order to get back there, Shopify will have to make progress on the bottom line.</p></li></ul><p>There's no sugarcoating it. <strong>Shopify </strong>got clobbered after releasing its earnings report on Wednesday.</p><p>The e-commerce software superstar posted solid first-quarter results, but its guidance for the second quarter was a bit light of what Wall Street expected, and investors responded by doing what they do to growth stocks that miss expectations. The stock plunged roughly 19%.</p><p>However, one Wall Street firm reaffirmed its bullish view on the stock even after the disappointing guidance.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9b1e504ac2775d3ddf3d187c4b25c8a9\" alt=\"Image source: Getty Images.\" title=\"Image source: Getty Images.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Getty Images.</span></p><h2 id=\"id_1606761015\">Oppenheimer bets on Shopify</h2><p>In an analyst note on Wednesday afternoon, Oppenheimer reaffirmed its outperform rating on Shopify and its price target of roughly $90, implying an upside of roughly 45% from Thursday's prices.</p><p>The analyst commented that the business' fundamentals remain intact, essentially saying that the sell-off was overdone and happened because the company came up short of elevated investor expectations, even though it beat headline estimates.</p><h2 id=\"id_199069120\">Can Shopify get back to $90?</h2><p>With the post-earnings sell-off, Shopify is now down roughly a third from its peak ahead of its fourth-quarter earnings report in February. Back-to-back earnings sell-offs isn't a great look for the fast-growing e-commerce stock, and its valuation comes with high expectations.</p><p>Even after Wednesday's decline, Shopify still trades at high price-to-sales ratio around 11, and the company has struggled to deliver consistent profits by generally accepted accounting principles (GAAP).</p><p>Shopify dominates its industry -- software for online retailers -- and continues to deliver strong top-line growth, but investors are eager to see that translate into meaningful results on the bottom line. After a steady rebound from its pandemic lows, the stock seems to have exhausted its upside potential without significant profits.</p><p>In order for the stock to get back to $90, Shopify will have to deliver on the bottom line.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Shopify Stock Going Back to $90? 1 Wall Street Analyst Thinks So</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Shopify Stock Going Back to $90? 1 Wall Street Analyst Thinks So\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-10 13:56 GMT+8 <a href=https://www.fool.com/investing/2024/05/09/is-shopify-stock-going-back-to-90-1-wall-street-an/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shopify stock fell roughly 19% after guidance came up short in its first-quarter earnings report.Oppenheimer reaffirmed an outperform rating on the stock and a $90 price target on the stock.In order ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/05/09/is-shopify-stock-going-back-to-90-1-wall-street-an/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4548":"巴美列捷福持仓","BK4116":"互联网服务与基础架构","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4528":"SaaS概念","SHOP":"Shopify Inc","BK4524":"宅经济概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4532":"文艺复兴科技持仓","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4566":"资本集团","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4551":"寇图资本持仓","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2024/05/09/is-shopify-stock-going-back-to-90-1-wall-street-an/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2434683012","content_text":"Shopify stock fell roughly 19% after guidance came up short in its first-quarter earnings report.Oppenheimer reaffirmed an outperform rating on the stock and a $90 price target on the stock.In order to get back there, Shopify will have to make progress on the bottom line.There's no sugarcoating it. Shopify got clobbered after releasing its earnings report on Wednesday.The e-commerce software superstar posted solid first-quarter results, but its guidance for the second quarter was a bit light of what Wall Street expected, and investors responded by doing what they do to growth stocks that miss expectations. The stock plunged roughly 19%.However, one Wall Street firm reaffirmed its bullish view on the stock even after the disappointing guidance.Image source: Getty Images.Oppenheimer bets on ShopifyIn an analyst note on Wednesday afternoon, Oppenheimer reaffirmed its outperform rating on Shopify and its price target of roughly $90, implying an upside of roughly 45% from Thursday's prices.The analyst commented that the business' fundamentals remain intact, essentially saying that the sell-off was overdone and happened because the company came up short of elevated investor expectations, even though it beat headline estimates.Can Shopify get back to $90?With the post-earnings sell-off, Shopify is now down roughly a third from its peak ahead of its fourth-quarter earnings report in February. Back-to-back earnings sell-offs isn't a great look for the fast-growing e-commerce stock, and its valuation comes with high expectations.Even after Wednesday's decline, Shopify still trades at high price-to-sales ratio around 11, and the company has struggled to deliver consistent profits by generally accepted accounting principles (GAAP).Shopify dominates its industry -- software for online retailers -- and continues to deliver strong top-line growth, but investors are eager to see that translate into meaningful results on the bottom line. After a steady rebound from its pandemic lows, the stock seems to have exhausted its upside potential without significant profits.In order for the stock to get back to $90, Shopify will have to deliver on the bottom line.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":304278025895960,"gmtCreate":1715323443664,"gmtModify":1715323464097,"author":{"id":"4128304797271802","authorId":"4128304797271802","name":"mynameisjeff","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4128304797271802","authorIdStr":"4128304797271802"},"themes":[],"htmlText":"Hope so","listText":"Hope so","text":"Hope so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/304278025895960","repostId":"2434683012","repostType":2,"repost":{"id":"2434683012","pubTimestamp":1715320595,"share":"https://ttm.financial/m/news/2434683012?lang=&edition=fundamental","pubTime":"2024-05-10 13:56","market":"us","language":"en","title":"Is Shopify Stock Going Back to $90? 