Roth Capital Weighs in on Shopify's Q3 Earnings (NYSE:SHOP)

Shopify Inc. (NYSE:SHOP - Free Report) TSE: SHOP - Equities research analysts at Roth Capital cut their Q3 2025 earnings per share estimates for shares of Shopify in a report released on Thursday, April 24th. Roth Capital analyst D. Aftahi now anticipates that the software maker will post earnings per share of $0.26 for the quarter, down from their prior estimate of $0.27. The consensus estimate for Shopify's current full-year earnings is $1.12 per share. Roth Capital also issued estimates for Shopify's FY2025 earnings at $1.14 EPS and FY2026 earnings at $1.45 EPS.

Several other research firms have also recently issued reports on SHOP. The Goldman Sachs Group cut their target price on Shopify from $150.00 to $130.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. JPMorgan Chase & Co. increased their price objective on shares of Shopify from $121.00 to $124.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Phillip Securities downgraded shares of Shopify from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, February 17th. Canaccord Genuity Group raised their target price on shares of Shopify from $125.00 to $140.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. Finally, Cantor Fitzgerald decreased their price target on shares of Shopify from $120.00 to $80.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-five have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $119.67.

Shopify Stock Performance

Shares of SHOP stock opened at $97.12 on Monday. The stock has a fifty day simple moving average of $96.79 and a two-hundred day simple moving average of $102.05. The firm has a market capitalization of $125.75 billion, a PE ratio of 62.66, a PEG ratio of 4.82 and a beta of 2.82. Shopify has a 52-week low of $48.56 and a 52-week high of $129.38.

Shopify (NYSE:SHOP - Get Free Report) TSE: SHOP last announced its quarterly earnings data on Tuesday, February 11th. The software maker reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.10). Shopify had a return on equity of 12.00% and a net margin of 22.74%.

Institutional Trading of Shopify

A number of hedge funds have recently added to or reduced their stakes in the business. World Investment Advisors LLC boosted its stake in shares of Shopify by 113.4% during the third quarter. World Investment Advisors LLC now owns 12,751 shares of the software maker's stock valued at $1,022,000 after purchasing an additional 6,776 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Shopify during the third quarter worth $615,000. Synovus Financial Corp bought a new stake in Shopify during the 3rd quarter valued at $481,000. Peapack Gladstone Financial Corp increased its holdings in shares of Shopify by 29.3% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 9,551 shares of the software maker's stock valued at $765,000 after acquiring an additional 2,162 shares during the period. Finally, Beaird Harris Wealth Management LLC raised its position in shares of Shopify by 700.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,000 shares of the software maker's stock worth $80,000 after acquiring an additional 875 shares in the last quarter. 69.27% of the stock is owned by hedge funds and other institutional investors.

Shopify Company Profile

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.