Shopify Wins Price Objective Elevate At Baird

Baird analyst Colin Sebastian raised his 12-month aim value for Shopify (Shopify Stock Quote, Chart, Data, Analysts, Financials NYSE:SHOP) to US$170 from US$160 whereas sustaining an “Outperform” rating in an Oct. 7 report.

His new aim is above the current analyst widespread of US$160.21.

In August, Shopify reported a strong second-quarter 2025 finish outcome, which confirmed 31% year-over-year revenue progress and a 16% free cash transfer margin, marking the company’s eighth consecutive quarter of double-digit free cash transfer margins. Revenue rose to US$2.68-billion from US$2.05-billion a 12 months earlier, whereas gross income climbed to US$1.30-billion from US$1.05-billion. Working earnings reached US$291-million versus US$241-million, and free cash transfer elevated to US$422-million from US$333-million.

“(These) outcomes are the payoff from daring bets we made years up to now,” talked about Harley Finkelstein, Shopify’s president. “The investments we’re making now will gasoline our subsequent chapter. At Shopify, innovation not at all stops. No matter how good the numbers look, there’s on a regular basis a model new frontier in commerce — and we’ll proceed to paved the best way.”

Chief financial officer Jeff Hoffmeister highlighted broad-based momentum all through geographies.

“Shopify delivered one different glorious quarter, with every GMV and revenue progress expenses accelerating in North America, Europe, and Asia Pacific, quarter over quarter. Europe was a particular provide of energy, the place GMV grew 42% on a unbroken overseas cash basis,” he talked about. “Retailers of every measurement, from first-time founders to world producers, are choosing Shopify to develop their firms, and their success is what’s driving our success.”

Shopify expects third-quarter revenue to develop at a mid-to-high twenties proportion price 12 months over 12 months, with gross income {{dollars}} rising at a low-twenties price. Working payments are forecast to be 38%–39% of revenue, and free cash transfer margins are anticipated to remain throughout the mid-to-high youngsters.

Shopify’s sturdy progress trajectory and sustained profitability margins proceed to help bullish sentiment on the stock, with Sebastian’s revised aim reflecting confidence throughout the agency’s execution and world enlargement momentum.

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Cantech Letter founder and editor Nick Waddell has lived in 5 Canadian provinces and is joyful together with his nation’s often ignored contributions to the world of science and know-how. Waddell takes a every day shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications much like Canadian Enterprise and Enterprise Insider.