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Shopify (SHOP) Competitors

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$141.28 -0.26 (-0.18%)
Closing price 08/29/2025 04:00 PM Eastern
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$141.28 0.00 (0.00%)
As of 08/29/2025 07:59 PM Eastern
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SHOP vs. AFRM, AMZN, ETSY, GLBE, GOOG, GOOGL, MELI, PYPL, ROKU, and PINS

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), PayPal (PYPL), Roku (ROKU), and Pinterest (PINS).

Shopify vs. Its Competitors

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

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 company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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

In the previous week, Shopify had 16 more articles in the media than Affirm. MarketBeat recorded 46 mentions for Shopify and 30 mentions for Affirm. Shopify's average media sentiment score of 1.15 beat Affirm's score of 0.35 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Affirm
4 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Shopify
31 Very Positive mention(s)
4 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Shopify has a net margin of 22.74% compared to Affirm's net margin of 1.62%. Shopify's return on equity of 12.00% beat Affirm's return on equity.

Company Net Margins Return on Equity Return on Assets
Affirm1.62% 1.84% 0.50%
Shopify 22.74%12.00%9.79%

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$3.24B8.80-$517.76M-$0.21-421.24
Shopify$10.01B18.34$2.02B$1.7978.93

Affirm presently has a consensus target price of $77.35, indicating a potential downside of 12.56%. Shopify has a consensus target price of $150.27, indicating a potential upside of 6.36%. Given Shopify's higher possible 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)
11 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.67
Shopify
1 Sell rating(s)
20 Hold rating(s)
24 Buy rating(s)
0 Strong Buy rating(s)
2.51

Summary

Shopify beats Affirm on 11 of the 17 factors compared between the two stocks.

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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.
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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.
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SHOP vs. The Competition

MetricShopifyPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$183.62B$9.02B$30.24B$21.33B
Dividend YieldN/A0.89%3.17%3.50%
P/E Ratio91.15174.16418.8429.34
Price / Sales18.343.941,790.4451.63
Price / Cash125.5657.6036.4324.03
Price / Book15.824.219.405.36
Net Income$2.02B$77.43M$807.00M$996.52M
7 Day Performance-0.58%-1.20%0.45%0.34%
1 Month Performance14.85%0.50%2.21%4.69%
1 Year Performance90.79%12.56%23,929.61%11.68%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.3119 of 5 stars
$141.28
-0.2%
$150.27
+6.4%
+92.8%$183.62B$10.01B91.1511,600Positive News
Analyst Forecast
AFRM
Affirm
1.9841 of 5 stars
$78.17
-1.7%
$68.74
-12.1%
+112.3%$25.23B$2.32B-372.422,006Trending News
Earnings Report
Analyst Forecast
Insider Trade
Analyst Revision
Gap Up
AMZN
Amazon.com
4.6334 of 5 stars
$228.43
-0.2%
$262.87
+15.1%
+33.0%$2.44T$637.96B34.831,556,000Trending News
ETSY
Etsy
4.082 of 5 stars
$58.21
-7.1%
$57.80
-0.7%
-4.5%$5.77B$2.84B46.912,400Trending News
Insider Trade
GLBE
Global-e Online
4.1729 of 5 stars
$32.85
-1.3%
$48.33
+47.1%
-0.9%$5.57B$752.76M-193.181,084Positive News
GOOG
Alphabet
4.4718 of 5 stars
$209.57
+1.4%
$215.19
+2.7%
+30.7%$2.53T$371.40B22.32190,200Trending News
GOOGL
Alphabet
3.8575 of 5 stars
$208.96
+1.4%
$211.53
+1.2%
+31.6%$2.53T$371.40B22.25183,323Trending News
MELI
MercadoLibre
4.6171 of 5 stars
$2,399.98
-1.3%
$2,817.22
+17.4%
+22.7%$121.80B$20.78B59.3318,282Positive News
PYPL
PayPal
4.6641 of 5 stars
$69.30
-0.9%
$85.00
+22.7%
-4.1%$66.21B$32.29B14.8124,400Trending News
Gap Down
ROKU
Roku
2.3661 of 5 stars
$94.04
-0.2%
$98.96
+5.2%
+41.1%$13.85B$4.39B-223.903,340
PINS
Pinterest
4.1516 of 5 stars
$35.47
-0.4%
$42.40
+19.5%
+17.6%$24.09B$3.91B12.704,666Positive News
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Insider Trade

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This page (NYSE:SHOP) was last updated on 8/30/2025 by MarketBeat.com Staff
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