The four main pillars driving long-term growth! UBS outlines Shopify's (SHOP.US) blueprint for the next ten years: Both GMV and gross profit are expected to have a compound annual growth rate of over 15%.

According to the report released by UBS recently, based on the assumptions of current and forecasted market size and growth rate for 2035, market share forecast range, unit economic benefits, payment penetration rate, and additional service adoption rate, Shopify (SHOP.US) is expected to achieve a compound annual growth rate of approximately 15-21% in gross merchandise volume (GMV) from 2025 to 2035, while the gross profit compound annual growth rate is expected to reach 15-20%. The bank gave Shopify a "neutral" rating with a 12-month target price of $165.