Shopify Inc. (SHOP)
| Market Cap | 134.30B |
| Revenue (ttm) | 8.21B |
| Net Income (ttm) | 1.38B |
| Shares Out | 1.29B |
| EPS (ttm) | 1.06 |
| PE Ratio | 98.28 |
| Forward PE | 73.74 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,737,659 |
| Open | 104.83 |
| Previous Close | 104.59 |
| Day's Range | 102.58 - 105.05 |
| 52-Week Range | 48.56 - 115.62 |
| Beta | 2.36 |
| Analysts | Buy |
| Price Target | 94.87 (-8.73%) |
| Earnings Date | Nov 12, 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 34 analysts, the average rating for SHOP stock is "Buy." The 12-month stock price forecast is $94.87, which is a decrease of -8.73% from the latest price.
News
Shopify's Surge Can't Keep CE 100 Index From Slipping 1.5%
The scorching post-election rally that lifted stocks across all market capitalizations and verticals paused this past week. Even post-earning surges in select CE 100 names were not enough to lift the ...
Shopify: Likely Fairly Valued (Rating Downgrade)
Shopify Inc. reported strong Q3 results this week, beating earnings and revenue estimates, driven by robust growth in both segments. Shopify is seeing strong growth in all key platform metrics, includ...
SHOP, SQ, PYPL: Digital Finance to Thrive in Trump 2.0 Administration
"We don't know the rules of the game yet" under the next Trump administration, says Jerry Sneed. He's cautious on the first half of 2025 despite showing optimism that the S&P 500 can break 6,100 by th...
Shopify Continues Surging Higher (Rating Upgrade)
Shopify's Q3 earnings exceeded expectations with $0.35 EPS and $2.16 billion revenue, showcasing strong margins and earnings growth despite challenging consumer conditions. Shopify's valuation metrics...
Shopify Q3 Earnings: Strong Growth Momentum Continues, But Stock May Drop In The Near Term (Rating Downgrade)
Shopify's 3Q FY2024 earnings indicate strong underlying demand, with YoY growth accelerations in revenue and GMV, driven by successful price hikes and continued growth in merchants. The 4Q outlook cou...
Shopify Earnings: A Good Quarter, But Not Enough To Justify The Share Price Reaction
The 21% daily jump of Shopify's share price following the Q3 2024 results seems excessive. Better-than-expected revenue growth and the strong guidance for next quarter are not enough to justify such a...
Why I Am Buying Shopify After Its Q3 Earnings
Shopify's Q3 2024 results show 26% YoY revenue growth, expanding profit margins, and robust GMV of $69.7 billion, highlighting efficient scaling and market reach. Balanced revenue streams with Merchan...
Shopify's Q3 Earnings Beat Drives Analyst Upgrades, Market Confidence
Shopify Inc SHOP shares were climbing on Wednesday after the company reported upbeat third-quarter earnings.
Shopify Q3: Road To $137/Share, With Growing Market Share
Shopify Inc.'s Q3 FY24 earnings show a 26% YoY revenue growth, driven by strong GMV, increased Shopify Payments adoption, and expanding Shopify Plus subscription revenue. The stock has surged over 80%...
Shopify stock price is on fire today after an ‘outstanding' quarter, boosted by AI tools and a bright holiday sales forecast
Shares of Shopify (NYSE: SHOP) are skyrocketing in early-morning trading after the company announced its Q3 2024 results, which beat expectations. As of the time of this writing, SHOP stock is up an i...
Shopify Analysts Boost Their Forecasts Following Q3 Earnings Results
Shopify Inc SHOP reported better-than-expected third-quarter sales on Tuesday.
Stocks Retreat on Renewed Inflation, Interest Rate Questions
Stocks were lower and yields were higher on Tuesday, with markets reflecting the uncertain transition from campaign promises to real-world policies.
Shopify Q3: Strong Growth In Large Merchants, But Stock Overvalued
I maintain a “Sell” rating for Shopify Inc., citing overvaluation despite strong growth and a fair value estimate of $87 per share. Shopify's Q3 results exceeded expectations with 26% revenue growth a...
Shopify's Enterprise Growth Momentum
Shares of Shopify jump as the company poses 3Q revenue that topped analyst estimates lead in part by a growing Enterprise and international consumer. Shopify President Harley Finkelstein joins Carolin...
Shopify stock jumps 25% to hit yearly high—here's what drove the surge
Shares of Shopify soared more than 25% on Tuesday, marking their best trading day in a year after the e-commerce giant reported a robust third-quarter revenue increase. Shopify posted revenue of $2.16...
Shopify Boosts AI and Unified Commerce Tools for Merchants
A major focus for Shopify has been ensuring its merchants are equipped to reach consumers wherever they are, Shopify President Harley Finkelstein noted Tuesday (Nov. 12) during the company's third-qua...
Can Shopify Re-Rate Higher After The Q3 2024 Earnings Outperformance Rally?
Shopify's Q3 revenue grew 26% y/y to $2.162 billion, outperforming management's guidance and Wall Street expectations by wide margins. Despite the competitive base, management's eyeing a similar pace ...
Shopify Inc. (SHOP) Q3 2024 Earnings Call Transcript
Shopify Inc. (NYSE:SHOP) Q3 2024 Earnings Conference Call November 12, 2024 8:30 AM ET Company Participants Carrie Gillard - Director, Investor Relations Harley Finkelstein - President Jeff Hoffmeist...
SHOP, CVNA, HIMS Highlight Strength & Diversity in Consumer Discretionary
Shopify's (SHOP) massive pop after earnings is just the latest flex of Consumer Discretionary's strength, according to Roxanna Islam. The sector has grown 20% year-to-date compared to Consumer Staples...
Shopify Earnings Momentum Accelerates Ahead of Holiday Shopping Season
Shopify stock is surging Tuesday after the e-commerce company beat Q3 expectations and gave a rosy outlook for the holiday shopping season. Here's what you need to know.
Shopify President Harley Finkelstein on Q3 results: We're able to deliver both on growth and margins
Shopify President Harley Finkelstein joins 'Squawk on the Street' to discuss the company's quarterly earnings results, growth outlook, attracting new retailers, implementation of AI, state of the cons...
Shopify Stock Soars To Nearly Three-Year High on Strong Q3 Results
Shopify (SHOP) shares soared to their highest level in nearly three years Tuesday as the provider of online services for retailers posted better-than-anticipated results on strong sales growth.
Shopify stock skyrockets 25% on revenue beat, rosy holiday forecast
Shopify shares soared 25% in early trading on Tuesday. The company, which builds software for businesses to run online storefronts, gave a rosy forecast for the holiday quarter.
SHOP Pops After Earnings, ONON Steps Down, LYV Takes Spotlight
Shopify (SHOP) surged to the upside after earnings, which Caroline Woods points to another sign that "people keep spending" despite recent economic crutches. ON Holding (ONON) traded down after report...
StackAdapt is Building an Integration on the Shopify Platform to Optimize Merchant Campaign Efficiency
TORONTO--(BUSINESS WIRE)--StackAdapt (www.stackadapt.com), a leading multi-channel advertising platform, proudly announces its latest integration with Shopify, a provider of essential internet infrast...