"The core of this upgrade is Redburn Atlantic's revised price target of $99 for Shopify, indicating a notable 40% potential increase from its current share price of $72."
"Redburn Atlantic projects Shopify to achieve a 29% compound annual growth rate (CAGR) in net revenue from 2023 to 2026, with revenues expected to climb from $3.5 billion in 2023 to $7.6 billion by 2026."
"Shopify, with its seamless integrations across major social media platforms and innovative tools like its Shop Pay button, is uniquely positioned to capture a significant portion of this [social e-commerce] market."
"As social e-commerce continues to expand, Redburn Atlantic forecasts it will grow at 42% CAGR from 2023 to 2028, reaching an estimated $350 billion market by 2028."
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