These Analysts Revise Their Forecasts On Shopify After Q1 Results
These Analysts Revise Their Forecasts On Shopify After Q1 Results
Shopify Inc (NYSE:SHOP) reported upbeat earnings and sales results for its first quarter on Wednesday.
Shopify Inc（紐約證券交易所代碼：SHOP）週三公佈了樂觀的第一季度收益和銷售業績。
The company clocked fiscal first-quarter 2024 revenue growth of 23% year-over-year to $1.86 billion, which beat the consensus estimate of $1.845 billion. Revenue grew by 29% Y/Y after adjusting for the sale of its logistics businesses. The e-commerce platform company reported adjusted EPS of 20 cents, which beat analyst estimates of 17 cents, according to data from Benzinga Pro.
該公司2024財年第一季度收入同比增長23％，達到18.6億美元，超過了市場普遍預期的18.45億美元。經物流業務出售調整後，收入同比增長29％。根據Benzinga Pro的數據，這家電子商務平台公司公佈的調整後每股收益爲20美分，超過了分析師預期的17美分。
Gross merchandise volume increased 23% year-over-year to $60.9 billion. Gross payments volume came in at $36.2 billion. Merchant solutions revenue increased 20% year-over-year to $1.4 billion.
商品總量同比增長23％，達到609億美元。總支付額爲362億美元。商戶解決方案收入同比增長20％，達到14億美元。
"You're seeing the strongest version of Shopify in our history. Our outstanding Q1 performance is clear proof of our dedication to the new shape of Shopify, our commitment to operating with a consistent team size, and our focus on building for the long-term to deliver both growth and profitability," said Harley Finkelstein, President of Shopify. "We are building a 100-year company, and we will continue to remain fiercely agile, capitalizing on every opportunity that accelerates the success of our merchants, enables us to continue to build world-class products, and enhances operational efficiency for better returns."
“你看到的是我們歷史上最強的 Shopify 版本。Shopify總裁哈雷·芬克爾斯坦說，我們在第一季度的出色表現清楚地證明了我們對Shopify新形態的奉獻，我們致力於保持穩定的團隊規模，以及我們專注於長期建設以實現增長和盈利能力。“我們正在建立一家擁有100年曆史的公司，我們將繼續保持極大的靈活性，抓住每一個機會，加速我們的商家取得成功，使我們能夠繼續生產世界一流的產品，提高運營效率以獲得更好的回報。”
Shopify expects revenue growth of high-teens percentage rate on a Y/Y basis versus a $2.03 billion consensus. The company expects the gross margin to decrease by 50 bps sequentially. It projects a free cash flow margin to be similar sequentially.
Shopify預計，收入同比增長百分比將達到10.3億美元。該公司預計毛利率將連續下降50個點子。它預計自由現金流利潤率將按順序相似。
Shopify shares fell 18.6% to close at $62.73 on Wednesday.
週三，Shopify股價下跌18.6％，收於62.73美元。
These analysts made changes to their price targets on Shopify following earnings announcement.
業績公佈後，這些分析師更改了Shopify的目標價格。
Mizuho cut the price target on Shopify from $75 to $65. Mizuho analyst Siti Panigrahi maintained a Neutral rating.
Baird cut the price target on Shopify from $87 to $77. Baird analyst Colin Sebastian maintained an Outperform rating.
Piper Sandler analyst Clarke Jeffries upgraded Shopify from Underweight to Neutral and maintained the price target of $63.
瑞穗將Shopify的目標股價從75美元下調至65美元。瑞穗分析師西蒂·帕尼格拉希維持中性評級。
貝爾德將Shopify的目標股價從87美元下調至77美元。貝爾德分析師科林·塞巴斯蒂安維持跑贏大盤的評級。
派珀·桑德勒分析師克拉克·傑弗里斯將Shopify從減持上調至中性，並維持63美元的目標股價。
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