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Benzinga
Benzinga
Business
Anusuya Lahiri

Shopify's 'Standout' Growth And 'Major Untapped' Ad Opportunity Impress Wall Street

Shopify SHOP Wall Street Gil Luria Mark Zgutowicz Shopify Inc DA Davidson Klarna Scotiabank
Shopify Inc.

Shopify Inc. (NASDAQ:SHOP) is gaining momentum, driven by accelerating growth, an expanding international footprint, and rising influence in artificial intelligence-powered "agentic commerce."

The company's third-quarter results beat expectations across nearly all key metrics, driven by strong global demand, record transaction volumes, and increasing payments adoption through partnerships with PayPal Holdings, Inc. (NASDAQ:PYPL) and Klarna.

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