NYSE:SHOP - Shopify Stock Price, News, & Analysis

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$198.75 -6.25 (-3.05 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$205.00
Today's Range$198.61 - $204.69
52-Week Range$112.50 - $209.59
Volume1.51 million shs
Average Volume1.38 million shs
Market Capitalization$21.94 billion
P/E Ratio-325.82
Dividend YieldN/A
Beta1.53
Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in the United States, the United Kingdom, Canada, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
Phone613-241-2828

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.07 billion
Book Value$19.41 per share

Profitability

Net Income$-64,550,000.00

Miscellaneous

Employees4,000
Market Cap$21.94 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Shopify (NYSE:SHOP) Frequently Asked Questions

What is Shopify's stock symbol?

Shopify trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHOP."

How were Shopify's earnings last quarter?

Shopify Inc (NYSE:SHOP) issued its earnings results on Tuesday, February, 12th. The software maker reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.06) by $0.32. The software maker had revenue of $344 million for the quarter, compared to analysts' expectations of $327.45 million. Shopify had a negative return on equity of 3.52% and a negative net margin of 6.01%. The company's revenue was up 54.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.15 earnings per share. View Shopify's Earnings History.

When is Shopify's next earnings date?

Shopify is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Shopify.

What guidance has Shopify issued on next quarter's earnings?

Shopify issued an update on its first quarter 2019 earnings guidance on Tuesday, February, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $305-310 million, compared to the consensus revenue estimate of $308 million.Shopify also updated its FY 2019 guidance to EPS.

What price target have analysts set for SHOP?

19 brokerages have issued twelve-month target prices for Shopify's stock. Their predictions range from $145.00 to $230.00. On average, they anticipate Shopify's share price to reach $189.7368 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for Shopify.

What is the consensus analysts' recommendation for Shopify?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 5 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Shopify.

Has Shopify been receiving favorable news coverage?

Headlines about SHOP stock have trended somewhat positive recently, according to InfoTrie. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Shopify earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the stock's share price in the next several days.

Who are some of Shopify's key competitors?

What other stocks do shareholders of Shopify own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shopify investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Square (SQ), Paypal (PYPL), Advanced Micro Devices (AMD), salesforce.com (CRM), Walt Disney (DIS) and JD.Com (JD).

Who are Shopify's key executives?

Shopify's management team includes the folowing people:
  • Mr. Tobias Lütke, Founder, Chairman & CEO (Age 38)
  • Mr. Harley Michael Finkelstein, Chief Operating Officer (Age 36)
  • Mr. Craig Stuart Miller, Chief Product Officer (Age 36)
  • Mr. Jean-Michel Lemieux, Sr. VP of Engineering (Age 46)
  • Ms. Amy E. Shapero, Chief Financial Officer (Age 56)

When did Shopify IPO?

(SHOP) raised $100 million in an initial public offering (IPO) on Thursday, May 21st 2015. The company issued 7,700,000 shares at $12.00-$14.00 per share. Morgan Stanley, Credit Suisse and RBC Capital Markets acted as the underwriters for the IPO and Pacific Crest Securities, Raymond James and Canaccord Genuity were co-managers.

Who are Shopify's major shareholders?

Shopify's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (9.40%), WCM Investment Management LLC (6.13%), Baillie Gifford & Co. (3.52%), Jennison Associates LLC (1.22%), Whale Rock Capital Management LLC (0.99%) and Carmignac Gestion (0.80%).

Which major investors are selling Shopify stock?

SHOP stock was sold by a variety of institutional investors in the last quarter, including Carmignac Gestion, Whale Rock Capital Management LLC, Connor Clark & Lunn Investment Management Ltd., FMR LLC, Foxhaven Asset Management LP, Summit Partners Public Asset Management LLC, CIBC Asset Management Inc and Fiera Capital Corp.

Which major investors are buying Shopify stock?

SHOP stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Baillie Gifford & Co., WCM Investment Management LLC, Toronto Dominion Bank, Jennison Associates LLC, Principal Financial Group Inc., Mackenzie Financial Corp and Atalanta Sosnoff Capital LLC.

How do I buy shares of Shopify?

Shares of SHOP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Shopify's stock price today?

One share of SHOP stock can currently be purchased for approximately $198.75.

How big of a company is Shopify?

Shopify has a market capitalization of $21.94 billion and generates $1.07 billion in revenue each year. The software maker earns $-64,550,000.00 in net income (profit) each year or ($0.61) on an earnings per share basis. Shopify employs 4,000 workers across the globe.

What is Shopify's official website?

The official website for Shopify is http://www.shopify.ca.

How can I contact Shopify?

Shopify's mailing address is 150 Elgin Street 8th Floor, Ottawa A6, K2P 1L4. The software maker can be reached via phone at 613-241-2828 or via email at [email protected]


MarketBeat Community Rating for Shopify (NYSE SHOP)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  836 (Vote Outperform)
Underperform Votes:  489 (Vote Underperform)
Total Votes:  1,325
MarketBeat's community ratings are surveys of what our community members think about Shopify and other stocks. Vote "Outperform" if you believe SHOP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHOP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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