Shopify Inc. (SHOP)

NYSE: SHOP · IEX Real-Time Price · USD
-3.58 (-4.79%)
At close: Dec 6, 2023, 4:00 PM
-0.27 (-0.38%)
Pre-market: Dec 7, 2023, 8:39 AM EST
Market Cap 91.45B
Revenue (ttm) 6.65B
Net Income (ttm) -1.15B
Shares Out 1.21B
EPS (ttm) -0.91
PE Ratio n/a
Forward PE 67.55
Dividend n/a
Ex-Dividend Date n/a
Volume 13,367,457
Open 73.77
Previous Close 74.72
Day's Range 71.07 - 74.18
52-Week Range 32.35 - 75.47
Beta 2.23
Analysts Buy
Price Target 64.60 (-9.19%)
Earnings Date Nov 2, 2023

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, 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, fulfill and ship... [Read more]

Sector Technology
IPO Date May 21, 2015
Employees 11,600
Stock Exchange NYSE
Ticker Symbol SHOP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 33 analysts, the average rating for SHOP stock is "Buy." The 12-month stock price forecast is $64.6, which is a decrease of -9.19% from the latest price.

Price Target
(-9.19% downside)
Analyst Consensus: Buy
Stock Forecasts


Shopify Stock Doubled This Year. Here's How the Company Plans to Keep Growing.

Shopify held its first investor day since 2019 on Tuesday. Shares closed 3% higher.

1 day ago - Barrons

The Score: Shopify, General Motors, Tesla and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news

Other symbols: GMTSLA
5 days ago - WSJ

Shopify's stock has had a monster 2023, but this analyst says that run may be up

Shopify Inc.'s stock has more than doubled thus far in 2023, but a Piper Sandler analyst is skeptical that it can continue its monster run.

8 days ago - Market Watch

Shopify Had a Strong Black Friday. The Stock May Be at an 'Untenable Valuation.

Piper Sandler analysts downgraded shares of e-commerce platform Shopify to Underweight from Neutral.

8 days ago - Barrons

Black Friday frenzy, big EPS estimate send Shopify higher

So far in November, Shopify stock is up 56.37%, also boosted by analysts' expectations for a 1,625% earnings increase this year. That's not the kind of earnings gains you typically see; that only happ...

8 days ago - MarketBeat

Shopify's merchants see record BFCM sales of $9.3 billion, but stock pulls back

Shares of Shopify Inc. SHOP fell 1.2% in premarket trading Tuesday, to pull back from the previous session's 20-month closing high, even as the e-commerce software company said its retail merchants en...

9 days ago - Market Watch

Cyber Monday Shopping Set to Break Records. These Stocks Are Rising.

The holiday spending spree gathered pace over the weekend and Cyber Monday is set to break records as consumers continue to hunt discounts.

9 days ago - Barrons

Shopify sets a Black Friday record

Ken Wong, analyst at Oppenheimer, joins 'The Exchange' to discuss Shopify's Black Friday sales, holiday season sentiment, and more.

9 days ago - CNBC Television

Shopify Shares Rise After Record Black Friday, With Merchant Sales Reaching $4.1B

Shopify (SHOP) shares surged over 4% in early trading Monday after a strong performance on Black Friday.

9 days ago - Investopedia

Shopify's Harley Finkelstein on Black Friday record: What we're seeing is the power of the consumer

Shopify president Harley Finkelstein joins 'Squawk on the Street' to discuss the company's breaking its Black Friday record, after customers hit $4.1 billion in sales, holiday season shopping outlook,...

9 days ago - CNBC Television

Shopify's stock shoots up toward 19-month high, fueled by strong online holiday shopping data

Shares of Shopify Inc. SHOP shot up 3.3% toward a 19-month high in premarket trading Monday, fueled by data suggesting online holiday shopping got off to a strong start on Black Friday. The stock has ...

10 days ago - Market Watch

Ecosystems Expand as Shopify, PayPal and Amazon Point to Streamlined Checkout's Potential

For eCommerce platforms — with Amazon and PayPal among the most visible examples — checkout is evolving as part of the glue that holds ecosystems together.

Other symbols: AMZNPYPL
16 days ago - PYMNTS

Here's your e-commerce stock bundle for the holidays

The 2023 holiday shopping season has arrived, and more consumers will be doing their shopping online. While nearly every store now has an online presence with omnichannel capabilities, certain stocks ...

17 days ago - MarketBeat

Perry Ellis International Deploys HotWax Commerce Omnichannel Order Management Solution for Shopify

NEW YORK--(BUSINESS WIRE)--Perry Ellis International Deploys HotWax Commerce Omnichannel Order Management Solution for Shopify, enabling same-day BOPIS and Ship from Store.

22 days ago - Business Wire

How Shopify's Celebrity Partnerships Are Changing E-Commerce

Drake, Bad Bunny, MrBeast and Taylor Swift have been using Shopify stores and the Shopify app to redefine retail.

24 days ago - Forbes

Shopify Stock Nears a 4-Year Low: Is It a Good Opportunity?

Not too long ago, Shopify Inc. (SHOP, Financial) was one of the hottest investments on the market. In 2015, the stock bottomed out at around $2 per share.

27 days ago - GuruFocus

Cloud stocks surge double digits; big gains ahead

The entire market cheered Fed chief Jerome Powell's indication that the peak of the rate hike cycle was near, but no sector cheered as loudly as cloud stocks. Many cloud stocks gained double-digits, s...

4 weeks ago - MarketBeat

CE 100 Index Leaps 7.9%, Led by Shopify's 32% Post-Earnings Surge

The CE 100 Stock Index surged 7.9% as Shopify and Affirm led the way with highflying gains that topped 32%. Nine of the 10 pillars gained ground, with the lone exception seen in the Work Pillar, which...

4 weeks ago - PYMNTS

Shopify Keeps Amazon in Its Sights While Upping the Ante

Shopify is shining a light on its role in the online payment industry. During its recent earnings call held Friday (Nov. 3), the company shared that 58% of its users prefer to use Shopify Payments, th...

4 weeks ago - PYMNTS

Can Shop Cash Turn Shopify Into an Amazon Challenger?

I'm feeling flush. I got an email last Saturday from Shop that I had $43.40 in my Shop wallet to spend on the app.

4 weeks ago - PYMNTS

Shopify Beat Profit and Sales Estimates as Gross Merchandise Volume Soared

Shopify (SHOP) shares skyrocketed as the e-commerce site posted much better than expected earnings and gave a positive outlook for the upcoming holiday quarter as volumes swelled.

4 weeks ago - Investopedia

Shopify President on Stock Soaring, AI Plans

Shopify President Harley Finkelstein joins Caroline Hyde and Ed Ludlow to discuss the Canadian-based e-commerce platform's quarterly earnings results and why he believes it showcases the durability of...

4 weeks ago - Bloomberg Technology

Shopify's Harley Finkelstein on Q3 earnings beat: We're really firing on all cylinders right now

Shopify president Harley Finkelstein joins 'Squawk on the Street' to discuss the company's quarterly earnings results, which beat on the top and bottom lines for the third quarter, and more.

4 weeks ago - CNBC Television

Shopify shares pop 15% on earnings beat, rosy guidance

The Canadian e-commerce company beat on the top and bottom lines for the third quarter, and gave upbeat guidance for the remainder of the year.

5 weeks ago - CNBC

Shopify Stock Is Soaring. Earnings Were Strong.

E-commerce platform Shopify reported third-quarter revenue and earnings that topped estimates.

5 weeks ago - Barrons