S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NYSE:SHOP

Shopify (SHOP) Stock Forecast, Price & News

$363.85
-27.48 (-7.02%)
(As of 05/20/2022 06:40 PM ET)
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Compare
Today's Range
$340.01
$403.99
50-Day Range
$318.59
$780.00
52-Week Range
$308.06
$1,762.92
Volume
5.66 million shs
Average Volume
3.55 million shs
Market Capitalization
$45.81 billion
P/E Ratio
291.08
Dividend Yield
N/A
Beta
1.82
30 days | 90 days | 365 days | Advanced Chart
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Shopify logo

About Shopify

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 orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Headlines

Shopify (NYSE: SHOP) Approaches Key Support Level
Tech investors have been given plenty of lessons in the past few months about making the best of a bad situation, none more so than Shopify (NYSE: SHOP)
3 Earnings Plays With Big Move Potential (SHOP)
Simply looking to see how a stock has historically moved on earnings is a good approach as well. Finally, companies that have huge investor followings and are popular in social media circles can be driven way up or down by the herd mentality.
Why Shopify Gave Up Yesterday's Gains Today
Shopify Stock: Bear vs. Bull
Did Shopify Stock Insider Buying Mark the Low?
See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
10,000
Year Founded
2004

Sales & Book Value

Annual Sales
$4.61 billion
Cash Flow
$3.57 per share
Book Value
$77.76 per share

Profitability

Net Income
$2.91 billion
Pretax Margin
2.45%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$45.81 billion
Optionable
Optionable

Company Calendar

Last Earnings
5/05/2022
Today
5/22/2022
Next Earnings (Estimated)
7/27/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.27 out of 5 stars

Computer And Technology Sector

317th out of 919 stocks

Prepackaged Software Industry

104th out of 297 stocks

Analyst Opinion: 4.3Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -













Shopify (NYSE:SHOP) Frequently Asked Questions

Is Shopify a buy right now?

36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 1 sell rating, 15 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Shopify stock.
View analyst ratings for Shopify
or view top-rated stocks.

When is Shopify's next earnings date?

Shopify is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Shopify
.

How were Shopify's earnings last quarter?

Shopify Inc. (NYSE:SHOP) posted its quarterly earnings results on Thursday, May, 5th. The software maker reported $0.20 earnings per share for the quarter, topping the consensus estimate of ($0.39) by $0.59. The software maker earned $1.20 billion during the quarter, compared to analyst estimates of $1.24 billion. Shopify had a trailing twelve-month return on equity of 1.94% and a net margin of 3.77%. Shopify's quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.32 EPS.
View Shopify's earnings history
.

When did Shopify's stock split? How did Shopify's stock split work?

Shares of Shopify split before market open on Wednesday, June 29th 2022. The 10-1 split was announced on Monday, April 11th 2022. The newly minted shares will be issued to shareholders after the closing bell on Tuesday, June 28th 2022. An investor that had 100 shares of Shopify stock prior to the split would have 1,000 shares after the split.

What price target have analysts set for SHOP?

36 analysts have issued 12 month price objectives for Shopify's stock. Their forecasts range from $400.00 to $2,000.00. On average, they expect Shopify's share price to reach $927.18 in the next twelve months. This suggests a possible upside of 154.8% from the stock's current price.
View analysts' price targets for Shopify
or view top-rated stocks among Wall Street analysts.

Who are Shopify's key executives?
Shopify's management team includes the following people:
  • Mr. Tobias Lütke, Founder, Chairman & CEO (Age 41, Pay $1)
  • Mr. Harley Finkelstein, Pres (Age 39, Pay $473.28k)
  • Ms. Amy E. Shapero, Chief Financial Officer (Age 59, Pay $610.13k)
  • Mr. Toby Shannan, Chief Operating Officer (Age 52, Pay $512.72k)
  • Mr. Allan Leinwand, Chief Technology Officer (Age 55, Pay $212.5k)
  • Katie Keita, Sr. Director of Investor Relations
  • Ms. Jessica R. Hertz, Gen. Counsel & Corp. Sec.
  • Ms. Brittany Forsyth, Chief Talent Officer (Age 35)
  • Ms. Bharati Balakrishnan, Country Head & Director- India
  • Mr. Loren Padelford, GM & VP of Shopify Plus
What is Tobias Lütke's approval rating as Shopify's CEO?

468 employees have rated Shopify CEO Tobias Lütke on Glassdoor.com. Tobias Lütke has an approval rating of 93% among Shopify's employees. This puts Tobias Lütke in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Tesla (TSLA), Alibaba Group (BABA), Netflix (NFLX), Square (SQ), Trade Desk (TTD), PayPal (PYPL), Salesforce (CRM), Walt Disney (DIS) and Advanced Micro Devices (AMD).

When did Shopify IPO?

(SHOP) raised $100 million in an 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.

What is Shopify's stock symbol?

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

Who are Shopify's major shareholders?

Shopify's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (4.27%), Vanguard Group Inc. (2.90%), Capital World Investors (2.45%), Capital Research Global Investors (2.39%), Jennison Associates LLC (2.28%) and Sands Capital Management LLC (1.69%).

Which institutional investors are selling Shopify stock?

SHOP stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , NN Investment Partners Holdings N.V., Nicholas Investment Partners LP, Bank of Nova Scotia, Jennison Associates LLC, Capital World Investors, Zurcher Kantonalbank Zurich Cantonalbank , and BlackRock Inc..

Which institutional investors are buying Shopify stock?

SHOP stock was acquired by a variety of institutional investors in the last quarter, including Loomis Sayles & Co. L P, Capital Research Global Investors, Sands Capital Management LLC, Jarislowsky Fraser Ltd, Capital International Investors, Jane Street Group LLC, Simplex Trading LLC, and Viking Global Investors LP.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Shopify's stock price today?

One share of SHOP stock can currently be purchased for approximately $363.85.

How much money does Shopify make?

Shopify has a market capitalization of $45.81 billion and generates $4.61 billion in revenue each year. The software maker earns $2.91 billion in net income (profit) each year or $1.25 on an earnings per share basis.

How many employees does Shopify have?

Shopify employs 10,000 workers across the globe.

Does Shopify have any subsidiaries?

The following companies are subsidiares of Shopify: 6 River Systems, 6 River Systems LLC, Boltmade, Handshake, Helpful, Jet Cooper, Kit, Oberlo, Return Magic, Select Start Studios, Shopify Capital Inc., Shopify Commerce Singapore Pte. Ltd., Shopify Holdings (USA) Inc., Shopify International Limited, Shopify LLC, Shopify Payments (Canada) Inc., Shopify Payments (USA) Inc., Tictail, and Tiny Hearts.

When was Shopify founded?

Shopify was founded in 2004.

What is Shopify's official website?

The official website for Shopify is 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].

This page was last updated on 5/23/2022 by MarketBeat.com Staff

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