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DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
S&P 500   4,662.85 (+0.08%)
DOW   35,911.81 (-0.56%)
NYSE:SHOP

Shopify Stock Forecast, Price & News

$1,102.91
+38.55 (+3.62%)
(As of 01/14/2022 12:00 AM ET)
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Today's Range
$1,048.60
$1,111.98
50-Day Range
$1,064.36
$1,690.60
52-Week Range
$1,005.14
$1,762.92
Volume
2.22 million shs
Average Volume
1.79 million shs
Market Capitalization
$137.60 billion
P/E Ratio
41.11
Dividend Yield
N/A
Beta
1.42
30 days | 90 days | 365 days | Advanced Chart
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Shopify logo

About Shopify

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. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded by Tobias Albin Lütke, Daniel Weinand, and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada.

Headlines

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Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
7,000
Year Founded
2004

Sales & Book Value

Annual Sales
$2.93 billion
Cash Flow
$2.96 per share
Book Value
$52.24 per share

Profitability

Net Income
$319.51 million
Pretax Margin
88.82%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$137.60 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Today
1/17/2022
Next Earnings (Estimated)
2/16/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.43 out of 5 stars

Computer And Technology Sector

195th out of 897 stocks

Prepackaged Software Industry

54th out of 283 stocks

Analyst Opinion: 4.3Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Shopify (NYSE:SHOP) Frequently Asked Questions

Is Shopify a buy right now?

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 13 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Shopify stock.
View analyst ratings for Shopify
or view top-rated stocks.

How has Shopify's stock been impacted by Coronavirus?

Shopify's stock was trading at $422.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHOP stock has increased by 161.2% and is now trading at $1,102.91.
View which stocks have been most impacted by COVID-19
.

When is Shopify's next earnings date?

Shopify is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for Shopify
.

How were Shopify's earnings last quarter?

Shopify Inc. (NYSE:SHOP) announced its quarterly earnings results on Thursday, October, 28th. The software maker reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.34. The software maker had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.15 billion. Shopify had a trailing twelve-month return on equity of 5.63% and a net margin of 81.00%. The business's revenue was up 46.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.52 EPS.
View Shopify's earnings history
.

What price target have analysts set for SHOP?

31 brokerages have issued 12-month target prices for Shopify's shares. Their forecasts range from $1,300.00 to $2,000.00. On average, they anticipate Shopify's stock price to reach $1,634.42 in the next year. This suggests a possible upside of 48.2% 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:
  • Tobias Albin Lütke, Chairman & Chief Executive Officer
  • Harley Finkelstein, President
  • Toby Shannan, Chief Operating Officer
  • Amy E. Shapero, Chief Financial Officer
  • Jean-Michel Lemieux, Chief Technology Officer

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.com (CRM), Walt Disney (DIS) and Advanced Micro Devices (AMD).

When did Shopify IPO?

(SHOP) raised $100 million in an initial public offering 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 many different institutional and retail investors. Top institutional investors include Addenda Capital Inc. (0.05%), Stonnington Group LLC (0.01%), Spire Wealth Management (0.01%), Spence Asset Management (0.01%), Dock Street Asset Management Inc. (0.01%) and XR Securities LLC (0.00%).

Which institutional investors are selling Shopify stock?

SHOP stock was sold by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division, XR Securities LLC, Confluence Investment Management LLC, Stock Yards Bank & Trust Co., Crossmark Global Holdings Inc., IFP Advisors Inc, Stratos Wealth Partners LTD., and Corrado Advisors LLC.

Which institutional investors are buying Shopify stock?

SHOP stock was bought by a variety of institutional investors in the last quarter, including Stonnington Group LLC, Spire Wealth Management, Viridian Ria LLC, Charles Schwab Trust Co, Lake Hills Wealth Management LLC, Addenda Capital Inc., Spence Asset Management, and White Knight Strategic Wealth Advisors 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 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 $1,102.91.

How much money does Shopify make?

Shopify has a market capitalization of $137.60 billion and generates $2.93 billion in revenue each year. The software maker earns $319.51 million in net income (profit) each year or $26.83 on an earnings per share basis.

How many employees does Shopify have?

Shopify employs 7,000 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.

Where are Shopify's headquarters?

Shopify is headquartered at 150 Elgin Street 8th Floor, Ottawa A6, K2P 1L4.

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 1/17/2022 by MarketBeat.com Staff

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