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Shopify (SHOP) Competitors

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$97.96 +2.96 (+3.12%)
As of 03:21 PM Eastern
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SHOP vs. SAP, PLTR, CRWD, APP, INFY, NTES, TEAM, SNOW, RBLX, and NET

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include SAP (SAP), Palantir Technologies (PLTR), CrowdStrike (CRWD), AppLovin (APP), Infosys (INFY), NetEase (NTES), Atlassian (TEAM), Snowflake (SNOW), Roblox (RBLX), and Cloudflare (NET). These companies are all part of the "computer software" industry.

Shopify vs.

Shopify (NYSE:SHOP) and SAP (NYSE:SAP) are both large-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, media sentiment, community ranking, dividends, earnings, risk, analyst recommendations, valuation and institutional ownership.

Shopify currently has a consensus target price of $118.14, suggesting a potential upside of 24.36%. SAP has a consensus target price of $264.00, suggesting a potential downside of 9.62%. Given Shopify's higher probable upside, analysts plainly believe Shopify is more favorable than SAP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shopify
1 Sell rating(s)
14 Hold rating(s)
25 Buy rating(s)
1 Strong Buy rating(s)
2.63
SAP
0 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
3.00

Shopify has a net margin of 22.74% compared to SAP's net margin of 9.17%. SAP's return on equity of 12.18% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
Shopify22.74% 12.00% 9.79%
SAP 9.17%12.18%7.32%

Shopify received 650 more outperform votes than SAP when rated by MarketBeat users. Likewise, 66.39% of users gave Shopify an outperform vote while only 66.32% of users gave SAP an outperform vote.

CompanyUnderperformOutperform
ShopifyOutperform Votes
1424
66.39%
Underperform Votes
721
33.61%
SAPOutperform Votes
774
66.32%
Underperform Votes
393
33.68%

Shopify has a beta of 2.82, suggesting that its stock price is 182% more volatile than the S&P 500. Comparatively, SAP has a beta of 1.28, suggesting that its stock price is 28% more volatile than the S&P 500.

69.3% of Shopify shares are held by institutional investors. 7.4% of SAP shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

SAP has higher revenue and earnings than Shopify. SAP 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
Shopify$8.88B13.85$2.02B$1.5561.29
SAP$35.15B10.21$3.38B$5.2255.96

In the previous week, Shopify had 18 more articles in the media than SAP. MarketBeat recorded 45 mentions for Shopify and 27 mentions for SAP. SAP's average media sentiment score of 0.88 beat Shopify's score of 0.77 indicating that SAP is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shopify
25 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Positive
SAP
15 Very Positive mention(s)
6 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Shopify beats SAP on 11 of the 19 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 {thisCompany.Symbol} 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$123.01B$23.95B$23.05B$18.97B
Dividend YieldN/A1.94%2.97%4.03%
P/E Ratio61.29114.1542.1732.71
Price / Sales13.8517.712,085.3727.84
Price / Cash125.5686.0634.7217.53
Price / Book10.648.556.144.47
Net Income$2.02B$440.05M$738.82M$1.02B
7 Day Performance-0.13%1.38%1.32%0.50%
1 Month Performance-2.70%2.65%1.65%-2.83%
1 Year Performance34.98%13.97%52,744.85%4.36%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
3.9445 of 5 stars
$97.95
+3.1%
$118.14
+20.6%
+35.4%$126.83B$8.88B63.1911,600Upcoming Earnings
Analyst Forecast
Short Interest ↑
Analyst Revision
Gap Up
SAP
SAP
2.1853 of 5 stars
$284.02
+2.2%
$254.67
-10.3%
+61.2%$348.82B$34.18B98.93112,000Analyst Forecast
Short Interest ↓
PLTR
Palantir Technologies
1.3848 of 5 stars
$113.05
+0.2%
$74.71
-33.9%
+439.1%$264.70B$2.87B594.043,936Upcoming Earnings
Analyst Forecast
CRWD
CrowdStrike
4.2118 of 5 stars
$420.38
-1.1%
$400.76
-4.7%
+46.6%$104.20B$3.95B824.304,960Insider Trade
APP
AppLovin
3.9772 of 5 stars
$281.81
+1.8%
$414.05
+46.9%
+281.6%$95.73B$4.71B62.031,710Upcoming Earnings
Gap Up
INFY
Infosys
2.6903 of 5 stars
$17.25
-0.9%
$17.48
+1.3%
+5.3%$71.35B$19.28B21.80339,500
NTES
NetEase
3.6733 of 5 stars
$105.14
-0.7%
$112.67
+7.2%
+14.5%$67.51B$105.30B16.5032,100Positive News
TEAM
Atlassian
4.7063 of 5 stars
$229.42
+0.3%
$301.90
+31.6%
+32.5%$60.10B$4.79B-171.198,810Insider Trade
Short Interest ↑
Positive News
SNOW
Snowflake
4.4872 of 5 stars
$158.28
-0.1%
$200.27
+26.5%
+2.8%$52.20B$3.63B-46.653,990Insider Trade
Positive News
Gap Up
RBLX
Roblox
3.0515 of 5 stars
$66.18
-0.6%
$64.50
-2.5%
+88.4%$41.56B$3.60B-45.602,130Earnings Report
Options Volume
Analyst Revision
Positive News
NET
Cloudflare
3.6454 of 5 stars
$119.89
-0.9%
$134.84
+12.5%
+38.4%$41.33B$1.67B-544.443,220Upcoming Earnings
Insider Trade
Gap Up

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This page (NYSE:SHOP) was last updated on 5/1/2025 by MarketBeat.com Staff
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