Shopify (SHOP) Competitors

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$128.51 +0.86 (+0.68%)
As of 03:47 PM Eastern
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SHOP vs. SAP, PLTR, APP, CRWD, INFY, TEAM, NTES, SNOW, TTD, and NET

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

Shopify vs.

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

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
SAP$36.99B9.75$3.38B$2.87102.31
Shopify$7.06B23.36$132M$1.07119.30

Shopify has a net margin of 16.84% 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
SAP9.17% 12.18% 7.32%
Shopify 16.84%11.60%9.37%

In the previous week, Shopify had 108 more articles in the media than SAP. MarketBeat recorded 137 mentions for Shopify and 29 mentions for SAP. Shopify's average media sentiment score of 0.78 beat SAP's score of 0.76 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SAP
13 Very Positive mention(s)
7 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
60 Very Positive mention(s)
13 Positive mention(s)
30 Neutral mention(s)
5 Negative mention(s)
1 Very Negative mention(s)
Positive

SAP has a beta of 1.23, meaning that its share price is 23% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.47, meaning that its share price is 147% more volatile than the S&P 500.

Shopify received 644 more outperform votes than SAP when rated by MarketBeat users. Likewise, 66.42% of users gave Shopify an outperform vote while only 66.21% of users gave SAP an outperform vote.

CompanyUnderperformOutperform
SAPOutperform Votes
770
66.21%
Underperform Votes
393
33.79%
ShopifyOutperform Votes
1414
66.42%
Underperform Votes
715
33.58%

SAP presently has a consensus price target of $248.83, suggesting a potential downside of 15.26%. Shopify has a consensus price target of $126.21, suggesting a potential downside of 1.13%. Given Shopify's higher possible upside, analysts plainly believe Shopify is more favorable than SAP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SAP
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
3.00
Shopify
1 Sell rating(s)
13 Hold rating(s)
24 Buy rating(s)
1 Strong Buy rating(s)
2.64

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 endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Shopify beats SAP on 13 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$153.22B$26.00B$26.67B$20.42B
Dividend YieldN/A1.93%2.78%3.67%
P/E Ratio119.3066.5533.7237.28
Price / Sales23.3613.822,814.1016.19
Price / Cash384.9494.7436.8120.34
Price / Book18.1113.288.195.78
Net Income$132M$425.87M$671.16M$1.00B
7 Day Performance8.79%4.04%2.20%0.62%
1 Month Performance25.78%13.94%6.66%3.46%
1 Year Performance58.25%32.29%24.92%17.48%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.2087 of 5 stars
$128.51
+0.7%
$126.21
-1.8%
+65.4%$166.06B$7.06B120.118,300Earnings Report
Analyst Forecast
Options Volume
Analyst Revision
SAP
SAP
3.0846 of 5 stars
$280.94
+0.5%
$248.83
-11.4%
+68.7%$345.00B$36.99B97.85107,602
PLTR
Palantir Technologies
2.757 of 5 stars
$115.11
+3.8%
$69.44
-39.7%
+390.9%$262.45B$2.87B606.413,735Insider Trade
Positive News
APP
AppLovin
2.8629 of 5 stars
$386.52
+2.9%
$366.29
-5.2%
+929.2%$129.72B$2.63B117.131,745Earnings Report
Analyst Forecast
Short Interest ↑
News Coverage
CRWD
CrowdStrike
4.4949 of 5 stars
$428.87
+1.7%
$370.00
-13.7%
+40.7%$105.68B$3.06B841.307,925Analyst Forecast
Insider Trade
Positive News
INFY
Infosys
1.4937 of 5 stars
$21.81
-0.1%
$20.22
-7.3%
+9.4%$90.31B$18.56B27.60317,240Short Interest ↑
TEAM
Atlassian
4.3901 of 5 stars
$324.75
+3.3%
$319.71
-1.6%
+50.4%$84.96B$4.79B-241.9912,157Analyst Downgrade
Insider Trade
NTES
NetEase
3.9211 of 5 stars
$105.09
+0.9%
$108.71
+3.4%
+0.2%$67.54B$14.57B17.7729,128Upcoming Earnings
Analyst Forecast
News Coverage
Positive News
SNOW
Snowflake
4.2942 of 5 stars
$186.83
+1.5%
$187.06
+0.1%
-15.3%$61.66B$2.81B-55.107,004Analyst Forecast
TTD
Trade Desk
4.2795 of 5 stars
$123.48
+5.3%
$133.20
+7.9%
+12.3%$60.91B$2.31B202.303,115Earnings Report
Analyst Forecast
Buyback Announcement
News Coverage
NET
Cloudflare
4.3453 of 5 stars
$173.57
+4.1%
$133.28
-23.2%
+76.4%$59.54B$1.67B-788.533,682Analyst Downgrade

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This page (NYSE:SHOP) was last updated on 2/14/2025 by MarketBeat.com Staff
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