Instrument NameShopify IncInstrument Symbol(SHOP-T)

Instrument ExchangeTSX

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Inside the Market’s roundup of some of today’s key analyst actions

Inside the Market’s roundup of some of today’s key analyst actions

Global Stock Markets Canadian Markets Canada’s main stock index, the TSX rose slightly, despite a decline in metal prices which were weighing  on Canadian mining stocks. Investors shifted their focus to earnings reports, as Shopify soared on holiday sales forecasts. Lower metal prices, particularly in gold and copper, dragged on...

Canada's main stock index hit a record high on Tuesday, supported by the technology sector as Shopify's ...

E-commerce giant reported revenue of US$2.16-billion in the third quarter while profit nearly doubled to US$344-million

OTTAWA — Shopify Inc. reported US$828 million in net income for its third quarter, up from US$718 million in the same quarter last year, as its revenue rose 26 per cent.

Shopify forecast current-quarter revenue would increase in a mid-to-high-twenties percentage range, while analysts expected a rise of 22.7%

Internet, Everywhere--(Newsfile Corp. - November 12, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a leading commerce technology company announced today financial results for the quarter ended September 30, 2024."Q3 was outstanding, further establishing Shopify as a leader in powering commerce anywhere, anytime. Our unified commerce platform is becoming the go-to...

The Dow Jones Industrial Average surged by more than 1,500 points on Wednesday, the day after the election, for its biggest one-day gain in two years

Short sellers have increased bets the stock will fall after the report. But history suggests that’s a risky bet

Engine Capital doubles prior plan to replace three directors in new filing

Interest in talking about the country’s productivity has suddenly seized the nation. Never mind that weak Canadian productivity has been an issue for 40 years

Inside the Market’s roundup of some of today’s key analyst actions

Internet, Everywhere--(Newsfile Corp. - October 22, 2024) - Shopify Inc. (NYSE, TSX: SHOP) plans to announce financial results for its third quarter, which ended September 30, 2024, before markets open on Tuesday, November 12, 2024.Shopify's management team will host a conference call to discuss the third-quarter results at 8:30 a.m....

Shopify Inc. (SHOP:CA) (SHOP) Shopify Inc. has received a research report from RBC (Analyst Rank#3) raising its target price for the stock from CAD 85 to CAD 100, reflecting confidence in the company’s anticipated solid growth for the third quarter. This adjustment indicates a belief that Shopify’s performance will surpass...

The early Shopify backer has written down more than two dozen holdings – including four total writeoffs – this year

Inside the Market’s roundup of some of today’s key analyst actions

Issued on behalf of PlantX Life Inc. VANCOUVER – USA News Group News Commentary – How we shop is seemingly moving towards more and more online purchases than before. Within a report from Forbes Advisor, more than one in five...

Shopify Inc. (SHOP:CA) (SHOP) Analyst Rating and Target Price: Analyst Darren Aftahi at Roth MKM Partners (Rank#56) has just issued a research report for Shopify Inc, setting a 12 month target forecast of  CAD 92, and maintaining the “Buy” rating on the stock. This reflects a positive outlook on the...

Sid Mokhtari discusses his stock market outlook along with potential buying opportunities

TORONTO — Canada's industry minister has thrown his support behind a call from one of Shopify Inc.'s leaders for the country to get more ambitious.

Harley Finkelstein said a lack of ambition is hampering the growth and long-term success of Canadian companies, the country’s tech ecosystem and its broader economy

TORONTO — The president of e-commerce giant Shopify Inc. wants Canada to address a problem he calls "the 600-pound beaver in the room."