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SHOP
Benzinga
103 days

Shopify Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Shopify will report Q1 earnings on May 8, projecting 26 cents EPS. 2. Expected revenue growth from $1.86B to $2.33B year-over-year. 3. Shopify shares increased 0.7% to close at $94.50. 4. Analysts show mixed ratings with adjusted price targets. 5. Affirm and Shopify are accelerating global expansion efforts.

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FAQ

Why Bullish?

Both projected earnings and revenue growth exceed previous values, indicating company strength.

How important is it?

Earnings results and analyst ratings significantly influence investor sentiment towards SHOP.

Why Short Term?

Market will react to upcoming earnings report, influencing stock price in the near term.

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