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DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:SHOP

Shopify Stock Forecast, Price & News

$1,131.01
-18.43 (-1.60 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$1,021.57
Now: $1,131.01
$1,154.97
50-Day Range
$1,092.08
MA: $1,276.01
$1,474.00
52-Week Range
$305.30
Now: $1,131.01
$1,499.75
Volume3.94 million shs
Average Volume1.43 million shs
Market Capitalization$137.88 billion
P/E Ratio720.39
Dividend YieldN/A
Beta1.6
Shopify Inc., a commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, 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, fulfill and ship orders, build customer relationships, source products, 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.
Shopify logo

Headlines

6 Hot Cannabis Stocks For Penny Stock Investors (SHOP)
February 18, 2021 |  marketbeat.com
Shopify Stock Rally Is Far From Over
February 18, 2021 |  marketbeat.com
Why Shopify Climbed 16.6% in February
March 4, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
Phone613-241-2828
Employees5,000
Year Founded2004

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.58 billion
Book Value$25.90 per share

Profitability

Net Income$-124,840,000.00

Miscellaneous

Market Cap$137.88 billion
Next Earnings Date5/5/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.41 out of 5 stars

Computer And Technology Sector

419th out of 1,526 stocks

Prepackaged Software Industry

95th out of 285 stocks

Analyst Opinion: 3.2Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
$1,131.01
-18.43 (-1.60 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Shopify (NYSE:SHOP) Frequently Asked Questions

Is Shopify a buy right now?

29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 1 sell rating, 14 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Shopify stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHOP, but not buy additional shares or sell existing shares.
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 "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Shopify wasn't one of them. MarketBeat thinks these five stocks 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 Wednesday, May 5th 2021.
View our earnings forecast for Shopify
.

How were Shopify's earnings last quarter?

Shopify Inc. (NYSE:SHOP) announced its quarterly earnings results on Wednesday, February, 17th. The software maker reported $1.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $1.02. The software maker had revenue of $977.74 million for the quarter, compared to analyst estimates of $906.82 million. Shopify had a trailing twelve-month return on equity of 2.35% and a net margin of 7.99%.
View Shopify's earnings history
.

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

Shopify's stock was trading at $422.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SHOP stock has increased by 167.8% and is now trading at $1,131.01.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for SHOP?

29 Wall Street analysts have issued 12-month price targets for Shopify's shares. Their forecasts range from $400.00 to $1,900.00. On average, they expect Shopify's share price to reach $1,287.62 in the next twelve months. This suggests a possible upside of 13.8% 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 40, Pay $615.92k)
  • Ms. Amy E. Shapero, Chief Financial Officer (Age 58, Pay $538.93k) (LinkedIn Profile)
  • Mr. Harley Michael Finkelstein, Chief Operating Officer (Age 38, Pay $423.44k) (LinkedIn Profile)
  • Mr. Craig Stuart Miller, Chief Product Officer (Age 38, Pay $423.44k)
  • Ms. Brittany Forsyth, Chief Talent Officer (Age 34, Pay $307.96k) (LinkedIn Profile)
  • Mr. Jean-Michel Lemieux, Chief Technology Officer (Age 48) (LinkedIn Profile)
  • Katie Keita, Sr. Director of Investor Relations
  • Mr. Joseph A. Frasca, Sr. VP, Chief Legal Officer & Sec. (Age 47) (LinkedIn Profile)
  • Darrell Etherington, PR Mang.
  • Mr. Jeffrey Weiser, Chief Marketing Officer (Age 44)

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.

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), 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 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 served 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 Aequim Alternative Investments LP (5.50%), Baillie Gifford & Co. (4.70%), Jennison Associates LLC (3.52%), Price T Rowe Associates Inc. MD (2.16%), WCM Investment Management LLC (1.59%) and WCM Investment Management LLC (1.59%).

Which major investors are selling Shopify stock?

SHOP stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Price T Rowe Associates Inc. MD, Voloridge Investment Management LLC, Bank of New York Mellon Corp, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Principal Financial Group Inc., Principal Financial Group Inc., and Eaton Vance Management.

Which major investors are buying Shopify stock?

SHOP stock was purchased by a variety of institutional investors in the last quarter, including Aequim Alternative Investments LP, Norges Bank, Jennison Associates LLC, Nikko Asset Management Americas Inc., Brown Advisory Inc., Sumitomo Mitsui Trust Holdings Inc., Renaissance Technologies LLC, and Egerton Capital UK LLP.

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 $1,131.01.

How much money does Shopify make?

Shopify has a market capitalization of $137.88 billion and generates $1.58 billion in revenue each year. The software maker earns $-124,840,000.00 in net income (profit) each year or ($0.94) on an earnings per share basis.

How many employees does Shopify have?

Shopify employs 5,000 workers across the globe.

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 3/7/2021 by MarketBeat.com Staff

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