business / news / / Barchart
Shopify produced 31% free cash flow growth, but its FCF margins were slightly lower on 34% higher revenue growth.
Shopify's free cash flow is projected to grow 36.7% over the next twelve months.
KEY POINTS
- Unusually large long-term SHOP call option trades occurred, notably 92,000 contracts at the $195 strike.
- Shopify's FCF margin decline is minor; FCF could still reach $2.834B on current forecasts.
- Analyst price targets for Shopify average $148.47, implying significant upside from current levels.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →