What is DA Davidson’s Estimate for Shopify FY2025 Earnings?

Shopify Inc. (TSE:SHO) – Equities research analysts at DA Davidson cut their FY2025 earnings per share estimates for shares of Shopify in a research report issued to clients and investors on Tuesday, June 17th. DA Davidson analyst G. Luria now anticipates that the company will post earnings of $1.35 per share for the year, down from their previous forecast of $1.37. DA Davidson also issued estimates for Shopify’s FY2026 earnings at $1.87 EPS.

SHO has been the subject of a number of other reports. Capital One Financial raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 8th. BMO Capital Markets raised Shopify to a “strong-buy” rating in a research note on Tuesday, May 6th. Atb Cap Markets upgraded Shopify from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 8th. Finally, BNP Paribas cut Shopify from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 5th. Three investment analysts have rated the stock with a hold rating and ten have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Strong Buy”.

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About Shopify

ICC Labs Inc is a medicinal and recreational cannabis producer based in South America. The firm primarily producing, researching and marketing cannabis for medical and recreational uses, and hemp-based products. The company’s operations are organized into two operating segments, Recreational segment and Cannabinoids Extraction segment.