Top 5 Stocks to Buy Now
→ SpaceX IPO hides a much bigger story (From Weiss Ratings) (Ad)tc pixel Free SHOP Stock Alerts

Shopify (SHOP) Competitors

Shopify logo
$107.68 -0.30 (-0.28%)
As of 04:00 PM Eastern
Compare

SHOP vs. PLTR, SAP, CRWD, APP, and SNOW

Should you buy Shopify stock or one of its competitors? MarketBeat compares Shopify with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Shopify include Palantir Technologies (PLTR), SAP (SAP), CrowdStrike (CRWD), AppLovin (APP), and Snowflake (SNOW). These companies are all part of the "computer software" industry.

How does Shopify compare to Palantir Technologies?

Shopify (NASDAQ:SHOP) and Palantir Technologies (NASDAQ:PLTR) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, media sentiment, institutional ownership, risk, valuation, dividends and profitability.

Palantir Technologies has a net margin of 43.67% compared to Shopify's net margin of 10.77%. Palantir Technologies' return on equity of 28.34% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
Shopify10.77% 12.07% 10.37%
Palantir Technologies 43.67%28.34%23.57%

69.3% of Shopify shares are held by institutional investors. Comparatively, 45.7% of Palantir Technologies shares are held by institutional investors. 9.5% of Palantir Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Shopify has a beta of 2.6, meaning that its share price is 160% more volatile than the broader market. Comparatively, Palantir Technologies has a beta of 1.53, meaning that its share price is 53% more volatile than the broader market.

In the previous week, Palantir Technologies had 110 more articles in the media than Shopify. MarketBeat recorded 153 mentions for Palantir Technologies and 43 mentions for Shopify. Shopify's average media sentiment score of 1.10 beat Palantir Technologies' score of 0.95 indicating that Shopify is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shopify
33 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Palantir Technologies
100 Very Positive mention(s)
16 Positive mention(s)
17 Neutral mention(s)
15 Negative mention(s)
5 Very Negative mention(s)
Positive

Shopify presently has a consensus target price of $157.17, suggesting a potential upside of 45.96%. Palantir Technologies has a consensus target price of $192.76, suggesting a potential upside of 65.18%. Given Palantir Technologies' higher probable upside, analysts clearly believe Palantir Technologies is more favorable than Shopify.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shopify
0 Sell rating(s)
10 Hold rating(s)
31 Buy rating(s)
2 Strong Buy rating(s)
2.81
Palantir Technologies
3 Sell rating(s)
12 Hold rating(s)
17 Buy rating(s)
2 Strong Buy rating(s)
2.53

Palantir Technologies has lower revenue, but higher earnings than Shopify. Shopify is trading at a lower price-to-earnings ratio than Palantir Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shopify$11.56B12.09$1.23B$1.01106.61
Palantir Technologies$4.48B62.51$1.63B$0.89131.12

Summary

Palantir Technologies beats Shopify on 9 of the 16 factors compared between the two stocks.

How does Shopify compare to SAP?

SAP (NYSE:SAP) and Shopify (NASDAQ:SHOP) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, risk, media sentiment, dividends, institutional ownership and profitability.

SAP currently has a consensus target price of $283.40, indicating a potential upside of 84.55%. Shopify has a consensus target price of $157.17, indicating a potential upside of 45.96%. Given SAP's higher probable upside, equities research analysts plainly believe SAP is more favorable than Shopify.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SAP
0 Sell rating(s)
7 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.70
Shopify
0 Sell rating(s)
10 Hold rating(s)
31 Buy rating(s)
2 Strong Buy rating(s)
2.81

SAP has higher revenue and earnings than Shopify. SAP is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SAP$41.63B4.53$8.10B$7.4020.75
Shopify$11.56B12.09$1.23B$1.01106.61

In the previous week, Shopify had 38 more articles in the media than SAP. MarketBeat recorded 43 mentions for Shopify and 5 mentions for SAP. Shopify's average media sentiment score of 1.10 beat SAP's score of 0.40 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SAP
1 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Shopify
33 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

69.3% of Shopify shares are held by institutional investors. 7.4% of SAP shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

SAP has a beta of 1.12, suggesting that its share price is 12% more volatile than the broader market. Comparatively, Shopify has a beta of 2.6, suggesting that its share price is 160% more volatile than the broader market.

SAP has a net margin of 20.08% compared to Shopify's net margin of 10.77%. SAP's return on equity of 17.31% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
SAP20.08% 17.31% 10.80%
Shopify 10.77%12.07%10.37%

Summary

Shopify beats SAP on 9 of the 17 factors compared between the two stocks.

How does Shopify compare to CrowdStrike?

