Q: I am in the process of creating a Shopify store. I am a novice tech guy. I am amazed at how efficient and helpful their AI component is. I’ve don’t own Shopify stock right now but after working with the product I am impressed. What is the 3-5 year outlook for this stock and is now a good time to buy?
5i Research Answer:
The stock has been hit on AI and general sentiment, but we think the outlook from current levels is quite good. EPS should rise 50% this year, 30% in 2027 and 40% in 2028. It has $5.8B cash and generates good cash flow. We think it is a buy for investors with a 3-year+ timeframe.