Shopify Inc. (SHOP)
| Market Cap | 95.25B |
| Revenue (ttm) | 7.06B |
| Net Income (ttm) | 132.00M |
| Shares Out | 1.29B |
| EPS (ttm) | 0.10 |
| PE Ratio | 740.10 |
| Forward PE | 70.05 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 8,972,235 |
| Open | 71.28 |
| Previous Close | 70.55 |
| Day's Range | 71.22 - 74.59 |
| 52-Week Range | 45.50 - 91.57 |
| Beta | 2.20 |
| Analysts | Buy |
| Price Target | 73.75 (-0.35%) |
| 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 $73.75, which is a decrease of -0.35% from the latest price.
News
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...
Shopify to Announce First-Quarter 2024 Financial Results May 8, 2024
Internet, Everywhere--(Newsfile Corp. - April 17, 2024) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, plans to announce financial results for its firs...
New Report: 98% of Shopify Merchants Have Difficulty Aligning Inventory and Production with Changing Consumer Demand
TALLINN, Estonia--(BUSINESS WIRE)--Today, Katana Cloud Inventory, a fast-growth inventory software solutions for small and medium-sized businesses (SMBs), unveiled its 2024 Ecommerce Performance Repor...
HotWax Commerce Launches HotWax Order Management App on Shopify App Store
NEW YORK--(BUSINESS WIRE)--HotWax Commerce launches HotWax Order Management App on Shopify, providing Shopify retailers with seamless integration for omnichannel retailing.
Pachama Gets Backing from Shopify to Pioneer Groundbreaking Reforestation Initiative in Brazil's Atlantic Forest
SAN FRANCISCO--(BUSINESS WIRE)--Climate tech startup Pachama today announced it has received a carbon removal credit purchase from commerce leader Shopify to spearhead a first-of-its-kind reforestatio...
Shopify President Harley Finkelstein talk B2B business
Shopify President Harley Finkelstein joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, the ecommerce space and more.
Shopify President says international business is a 'massive area of growth'
Shopify President Harley Finkelstein told CNBC's Jim Cramer about his company's international business.
Stock Market Today: SHOP, LYFT Earnings & JBLU Rallies
The Dow Jones, S&P 500, Nasdaq-100, and Russell 2000 all ended in the red. Shopify (SHOP) shares fell today as investors are worried about the company's valuation since it was high heading into the ea...
SHOP, DDOG, TAP Earnings & Carl Icahn Stake In JBLU
Shopify (SHOP) expects revenue growth at a low-twenties percentage rate over 4Q. Jeff Pierce discusses this, along with how Datadog (DDOG) is lower following earnings and guidance came in below estima...
KO Reports Better Revenue & SHOP Falls Despite Earnings Beat
Coca-Cola (KO) reports better-than-expected revenue in 4Q. Jenny Horne discusses these earnings, along with Shopify's (SHOP) earnings.
Shopify's Merchant Solutions Revenues up 21%, Underpinned by Shopify Payments
Shopify saw continued acceleration in Shop Pay and faster checkout, and growth in its merchant base as a strong holiday shopping season drove results. But investors fled the stock Tuesday morning on t...
Shopify shares down after company reports light guidance
Shopify's quarterly results topped estimates, but guidance for the current period was light.
Cramer's Mad Dash: Shopify
CNBC's Jim Cramer delivers his daily Mad Dash.
Shopify Q4 revenue tops Street estimates
Shopify Inc (NYSE: SHOP) is trading down in premarket on Tuesday even though it reported market-beating revenue for its fourth financial quarter. Investors are cheering also because the management iss...
Shopify logs earnings beat, but its stock retreats
Shopify Inc. beat profit expectations for the latest quarter and projected margin improvement for the current one, but its shares were pulling back in Tuesday's premarket action.
Shopify Announces Fourth-Quarter and Full-Year 2023 Financial Results
Fourth Quarter Revenue up 24% and Free Cash Flow Margin Hits 21%; Full Year Revenue up 26% and Free Cash Flow Margin Achieves 13% Internet, Everywhere--(Newsfile Corp. - February 13, 2024) - Shopify I...
Jim Cramer's week ahead: Earnings from Shopify, Marriott and Wendy's
CNBC's Jim Cramer on Friday guided investors through next week's Wall Street action.
Do valuations still matter as Nvidia, Shopify, SMCI, CRWD stocks surge?
The ongoing US stock market rally is presenting a major question to investors; do valuations still matter? For one, the equities market seems to be disconnected from reality and traditional valuation ...
RUDIS Achieves 80% Revenue Increase with Shopify Plus & CQL
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--RUDIS, a Marysville-based wrestling apparel company, today announced the success of its digital transformation on Shopify Plus, in partnership with digital agency...
Former Shopify CFO and Small Business Advocate Amy Shapero Joins Jobber's Board of Directors as Company Positions Itself to Lead Tech Adoption in Home Service
TORONTO , Feb. 5, 2024 /PRNewswire/ - Jobber , the leading provider of operations management software for home service businesses, today announced that global finance veteran Amy Shapero has been appo...
Shopify to Add AI-Powered Media Editor and Commerce Assistant
Shopify plans to expand its range of artificial intelligence (AI)-powered tools for sellers to include a media editor and a commerce assistant. These are among more than 100 updates the company will a...
Shopify is rolling out an AI-powered image editor for products
Commerce platform Shopify is releasing new features for its Winter Editon rollout including an AI-powered media editor to enhance product images, improved semantic search, and a better way for merchan...