Q1 Earnings Estimate for Shopify Issued By DA Davidson

Shopify Inc. (TSE:SHO) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Shopify in a research note issued on Wednesday, February 12th. DA Davidson analyst G. Luria anticipates that the company will earn $0.23 per share for the quarter. DA Davidson also issued estimates for Shopify’s FY2025 earnings at $1.56 EPS.

Several other analysts also recently weighed in on SHO. Benchmark upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 10th. Loop Capital upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 6th. Atb Cap Markets downgraded Shopify from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 12th. Wedbush upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Finally, New Street Research upgraded Shopify to a “hold” rating in a research note on Friday, January 10th. Five investment analysts have rated the stock with a hold rating and eight have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Shopify Price Performance

Shopify (TSE:SHO) last posted its quarterly earnings results on Tuesday, November 12th. The company reported C$0.37 earnings per share for the quarter, topping the consensus estimate of C$0.24 by C$0.13. The company had revenue of C$2.95 billion during the quarter, compared to analysts’ expectations of C$2.90 billion.

About Shopify

ICC Labs Inc is a medicinal and recreational cannabis producer based in South America. The firm primarily producing, researching and marketing cannabis for medical and recreational uses, and hemp-based products. The company’s operations are organized into two operating segments, Recreational segment and Cannabinoids Extraction segment.