Shopify Inc. (SHOP)
| Market Cap | 75.23B |
| Revenue (ttm) | 7.41B |
| Net Income (ttm) | -209.00M |
| Shares Out | 1.29B |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | 53.57 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,220,576 |
| Open | 57.95 |
| Previous Close | 57.81 |
| Day's Range | 57.04 - 58.59 |
| 52-Week Range | 45.50 - 91.57 |
| Beta | 2.20 |
| Analysts | Buy |
| Price Target | 75.13 (+28.36%) |
| Earnings Date | May 8, 2024 |
About SHOP
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for SHOP stock is "Buy." The 12-month stock price forecast is $75.13, which is an increase of 28.36% from the latest price.
News
Slowing Shopify Growth Spells Challenges for BNPL Partner Affirm
As Shopify's growth slows down, its buy now, pay later (BNPL) partner, Affirm, is feeling the burn.
The Score: Tyson Foods, Walt Disney, Shopify and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news
Shopify Shares Tumble on Profit Outlook, Continued Marketing Spend
Shopify shares tumbled after the Canadian digital commerce company pledged to continue investing in marketing even though doing so will pinch profits. Shopify President Harley Finkelstein joins Ed Lud...
Three-Stock Lunch: Shopify, Anheuser-Busch InBev SA, & Electronic Arts
Eva Ados, ERShares COO and chief investment strategist, joins CNBC's 'Power Lunch' to discuss investment plays for three stocks: Shopify, Anheuser-Busch InBev SA, and Electronic Arts.
Consumers' Click-and-Mortar™ Expectations Shape Shopify's Future
Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such as Shopify adapt.
Shopify president on Q1 results: Seeing the strongest version of Shopify in our 20-year history
Shopify president Harley Finkelstein joins 'Squawk on the Street' to discuss the company's quarterly earnings results, Q2 guidance, strength of the consumer, growth outlook, and more.
Shopify Shares Plunge 20% In Company's Worst-Ever Trading Day After E-Commerce Giant Warns Of Sales Slowdown
Shares of Shopify were down by the most in the stock's history in midday trading Wednesday after the e-commerce giant reported a surprising first-quarter loss and warned that last year's sale of its l...
Shopify (SHOP) Falls After Soft 2Q Guidance
Shopify (SHOP) falls after soft 2Q guidance. Renita Young discusses this as Shopify sees 2Q gross margin declining 0.50% quarter-over-quarter and sees 2Q revenue growth in high-teens versus an estimat...
Shopify Stock Sinks on Disappointing Guidance
Shares of Shopify (SHOP) plunged in intraday trading Wednesday after the e-commerce firm gave guidance that was lower than forecasts as sales growth slowed and its results were impacted by the sale of...
Shopify Stock on Track for Record Drop as Revenue Outlook Weakens
While its first-quarter results were largely better than expected, the online-shopping platform must now navigate an environment of shaky consumer spending.
A Quiet Tuesday But Earnings Continue
Reddit Reports Strong First Quarter Earnings. Uber Misses. Second Quarter Earnings Expectations Moving Up.
Shopify shares plunge 18% on weak guidance
The Canadian e-commerce company beat on the top and bottom line, but it gave downbeat guidance for the second quarter.
Shopify warns on margins and posts big quarterly loss, sending shares plunging premarket
Shopify stunned investors after reporting a surprise loss for the first three months of the year. The e-commerce platform posted a $273 million loss for the first quarter.
Morning Minute: Wednesday, May 8
Earnings season rolls along as UBER, RDDT and SHOP share their latest quarterly reports.
Shopify stock (SHOP) gets a boost after strong Q1 earnings report
Shopify stock (NYSE: SHOP) has received a boost following the release of strong first-quarter 2024 financial results. The SHOP stock had taken a beating in the pre-market hours, dropping by −12.61 (16...
Shopify Revenue Surges but Stock Plummets on Surprise Loss
The e-commerce company posts a loss of 21 cents a share in the first quarter.
Shopify's stock slides 18% after company swings to surprise Q1 loss
Shopify Inc.'s stock SHOP tumbled 18% early Wednesday, after the commerce infrastructure provider swung to a surprise first-quarter loss, offsetting a revenue beat. The company posted a net loss of $2...
Canadian e-commerce provider Shopify forecasts downbeat quarterly revenue
Canadian e-commerce platform Shopify forecast downbeat second-quarter revenue on Wednesday, as fewer merchants sign up to its platform in the wake of an uncertain economy and tepid customer spending.
Shopify Announces First-Quarter 2024 Financial Results
Revenue up 23%, and up 29% Adjusting for the Sale of Our Logistics Businesses; Gross Profit up 33%; Free Cash Flow Margin Doubled Year Over Year to 12% Internet, Everywhere--(Newsfile Corp. - May 8, 2...
Shopify Stock Is Soaring. It's at an ‘Attractive Entry Point,' Says New Bull.
Citi analyst Tyler Radke upgraded shares of e-commerce platform Shopify to Buy from Neutral.
Shopify Aims to Reward Employees' Improvements of Craft
Shopify reportedly plans to base raises on numerical scores assigned to employees based on their skill level. Employees will be eligible for a raise only when their score increases within a certain am...
Shopify is tightening up on hiring. One analyst likes the stock more as a result.
Shares of Shopify Inc. took a hit in February after the e-commerce platform warned of higher operating costs. But Morgan Stanley analysts on Friday said investors may have overreacted, arguing that th...
Shopify stock price forecast: Morgan Stanley sees a 20% upside
Shopify Inc (NYSE: SHOP) is in the green at writing after a Morgan Stanley analyst issued a bullish note in its favour. Shopify stock could climb to $85 Keith Weiss upgraded the eCommerce giant this m...
5 Canadian tech stocks to buy today as AI boom continues
The S&P/TSX Composite Index (TSX) has lost its recent momentum as the stock market rally faded. The index has retreated in the past six straight days and is now hovering near its lowest level since Ma...