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Shopify Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Shopify (NYSE:SHOP)

1. Shopify expects Q4 earnings of 43 cents per share, up from last year. 2. Projected Q4 revenue is $2.73 billion, a significant increase from $2.14 billion. 3. Shopify acquired Shop.ca and Shop.us domains for $375,000. 4. Analysts give Shopify positive ratings, with targets ranging from $99 to $130. 5. Shopify shares rose 2.1% to close at $119.90 recently.

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FAQ

Why Bullish?

Positive quarterly earnings expectations typically lead to stock price increases, as seen historically.

How important is it?

Earnings results will directly affect investor sentiment and trading activity for Shopify stock.

Why Short Term?

Quarterly earnings results usually impact stock prices in the immediate term, evident in past quarterly reports.

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