Samuel Meciar's avatar
$34.3m follower assets
Just run $SHOP through my model after the price hikes on subscription plans that were announced today.

Shopify still isn't cheap and I can see a reality where we go test $25 if things go wrong, but these price increases should help push up the growth and profitability again and therefore help justify Shopify's valuation better.

Disclosure: I'm long and as of writing this up 40% on my position.
Beaver Capital's avatar
I like $SHOP for the long term and I think it’ll likely carry a higher multiple. It has had a solid YTD and I hope we wouldn’t see $25 as we almost got there in Oct 2022. Who knows but I like it long term and happy to keep holding (and buying on pullbacks)

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