SHOP Stock Forecast: Recovery from the COVID Aftershock

June 26, 2023
Anastasia MakuyevThis SHOP Stock Forecast article was written by Anastasia Makuyev – Quantitative Analyst at I Know First.

Summary

  • Seasonal revenue patterns will most likely drive upward growth for SHOP (Shopify), especially during the fourth quarter when holiday shopping peaks.
  • We forecast that the e-commerce industry will continue growing, providing favorable conditions for Shopify's expansion.
  • Shopify's emphasis on supporting individual entrepreneurs and small businesses, coupled with recent initiatives and partnerships, will contribute to its anticipated growth.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here
Premium Articles