Shopify: Solid Growth, but Fears Remain
Here's our initial take on 's (NASDAQ: SHOP) fiscal 2025 first-quarter financial report.
Shopify posted solid growth in the quarter, with revenue up 27% year over year and gross merchandise volume sold on its platform up 23% to nearly $75 billion. The company also reported a higher net loss, but much of that was accounting related. Backing out the impact of equity investments, net income was up 57% to $226 million in the quarter, and free cash flow climbed by a similar percentage to $363 million.
The company posted a 15% free cash flow margin in the quarter, the seventh consecutive quarter of double-digit free cash flow.
Source Fool.com
Shopify Inc Stock
€132.84
2.690%
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 145 € shows a slightly positive potential of 9.15% compared to the current price of 132.84 € for Shopify Inc.
