Free Trial
TSE:SHOP

Shopify (SHOP) Stock Price, News & Analysis

C$86.76
+0.20 (+0.23%)
(As of 07/19/2024 ET)
Today's Range
C$85.78
C$88.07
50-Day Range
C$77.85
C$95.32
52-Week Range
C$63.16
C$123.20
Volume
2.95 million shs
Average Volume
2.68 million shs
Market Capitalization
C$104.98 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$89.25

Shopify MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
2.9% Upside
C$89.25 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.59mentions of Shopify in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$761,992 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.14 out of 5 stars

SHOP stock logo

About Shopify Stock (TSE:SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

SHOP Stock Price History

SHOP Stock News Headlines

Exposed: 3 CENT Crypto to Explode June 24th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Is Shopify a Millionaire-Maker?
Exposed: 3 CENT Crypto to Explode June 24th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Why Shopify Stock Fell Hard This Week
See More Headlines
Receive SHOP Stock News and Ratings via Email

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

Industry, Sector and Symbol

Industry
Software - Application
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
8,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$89.25
High Stock Price Target
C$105.00
Low Stock Price Target
C$62.00
Potential Upside/Downside
+2.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
C$-209,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$7.41 billion
Cash Flow
C$6.42 per share
Book Value
C$6.90 per share

Miscellaneous

Outstanding Shares
1,210,000,000
Free Float
N/A
Market Cap
C$104.98 billion
Optionable
Not Optionable
Beta
2.20
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for July 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Mr. Tobias Lütke (Age 43)
    Founder, Chairman, CEO and Head of R&D
    Comp: $1
  • Mr. Harley Finkelstein (Age 41)
    President
    Comp: $986.47k
  • Mr. Jeff J. Hoffmeister CPA
    Chief Financial Officer
  • Mr. Kasra Nejatian
    VP of Product & COO
  • Ms. Jessica R. Hertz
    General Counsel & Corporate Secretary
  • Carrie Gillard
    Director of Investor Relations
  • Ms. Bharati Balakrishnan
    Country Head & Director- India
  • Mr. Loren Padelford (Age 46)
    GM & VP of Shopify Plus
  • Mr. Arpan Podduturi
    Director of Product
  • Mr. Thomas Epting
    Director of Product for Shopify Fulfillment Network

SHOP Stock Analysis - Frequently Asked Questions

How have SHOP shares performed this year?

Shopify's stock was trading at C$103.16 at the beginning of 2024. Since then, SHOP stock has decreased by 15.9% and is now trading at C$86.76.
View the best growth stocks for 2024 here
.

How do I buy shares of Shopify?

Shares of SHOP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Shopify own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shopify investors own include NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), Block (SQ), Micron Technology (MU) and Alibaba Group (BABA).

This page (TSE:SHOP) was last updated on 7/19/2024 by MarketBeat.com Staff

From Our Partners