Key Economic Data and Earnings Reports Coming Tomorrow
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy SHOP?
Source: Yahoo Finance
- Jobs Report Release: The delayed January jobs report will be released tomorrow, including not only the usual payrolls and unemployment rate but also major benchmark revisions that could sharply lower hiring estimates for 2025, potentially reshaping market expectations for Fed policy.
- Earnings Highlights: Major companies like McDonald's, Cisco, and T-Mobile are set to report earnings on Wednesday, with analysts expecting McDonald's U.S. same-store sales to rise in Q4 due to value-focused offerings and the Monopoly promotion, while investors will closely watch margins and guidance for 2026.
- Cisco's Market Demand: Cisco's second-quarter earnings report is anticipated to show resilient enterprise networking demand, particularly with AI-related infrastructure spending providing incremental upside, indicating continued strength in the tech sector.
- Fed Policy Outlook: As the latest labor data is released, markets will weigh whether it gives the Fed more room to maneuver or reinforces the need for patience, which could significantly influence future monetary policy decisions.
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Analyst Views on SHOP
Wall Street analysts forecast SHOP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHOP is 180.62 USD with a low forecast of 140.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
31 Analyst Rating
18 Buy
13 Hold
0 Sell
Moderate Buy
Current: 118.400
Low
140.00
Averages
180.62
High
200.00
Current: 118.400
Low
140.00
Averages
180.62
High
200.00
About SHOP
Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Shopify Shares Rise Ahead of Earnings Report
- Earnings Anticipation: Shopify Inc. shares are trading higher in Tuesday's premarket session, reflecting market expectations ahead of the quarterly earnings report scheduled for Wednesday, despite a slight decline in the overall tech sector, indicating complex market sentiment.
- Technical Indicator Analysis: Currently, Shopify's stock is approximately 11.4% below its 20-day simple moving average and 21.2% below its 100-day moving average, suggesting a lack of upward momentum in the short term, with a 1.25% decline over the past 12 months, positioning it closer to its 52-week lows, highlighting a challenging market environment.
- Earnings Forecast: Shopify is expected to report an EPS of 47 cents (up 6.8% YoY) and revenue of $3.59 billion (up 27.7% YoY) on February 11, 2026, indicating the company's potential for revenue growth amidst market challenges.
- Analyst Rating Changes: Despite BMO Capital lowering its price target to $150, Scotiabank upgraded it to Sector Outperform with a target of $200, reflecting divergent views among analysts regarding Shopify's future performance and highlighting differing opinions on its valuation in the market.
See More
Mixed Close for US Stocks as Retail Sales Stagnate
- Retail Sales Weakness: US December retail sales were unchanged month-over-month, falling short of the +0.4% expectation, indicating weakness in consumer spending that could lead to a downward revision in Q4 GDP, thereby impacting market confidence and economic growth outlook.
- Employment Cost Index Decline: The US Q4 employment cost index rose by +0.7% quarter-over-quarter, below the expected +0.8%, marking the smallest increase in 4.5 years, suggesting easing labor cost pressures that may influence the Fed's monetary policy decisions.
- Mixed Market Performance: The Dow Jones Industrial Average reached a new all-time high, closing up +0.10%, while the S&P 500 and Nasdaq 100 indices fell by -0.33% and -0.56%, respectively, reflecting divergent market sentiment and uncertainty.
- Focus on Upcoming Economic Data: The market will closely monitor upcoming economic data, including January nonfarm payrolls and unemployment rate, which are expected to significantly influence future monetary policy and market trends.
See More
Key Economic Data and Earnings Reports Coming Tomorrow
- Jobs Report Release: The delayed January jobs report will be released tomorrow, including not only the usual payrolls and unemployment rate but also major benchmark revisions that could sharply lower hiring estimates for 2025, potentially reshaping market expectations for Fed policy.
- Earnings Highlights: Major companies like McDonald's, Cisco, and T-Mobile are set to report earnings on Wednesday, with analysts expecting McDonald's U.S. same-store sales to rise in Q4 due to value-focused offerings and the Monopoly promotion, while investors will closely watch margins and guidance for 2026.
- Cisco's Market Demand: Cisco's second-quarter earnings report is anticipated to show resilient enterprise networking demand, particularly with AI-related infrastructure spending providing incremental upside, indicating continued strength in the tech sector.
- Fed Policy Outlook: As the latest labor data is released, markets will weigh whether it gives the Fed more room to maneuver or reinforces the need for patience, which could significantly influence future monetary policy decisions.
