DA Davidson Comments on Shopify’s Q1 Earnings (TSE:SHO)

Shopify Inc. (TSE:SHO) – Stock analysts at DA Davidson dropped their Q1 2025 earnings per share estimates for shares of Shopify in a research report issued to clients and investors on Tuesday, April 15th. DA Davidson analyst G. Luria now anticipates that the company will earn $0.22 per share for the quarter, down from their prior estimate of $0.23. DA Davidson also issued estimates for Shopify’s FY2025 earnings at $1.42 EPS and FY2026 earnings at $1.86 EPS.

SHO has been the subject of a number of other reports. Benchmark raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 10th. New Street Research upgraded Shopify to a “hold” rating in a research report on Friday, January 10th. Wedbush upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Phillip Securities cut Shopify from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 17th. Five analysts have rated the stock with a hold rating and eight have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

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ICC Labs Inc is a medicinal and recreational cannabis producer based in South America. The firm primarily producing, researching and marketing cannabis for medical and recreational uses, and hemp-based products. The company’s operations are organized into two operating segments, Recreational segment and Cannabinoids Extraction segment.