Shopify Jumps 11.5% Before Q2 Earnings — ‘High-Twenties’ Revenue Growth Has Investors Excited
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2 Articles
Shopify Jumps 11.5% Before Q2 Earnings — ‘High-Twenties’ Revenue Growth Has Investors Excited
Shopify surged 11.54% on Monday to close at $126.88, as investors positioned ahead of the e-commerce platform’s second-quarter earnings report due on August 5. The pre-earnings rally was fueled by Shopify’s own guidance for “high-twenties” percentage revenue growth in Q2 — building on a strong 34% revenue increase in Q1 2026. That kind of top-line momentum, if delivered, would confirm that Shopify’s growth story is intact despite a complicated c…
Shopify still has a 37% upside, this analyst says
ATB Capital Markets analyst Martin Toner says Shopify’s (Shopify Stock Quote, Chart, News, Analysts, Financials TSX:SHOP) Q2 results should show whether the company can sustain its growth momentum while expanding its use of artificial intelligence. In a July 20 preview, Toner maintained his “Outperform” rating and $240.00 target on Shopify. His target implies a 37% […] Source
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