1 Wall Street Analyst Thinks So","url":"https://stock-news.laohu8.com/highlight/detail?id=2434683012","media":"Motley Fool","summary":"Shopify just plunged on earnings, but one analyst sees a lot of upside ahead.","content":"<html><head></head><body><ul style=\"\"><li><p>Shopify stock fell roughly 19% after guidance came up short in its first-quarter earnings report.</p></li><li><p>Oppenheimer reaffirmed an outperform rating on the stock and a $90 price target on the stock.</p></li><li><p>In order to get back there, Shopify will have to make progress on the bottom line.</p></li></ul><p>There's no sugarcoating it. <strong>Shopify </strong>got clobbered after releasing its earnings report on Wednesday.</p><p>The e-commerce software superstar posted solid first-quarter results, but its guidance for the second quarter was a bit light of what Wall Street expected, and investors responded by doing what they do to growth stocks that miss expectations. The stock plunged roughly 19%.</p><p>However, one Wall Street firm reaffirmed its bullish view on the stock even after the disappointing guidance.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9b1e504ac2775d3ddf3d187c4b25c8a9\" alt=\"Image source: Getty Images.\" title=\"Image source: Getty Images.\" tg-width=\"700\" tg-height=\"466\"/><span>Image source: Getty Images.</span></p><h2 id=\"id_1606761015\">Oppenheimer bets on Shopify</h2><p>In an analyst note on Wednesday afternoon, Oppenheimer reaffirmed its outperform rating on Shopify and its price target of roughly $90, implying an upside of roughly 45% from Thursday's prices.</p><p>The analyst commented that the business' fundamentals remain intact, essentially saying that the sell-off was overdone and happened because the company came up short of elevated investor expectations, even though it beat headline estimates.</p><h2 id=\"id_199069120\">Can Shopify get back to $90?</h2><p>With the post-earnings sell-off, Shopify is now down roughly a third from its peak ahead of its fourth-quarter earnings report in February. Back-to-back earnings sell-offs isn't a great look for the fast-growing e-commerce stock, and its valuation comes with high expectations.</p><p>Even after Wednesday's decline, Shopify still trades at high price-to-sales ratio around 11, and the company has struggled to deliver consistent profits by generally accepted accounting principles (GAAP).</p><p>Shopify dominates its industry -- software for online retailers -- and continues to deliver strong top-line growth, but investors are eager to see that translate into meaningful results on the bottom line. After a steady rebound from its pandemic lows, the stock seems to have exhausted its upside potential without significant profits.</p><p>In order for the stock to get back to $90, Shopify will have to deliver on the bottom line.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Shopify Stock Going Back to $90? 1 Wall Street Analyst Thinks So</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Shopify Stock Going Back to $90? 1 Wall Street Analyst Thinks So\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-10 13:56 GMT+8 <a href=https://www.fool.com/investing/2024/05/09/is-shopify-stock-going-back-to-90-1-wall-street-an/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shopify stock fell roughly 19% after guidance came up short in its first-quarter earnings report.Oppenheimer reaffirmed an outperform rating on the stock and a $90 price target on the stock.In order ...</p>\n\n<a href=\"https://www.fool.com/investing/2024/05/09/is-shopify-stock-going-back-to-90-1-wall-street-an/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","BK4548":"巴美列捷福持仓","BK4116":"互联网服务与基础架构","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4528":"SaaS概念","SHOP":"Shopify Inc","BK4524":"宅经济概念","LU1548497426.USD":"安联环球人工智能AT Acc","BK4532":"文艺复兴科技持仓","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4566":"资本集团","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4551":"寇图资本持仓","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2024/05/09/is-shopify-stock-going-back-to-90-1-wall-street-an/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2434683012","content_text":"Shopify stock fell roughly 19% after guidance came up short in its first-quarter earnings report.Oppenheimer reaffirmed an outperform rating on the stock and a $90 price target on the stock.In order to get back there, Shopify will have to make progress on the bottom line.There's no sugarcoating it. Shopify got clobbered after releasing its earnings report on Wednesday.The e-commerce software superstar posted solid first-quarter results, but its guidance for the second quarter was a bit light of what Wall Street expected, and investors responded by doing what they do to growth stocks that miss expectations. The stock plunged roughly 19%.However, one Wall Street firm reaffirmed its bullish view on the stock even after the disappointing guidance.Image source: Getty Images.Oppenheimer bets on ShopifyIn an analyst note on Wednesday afternoon, Oppenheimer reaffirmed its outperform rating on Shopify and its price target of roughly $90, implying an upside of roughly 45% from Thursday's prices.The analyst commented that the business' fundamentals remain intact, essentially saying that the sell-off was overdone and happened because the company came up short of elevated investor expectations, even though it beat headline estimates.Can Shopify get back to $90?With the post-earnings sell-off, Shopify is now down roughly a third from its peak ahead of its fourth-quarter earnings report in February. Back-to-back earnings sell-offs isn't a great look for the fast-growing e-commerce stock, and its valuation comes with high expectations.Even after Wednesday's decline, Shopify still trades at high price-to-sales ratio around 11, and the company has struggled to deliver consistent profits by generally accepted accounting principles (GAAP).Shopify dominates its industry -- software for online retailers -- and continues to deliver strong top-line growth, but investors are eager to see that translate into meaningful results on the bottom line. After a steady rebound from its pandemic lows, the stock seems to have exhausted its upside potential without significant profits.In order for the stock to get back to $90, Shopify will have to deliver on the bottom line.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
