Shopify (SHOP): “Solid” Revenue Growth & Successful Product Execution

Shopify (SHOP) has turned a corner on balanced growth and margin under new CFO Jeff Hoffmeister, notes a BofA analyst. BofA forecasts “solid” revenue growth and free cash flow conversion. A Wolfe Research analyst adds that ongoing share gains are driven by successful product execution and total addressable market expansion.

Next Gen Investing

16 Jul 2024

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