Shopify Q1 EPS Estimate Up 28% While Shares Fall 27.7%
Shopify shares fell 27.7% over the past month versus a 1.7% S&P 500 drop and a 9.5% industry loss. Q1 EPS estimates rose 28% to $0.32 with full-year consensus EPS forecasts up 50.4% to $1.76, while valuation remains at a premium.
1. Share Performance Trends
Shares of Shopify declined 27.7% over the past month compared with a 1.7% drop in the S&P 500 and a 9.5% loss in the Internet Services industry.
2. Earnings Estimate Revisions
Analysts now forecast Q1 EPS of $0.32, up 28% year-over-year with estimates rising 1% in the past 30 days; full-year EPS estimates of $1.76 (+50.4%) and $2.16 (+22.6%) for the next fiscal year have each edged down 0.1% during the same period.
3. Revenue Growth and Surprise History
Consensus sales estimates of $3.08 billion for Q1 imply 30.5% growth; fiscal year projections of $14.47 billion (+25.2%) and $17.53 billion (+21.1%) follow; last quarter revenues of $3.67 billion (+30.6%) beat forecasts by 2.6% while EPS of $0.46 missed by 8%.
4. Valuation and Rating
Shopify trades at a premium to peers, earning the lowest valuation grade on metrics like P/E and P/S. A proprietary model assigns a Hold rating, suggesting performance may align with broader market trends.