Shopify's Q3 FY2024 earnings indicate strong underlying demand, with YoY growth accelerations in revenue and GMV, driven by successful price hikes and continued growth in merchants. The Q4 outlook could be even stronger,

Shopify beat analysts' third-quarter estimates for operating income, revenue, and free cash flow as sales surged.

Shopify earned some price target upgrades after Q3 results, including Evercore, which boosted it by $45 to $125 per share. In addition, Roth MKM boosted the target to $135 per share. That would represent a 13% to 22% increase in the share price.

Q3 2024 Earnings Call Transcript November 12, 2024 Shopify Inc. misses on earnings expectations. Reported EPS is $0.3503 EPS, expectations were $0.37. Carrie Gillard: Good morning, and thank you for joining Shopify’s Third Quarter 2024 Conference Call.

Shopify stock jumped after the e-commerce firm reported Q3 revenue that topped estimates amid strong growth in the subscription business.

Drifting toward 52-week highs in recent weeks, Shopify (SHOP) shares soared another +20% on Tuesday after reporting strong Q3 results this morning.

Shopify reported robust quarterly earnings, beating expectations, driven by strong segment growth and cost management.

Shopify Inc.'s Q3 2024 performance underscores its growth-oriented yet efficient business model. Click here to read an analysis of SHOP stock now.