Shopify exceeded expectations, but outlook disappointed
-Strong results: Shopify $SHOP recorded $2.81 billion in revenue and total merchandise volume (GMV) reached $94.46 billion.
- Earnings per share: Results showed earnings of 44 cents per share, beating forecasts.
- Negative Outlook: However, the market was concerned about the weaker revenue outlook for the first quarter of 2025.
- Analyst Rating: J.P. Morgan still rates Shopify as Overweight with a $121 price target.
-Stock Volatility:$SHOP stock is up 30% after the latest results, but the new news has raised uncertainty about future margins.
Very much a growth company, but as an investment it didn't interest me much.
I wouldn't be so optimistic. I don't see why stocks should rise now as they did before.
The results were not bad at all, but the valuation is still very high.
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Collectivity is strong and has shown solid numbers. Anyway, it seems to me that the stock is overvalued, and by much more than the $JPM shows, which says it's up by just $2 :)