CrowdStrike (NASDAQ:CRWD) and Shopify (NASDAQ:SHOP) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, institutional ownership, valuation, earnings, analyst recommendations, media sentiment, dividends and profitability.

71.2% of CrowdStrike shares are held by institutional investors. Comparatively, 69.3% of Shopify shares are held by institutional investors. 1.7% of CrowdStrike shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Shopify has a net margin of 10.77% compared to CrowdStrike's net margin of -0.89%. Shopify's return on equity of 12.07% beat CrowdStrike's return on equity.

Company Net Margins Return on Equity Return on Assets
CrowdStrike-0.89% 2.29% 0.94%
Shopify 10.77%12.07%10.37%

CrowdStrike presently has a consensus target price of $692.71, suggesting a potential upside of 1.73%. Shopify has a consensus target price of $157.17, suggesting a potential upside of 45.96%. Given Shopify's stronger consensus rating and higher probable upside, analysts plainly believe Shopify is more favorable than CrowdStrike.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CrowdStrike
2 Sell rating(s)
13 Hold rating(s)
36 Buy rating(s)
0 Strong Buy rating(s)
2.67
Shopify
0 Sell rating(s)
10 Hold rating(s)
31 Buy rating(s)
2 Strong Buy rating(s)
2.81

CrowdStrike has a beta of 1.25, meaning that its stock price is 25% more volatile than the broader market. Comparatively, Shopify has a beta of 2.6, meaning that its stock price is 160% more volatile than the broader market.

Shopify has higher revenue and earnings than CrowdStrike. CrowdStrike is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CrowdStrike$4.81B36.02-$162.50M-$0.19N/A
Shopify$11.56B12.09$1.23B$1.01106.61

In the previous week, Shopify had 11 more articles in the media than CrowdStrike. MarketBeat recorded 43 mentions for Shopify and 32 mentions for CrowdStrike. Shopify's average media sentiment score of 1.10 beat CrowdStrike's score of 0.10 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CrowdStrike
6 Very Positive mention(s)
3 Positive mention(s)
8 Neutral mention(s)
4 Negative mention(s)
1 Very Negative mention(s)
Neutral
Shopify
33 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Shopify beats CrowdStrike on 13 of the 17 factors compared between the two stocks.

How does Shopify compare to AppLovin?

AppLovin (NASDAQ:APP) and Shopify (NASDAQ:SHOP) are both large-cap computer software companies, but which is the better stock? We will compare the two companies based on the strength of their risk, media sentiment, dividends, institutional ownership, earnings, analyst recommendations, profitability and valuation.

AppLovin has higher earnings, but lower revenue than Shopify. AppLovin is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AppLovin$5.48B28.63$3.33B$11.6440.12
Shopify$11.56B12.09$1.23B$1.01106.61

In the previous week, AppLovin had 2 more articles in the media than Shopify. MarketBeat recorded 45 mentions for AppLovin and 43 mentions for Shopify. AppLovin's average media sentiment score of 1.44 beat Shopify's score of 1.10 indicating that AppLovin is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
AppLovin
40 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
33 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

AppLovin currently has a consensus price target of $669.62, suggesting a potential upside of 43.38%. Shopify has a consensus price target of $157.17, suggesting a potential upside of 45.96%. Given Shopify's higher probable upside, analysts clearly believe Shopify is more favorable than AppLovin.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AppLovin
0 Sell rating(s)
5 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.83
Shopify
0 Sell rating(s)
10 Hold rating(s)
31 Buy rating(s)
2 Strong Buy rating(s)
2.81

41.9% of AppLovin shares are held by institutional investors. Comparatively, 69.3% of Shopify shares are held by institutional investors. 13.7% of AppLovin shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

AppLovin has a net margin of 64.29% compared to Shopify's net margin of 10.77%. AppLovin's return on equity of 219.37% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
AppLovin64.29% 219.37% 57.43%
Shopify 10.77%12.07%10.37%

AppLovin has a beta of 2.45, meaning that its share price is 145% more volatile than the broader market. Comparatively, Shopify has a beta of 2.6, meaning that its share price is 160% more volatile than the broader market.

Summary

AppLovin beats Shopify on 10 of the 17 factors compared between the two stocks.

How does Shopify compare to Snowflake?

Snowflake (NYSE:SNOW) and Shopify (NASDAQ:SHOP) are both large-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, media sentiment, profitability, risk and valuation.

Snowflake has a beta of 1.35, indicating that its stock price is 35% more volatile than the broader market. Comparatively, Shopify has a beta of 2.6, indicating that its stock price is 160% more volatile than the broader market.

