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Investing.com - Cantor Fitzgerald has reiterated its Neutral rating on Shopify (NASDAQ:SHOP) with a price target of $156.00. The stock, currently trading at $140.85, has demonstrated remarkable strength with an 89% return over the past year, according to InvestingPro data.
The research firm’s analyst Deepak Mathivanan maintained the rating following an assessment of Shopify’s cross-border transaction volumes.
Cross-border gross merchandise volume (GMV) represented 15% of Shopify’s total GMV in the second quarter of 2025, according to the analyst’s report.
Approximately 4% of GMV globally was shipped under de minimis exemptions during the same period.
The firm noted that Shopify "has not seen any significant changes in GMV levels relating to merchants that shipped products under the de minimis exemption for China since the rules were changed in May." InvestingPro analysis reveals 18 additional key insights about Shopify’s performance and valuation, available in the comprehensive Pro Research Report.
In other recent news, Shopify Inc . reported its financial results for the second quarter of 2025, revealing a strong revenue performance that exceeded analysts’ expectations. The company achieved a revenue of $2.7 billion, surpassing the projected $2.54 billion, which represents a 31% increase compared to the previous year. Despite the impressive revenue figures, Shopify’s earnings per share (EPS) fell slightly below expectations, registering at $0.27 instead of the anticipated $0.29. This resulted in a 6.9% earnings surprise. These recent developments highlight the company’s robust revenue growth while also indicating a minor shortfall in earnings per share.
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