Is It Too Late to Buy Shopify Stock?
(NYSE: SHOP) investors are hoping for a sweet Valentine's Day present this year. The e-commerce platform provider is set to announce its Q4 results after the market closes on Feb. 13, likely making the next trading day a volatile one for the stock.
Expectations could hardly be higher for Shopify's business. Share prices have nearly doubled in the past 12 months on encouraging signs of accelerating sales trends and a shrinking expense burden. Wall Street is hoping that these factors will pave the way for an end to its recent net losses as profitability jumps in 2024 and beyond.
But are investors still getting a good deal by purchasing Shopify stock today? Let's take a closer look.
Source Fool.com
Shopify Inc Aktie
55,77 €
1,66 %
Leichte Community-Bevorzugung: Shopify Inc mit mehr Buy- als Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 75 € für Shopify Inc zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 55.77 €.
