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Benzinga
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Shopify Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Shopify to report Q4 earnings of 43 cents per share. 2. Expected revenue is $2.73 billion, up from $2.14 billion. 3. Analysts have positive ratings with price targets ranging from $99 to $130. 4. Shopify shares gained 2.1% to close at $119.90. 5. Shop acquired web domains Shop.ca and Shop.us for $375,000.

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FAQ

Why Bullish?

Positive earnings projections suggest strong growth. Past earnings surprises have driven stock rallies.

How important is it?

The financial results and analysts' ratings directly inform investor sentiment and pricing.

Why Short Term?

Earnings announcement impacts sentiment soon. Past performance shows quick reactions post-results.

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