Research Analysts Offer Predictions for Shopify Q2 Earnings

Shopify Inc. (NYSE:SHOP - Free Report) TSE: SHOP - Stock analysts at Wedbush decreased their Q2 2025 earnings estimates for shares of Shopify in a research report issued to clients and investors on Tuesday, April 15th. Wedbush analyst S. Devitt now forecasts that the software maker will post earnings of $0.19 per share for the quarter, down from their prior estimate of $0.23. Wedbush has a "Outperform" rating and a $110.00 price objective on the stock. The consensus estimate for Shopify's current full-year earnings is $1.12 per share. Wedbush also issued estimates for Shopify's Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $0.96 EPS and FY2026 earnings at $1.41 EPS.

A number of other brokerages have also recently commented on SHOP. Cantor Fitzgerald reduced their price target on Shopify from $120.00 to $80.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. UBS Group lifted their target price on Shopify from $110.00 to $125.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Shopify from $125.00 to $150.00 and gave the stock a "buy" rating in a research note on Wednesday, February 12th. Wells Fargo & Company upped their target price on shares of Shopify from $120.00 to $135.00 and gave the company an "overweight" rating in a research report on Wednesday, February 12th. Finally, Mizuho dropped their price target on Shopify from $110.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Shopify has an average rating of "Moderate Buy" and an average target price of $120.94.

Shopify Trading Down 2.4 %

SHOP stock traded down $2.01 during midday trading on Friday, reaching $81.64. 8,151,036 shares of the company's stock traded hands, compared to its average volume of 9,227,099. Shopify has a 52-week low of $48.56 and a 52-week high of $129.38. The stock's 50-day moving average is $100.46 and its 200 day moving average is $101.78. The stock has a market cap of $105.71 billion, a P/E ratio of 52.67, a PEG ratio of 4.82 and a beta of 2.82.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LRI Investments LLC boosted its holdings in Shopify by 9.8% in the fourth quarter. LRI Investments LLC now owns 889 shares of the software maker's stock worth $94,000 after purchasing an additional 79 shares during the period. Tidemark LLC boosted its holdings in shares of Shopify by 3.6% in the 4th quarter. Tidemark LLC now owns 2,592 shares of the software maker's stock valued at $276,000 after buying an additional 90 shares during the period. Howland Capital Management LLC grew its position in shares of Shopify by 2.0% during the 4th quarter. Howland Capital Management LLC now owns 4,949 shares of the software maker's stock valued at $526,000 after buying an additional 99 shares during the last quarter. Trust Co. of Vermont raised its stake in Shopify by 9.9% during the fourth quarter. Trust Co. of Vermont now owns 1,114 shares of the software maker's stock worth $118,000 after acquiring an additional 100 shares during the period. Finally, First United Bank & Trust lifted its holdings in Shopify by 2.2% in the fourth quarter. First United Bank & Trust now owns 4,590 shares of the software maker's stock worth $488,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 69.27% of the company's stock.

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.