What is DA Davidson's Estimate for Shopify Q3 Earnings?

Key Points

• DA Davidson has projected Shopify's Q3 2025 earnings per share to be $0.27, maintaining a "Buy" rating with a target price of $185.00.
• Multiple analysts have varied opinions on Shopify, with target prices ranging from $91.00 to $195.00, resulting in a consensus rating of "Moderate Buy" and an average target price of $148.51.
• Approximately 69.27% of Shopify's stock is owned by institutional investors and hedge funds, indicating strong support and potential future growth in the company's market presence.

Shopify Inc. (NYSE:SHOP - Free Report) TSE: SHOP - Research analysts at DA Davidson issued their Q3 2025 earnings estimates for Shopify in a note issued to investors on Thursday, August 7th. DA Davidson analyst G. Luria forecasts that the software maker will post earnings of $0.27 per share for the quarter. DA Davidson currently has a "Buy" rating and a $185.00 price objective on the stock. The consensus estimate for Shopify's current full-year earnings is $1.12 per share.

Shopify (NYSE:SHOP - Get Free Report) TSE: SHOP last posted its quarterly earnings results on Wednesday, August 6th. The software maker reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.06. Shopify had a net margin of 22.74% and a return on equity of 12.00%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.55 billion. During the same period in the previous year, the firm posted $0.26 earnings per share. Shopify's revenue for the quarter was up 31.1% compared to the same quarter last year.

Several other equities research analysts also recently commented on SHOP. Arete Research raised shares of Shopify to a "hold" rating in a research note on Wednesday, July 23rd. Needham & Company LLC began coverage on shares of Shopify in a research note on Monday, July 14th. They issued a "buy" rating and a $135.00 target price for the company. CIBC upped their price target on shares of Shopify from $145.00 to $185.00 and gave the company an "outperform" rating in a report on Thursday, August 7th. Bank of America upped their price target on shares of Shopify from $110.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, August 7th. Finally, Wells Fargo & Company increased their target price on shares of Shopify from $107.00 to $125.00 and gave the stock an "overweight" rating in a report on Friday, June 6th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating and twenty-four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $148.51.

Shopify Stock Performance

NYSE:SHOP traded up $0.84 during trading hours on Monday, hitting $150.14. The stock had a trading volume of 5,271,912 shares, compared to its average volume of 10,491,825. Shopify has a one year low of $65.86 and a one year high of $156.85. The company has a market cap of $194.79 billion, a price-to-earnings ratio of 96.77, a P/E/G ratio of 4.82 and a beta of 2.63. The business's 50 day moving average is $119.20 and its 200-day moving average is $108.43.

Institutional Investors Weigh In On Shopify

A number of hedge funds have recently made changes to their positions in the stock. Beacon Pointe Advisors LLC boosted its stake in shares of Shopify by 9.6% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 22,144 shares of the software maker's stock valued at $2,554,000 after purchasing an additional 1,942 shares in the last quarter. Wellspring Financial Advisors LLC acquired a new stake in Shopify during the 2nd quarter worth approximately $207,000. Westerkirk Capital Inc. acquired a new stake in Shopify during the 2nd quarter worth approximately $7,084,000. M&T Bank Corp boosted its position in Shopify by 15.1% during the 2nd quarter. M&T Bank Corp now owns 63,772 shares of the software maker's stock worth $7,356,000 after buying an additional 8,366 shares during the period. Finally, Boston Family Office LLC acquired a new stake in Shopify during the 2nd quarter worth approximately $332,000. 69.27% of the stock is currently owned by institutional investors and hedge funds.

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.