NYSE:SHOP - Shopify Stock Price, Price Target & More

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

Shopify (NYSE:SHOP) posted its earnings results on Tuesday, May, 1st. The software maker reported $0.04 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.23) by $0.27. The software maker earned $214.30 million during the quarter, compared to the consensus estimate of $202.35 million. Shopify had a negative return on equity of 3.67% and a negative net margin of 5.56%. The company's revenue was up 68.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.04) earnings per share. View Shopify's Earnings History.

Shopify is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Shopify.

24 equities research analysts have issued twelve-month price targets for Shopify's stock. Their forecasts range from $90.00 to $170.00. On average, they expect Shopify's stock price to reach $134.00 in the next twelve months. View Analyst Ratings for Shopify.

Shopify saw a increase in short interest in April. As of April 30th, there was short interest totalling 10,510,327 shares, an increase of 39.9% from the April 13th total of 7,511,505 shares. Based on an average daily volume of 1,973,624 shares, the days-to-cover ratio is presently 5.3 days. Currently, 12.2% of the shares of the company are short sold.

Some companies that are related to Shopify include VMware (VMW), Activision (ATVI), Intuit (INTU), Electronic Arts (EA), Dassault Systčmes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), Splunk (SPLK), Check Point Software Technologies (CHKP), CA Technologies (CA), Citrix Systems (CTXS), Mobileye (MBBYF), Ansys (ANSS) and Symantec (SYMC).

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

News stories about SHOP stock have trended positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shopify earned a news impact score of 0.28 on Accern's scale. They also assigned news articles about the software maker an impact score of 44.75 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Shopify's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Whale Rock Capital Management LLC (1.47%), Carmignac Gestion (1.45%), Baillie Gifford & Co. (1.38%), Franklin Resources Inc. (1.18%), Zevenbergen Capital Investments LLC (0.91%) and JPMorgan Chase & Co. (0.74%). View Institutional Ownership Trends for Shopify.

SHOP stock was sold by a variety of institutional investors in the last quarter, including Whale Rock Capital Management LLC, Ontario Teachers Pension Plan Board, Stephens Investment Management Group LLC, Amundi Pioneer Asset Management Inc., SG Americas Securities LLC, Federated Investors Inc. PA, Columbus Circle Investors and CIBC Asset Management Inc. View Insider Buying and Selling for Shopify.

SHOP stock was acquired by a variety of institutional investors in the last quarter, including Carmignac Gestion, Baillie Gifford & Co., Franklin Resources Inc., Lord Abbett & CO. LLC, JPMorgan Chase & Co., Select Equity Group L.P., Russell Investments Group Ltd. and New York State Common Retirement Fund. View Insider Buying and Selling for 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.

One share of SHOP stock can currently be purchased for approximately $138.75.

Shopify has a market capitalization of $15.53 billion and generates $673.30 million in revenue each year. The software maker earns $-39,990,000.00 in net income (profit) each year or ($0.42) on an earnings per share basis. Shopify employs 3,000 workers across the globe.

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]