Shopify, Inc. (SHOP)

NYSE: SHOP · IEX Real-Time Price · USD
40.76
+0.34 (0.84%)
At close: Aug 12, 2022 4:00 PM
40.72
-0.04 (-0.10%)
After-hours: Aug 12, 2022 7:59 PM EDT
0.84%
Market Cap 51.70B
Revenue (ttm) 5.00B
Net Income (ttm) -1.90B
Shares Out 1.27B
EPS (ttm) 0.13
PE Ratio 313.54
Forward PE 714.29
Dividend n/a
Ex-Dividend Date n/a
Volume 29,806,698
Open 41.30
Previous Close 40.42
Day's Range 39.61 - 41.53
52-Week Range 29.72 - 176.29
Beta 1.80
Analysts Buy
Price Target 51.91 (+27.4%)
Earnings Date Jul 27, 2022

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...]

Industry IT Services
IPO Date May 21, 2015
CEO Tobias Lutke
Employees 10,000
Stock Exchange NYSE
Ticker Symbol SHOP
Full Company Profile

Financial Performance

In 2021, Shopify's revenue was $4.61 billion, an increase of 57.43% compared to the previous year's $2.93 billion. Earnings were $2.91 billion, an increase of 812.23%.

Financial Statements

Analyst Forecast

According to 51 analysts, the average rating for SHOP stock is "Buy." The 12-month stock price forecast is 51.91, which is an increase of 27.36% from the latest price.

Price Target
$51.91
(27.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SIFY vs. SHOP: Which Stock Is the Better Value Option?

SIFY vs. SHOP: Which Stock Is the Better Value Option?

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Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know

Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

7 Stocks to Watch Following 2022 Layoff News

As the market reacts to recent labor reports, there are plenty of stocks to watch for big moves. Tech companies have been bogarting the headlines this year for reasons they probably wouldn't like.

Revisiting the Pandemic Winners: Time to Buy?

Those who flocked to the stay-at-home type of stocks during the pandemic were rewarded handsomely with considerable gains. In 2022, the story has been vividly different.

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This Stock-Split Stock Is Up 30% Since Splitting Its Shares

DexCom has been doing better than big tech stocks that have had more notable stock splits this year.

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Cloudinary App for Shopify Automates Media Optimization to Supercharge Conversions and Revenue

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #Cloud--Cloudinary integration helps Shopify merchants deliver engaging customer experiences faster and more efficiently with automation for media workflows.

1 Big Strategic Bet by Shopify That Went Wrong

This e-commerce innovator has excellent long-term growth opportunities but faces significant headwinds in the short term.

Why Shopify Stock Dropped Today

The online retail platform's growth could be slowing.

Shopify Stock's Recent Uptick Is Not a Sign to Buy

Since the end of July, Shopify (NYSE: SHOP ) stock has been trending higher. With this uptick, you may think that SHOP stock has already bottomed out and is ready to make a real recovery.

2 Mistakes Shopify Has to Fix

Making the necessary changes to its business model should make the company stronger in the long run.

What's Next For Shopify Stock After Tough Q2 Report?

Shopify stock (NYSE: SHOP) has gained almost 17% over the last week (five trading days) as investors embraced technology and growth stocks once again, following strong results from tech majors like Alph...

3 Hot Growth Stocks Poised to Triple by 2027

Growth stocks have paid the biggest price amid the 2022 bear market. In actuality, many of these names topped out in early 2021, with the bear market wearing on for more than 18 months now.

Other symbols: PYPLTTD

Shopify Sees Merchant Exodus Amid Decline in Consumer Spending

Businesses dealing with high costs and a decline in consumer spending have begun to move away from eCommerce platform Shopify. As Reuters reported Monday (Aug. 8), Shopify added 71,000 net merchants in ...

Shopify merchant growth falters as weak consumer spending hits businesses

Businesses stung by rising costs and lower consumer spending are shying away from Shopify's platform, creating a roadblock in its plan to fix past missteps in overestimating e-commerce demand.

Amazon, Shopify, PayPal Earnings Suggest Continued Growth in eCommerce

Results from online operators suggest that online commerce remains strong despite physical retail coming back after the pandemic.

Other symbols: AMZNPYPL

This Is, Hands Down, the Top Stock-Split Stock to Buy Right Now

Alphabet, Amazon, DexCom, Shopify, and Tesla have all announced stock splits this year -- but only one of these giants is a screaming buy.

Other symbols: AMZNDXCMGOOGGOOGLTSLA

7 Long-Term Stocks to Buy Before the Bull Market Returns

The current market conditions aren't conducive for short-term investing. It's notoriously difficult to pick winning stocks with a limited time horizon, and it becomes doubly true in this extremely volat...

Other symbols: CHPTMKCNVOQSVIST

Is It Too Late to Buy These 2 Stock Split Stocks?

These top e-commerce stocks both split in June, and they're both up since then.

Other symbols: AMZN

Is It Time to Sell Shopify Stock?

Shopify is in a worrying time when revenue growth is slowing while expenses are rising.

Losing Faith in Shopify? These Words From the Company's President Could Change Your Mind

The company may have many more market-beating days in the coming years.

Better E-Commerce Stock: Shopify vs. Etsy

Both companies have struggled lately, but what does their future hold?

Other symbols: ETSY

Why Shopify Lost 80% of Its Market Cap

Shopify is unlikely to repeat the growth rate it achieved during depths of the pandemic.

Cathie Wood Went Bargain Shopping. 3 Stocks She Bought Hand Over Fist Last Week

There are always bargains to be had if you just know where to look.

Other symbols: ROKUTDOC

Why Shopify Stock Was Popping Today

Macro news and strong consumer-focused earnings reports lifted the stock.

Attentive Partners With Shopify to Advance Buying by Text

Conversational commerce firm Attentive is partnering with eCommerce platform Shopify to make it easier for shoppers to make direct purchases after receiving a text message from a brand.