11:15 AM EST, 01/22/2025 (MT Newswires) -- Data from several third-party sources suggests Shopify's ( SHOP ) fourth-quarter is healthy, likely above consensus due to GMV and margin strength, notes RBC.

However, analyst Paul Treiber is cautious on the stock heading into fourth-quarter results, given the possibility of seasonally light first-quarter guidance.

"We would view a pullback in the stock as a buying opportunity, as we see Shopify ( SHOP ) sustaining strong growth momentum through 2025."

Maintain Outperform rating, US$130 price target.

Price: 152.56, Change: +0.13, Percent Change: +0.09