QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
NYSE:SHOP

Shopify Stock Forecast, Price & News

$1,363.70
-61.46 (-4.31 %)
(As of 10/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$1,357.71
$1,430.15
50-Day Range
$1,314.90
$1,554.25
52-Week Range
$875.00
$1,650.00
Volume1.28 million shs
Average Volume1.24 million shs
Market Capitalization$170.14 billion
P/E Ratio70.40
Dividend YieldN/A
Beta1.45
30 days | 90 days | 365 days | Advanced Chart
Receive SHOP News and Ratings via Email

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


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

See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$2.93 billion
Cash Flow
$2.74 per share
Book Value
$52.24 per share

Profitability

Net Income
$319.51 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$170.14 billion
Next Earnings Date
10/28/2021 (Confirmed)
Optionable
Optionable

Social Links


MarketRank

Overall MarketRank

1.98 out of 5 stars

Computer And Technology Sector

433rd out of 869 stocks

Prepackaged Software Industry

119th out of 259 stocks

Analyst Opinion: 3.3Community Rank: 4.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -












Shopify (NYSE:SHOP) Frequently Asked Questions

Is Shopify a buy right now?

30 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 11 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Shopify stock.
View analyst ratings for Shopify
or view top-rated stocks.

What stocks does MarketBeat like better than Shopify?

Wall Street analysts have given Shopify a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Shopify wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Shopify's next earnings date?

Shopify is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Shopify
.

How can I listen to Shopify's earnings call?

Shopify will be holding an earnings conference call on Thursday, October 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Shopify's earnings last quarter?

Shopify Inc. (NYSE:SHOP) released its quarterly earnings results on Wednesday, July, 28th. The software maker reported $2.24 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $2.01. The software maker earned $1.12 billion during the quarter, compared to analyst estimates of $1.04 billion. Shopify had a net margin of 63.65% and a trailing twelve-month return on equity of 7.15%.
View Shopify's earnings history
.

How has Shopify's stock been impacted by COVID-19 (Coronavirus)?

Shopify's stock was trading at $422.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SHOP stock has increased by 222.9% and is now trading at $1,363.70.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for SHOP?

30 equities research analysts have issued 12 month target prices for Shopify's shares. Their forecasts range from $1,206.00 to $2,000.00. On average, they expect Shopify's share price to reach $1,646.41 in the next year. This suggests a possible upside of 20.7% 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), The Trade Desk (TTD), PayPal (PYPL), salesforce.com (CRM), The 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 a number of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (4.40%), Sumitomo Mitsui Trust Holdings Inc. (0.75%), Barton Investment Management (0.18%), Assenagon Asset Management S.A. (0.06%), Addenda Capital Inc. (0.05%) and DekaBank Deutsche Girozentrale (0.03%).

Which institutional investors are selling Shopify stock?

SHOP stock was sold by a variety of institutional investors in the last quarter, including Baillie Gifford & Co., Sumitomo Mitsui Trust Holdings Inc., Kestra Advisory Services LLC, Barton Investment Management, AdvisorNet Financial Inc, Axel Capital Management LLC, Jaffetilchin Investment Partners LLC, and Henry James International Management Inc..

Which institutional investors are buying Shopify stock?

SHOP stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Fisher Asset Management LLC, Calamos Advisors LLC, XR Securities LLC, Dixon Hubard Feinour & Brown Inc. VA, Hillsdale Investment Management Inc., Applied Research Investments LLC, and Dock Street Asset Management Inc..

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 $1,363.70.

How much money does Shopify make?

Shopify has a market capitalization of $170.14 billion and generates $2.93 billion in revenue each year. The software maker earns $319.51 million in net income (profit) each year or $2.37 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 10/26/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.