Shopify Inc (NYSE: SHOP) has reported E.P.S. of $1.00 for its fourth fiscal quarter (ending December 31) versus $0.51 for the same period a year ago — an increase of 96%. This result exceeded the consensus estimate of $0.43 by $0.57. For the latest four quarters through December 31, E.P.S. were $1.57 versus $0.10 for the same period a year ago — an increase of 1470%.
Recent Price Action
On 2/11/25, Shopify Inc (NYSE: SHOP) stock enjoyed a large increase of 3.1%, closing at $123.59. Moreover, trading volume in this advance was exceptionally high at 504% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.0% during the last week.
Current PriceTarget Research Rating
Shopify has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Shopify has a poor Appreciation Score of 17 but a very high Power Rating of 98, producing the High Neutral Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
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