$SHOP TOP 20
🕑 Added 2025-02-09 19:15:48 +0000 UTC$SHOP reports before the market opens on Tuesday and I think it's going to be an important earnings.
$SHOP is heavily linked to $AMZN's performance so the one variable here is that they too may have a FX impact during this current Q1 quarter
Ideally they do have this one off issue and the share price pulls back and goes below $94, so we can add again.
No concerns from their report and this moves upwards in this Wave 3 with the target at $159.
Comments
TommyJR
$SHOP | Shopify Q4'24 Earnings Highlights 🔹 EPS: $0.43 (Est. $0.43) 🟡 🔹 Revenue: $2.812B (Est. $2.731B) 🟢; UP +31% YoY 🔹 Free Cash Flow: $611M (Est. $568.16M) 🟢; UP +37% YoY Q1'25 Guidance: 🔹 Revenue Growth: Mid-20% range YoY (Est. 25% YoY)😕 🔹 Gross Profit Growth: Low-20% range YoY 🔹 Operating Expenses: 41%-42% of Revenue 🔹 Free Cash Flow Margin: Mid-Teens