Shopify (SHOP) Stock Price, News & Analysis

Company Overview

Shopify provides essential internet infrastructure for commerce. Shopify's all-in-one platform makes it easier to start, run, and grow a business, powering sales online, in-store, and everywhere in between. Millions of businesses in 175+ countries use Shopify-from entrepreneurs to brands like Aldo, BarkBox, Carrier, Meta, Vuori, SKIMS, and Supreme.

Key Stats

• Today's Range: C$233.43 to C$252.95
• 50-Day Range: C$175.13 to C$251.04
• 52-Week Range: C$129.01 to C$255.95
• Volume: 2.65 million shs
• Average Volume: 2.06 million shs
• Market Capitalization: C$324.92 billion
• P/E Ratio: 170.63
• Dividend Yield: N/A
• Price Target: C$198.00
• Consensus Rating: Moderate Buy

Shopify Stock Analysis - MarketRank™

Shopify scored higher than 18% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Shopify has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 3 buy ratings, 1 hold rating, and no sell ratings.

Downside Risk

Shopify has a consensus price target of C$198.00, representing about 20.9% downside from its current price of C$250.22.

Amount of Analyst Coverage

Shopify has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Shopify is 169.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 38.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shopify is 169.07, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 78.18.

Price to Earnings Growth Ratio

Shopify has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Shopify has a P/B Ratio of 25.55. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SHOP.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Shopify does not currently pay a dividend.

Dividend Growth

Shopify does not have a long track record of dividend growth.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: 0.49

News Sentiment

Shopify has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Shopify this week, compared to 4 articles on an average week.

Search Interest

Only 55 people have searched for SHOP on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Shopify insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.18% of the stock of Shopify is held by insiders.

Percentage Held by Institutions

55.14% of the stock of Shopify is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Technology
• Industry: IT Services
• Sub-Industry: Internet Services & Infrastructure
• Current Symbol: TSE:SHOP
• CIK: N/A
• Web: www.shopify.com
• Phone: +1-613-2412828
• Fax: N/A
• Employees: 7,600
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Shopify: C$198.00
• High Price Target: C$260.00
• Low Price Target: C$159.00
• Potential Upside/Downside: -21.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): C$1.48
• Trailing P/E Ratio: 170.63
• Forward P/E Ratio: 131.14
• P/E Growth: 0.87
• Net Income: C$1.44 billion
• Net Margins: 14.68%
• Pretax Margin: N/A
• Return on Equity: 15.24%
• Return on Assets: 5.63%

Debt

• Debt-to-Equity Ratio: 1.40
• Current Ratio: 5.35
• Quick Ratio: 5.74

Sales & Book Value

• Annual Sales: C$13.27 billion
• Price / Sales: 24.49
• Cash Flow: C$18.68 per share
• Price / Cash Flow: 13.52
• Book Value: C$9.79 per share
• Price / Book: 25.79

Miscellaneous

• Outstanding Shares: 1,286,644,000
• Free Float: N/A
• Market Cap: C$324.92 billion
• Optionable: Not Optionable
• Beta: 2.16