What is Roth Capital's Forecast for Shopify Q3 Earnings?

Shopify Inc. (NYSE:SHOP - Free Report) TSE: SHOP - Stock analysts at Roth Capital dropped their Q3 2025 earnings per share (EPS) estimates for Shopify in a note issued to investors on Thursday, April 24th. Roth Capital analyst D. Aftahi now forecasts that the software maker will post earnings of $0.26 per share for the quarter, down from their prior forecast of $0.27. The consensus estimate for Shopify's current full-year earnings is $1.12 per share. Roth Capital also issued estimates for Shopify's FY2025 earnings at $1.14 EPS and FY2026 earnings at $1.45 EPS.

Shopify (NYSE:SHOP - Get Free Report) TSE: SHOP last announced its earnings results on Tuesday, February 11th. The software maker reported $0.34 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.10). Shopify had a return on equity of 12.00% and a net margin of 22.74%.

Other equities analysts have also recently issued reports about the company. Phillip Securities cut Shopify from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, February 17th. Loop Capital reduced their price target on shares of Shopify from $150.00 to $120.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Wells Fargo & Company upped their price objective on shares of Shopify from $120.00 to $135.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. UBS Group raised their target price on Shopify from $110.00 to $125.00 and gave the company a "neutral" rating in a research note on Wednesday, February 12th. Finally, DA Davidson dropped their price target on Shopify from $150.00 to $115.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, twenty-five have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $118.14.

Shopify Price Performance

Shares of Shopify stock traded down $3.92 on Monday, hitting $95.00. 13,222,962 shares of the company's stock traded hands, compared to its average volume of 9,279,253. The company has a fifty day moving average of $95.72 and a two-hundred day moving average of $102.14. Shopify has a one year low of $48.56 and a one year high of $129.38. The company has a market capitalization of $123.01 billion, a price-to-earnings ratio of 61.29, a price-to-earnings-growth ratio of 4.82 and a beta of 2.82.

Hedge Funds Weigh In On Shopify

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Allianz SE purchased a new position in shares of Shopify in the fourth quarter worth $27,000. PFG Private Wealth Management LLC grew its holdings in Shopify by 3,657.1% in the 4th quarter. PFG Private Wealth Management LLC now owns 263 shares of the software maker's stock worth $28,000 after acquiring an additional 256 shares during the last quarter. Fourth Dimension Wealth LLC purchased a new position in shares of Shopify in the fourth quarter valued at about $30,000. Mark Sheptoff Financial Planning LLC raised its stake in shares of Shopify by 50.0% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 300 shares of the software maker's stock valued at $32,000 after acquiring an additional 100 shares during the last quarter. Finally, New Wave Wealth Advisors LLC purchased a new stake in shares of Shopify during the fourth quarter worth about $39,000. 69.27% of the stock is currently owned by institutional investors.

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.