Shopify: The Growth Will Return

Jan. 27, 2023 11:17 AM ETShopify Inc. (SHOP), SHOP:CA14 Comments
Graham Grieder profile picture
Graham Grieder


  • Shopify has had a tough go the last year, with the collapse of the tech market and the acquisition of Deliverr coinciding.
  • Shopify will produce 20ish% revenue growth in 2022, and hopefully close to 30% in 2023.
  • Shopify has significantly increased its pricing plans for the first time in 12 years.

Shopify Germany

Sean Gallup

Shopify (NYSE:SHOP) has had its self quite the year. Bottoming out under $25, it looks like the stock might finally have some serious life back. The stock surged over 10% today on the news of a new price plan. The company is set








This article was written by

Graham Grieder profile picture
A finance graduate from the University of Alberta. I have developed a trend-following strategy backed by solid fundamentals. Removing emotion from the situation is the hardest, yet most important lesson to learn.-"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett

Disclosure: I/we have a beneficial long position in the shares of SHOP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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