Wedbush Forecasts Shopify’s Q2 Earnings (NYSE:SHOP)

Shopify Inc. (NYSE:SHOP) (TSE:SHOP) – Investment analysts at Wedbush reduced their Q2 2025 earnings estimates for Shopify in a note issued to investors on Tuesday, April 15th. Wedbush analyst S. Devitt now forecasts that the software maker will post earnings of $0.19 per share for the quarter, down from their prior forecast of $0.23. Wedbush has a “Outperform” rating and a $110.00 price objective on the stock. The consensus estimate for Shopify’s current full-year earnings is $1.12 per share. Wedbush also issued estimates for Shopify’s Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $0.96 EPS and FY2026 earnings at $1.41 EPS.

SHOP has been the topic of several other research reports. TD Securities upped their price target on shares of Shopify from $100.00 to $130.00 and gave the stock a “hold” rating in a research report on Wednesday, February 12th. Loop Capital decreased their price target on shares of Shopify from $150.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday. Piper Sandler boosted their price objective on shares of Shopify from $94.00 to $104.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 12th. Barclays increased their price objective on Shopify from $93.00 to $100.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 12th. Finally, Morgan Stanley dropped their target price on Shopify from $144.00 to $106.00 and set an “overweight” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $120.94.

Shopify Stock Performance

Shares of SHOP stock opened at $83.65 on Friday. Shopify has a 52 week low of $48.56 and a 52 week high of $129.38. The stock has a market capitalization of $108.31 billion, a PE ratio of 53.97, a PEG ratio of 4.82 and a beta of 2.82. The stock’s fifty day moving average is $101.26 and its 200-day moving average is $101.43.

Shopify (NYSE:SHOP) (TSE:SHOP) last announced its earnings results on Tuesday, February 11th. The software maker reported $0.34 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.10). Shopify had a return on equity of 12.00% and a net margin of 22.74%.

Institutional Investors Weigh In On Shopify

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Shopify during the fourth quarter valued at approximately $1,542,262,000. Arrowstreet Capital Limited Partnership increased its holdings in Shopify by 79.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 16,487,579 shares of the software maker’s stock worth $1,752,834,000 after buying an additional 7,316,862 shares during the last quarter. Alliancebernstein L.P. lifted its stake in Shopify by 631.3% in the fourth quarter. Alliancebernstein L.P. now owns 4,459,580 shares of the software maker’s stock valued at $474,187,000 after acquiring an additional 3,849,796 shares during the last quarter. Marshall Wace LLP grew its position in shares of Shopify by 623.8% in the 4th quarter. Marshall Wace LLP now owns 1,870,891 shares of the software maker’s stock valued at $198,932,000 after acquiring an additional 2,228,091 shares during the period. Finally, Durable Capital Partners LP increased its stake in shares of Shopify by 86.9% during the 4th quarter. Durable Capital Partners LP now owns 3,950,348 shares of the software maker’s stock worth $420,041,000 after purchasing an additional 1,836,294 shares during the last quarter. 69.27% of the stock is owned by institutional investors.

About Shopify

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.