In the previous week, Snowflake had 40 more articles in the media than Shopify. MarketBeat recorded 83 mentions for Snowflake and 43 mentions for Shopify. Shopify's average media sentiment score of 1.10 beat Snowflake's score of 0.95 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Snowflake
52 Very Positive mention(s)
8 Positive mention(s)
18 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
33 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

65.1% of Snowflake shares are owned by institutional investors. Comparatively, 69.3% of Shopify shares are owned by institutional investors. 4.8% of Snowflake shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Snowflake currently has a consensus price target of $293.53, indicating a potential upside of 27.33%. Shopify has a consensus price target of $157.17, indicating a potential upside of 45.96%. Given Shopify's higher probable upside, analysts plainly believe Shopify is more favorable than Snowflake.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Snowflake
1 Sell rating(s)
5 Hold rating(s)
34 Buy rating(s)
1 Strong Buy rating(s)
2.85
Shopify
0 Sell rating(s)
10 Hold rating(s)
31 Buy rating(s)
2 Strong Buy rating(s)
2.81

Shopify has higher revenue and earnings than Snowflake. Snowflake is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Snowflake$4.68B17.06-$1.33B-$3.52N/A
Shopify$11.56B12.09$1.23B$1.01106.61

Shopify has a net margin of 10.77% compared to Snowflake's net margin of -23.79%. Shopify's return on equity of 12.07% beat Snowflake's return on equity.

Company Net Margins Return on Equity Return on Assets
Snowflake-23.79% -50.50% -12.40%
Shopify 10.77%12.07%10.37%

Summary

Shopify beats Snowflake on 12 of the 17 factors compared between the two stocks.

Get Shopify News Delivered to You Automatically

Sign up to receive the latest news and ratings for SHOP and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SHOP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

SHOP vs. The Competition

Export
MetricShopifyPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$140.12B$8.41B$39.41B$12.39B
Dividend YieldN/A0.89%3.27%5.83%
P/E Ratio106.6123.77163.2322.20
Price / Sales12.096.22625.42110.15
Price / Cash121.4735.8148.5354.51
Price / Book10.4211.049.586.50
Net Income$1.23B$89.22M$1.07B$336.88M
7 Day Performance-4.90%0.64%-1.41%-0.22%
1 Month Performance4.54%1.30%0.99%0.77%
1 Year Performance-2.09%539.14%159.21%31.57%

Shopify Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.5747 of 5 stars		$107.68
-0.3%		$157.17
+46.0%		+1.5%$140.12B$11.56B106.617,600
PLTR
Palantir Technologies
4.6298 of 5 stars		$134.61
+5.2%		$192.76
+43.2%		-13.0%$322.69B$4.48B151.244,429
SAP
SAP
4.8455 of 5 stars		$164.55
+0.2%		$283.40
+72.2%		-48.0%$202.14B$41.63B22.24110,650
CRWD
CrowdStrike
3.3275 of 5 stars		$692.49
+1.4%		$692.71
+0.0%		+41.8%$176.29B$4.81BN/A10,698
APP
AppLovin
4.8455 of 5 stars		$520.62
+4.8%		$669.62
+28.6%		+44.6%$174.90B$5.48B44.731,710

Related Companies and Tools

Related Companies
Top 10 Stock Comparisons

This page (NASDAQ:SHOP) was last updated on 6/23/2026 by MarketBeat.com Staff.
From Our Partners
Trump's gold order: the announcement they won't put on the front page
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Tru...
Altimetry | Sponsoredtc pixel
The roadshow starts Monday. This stock isn't ready.
The SpaceX roadshow kicks off June 8. Goldman Sachs, the lead underwriter, will present the full S-1 to the wo...
Behind the Markets | Sponsoredtc pixel
Do NOT Buy SpaceX – Do This Instead
SpaceX just went public - and Whitney Tilson, Harvard MBA and 30-year Wall Street veteran, says buying in coul...
Stansberry Research | Sponsoredtc pixel
Trump just signed it
A recent policy development is drawing attention from income-focused investors. According to one analyst, c...
Investors Alley | Sponsoredtc pixel
SpaceX is chump change compared to Elon’s $20T ‘iPhone’
Early Apple investors saw peak gains as high as 7,537% after the iPhone launched. Now, multiple insider source...
StocksToTrade | Sponsoredtc pixel
Porter flew 3,300 miles to investigate this system
Porter Stansberry flew the Porter and Co. team 3,300 miles to Dublin to investigate a 17-year investing experi...
Porter & Company | Sponsoredtc pixel
Your book attached
Bill Poulos is giving away his 'Safe Trade Options Formula' book for free - but only for a limited time throug...
Profits Run | Sponsoredtc pixel