What is DA Davidson’s Estimate for Shopify FY2025 Earnings?

Shopify Inc. (NYSE:SHOP) (TSE:SHOP) – Analysts at DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of Shopify in a report issued on Tuesday, June 17th. DA Davidson analyst G. Luria now anticipates that the software maker will earn $1.01 per share for the year, up from their previous estimate of $0.99. DA Davidson currently has a “Buy” rating and a $125.00 target price on the stock. The consensus estimate for Shopify’s current full-year earnings is $1.12 per share. DA Davidson also issued estimates for Shopify’s FY2026 earnings at $1.39 EPS.

Other analysts have also issued reports about the company. Oppenheimer reduced their target price on Shopify from $150.00 to $125.00 and set an “outperform” rating on the stock in a report on Wednesday, April 30th. Benchmark reduced their price objective on Shopify from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Wedbush reaffirmed an “outperform” rating and issued a $110.00 price objective on shares of Shopify in a research note on Tuesday, April 15th. JPMorgan Chase & Co. reduced their price objective on Shopify from $124.00 to $115.00 and set an “overweight” rating on the stock in a research note on Friday, May 9th. Finally, Royal Bank Of Canada reduced their price objective on Shopify from $145.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-five have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Shopify presently has an average rating of “Moderate Buy” and an average target price of $115.66.

Shopify Stock Performance

SHOP opened at $105.97 on Thursday. The firm has a market cap of $137.48 billion, a P/E ratio of 68.37, a price-to-earnings-growth ratio of 4.82 and a beta of 2.63. Shopify has a 52-week low of $48.56 and a 52-week high of $129.38. The business’s fifty day moving average is $99.86 and its 200-day moving average is $104.96.

Institutional Investors Weigh In On Shopify

Several hedge funds and other institutional investors have recently modified their holdings of SHOP. Allianz SE purchased a new position in shares of Shopify during the fourth quarter valued at approximately $27,000. PFG Private Wealth Management LLC boosted its position in shares of Shopify by 3,657.1% during the fourth quarter. PFG Private Wealth Management LLC now owns 263 shares of the software maker’s stock valued at $28,000 after buying an additional 256 shares during the last quarter. Fourth Dimension Wealth LLC purchased a new position in shares of Shopify during the fourth quarter valued at approximately $30,000. Smithfield Trust Co boosted its position in shares of Shopify by 149.2% during the first quarter. Smithfield Trust Co now owns 314 shares of the software maker’s stock valued at $30,000 after buying an additional 188 shares during the last quarter. Finally, Dagco Inc. purchased a new position in shares of Shopify during the first quarter valued at approximately $30,000. Institutional investors own 69.27% of the company’s stock.

Shopify Company Profile

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.