Key Highlights:
- Shopify achieved a 31% revenue growth in Q4 2024, marking a robust performance.
- Analysts predict a potential 64.34% upside from current stock levels.
- GuruFocus estimates a one-year GF Value increase, indicating a promising investment outlook.
Shopify's (SHOP, Financial) recent financial performance has been nothing short of impressive. In the fourth quarter of 2024, the company reported a remarkable 31% increase in revenue, accompanied by a 22% free cash flow margin. By reaching an annual revenue milestone of $9 billion, Shopify continues to expand its foothold in the e-commerce sector, strengthening its reputation as a key economic recovery stock.
Wall Street Analyst Projections
Shopify Inc (SHOP, Financial) has attracted significant attention from Wall Street analysts. According to the price targets set by 43 analysts, the average target for Shopify is $132.95, with projections ranging from a high of $175.00 to a low of $87.64. This average target suggests a potential upside of 64.34% from its current trading price of $80.90. Investors seeking more in-depth forecast details can visit the Shopify Inc (SHOP) Forecast page.
The consensus recommendation from 48 brokerage firms reflects an "Outperform" status for Shopify, with an average rating of 2.2 on a scale of 1 to 5 (where 1 is a Strong Buy and 5 is a Sell).
GuruFocus Value Estimation
The GF Value estimation by GuruFocus offers another perspective on Shopify's investment potential. The projected GF Value for the coming year stands at $107.37, indicating a 32.72% upside from the current price of $80.90. This metric, based on historical trading multiples and projected business growth, offers a calculated insight into the fair value of the stock. For further detailed assessments, the Shopify Inc (SHOP, Financial) Summary page provides comprehensive data.
