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Shopify (SHOP)
NYSE:SHOP
Shopify (SHOP) Stock Price & Analysis
17,022 Followers
SHOP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.50 - $91.57
Previous Close$74.46
Volume2.89M
Average Volume (3M)9.04M
Market Cap
$98.29B
Enterprise Value$91.99B
Total Cash (Recent Filing)$5.01B
Total Debt (Recent Filing)$1.15B
Price to Earnings (P/E)827.3
Beta2.48
Next Earnings
May 08, 2024EPS Estimate
$0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.09
Shares Outstanding1,284,258,848
10 Day Avg. Volume7,137,341
30 Day Avg. Volume9,042,438
Standard Deviation0.18
R-Squared0.44
Alpha0.00958
Financial Highlights & Ratios
Price to Book (P/B)11.22
Price to Sales (P/S)13.54
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue18.71
Enterprise Value/Gross Profit26.17
Enterprise Value/Ebitda-204.42
Forecast
1Y Price Target
$83.07Price Target Upside8.79% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Shopify News
PremiumEarning Releases
Shopify Inc. Reported Earnings. Did it Beat Estimates?
PremiumCompany Announcements
Shopify Posts Robust Quarterly Financials
PremiumCompany Announcements
Shopify Posts Impressive Q1 2024 Growth
PremiumCompany Announcements
Shopify Reports Strong Growth in Q1 2024Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst reiterates an Overweight rating on shares, maintaining a price target based on a multiple of forecasted gross profit.
Market PositionRecent conference visits and channel checks highlight a more resilient e-commerce backdrop and accelerated share gains up market.
Product AdoptionThe vast majority of Shopify merchants use the platform's payment solutions, indicating high adoption of its services.
Bears Say
Financial PerformanceIncreased operating expenses due to compensation costs and marketing investments may temper near-term margin trajectory.
Investment StrategyInvestments are not expected to provide a catalyst for growth near term.
Market CompetitionSHOP faces competition in key EMEA markets, which could impact market share and growth.
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Ownership Overview
1.65% Insiders
20.03% Mutual Funds
15.28% Other Institutional Investors
63.04% Public Companies and Individual Investors
Risk Analysis
Sorry, No Data AvailableWe provide Risk Factor analysis for U.S. stocks that have been publicly traded for at least a year.
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Website Traffic
The estimated number of people who visited one or more of the websites owned by Shopify
Desktop Users
Mobile Users
SHOP FAQ
What was Shopify’s price range in the past 12 months?
Shopify lowest stock price was $45.50 and its highest was $91.57 in the past 12 months.
What is Shopify’s market cap?
Currently, no data Available
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is May 08, 2024 which is today.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Feb 13, 2024. The company reported $0.337 earnings per share for the quarter, beating the consensus estimate of $0.299 by $0.038.
Is Shopify overvalued?
According to Wall Street analysts Shopify’s price is currently Undervalued.
Does Shopify pay dividends?
Shopify does not currently pay dividends.
What is Shopify’s EPS estimate?
Shopify’s EPS estimate is $0.17.
How many shares outstanding does Shopify have?
Shopify has 1,207,926,000 shares outstanding.
What happened to Shopify’s price movement after its last earnings report?
Shopify reported an EPS of $0.337 in its last earnings report, beating expectations of $0.299. Following the earnings report the stock price went down -13.398%.
Which hedge fund is a major shareholder of Shopify?
Among the largest hedge funds holding Shopify’s share is Sands Capital Management LLC. It holds Shopify’s shares valued at 1B.
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Shopify Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$83.07 (8.79% Upside)
$83.07 (8.79% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 79%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 3.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
60.92%
12-Months-Change
Fundamentals
Return on Equity
1.54%
Trailing 12-Months
Asset Growth
5.04%
Trailing 12-Months
Company Description
Shopify
Founded in 2004, Canada-based Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops.
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SHOP Company Deck
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SHOP Earnings Call
Q4 2024
0:00 / 0:00
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SHOP Stock 12 Month Forecast
Average Price Target
$83.07
▲(8.79% Upside)
Technical Analysis
Best Analysts Covering SHOP
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+82.12%
reiterated a buy rating 6 days ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +82.12% per trade.
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