Free Trial

Shopify (SHOP) Competitors

Shopify logo
$114.77 +2.10 (+1.86%)
Closing price 07/2/2025 04:00 PM Eastern
Extended Trading
$115.58 +0.81 (+0.70%)
As of 08:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

SHOP vs. AFRM, AMZN, ETSY, GLBE, GOOG, GOOGL, MELI, ROKU, PINS, and SAP

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include Affirm (AFRM), Amazon.com (AMZN), Etsy (ETSY), Global-e Online (GLBE), Alphabet (GOOG), Alphabet (GOOGL), MercadoLibre (MELI), Roku (ROKU), Pinterest (PINS), and SAP (SAP).

Shopify vs. Its Competitors

Affirm (NASDAQ:AFRM) and Shopify (NYSE:SHOP) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, risk, institutional ownership, valuation, dividends, analyst recommendations and media sentiment.

Shopify has higher revenue and earnings than Affirm. Affirm is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Affirm$2.32B9.49-$517.76M-$0.21-325.57
Shopify$9.38B15.88$2.02B$1.2393.31

69.3% of Affirm shares are owned by institutional investors. Comparatively, 69.3% of Shopify shares are owned by institutional investors. 11.8% of Affirm shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Affirm currently has a consensus target price of $65.67, suggesting a potential downside of 3.95%. Shopify has a consensus target price of $115.66, suggesting a potential upside of 0.77%. Given Shopify's higher probable upside, analysts clearly believe Shopify is more favorable than Affirm.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Affirm
0 Sell rating(s)
8 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.73
Shopify
1 Sell rating(s)
14 Hold rating(s)
25 Buy rating(s)
2 Strong Buy rating(s)
2.67

Shopify has a net margin of 22.74% compared to Affirm's net margin of -2.07%. Shopify's return on equity of 12.00% beat Affirm's return on equity.

Company Net Margins Return on Equity Return on Assets
Affirm-2.07% -2.22% -0.61%
Shopify 22.74%12.00%9.79%

In the previous week, Shopify had 28 more articles in the media than Affirm. MarketBeat recorded 33 mentions for Shopify and 5 mentions for Affirm. Shopify's average media sentiment score of 1.35 beat Affirm's score of 0.74 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Affirm
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
27 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Affirm has a beta of 3.63, indicating that its share price is 263% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.63, indicating that its share price is 163% more volatile than the S&P 500.

Summary

Shopify beats Affirm on 13 of the 17 factors compared between the two stocks.

Get Shopify News Delivered to You Automatically

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

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SHOP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

SHOP vs. The Competition

MetricShopifyPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$148.90B$5.60B$27.19B$20.53B
Dividend YieldN/A1.62%3.15%3.77%
P/E Ratio74.05146.4536.0327.85
Price / Sales15.884.331,990.5637.49
Price / Cash125.5658.3537.6521.91
Price / Book12.854.757.064.55
Net Income$2.02B$36.12M$763.02M$984.95M
7 Day Performance1.50%2.91%1.86%2.31%
1 Month Performance9.19%0.00%5.94%4.85%
1 Year Performance71.86%42.54%52,289.36%13.81%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.0041 of 5 stars
$114.77
+1.9%
$115.66
+0.8%
+73.7%$148.90B$9.38B74.0511,600Positive News
AFRM
Affirm
2.1353 of 5 stars
$68.59
+0.8%
$65.67
-4.3%
+132.7%$22.13B$2.32B-326.622,550Analyst Forecast
AMZN
Amazon.com
4.6204 of 5 stars
$219.95
-1.5%
$245.81
+11.8%
+10.0%$2.34T$637.96B35.821,556,000Trending News
Analyst Forecast
Insider Trade
ETSY
Etsy
3.6615 of 5 stars
$50.10
-1.1%
$49.91
-0.4%
-9.1%$5.22B$2.81B35.792,400Analyst Forecast
GLBE
Global-e Online
4.1494 of 5 stars
$33.31
+1.5%
$48.00
+44.1%
-9.7%$5.65B$752.76M-92.531,084News Coverage
Positive News
GOOG
Alphabet
4.8684 of 5 stars
$177.94
-0.2%
$206.38
+16.0%
-3.7%$2.16T$359.71B19.84190,200Trending News
GOOGL
Alphabet
4.2493 of 5 stars
$177.13
-0.8%
$199.95
+12.9%
-3.6%$2.15T$359.71B19.75183,323Trending News
Analyst Forecast
MELI
MercadoLibre
3.8771 of 5 stars
$2,609.68
+1.9%
$2,645.94
+1.4%
+54.8%$132.31B$20.78B64.1818,282Positive News
ROKU
Roku
2.7918 of 5 stars
$88.72
+2.0%
$89.93
+1.4%
+40.8%$12.95B$4.11B-121.533,340
PINS
Pinterest
4.2568 of 5 stars
$36.07
+0.3%
$40.52
+12.3%
-17.3%$24.46B$3.65B13.163,990Positive News
Analyst Forecast
Insider Trade
SAP
SAP
3.376 of 5 stars
$303.89
+0.9%
$271.83
-10.5%
+50.1%$373.33B$36.99B58.22109,973Positive News

Related Companies and Tools


This page (NYSE:SHOP) was last updated on 7/3/2025 by MarketBeat.com Staff
From Our Partners