Shopify Inc.

SHOP

CA82509L1076

Internet Services

Market Closed - Nyse Other stock markets 01:30:01 11/05/2024 am IST			After market 05:29:33 am
58.94 ^USD	-5.62%		59.22	+0.48%

09/05	Deutsche Bank Cuts Shopify Target to US$80, Maintains Buy Rating	MT
09/05	RBC Cuts Shopify Target to $85, Maintains Outperform, After Q1	MT

Shopify Taps Nejatian as Operating Chief, Hoffmeister as Financial Chief

September 08, 2022 at 06:25 pm IST

By Adriano Marchese

Shopify Inc. said Thursday that it has appointed Kaz Nejatian as chief operating officer and Jeff Hoffmeister to the role of chief financial officer.

Effective immediately, Mr. Nejatian, who currently serves in the role of vice president of product at the company, replaces current Operating Chief Toby Shannan, the Canadian e-commerce company said.

Mr. Shannon is retiring from his position at Shopify.

In addition, Jeff Hoffmeister is set to succeed Amy Shapero in the role of financial chief. Ms. Shapero is expected to step down from her role following the company's third-quarter earnings announcement on Oct. 27.

Mr. Hoffmeister will join the company from Morgan Stanley, where he currently holds the title of managing director of its technology investment banking group.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

09-08-22 0854ET

Latest news about Shopify Inc.

Deutsche Bank Cuts Shopify Target to US$80, Maintains Buy Rating	09/05	MT
RBC Cuts Shopify Target to $85, Maintains Outperform, After Q1	09/05	MT
Shopify's Overall Fundamentals Intact Despite Q1 Falling Short of Investor Expectations, Oppenheimer Says	09/05	MT
Barclays Adjusts Shopify's Price Target to $63 From $68, Keeps Equalweight Rating	09/05	MT
UBS Cuts Price Target on Shopify to $71 From $80, Maintains Neutral Rating	09/05	MT
Baird Adjusts Price Target on Shopify to $77 From $87, Keeps Outperform Rating	09/05	MT
Goldman Sachs Cuts Price Target on Shopify to $67 From $75, Maintains Neutral Rating	09/05	MT
Mizuho Securities Cuts Price Target on Shopify to $65 From $75, Maintains Neutral Rating	09/05	MT
Shopify Price Target Lowered to $72 at TD	09/05	MT
Shopify Upgraded to Outperform at ATB Capital	09/05	MT
Shopify Price Target Lowered to US$85 at CIBC	09/05	MT
Deutsche Bank Cuts Shopify Price Target to $80 From $95, Maintains Buy Rating	09/05	MT
Shopify Price Target Lowered to US$85 at RBC	09/05	MT
Piper Sandler Upgrades Shopify to Neutral From Underweight	09/05	MT
JMP Securities Upgrades Shopify to Market Outperform From Market Perform	09/05	MT
Piper Sandler Upgrades Shopify to Neutral From Underweight, Price Target at $63	09/05	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Thursday; Arm Holdings, Airbnb to Decline	09/05	MT
RBC Cuts Price Target on Shopify to $85 From $100, Keeps Outperform Rating	09/05	MT
Morgan Stanley Lowers Price Target on Shopify to $80 From $85, Keeps Overweight Rating	09/05	MT
Wedbush Adjusts Price Target on Shopify to $68 From $75, Maintains Neutral Rating	09/05	MT
Truist Adjusts Price Target on Shopify to $65 From $85, Maintains Hold Rating	09/05	MT
Tech Advances Slightly Amid Mixed Earnings Reports - Tech Roundup	09/05	DJ
News Highlights : Top Company News of the Day - Wednesday at 5 PM ET	09/05	DJ
News Highlights : Top Company News of the Day - Wednesday at 7 PM ET	09/05	DJ
TSX gives up win streak as Shopify posts record decline	09/05	RE

Chart Shopify Inc.

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Company Profile

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

Sector

Internet Services

Calendar

04/06/2024 - Annual General Meeting

More about the company

Income Statement Evolution

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Analysis / Opinion

Ryan Petersen, CEO of Flexport: Behind the scenes of the acquisition of Shopify's logistics division

December 23, 2023 at 03:24 am IST

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Ratings for Shopify Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

58.94 USD

Average target price

78.53 USD

Spread / Average Target

+33.24%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector E-commerce & Auction Services

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GLOBAL-E ONLINE LTD.	-25.44%	4.91B
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E-commerce & Auction Services

Shopify Inc.

Equities

SHOP

CA82509L1076

Internet Services

Shopify Taps Nejatian as Operating Chief, Hoffmeister as Financial Chief

EPS Revisions