Shopify (SHOP) Expected to Announce Earnings on Wednesday

Key Points

• Shopify is set to announce its Q2 2025 earnings on August 6th, with analysts expecting earnings of $0.28 per share and revenue of $2.55 billion.
• Recent analyst upgrades have increased target prices for Shopify, with estimates ranging from $120 to $145, while the consensus rating is a "Moderate Buy."
• Institutional ownership of Shopify is strong, with 69.27% of shares held by institutional investors, reflecting increased confidence in the company's performance.

Shopify (NYSE:SHOP - Get Free Report) TSE: SHOP is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $2.55 billion for the quarter.

Shopify Stock Down 0.7%

Shares of SHOP traded down $0.80 during mid-day trading on Thursday, reaching $122.21. The company had a trading volume of 8,481,536 shares, compared to its average volume of 10,365,797. Shopify has a 52-week low of $48.56 and a 52-week high of $129.38. The stock has a market capitalization of $158.55 billion, a P/E ratio of 78.85, a PEG ratio of 4.82 and a beta of 2.61. The stock has a 50 day moving average of $113.56 and a two-hundred day moving average of $106.44.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Shopify stock. Brighton Jones LLC raised its position in shares of Shopify Inc. (NYSE:SHOP - Free Report) TSE: SHOP by 2.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,176 shares of the software maker's stock after buying an additional 584 shares during the period. Brighton Jones LLC's holdings in Shopify were worth $2,252,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 69.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SHOP shares. The Goldman Sachs Group reduced their price target on Shopify from $150.00 to $130.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Wedbush reaffirmed an "outperform" rating and issued a $110.00 price target on shares of Shopify in a report on Tuesday, April 15th. Jefferies Financial Group reduced their price target on Shopify from $130.00 to $110.00 and set a "hold" rating for the company in a report on Monday, May 5th. Oppenheimer reaffirmed an "outperform" rating and issued a $145.00 price target (up previously from $125.00) on shares of Shopify in a report on Monday. Finally, Wells Fargo & Company upped their price target on Shopify from $107.00 to $125.00 and gave the stock an "overweight" rating in a report on Friday, June 6th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $120.34.

About Shopify

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.