We Are Investment Thesis Shopify's (NYSE:SHOP) has dropped 20% over the past month after a strong 1Q FY2024 earnings. This selloff was largely due to a weak forward guidance, even though revenue and EPS beat expectations in the last quarter. Unsurprisingly, the stock's premium valuation indicated high expectations going into the quarter, making it vulnerable to a weak forward guidance. In my previous analysis, I initiated a neutral rating on the stock and raised concerns that a valuation of over 10x EV/ ...

The e-commerce giants have many similarities.Both Amazon (AMZN 0.33%) and Shopify (SHOP 0.60%) are incredible businesses. Both target e-commerce spending, which has grown at double-digit percentage rates for years, and is expected to do so for years to come. When it comes to high-upside stocks, both of these companies fit the bill. But which stock has the potential to deliver the biggest profits to those who buy in today?Amazon has achieved greatness -- and that's a bit of a problemAmazon needs no introduct ...

The e-commerce giant's stock price won't necessarily track its business fundamentals in the short term.Shopify's (SHOP 0.34%) stock performance has been a mixed bag since the company went public in 2015. Those who bought in at the start and have held on since then are sitting on a 2,220% gain. But the stock has also taken some steep drops along the way. Over the past 30 days, for instance, shares have lost one-fifth of their value.What lies ahead for Shopify, operator of one of the world's largest e-commerc ...

Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. The companies didn’t disclose the terms of the deal but said that the Threads.com team will join Shopify.Threads added that after the launch of Meta’s social network with the same name last year, the startup had “the opportunity to sell our domains.” It is not clear if the startup sold the domain name to Meta, Shopify, or anyone else, but the note does indicate that it would have had to rebrand from Threads ...

The Good Brigade/DigitalVision via Getty Images Investment Thesis Shopify (NYSE:SHOP) shares experienced a steep decline after the company released its first quarter earnings for 2024. While revenues of $1.86 billion surpassed analyst expectations, the company reported a net loss compared to a profit in the same period last year. However, this loss stemmed from a charge associated with the sale of Shopify's logistics business. The decline year-over-year was primarily due to the sale of the logistics busines ...

John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Shopify. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His ...

Is this stock really a bargain, though?Cathie Wood has developed a strong following among investors for anticipating digital trends that accelerated early in the pandemic. The Ark Invest chief often takes a contrarian position on stocks, and the exchange-traded funds (ETFs) she manages tend to focus on companies that are creating and spreading disruptive technology.She has been a fan of e-commerce platform operator Shopify (SHOP -1.16%) for a long time, but over the past year, she has been cutting her ETFs' ...

The shares of Shopify Inc (NYSE:SHOP) are 3.3% higher in premarket trading following a bull note from Goldman Sachs. The Wall Street analyst upgraded SHOP to "buy" from "neutral" and increased its price target to $74 from $67, pointing at the equity's attractive entry point after a shaky start to 2024.Specifically, the e-commerce stock is down 24.5% year to date, with headwinds blowing in earlier this month after a downbeat quarterly report. Shopify stock yesterday closed at its lowest mark since November 2 ...

文章核心观点 - 近期Shopify股价大幅下跌,而同期整体市场却在创新高[1][2] - 最新一季度财报显示毛利率下降50个基点,导致投资者担忧[5] - 尽管如此,多家券商仍看好Shopify的长期上涨潜力[6][7][8][9] 公司概况 - Shopify是一家电商平台公司[1] - 公司最近一季度收入同比增长24%[5] - 公司CEO表示这是Shopify历史上最强劲的时期[6] 股价分析 - Shopify股价从2月高点下跌约40%[1] - 即使券商下调了目标价格,但仍普遍预计有30%以上的上涨空间[7][8] - 技术指标显示Shopify股价已进入超卖区域,有反弹迹象[10][11]

文章核心观点 - 尽管Shopify在第一季度的销售和收益指标表现优于同行,但利润率下降的担忧主导了市场对其的估值调整 [1][2] - Shopify Plus计划价格调整的影响低于预期,是导致估值下调的主要原因 [2] - 但Shopify Plus计划的持续高增长和对公司财务表现的重大影响仍然是积极的 [2][3] Shopify Plus的重要贡献 - Shopify Plus是公司针对大型商家的高端订阅服务,提供全渠道的电商和支付处理工具 [4][5] - Shopify Plus商家的GMV和收入占比持续提高,成为公司增长的主要驱动力 [7][8][9][10][11] - Shopify Plus商家的非订阅收入增长尤其迅速,体现了该服务的独特价值主张 [10] - Shopify Plus有助于公司拓展线下、B2B等电商以外的机会,进一步扩大总地址市场 [6][12] Plus计划价格调整的影响 - 公司宣布提高Plus计划的订阅价格和变动费率,但大部分现有Plus商家选择锁定低价续约3年 [14][15][16][17] - 这延缓了价格调整对2024年增长的完全体现,但从长远来看仍将对公司的盈利增长产生积极影响 [18][26] - 根据不同续约率假设,预计价格调整将带来45.4百万美元至22.7百万美元的额外订阅收入 [19][20][23][25] 基本面展望 - 预计公司2024年收入将同比增长21%至85亿美元,订阅毛利率有望持续改善 [27][29] - 随着附加服务的采用不断扩大,商户解决方案收入有望加速增长,抵消支付附加率下降的影响 [28] - 公司持续的产品创新和营销投入将支撑长期增长和利润扩张 [30] 估值分析 - 基于DCF模型,公司股价合理价值为59美元,较当前水平有一定上行空间 [31][32] - 如果Shopify Plus的渗透进一步加快,公司有望实现更强劲的增长,带来更大的估值潜力 [33][34][36]