See More
US Retail Sales Weakness Impacts Markets
- Retail Sales Stagnation: US retail sales for December were unchanged month-over-month, falling short of the +0.4% expectation, indicating weakness in consumer spending that could lead to a downward revision in Q4 GDP, thereby impacting overall economic growth forecasts.
- Employment Cost Index Decline: The Q4 employment cost index rose by 0.7% quarter-over-quarter, below the expected 0.8%, marking the smallest increase in 4.5 years, suggesting easing labor cost pressures that may influence Federal Reserve monetary policy decisions.
- Positive Earnings Outlook: More than half of S&P 500 companies have reported earnings, with 79% exceeding expectations, and Q4 earnings growth is projected at 8.4%, reflecting strong corporate profitability that could support stock market performance.
- Market Focus on Economic Data: This week, the market will concentrate on upcoming economic data releases, including non-farm payrolls and CPI, which are expected to influence investor expectations regarding future interest rate policies and subsequently affect stock market volatility.
See More
Shopify Stock Rises Ahead of Earnings on AI Momentum
- Stock Surge: Shopify's stock jumped on Tuesday, reflecting optimistic market expectations ahead of its earnings report, particularly in the context of AI-driven business growth, indicating investor confidence in the company's future performance.
- Analyst Support: JPMorgan remains bullish on Shopify's execution, believing that its applications in artificial intelligence will drive performance growth, thereby enhancing market interest in its shares.
- Positive Market Reaction: As the earnings report approaches, investor attention on Shopify has increased, with the stock's rise not only reflecting anticipation for the upcoming report but also recognition of the company's long-term strategy.
- AI-Driven Growth Potential: Shopify's advancements in artificial intelligence are expected to further enhance its market competitiveness, attract more customers, and drive sales growth, solidifying the company's leadership position in the e-commerce sector.
See More
JP Morgan Reiterates Overweight Rating on Shopify
- Earnings Outlook: JP Morgan analyst Reginald L. Smith reiterated an Overweight rating on Shopify, projecting fourth-quarter revenues of $3.557 billion, a 26% year-over-year increase, with adjusted earnings per share expected at 53 cents, indicating sustained growth potential in the e-commerce sector.
- Market Dynamics: Despite a slowdown in e-commerce payment volumes due to tough comparisons, Smith noted a significant rise in sales during Black Friday-Cyber Monday, broadly aligning with market expectations, suggesting robust consumer demand remains intact.
- Product Innovation: The analyst highlighted Shopify's enablement of in-chat purchasing across major AI platforms, which, while adding transaction fees, could potentially expand merchant reach and drive further revenue growth.
- Investor Focus: Smith emphasized that investors are looking for first-quarter guidance to match the strong performance of the fourth quarter, including healthy revenue and profit growth, although negative sentiment surrounding software and payments stocks may impact market performance.
See More
Shopify Shares Rise Ahead of Earnings Report
- Earnings Anticipation: Shopify Inc. shares are trading higher in Tuesday's premarket session, reflecting market expectations ahead of the quarterly earnings report scheduled for Wednesday, despite a slight decline in the overall tech sector, indicating complex market sentiment.
- Technical Indicator Analysis: Currently, Shopify's stock is approximately 11.4% below its 20-day simple moving average and 21.2% below its 100-day moving average, suggesting a lack of upward momentum in the short term, with a 1.25% decline over the past 12 months, positioning it closer to its 52-week lows, highlighting a challenging market environment.
- Earnings Forecast: Shopify is expected to report an EPS of 47 cents (up 6.8% YoY) and revenue of $3.59 billion (up 27.7% YoY) on February 11, 2026, indicating the company's potential for revenue growth amidst market challenges.
- Analyst Rating Changes: Despite BMO Capital lowering its price target to $150, Scotiabank upgraded it to Sector Outperform with a target of $200, reflecting divergent views among analysts regarding Shopify's future performance and highlighting differing opinions on its valuation in the market.
See More
Mixed Close for US Stocks as Retail Sales Stagnate
- Retail Sales Weakness: US December retail sales were unchanged month-over-month, falling short of the +0.4% expectation, indicating weakness in consumer spending that could lead to a downward revision in Q4 GDP, thereby impacting market confidence and economic growth outlook.
