Shopify Inc. (SHOP)
| Market Cap | 142.21B |
| Revenue (ttm) | 8.88B |
| Net Income (ttm) | 2.02B |
| Shares Out | 1.29B |
| EPS (ttm) | 1.55 |
| PE Ratio | 70.86 |
| Forward PE | 73.73 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,373,189 |
| Open | 109.89 |
| Previous Close | 109.28 |
| Day's Range | 108.75 - 110.99 |
| 52-Week Range | 48.56 - 129.38 |
| Beta | 2.60 |
| Analysts | Buy |
| Price Target | 116.71 (+6.26%) |
| Earnings Date | May 7, 2025 |
About SHOP
Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and... [Read more]
Financial Performance
In 2024, Shopify's revenue was $8.88 billion, an increase of 25.78% compared to the previous year's $7.06 billion. Earnings were $2.02 billion, an increase of 1429.55%.
Financial StatementsAnalyst Forecast
According to 33 analysts, the average rating for SHOP stock is "Buy." The 12-month stock price forecast is $116.71, which is an increase of 6.26% from the latest price.
News
Coveo Now a Shopify Premier Technology Partner - Fuel Revenue Growth with Enterprise AI-Search, Product Discovery and Generative Experiences
Join Coveo and Shopify for live demos at SHOPTALK, March 25-27 in Las Vegas. Visit the Coveo booth #1744 (next to the Impact Lounge) to see how AI-Relevance can transform Shopify businesses.
Shopify Won't Remain Cheap For Too Long
Shopify's revenue growth remains robust, with Q4 FY24 revenue up 31% YoY, driven by strong GMV growth and merchant acquisition across enterprise, offline, and international markets. Despite recent sto...
Shopify: Prime Candidate To Join The $500 Billion Club One Day
Shopify shares are down 21% from February highs, far more than the market. Shopify's growth is predicated on an accelerating flywheel of ecommerce penetration, market share gains, merchant growth, pro...
Shopify: The Price Of Perfection
Growth stocks are supposed to see growth rates decelerate over time - but is Shopify excluded from that rule? The company saw growth accelerate in the latest quarter, and management continues to guide...
Klaviyo: High Growth Potential From DFC Valuation And Shopify Agreement
Klaviyo's revenues increased at a 47.75% CAGR between 2021 and 2024. The company has an agreement with Shopify, in which the latter firm promotes Klaviyo on its platform. Due to this agreement, Klaviy...
Why is Shopify moving its listing from NYSE to NASDAQ important for investors?
Shopify Inc. has rallied to surpass the $100 mark again this week on the back of its plans to move its listing from the New York Stock Exchange to NASDAQ. While the announcement itself is not meaningf...
Shopify stock price giant megaphone points to a strong surge
The Shopify stock price rose on Wednesday after the Canadian company filed to change its US listing from the New York Stock Exchange (NYSE) to the Nasdaq. It moved back above $100 even though the list...
Shopify transfers its US listing from the NYSE to the Nasdaq
Nearly 10 years after filing to go public on the New York Stock Exchange (NYSE) and Toronto Stock Exchange, Canadian e-commerce platform Shopify has announced that it's transitioning its U.S. listing ...
Shopify to Transfer U.S. Stock Exchange Listing to Nasdaq; No Change to TSX Listing
Ticker symbol to remain "SHOP" Internet, Everywhere--(Newsfile Corp. - March 18, 2025) - Shopify Inc. (NYSE, TSX: SHOP) ("Shopify"), a leading commerce technology company, announced today that it will...
Shopify has acquired Vantage Discovery, an AI search company founded by former Pinterest engineering leaders
Shopify has acquired Vantage Discovery, a startup building AI search for retailers. Vantage Discovery was founded by two former Pinterest engineering leaders.
CQL Named Shopify Top-Tier Platinum Partner
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--CQL, a leading digital commerce agency, was recognized as a Platinum Tier Shopify Partner, the highest status in Shopify's Partner program.
Shopify acquihired 6 startups for their AI talent last year as it competes in a 'white-hot' market
Shopify increased its acquihiring amid a hot market for AI talent. The company completed six small acquisitions last year to bolster its technical AI leadership.
OnlineStoreCoach.com Launches Custom Analytics Report Bundle for Shopify Merchants
Smarter Reports for Shopify Stores, Delivered Monthly Toms River, New Jersey--(Newsfile Corp. - February 24, 2025) - OnlineStoreCoach.com, a top eCommerce consultant, has launched its Shopify Growth &...
The Stocks And ETFs Driving Trump's Tariff Target Markets
Trump's tariffs cause short-term volatility, but long-term market impact is minimal; earnings remain the key focus for investors. The three countries in questions are Canada, China, and Mexico. This b...
A Question Of Quality, If I Could Only Own Six Stocks
Diversification is often recommended, but a concentrated portfolio of high-quality stocks can yield better returns and peace of mind. I focus on six top holdings, which collectively form 75.6% of my p...
Affirm and Shopify Expand Pay-Later Pact to Canada and UK
Buy now, pay later (BNPL) network Affirm has expanded its partnership with eCommerce infrastructure company Shopify. The renewed agreement, announced Thursday (Feb. 20), makes Affirm the exclusive pay...
Shopify: Increased Commerce/Fintech Penetration In Booming Market - Upgrade To Buy
Shopify's unified solutions across the commerce (offline and online)/payment ecosystem have continued to drive its growth flywheel and cross-selling opportunities. The same robust performance metrics ...
Shopify's Growth Story: Direct-To-Consumer Enabler For Independent Brands
Shopify's recovery post-pandemic is impressive, with revenue growth outpacing costs, leading to improved margins and a strong market position. Shopify empowers merchants with advanced tools, AI-driven...
Shopify: Unfavorable Risk Profile
Shopify reported strong Q4'24 results, with double-digit GMV growth and improved free cash flow margins. FCF margin expansion, an uptrend in platform gross margins and a decent outlook for Q1'25 were ...
Tariffs Won't Be As Bad As Expected For Shopify - Reiterating Buy
I think Shopify Inc.'s enterprise penetration will help mitigate major tariff impacts in the U.S., ensuring continued GMV and top-line growth. Half of Shopify's merchants are based internationally, an...
Shopify Posts Solid Q4, Analysts Expect Further Market Share Gains
Shares of Shopify Inc SHOP tanked in early trading on Wednesday, despite the company reporting a fourth-quarter revenue beat.
Shopify: Raising My Price Target On Accelerating Growth
Shopify's 2025 rally took a breather after the company reported Q4 results, despite a strong beat versus expectations. The company achieved 31% y/y revenue growth (accelerating 5 points sequentially) ...
SHOP's Growth "Levers" in A.I. & International Markets
Shopify (SHOP) gained after reporting its latest earnings beat. Chris Wang attributes part of that beat to the company's growing reach in international shops.
Shop Pay Gains Momentum as Shopify Sees Subscriptions Growth
Shopify President Harley Finkelstein highlighted the company's fiscal performance in the fourth quarter of 2024, marking a solid finish to the year. “I've honestly never been more excited about what w...
Shopify's Revenue Growth Outpaces Estimates, But PayPal-Related Margin Impact Raises Questions: Analyst
JP Morgan analyst Reginald L. Smith maintained an Overweight rating on Shopify Inc SHOP after the company released its quarterly print Tuesday.