What is Roth Capital’s Estimate for Shopify Q3 Earnings?

Shopify Inc. (NYSE:SHOP) (TSE:SHOP) – Investment analysts at Roth Capital dropped their Q3 2025 earnings estimates for Shopify in a research note issued to investors on Thursday, April 24th. Roth Capital analyst D. Aftahi now expects that the software maker will post earnings of $0.26 per share for the quarter, down from their prior forecast of $0.27. The consensus estimate for Shopify’s current full-year earnings is $1.12 per share. Roth Capital also issued estimates for Shopify’s FY2025 earnings at $1.14 EPS and FY2026 earnings at $1.45 EPS.

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%.

Other research analysts have also issued reports about the company. TD Securities upped their price objective on Shopify from $100.00 to $130.00 and gave the company a “hold” rating in a report on Wednesday, February 12th. Citigroup lifted their price target on shares of Shopify from $143.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. The Goldman Sachs Group cut their price target on shares of Shopify from $150.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, April 22nd. Scotiabank decreased their target price on Shopify from $120.00 to $90.00 and set a “sector perform” rating on the stock in a research report on Monday. Finally, Royal Bank of Canada cut their price target on Shopify from $145.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $118.83.

Shopify Trading Up 1.5 %

Shopify stock opened at $98.57 on Monday. The company has a market capitalization of $127.63 billion, a price-to-earnings ratio of 63.59, a PEG ratio of 4.82 and a beta of 2.82. Shopify has a 12 month low of $48.56 and a 12 month high of $129.38. The stock’s 50 day moving average is $96.21 and its 200-day moving average is $102.16.

Hedge Funds Weigh In On Shopify

Hedge funds have recently bought and sold shares of the company. Jennison Associates LLC purchased a new position in shares of Shopify during the 4th quarter valued at $132,323,000. Watts Gwilliam & Co. LLC boosted its stake in Shopify by 53.0% during the fourth quarter. Watts Gwilliam & Co. LLC now owns 13,401 shares of the software maker’s stock valued at $1,431,000 after buying an additional 4,641 shares during the period. Synovus Financial Corp purchased a new position in Shopify during the third quarter worth about $481,000. Western Financial Corp CA bought a new position in Shopify in the 4th quarter worth about $239,000. Finally, Kessler Investment Group LLC bought a new position in Shopify in the 4th quarter worth about $6,105,000. Hedge funds and other institutional investors own 69.27% of the company’s stock.

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.