Shopify 2Q Outlook Seen as Healthy Despite Stock Pullback -- Market Talk
Dow Jones02:09
1409 ET - Shopify's 2Q guidance is "very healthy, but likely below buy-side bar," says William Blair's Arjun Bhatia in a report. The analyst says total revenue is expected to grow in the high 20s next quarter, with consensus sitting at 27%. He also notes that growth will see less of an FX benefit than in 1Q, which provided a 200-basis point tailwind compared with 50 bps in 2Q. Bhatia adds that comps are tougher given the acceleration last quarter. Shopify sinks 15% to C$146.70. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
May 05, 2026 14:09 ET (18:09 GMT)
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