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Deutsche Bank has reaffirmed its Buy rating on Shopify stock with a $150 price target, reflecting confidence in the company's market positioning and growth potential. Shopify is benefiting from retail trends such as unified commerce and Generative AI, alongside strong revenue growth of 25.78% over the past year. The company is gaining traction in the mid-market and enterprise segments, driven by dissatisfaction with existing vendors, while an expanded partnership with Affirm Holdings is set to enhance its payment services.
Affirm Holdings will no longer provide installment loan services to Walmart following the retailer's exclusive partnership with Klarna. Goldman Sachs analyst Will Nance adjusted Affirm's price forecast to $56, citing a lower-than-expected financial impact from the partnership's termination. Despite this setback, Affirm's strong position in the subprime credit market and its extended partnership with Shopify are expected to drive future growth.
Klarna's exclusive partnership with Walmart has ended Affirm's loan installment services for the retailer, impacting its financial outlook. Goldman Sachs analyst Will Nance adjusted Affirm's price forecast to $56, citing lower-than-expected financial repercussions from the Walmart deal, which contributed less to Affirm's GMV and operating income than previously estimated. Affirm's strategic partnerships with Shopify and Amazon are expected to bolster its market position in the growing BNPL sector, despite heightened investor concerns over competitive pressures.
UBS analyst Tim Chiodo has maintained a Neutral rating on Affirm Holdings Inc. with a price target of $62, as the stock trades at $44.78. Despite impressive revenue growth of 46.27%, Affirm remains unprofitable, with significant exposure to Walmart, which accounts for about 5% of its Gross Merchandise Volume. The recent partnership between Walmart's OnePay and Klarna introduces competition, but Affirm's existing relationship with Walmart continues, while it also expands its offerings through partnerships with Shopify and StockX.
UBS analyst Tim Chiodo has reiterated a Neutral rating for Affirm Holdings Inc, maintaining a target price of $62, while the stock trades at $44.78. Despite impressive revenue growth of 46.27%, Affirm remains unprofitable, with significant volatility and competitive risks emerging from Walmart's partnership with Klarna for installment loan services. Affirm's transactions with Walmart account for about 5% of its gross merchandise volume, and the company continues to explore partnerships, including a recent collaboration with StockX.
UBS analyst Tim Chiodo has maintained a Neutral rating on Affirm Holdings Inc, setting a price target of $62, while the stock trades at $44.78. Affirm's partnership with Walmart accounts for about 5% of its gross merchandise volume, despite Walmart's fintech arm, OnePay, partnering with Klarna for installment loans, introducing competition. Affirm continues to grow, reporting a 46.27% sales increase over the past year, although it remains unprofitable with an EBITDA of -$103.91 million.
UBS has raised its price target for Shopify Inc. shares from USD 110 to USD 125 while maintaining a "neutral" rating, following strong quarterly results that exceeded expectations in key metrics. The partnership with PayPal is expected to enhance revenue recognition and improve gross payment volume penetration. Despite Shopify's operational strength, UBS remains cautious, monitoring the ongoing impact of the PayPal collaboration on future revenue growth.
UBS has raised its price target on Shopify Inc. to $125 from $110 while maintaining a neutral rating. Shopify, a Canada-based global commerce company, offers essential internet infrastructure and tools for businesses to manage retail operations across various sales channels, serving merchants in 175 countries.
Shopify Inc., a Canada-based global commerce company, offers essential Internet infrastructure for businesses of all sizes. Its platform enables merchants to manage sales across various channels, including online, in-store, and social media, providing tools for inventory, order processing, customer relationships, and analytics. Operating in 175 countries, Shopify delivers a comprehensive solution for retail management.
IG Securities, the Japanese arm of IG Group, will extend trading hours for 30 US stock CFDs starting January 20, 2025. These instruments will be available from 6:00 PM Japan time to 10:00 AM the next day, with specific hours on Fridays. Traders should verify trading hours and ensure their accounts maintain sufficient margin to avoid liquidation.
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Deutsche Bank reaffirms buy rating for Shopify with 150 dollar target
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17:22 28.03.2025
Walmart partnership shift impacts Affirm's financial outlook and market position
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19:20 18.03.2025
Walmart partners with Klarna impacting Affirm's market position and forecasts
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19:20 18.03.2025
ubs maintains neutral rating on affirm stock amid competitive pressures
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15:56 18.03.2025
ubs maintains neutral rating for affirm with target price of sixty two dollars
15:54 18.03.2025
ubs maintains neutral rating on affirm with price target of sixty two dollars
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15:54 18.03.2025
Shopify raises price target amid strong quarterly results and PayPal partnership
16:08 13.02.2025
ubs raises shopify price target to 125 maintains neutral rating
14:47 12.02.2025
shopify enhances global commerce with integrated platform for diverse retail needs
19:37 29.01.2025
ig japan extends trading hours for 30 us stock cfds starting january 2025
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