Shopify Shares Spike on Earnings
In this Market Foolery segment, host Mac Greer, David Kretzmann of Supernova and Rule Breakers, and Ron Gross of Motley Fool Total Income pull back the curtain on a back-end e-commerce platform provider that 500,000 small to mid-size merchants globally use so far. In the gold rush that is internet retail, Shopify (NYSE: SHOP) is the guy selling picks and shovels, and based on its growth rate, balance sheet, and more, it's doing precisely what it needs to. But questions remain, both about its rivals and about its eventual path to profitability.
A full transcript follows the video.
Source: Fool.com
Shopify Inc Stock
€54.39
0.680%
Currently there is a rather positive sentiment for Shopify Inc with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 75 € shows a positive potential of 37.89% compared to the current price of 54.39 € for Shopify Inc.
