Shopify Stock Is Down 54% From Its Highs. Should You Buy It in 2024?
(NYSE: SHOP) stock gained 124% in 2023, but even at the current price, it remains 54% off of its all-time highs. The e-commerce superstar is reporting high growth and improving profitability. Is it too late to buy, or can it soar higher in 2024?
Shopify has carved out a wide niche as a leading business-to-business e-commerce platform. It only places fourth globally, but it has a strong lead in the U.S. market, with nearly a third of total market share.
Image source: Statista.
Source Fool.com
Shopify Inc Aktie
54,80 €
0,05 %
Die Shopify Inc Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Für Shopify Inc sieht die Community ein Kursziel von 75 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 54.8 € bedeutet.
