Financial Report Outlook | Collaboration with OpenAI Shopify (SHOP.US) Third Quarter AI Cooperation and Holiday Season Guidance Become Focus

Shopify (SHOP.US) will announce its third-quarter earnings before the US stock market opens on Tuesday. The market expects the company's third-quarter revenue to reach $2.73 billion, higher than the $2.16 billion in the same period last year; its expected earnings per share are $0.26, lower than last year's $0.66. According to general expectations, the total value of merchant goods transactions is expected to increase by 28% to $89.12 billion. Analysts expect that the company's expansion in the enterprise and international markets will boost performance. Since reaching a "instant checkout" partnership with the artificial intelligence leader OpenAI at the end of September, Shopify's stock price has continued to rise. Collaboration with OpenAI Deutsche Bank Aktiengesellschaft analyst Bhavin Shah pointed out that Shopify's stock price increased after disclosing the OpenAI Instant Checkout. Shah stated in a report, "This should continue to strengthen the view that Shopify and its merchants can benefit from the constantly evolving artificial intelligence and smart commerce field." Shopify has been expanding its platform to attract more large enterprise clients. Starbucks Corporation, Canada Goose Holdings, Inc., Burton Snowboards, and high-end appliance manufacturer Miele all signed contracts with Shopify in the second quarter. Shah believes this momentum will continue in the third quarter. He stated, "Based on feedback from partners, Shopify's market share in the enterprise client area is growing strongly, with the addition of new customers expected to exceed peers, so Shopify will continue to benefit from this growth." Shareholders will be interested in how inflation and tariff-related price increases will affect online consumers and merchants. Deutsche Bank Aktiengesellschaft predicts that the gross merchandise volume (GMV) is expected to grow by 27%, compared to a 30% growth in the same period last year. Shah pointed out, "Our communication with agents and merchants indicates that market demand is stable, and the impact of price increases on sales is minimal." Holiday Season Outlook Morgan Stanley analyst Keith Weiss stated in a report, "Investors will consider the preliminary performance guidance for the fourth quarter as a barometer of holiday consumer trends and whether Shopify can maintain growth in comparison to the low performance of the same period last year." Weiss added, "Despite significant market volatility earlier in the year and concerns about macroeconomics and tariffs putting pressure on stock prices, Shopify's stock price has risen by over 60% this year so far, benefiting from accelerated revenue growth in the second quarter and a rise in GMV share overcoming concerns about the macroeconomy." Deutsche Bank analyst Shah stated, "We expect the fourth-quarter performance guidance to be broadly in line with Wall Street's expectations, with revenue growth around 20%, gross profit growth around 20%, and GAAP operating expenses as a percentage of revenue around 30%." Jefferies Financial Group Inc. analyst Samad Samana stated, "Third-party data and Amazon.com, Inc.'s earnings forecasts suggest that Shopify's gross merchandise volume and total revenue are likely to exceed expectations again. AI-driven efficiency improvements and cost control will bring robust revenue growth. With the holiday shopping season approaching, we expect its fourth-quarter performance guidance to be very optimistic."