Yup, their WACC is 7-10%, and their cost structure is moving in parallel with their revenue as a percentage. They're not making money… and aren't expected to even up and to, 2027.
Not sure what this echo chamber is smoking, but I have a $40 price target on this thing. No legitimate valuation method is anywhere close to even $50 USD.
I wouldn't worry about Shopify. Yesterday's 13,4% drop is nothing - it didn't go below even moderate support. The price is unlikely to go down lower than 71$. Oh and around $71 somebody was accumulating Shopify stock, most likely for an ETF. The stock is at a fundamental level and presents low risk.
Yup, their WACC is 7-10%, and their cost structure is moving in parallel with their revenue as a percentage. They're not making money… and aren't expected to even up and to, 2027.
Even with a 2027 Revenue estimate of $14.6 billion, I'm getting a 5 year excite DCF price of $5 share.
Not sure what this echo chamber is smoking, but I have a $40 price target on this thing. No legitimate valuation method is anywhere close to even $50 USD.
On my watchlist. A fundamentally solid company where I am welcoming drops like these. Good article and update Harry. Thanks!
I wouldn't worry about Shopify. Yesterday's 13,4% drop is nothing - it didn't go below even moderate support. The price is unlikely to go down lower than 71$. Oh and around $71 somebody was accumulating Shopify stock, most likely for an ETF. The stock is at a fundamental level and presents low risk.
Didn't think it would get crushed like that on a beat