Shopify Inc. (SHOP)
| Market Cap | 85.13B |
| Revenue (ttm) | 7.41B |
| Net Income (ttm) | -209.00M |
| Shares Out | 1.29B |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | 62.26 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,020,361 |
| Open | 64.88 |
| Previous Close | 64.63 |
| Day's Range | 64.34 - 66.13 |
| 52-Week Range | 45.50 - 91.57 |
| Beta | 2.27 |
| Analysts | Buy |
| Price Target | 75.63 (+14.49%) |
| Earnings Date | Jul 31, 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 $75.63, which is an increase of 14.49% from the latest price.
News
Calls of the Day: Home Depot, Accenture, Shopify, Blackstone & Caterpillar
The Investment Committee discuss the latest Calls of the Day.
Target/Shopify Partnership: The Rise of “Cheap Chic”
Target (TGT) is partnering with Shopify (SHOP) to bring new merchants to its digital marketplace. Access to trendy Shopify brands matches Target's “cheap chic” strategy, notes Amanda Lai.
Target Gets a Marketplace and Shopify Merchants Get Distribution
For Target, the most immediate impact adding Shopify sellers to its third-party marketplace may be a lift in its online fortunes. To that end, and as reported this week, Target will begin including se...
Target to Include Shopify Merchants in Digital Marketplace, Physical Stores
Target will begin including select Shopify merchants on Target Plus, the retailer's third-party digital marketplace. In addition, in the months to come, Target will offer some of these merchants' prod...
Target Teams With Shopify To Boost Online Sales
Target (TGT) shares advanced in intraday trading Monday after the retailer announced a partnership with the e-commerce platform Shopify (SHOP) to boost its online sales.
Target and Shopify team up to expand Target's third-party marketplace
Shopify merchants can now sell their items to Target's millions of shoppers, thanks to a new partnership. The companies announced on Monday that sellers on the commerce platform can apply to join Targ...
Shopify expands access to its AI-powered features to attract more businesses
Shopify made its artificial intelligence-powered tools, including the Sidekick assistant and image-generation feature, available to more users on Monday, in a bid to increase the appeal of its e-comme...
Target taps Shopify to add sellers to its third-party marketplace
Target has struck a deal with Shopify to discover new brands and hot items for its third-party marketplace. For Target, adding the items could help drive online traffic as the discounter tries to get ...
Target and Shopify Partner to Help Consumers Discover and Shop an Expanded Assortment on Target.com
Partnership will bring growth opportunities for new brands and expand the assortment on Target Plus, the retailer's invite-only, third-party online marketplace Select Shopify merchants will feature bo...
Shopify (SHOP) Stock At An Attractive Entry Point?
Has the Shopify (SHOP) stock price improved since last earnings? An analyst at Evercore ISI stated that the pullback in Shopify created an attractive entry point to own a "best-in-class" e-commerce pl...
Why Is Shopify's Stock Trading Higher On Friday?
Shares of e-commerce company Shopify Inc SHOP are trading higher after Evercore ISI analyst Mark Mahaney upgraded the stock from In-Line to Outperform rating and announced a price target of $75.
Shopify Stock Gets Another Buy Rating After Recent Pullback
Evercore's Mark Mahaney upgrades shares of the e-commerce company to Outperform from In-Line.
Shopify (SHOP) Creates Attractive Entry Opportunity for New Investors
JPMorgan initiates coverage of Shopify (SHOP) with an overweight rating and a $74 price target. The analyst notes that the product breadth and ease of use and scale are “distinct competitive advantage...
Shopify Has Competitive Moat That Warrants Premium Valuation: JP Morgan Analyst
JP Morgan analyst Reginald Smith initiated coverage on Shopify Inc SHOP with an Overweight rating and a price target of $74.
NMI Launches New Shopify Integration for a More Seamless Merchant Experience
SCHAUMBURG, Ill.--(BUSINESS WIRE)--NMI, a global leader in embedded payments, announces its newly enhanced Shopify integration. The upgraded offering ensures NMI's Independent Sales Organization (ISO)...
Shopify acquires Threads (no, not that one)
Shopify has acquired Threads.com, the Seqiuoa-backed Slack alternative, Threads said on its website. The companies didn't disclose the terms of the deal but said that the Threads.com team will join Sh...
Shopify Announces Results of its 2024 Annual Meeting of Shareholders
Internet, Everywhere--(Newsfile Corp. - June 5, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced today the results of its annual meeting ...
Shopify Acquires Checkout Blocks to Help Merchants Customize Checkout
Shopify has acquired Checkout Blocks, a company offering a no-code solution that lets Shopify merchants customize their checkout.
Shopify acquires Checkout Blocks, a checkout customization app
Commerce platform Shopify has acquired Checkout Blocks, allowing Shopify Plus merchants to make no-code customizations in their checkout to enhance customer experience and potentially boost sales.
'The future of retail is retail everywhere,' Shopify president says
Shopify President Harley Finkelstein joins Karen Tso at the Viva Tech conference in Paris, sharing his outlook for the company and the wider retail sector.
Shopify wins reversal of $40 mln web-technology patent verdict
Canadian e-commerce platform Shopify has convinced a Delaware federal court to overturn a jury's decision that the company owes $40 million in damages for infringing patents related to website-buildin...
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.