- Employment Cost Index Decline: The US Q4 employment cost index rose by +0.7% quarter-over-quarter, below the expected +0.8%, marking the smallest increase in 4.5 years, suggesting easing labor cost pressures that may influence the Fed's monetary policy decisions.
- Mixed Market Performance: The Dow Jones Industrial Average reached a new all-time high, closing up +0.10%, while the S&P 500 and Nasdaq 100 indices fell by -0.33% and -0.56%, respectively, reflecting divergent market sentiment and uncertainty.
- Focus on Upcoming Economic Data: The market will closely monitor upcoming economic data, including January nonfarm payrolls and unemployment rate, which are expected to significantly influence future monetary policy and market trends.
See More
Key Economic Data and Earnings Reports Coming Tomorrow
- Jobs Report Release: The delayed January jobs report will be released tomorrow, including not only the usual payrolls and unemployment rate but also major benchmark revisions that could sharply lower hiring estimates for 2025, potentially reshaping market expectations for Fed policy.
- Earnings Highlights: Major companies like McDonald's, Cisco, and T-Mobile are set to report earnings on Wednesday, with analysts expecting McDonald's U.S. same-store sales to rise in Q4 due to value-focused offerings and the Monopoly promotion, while investors will closely watch margins and guidance for 2026.
- Cisco's Market Demand: Cisco's second-quarter earnings report is anticipated to show resilient enterprise networking demand, particularly with AI-related infrastructure spending providing incremental upside, indicating continued strength in the tech sector.
- Fed Policy Outlook: As the latest labor data is released, markets will weigh whether it gives the Fed more room to maneuver or reinforces the need for patience, which could significantly influence future monetary policy decisions.
See More
US Retail Sales Weakness Impacts Markets
- Retail Sales Stagnation: US retail sales for December were unchanged month-over-month, falling short of the +0.4% expectation, indicating weakness in consumer spending that could lead to a downward revision in Q4 GDP, thereby impacting overall economic growth forecasts.
- Employment Cost Index Decline: The Q4 employment cost index rose by 0.7% quarter-over-quarter, below the expected 0.8%, marking the smallest increase in 4.5 years, suggesting easing labor cost pressures that may influence Federal Reserve monetary policy decisions.
- Positive Earnings Outlook: More than half of S&P 500 companies have reported earnings, with 79% exceeding expectations, and Q4 earnings growth is projected at 8.4%, reflecting strong corporate profitability that could support stock market performance.
- Market Focus on Economic Data: This week, the market will concentrate on upcoming economic data releases, including non-farm payrolls and CPI, which are expected to influence investor expectations regarding future interest rate policies and subsequently affect stock market volatility.
See More
Shopify Stock Rises Ahead of Earnings on AI Momentum
- Stock Surge: Shopify's stock jumped on Tuesday, reflecting optimistic market expectations ahead of its earnings report, particularly in the context of AI-driven business growth, indicating investor confidence in the company's future performance.
- Analyst Support: JPMorgan remains bullish on Shopify's execution, believing that its applications in artificial intelligence will drive performance growth, thereby enhancing market interest in its shares.
- Positive Market Reaction: As the earnings report approaches, investor attention on Shopify has increased, with the stock's rise not only reflecting anticipation for the upcoming report but also recognition of the company's long-term strategy.
- AI-Driven Growth Potential: Shopify's advancements in artificial intelligence are expected to further enhance its market competitiveness, attract more customers, and drive sales growth, solidifying the company's leadership position in the e-commerce sector.
See More
JP Morgan Reiterates Overweight Rating on Shopify
- Earnings Outlook: JP Morgan analyst Reginald L. Smith reiterated an Overweight rating on Shopify, projecting fourth-quarter revenues of $3.557 billion, a 26% year-over-year increase, with adjusted earnings per share expected at 53 cents, indicating sustained growth potential in the e-commerce sector.
- Market Dynamics: Despite a slowdown in e-commerce payment volumes due to tough comparisons, Smith noted a significant rise in sales during Black Friday-Cyber Monday, broadly aligning with market expectations, suggesting robust consumer demand remains intact.
- Product Innovation: The analyst highlighted Shopify's enablement of in-chat purchasing across major AI platforms, which, while adding transaction fees, could potentially expand merchant reach and drive further revenue growth.
- Investor Focus: Smith emphasized that investors are looking for first-quarter guidance to match the strong performance of the fourth quarter, including healthy revenue and profit growth, although negative sentiment surrounding software and payments stocks may impact market performance.
See More
