TSE:SHOP

Shopify (SHOP) Stock Forecast, Price & News

C$77.67

-1.47 (-1.86%)

(As of 05:18 PM ET)

Compare

Today's Range: C$77.21
▼
C$80.46
50-Day Range: C$60.25
▼
C$86.13
52-Week Range: C$33.00
▼
C$87.53

Volume: 4.21 million shs
Average Volume: 4.02 million shs
Market Capitalization: C$93.20 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Profile Chart Competitors Insider Trades Headlines Options Chain Social Media

About Shopify (TSE:SHOP) Stock

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, 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 fulfillment, 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.

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.

SHOP Stock News Headlines

May 31, 2023 | benzinga.com

Shopify Unusual Options Activity For May 31

May 30, 2023 | finance.yahoo.com

Samfiru Tumarkin LLP launches $130M class action against Shopify for breach of contract on severance pay

May 31, 2023 | MarketBeat Internal (Ad)

Get MarketBeat All Access Free for 30 Days

MarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Try it free for 30 days.

May 30, 2023 | finance.yahoo.com

Beat the Market the Zacks Way: Shopify, Meta, Microsoft in Focus

May 27, 2023 | thetimes.co.uk

Superdry calls on Shopify in cost-cutting drive

May 26, 2023 | ca.finance.yahoo.com

Shopify Stock or Constellation Software: What’s the Better Buy?

May 25, 2023 | finance.yahoo.com

Why Is Everyone Talking About Shopify Stock?

May 24, 2023 | theglobeandmail.com

Shopify launches new point-of-sale hardware in Canada amid crowded payments sector

May 31, 2023 | Legacy Research (Affiliate) (Ad)

Sell every Stock except ONE

Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...

May 23, 2023 | benzinga.com

Shopify Unusual Options Activity For May 23

May 23, 2023 | finance.yahoo.com

DRINKS Migrates DTC Wine Pioneer Wine Insiders to Shopify Plus

May 19, 2023 | fool.ca

If You Had Invested $10,000 in Shopify at its IPO, Here’s How Much You’d Have Today

May 19, 2023 | businessinsider.com

Shopify is reopening its offices for in-person work for the first time since the beginning of the pandemic

May 18, 2023 | finance.yahoo.com

How Shopify Is Using AI to Help Its Merchants

May 17, 2023 | theglobeandmail.com

Closing Bell: Shopify Inc up on Wednesday (SHOP)

May 17, 2023 | businessinsider.com

Flexport's acquisition of Shopify Logistics sends the company on a search for growth through uncharted territory

May 16, 2023 | msn.com

Entrepreneurs Are Driving the Most Economic Growth In These 10 U.S. States, According to Shopify Internal Data

May 16, 2023 | forbes.com

Who’s On Top Of The New Shopify Entrepreneurship Rankings?

May 15, 2023 | finance.yahoo.com

Soft Surroundings Announces Key New Executive Hires + Shopify POS Implementation

May 15, 2023 | msn.com

Shopify (NYSE:SHOP) Stock: Insiders on a Selling Spree

May 11, 2023 | finance.yahoo.com

3 Top E-Commerce Stocks to Buy in May

May 10, 2023 | finance.yahoo.com

Brokrete Rebrands to Tough Commerce, Adds $2M CAD in Funding and Announces Former Shopify Leader as Investor & Board Member

May 10, 2023 | 247wallst.com

Wednesday's Top Analyst Upgrades and Downgrades: Boeing, Palantir, PayPal, Shopify, Walmart and More

May 10, 2023 | finance.yahoo.com

As Shopify Drops Its Logistics Business, Amazon Could Be Poised to Strike

May 9, 2023 | finance.yahoo.com

Shopify Stock Downgraded by Analyst After Big Rise

May 7, 2023 | americanbankingnews.com

Shopify (TSE:SHOP) Sets New 52-Week High Following Analyst Upgrade

May 6, 2023 | finance.yahoo.com

The Real Reason Shopify Stock Exploded Higher After Earnings

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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

Stock Exchange: TSE
Industry: Software - Application
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: TSE:SHOP
CUSIP: N/A
CIK: N/A
Web: www.shopify.com
Phone: +1-613-2412828
Fax: N/A
Employees: 10,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): C($2.05)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 1,296.00
P/E Growth: 48.62
Net Income: C$-1,920,000,000.00
Net Margins: -32.49%
Pretax Margin: N/A
Return on Equity: -21.03%
Return on Assets: -3.01%

Debt

Debt-to-Equity Ratio: 16.54
Current Ratio: 6.71
Quick Ratio: 5.74

Sales & Book Value

Annual Sales: C$5.90 billion
Price / Sales: 15.82
Cash Flow: C$5.75 per share
Price / Cash Flow: 13.52
Book Value: C$6.61 per share
Price / Book: 11.76

Miscellaneous

Outstanding Shares: 1,200,000,000
Free Float: N/A
Market Cap: C$93.31 billion
Optionable: Optionable
Beta: 2.04

Key Executives

Mr. Tobias Lütke (Age 41)
Founder, Chairman & CEO
Comp: $1

Mr. Harley Finkelstein (Age 39)
Pres
Comp: $473.28k

Mr. Allan Leinwand (Age 55)
Chief Technology Officer
Comp: $212.5k

Mr. Toby Shannan (Age 52)
Special Advisor
Comp: $512.72k

Mr. Jeff J. Hoffmeister CPA
Chief Financial Officer

Mr. Kaz Nejatian
VP of Product & COO

Katie Keita
Sr. Director of Investor Relations

Ms. Jessica R. Hertz
Gen. Counsel & Corp. Sec.

Ms. Brittany Forsyth (Age 35)
Chief Talent Officer

Ms. Bharati Balakrishnan
Country Head & Director- India

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

SHOP Stock - Frequently Asked Questions

How have SHOP shares performed in 2023?: Shopify's stock was trading at C$47.01 at the start of the year. Since then, SHOP shares have increased by 65.4% and is now trading at C$77.76.
View the best growth stocks for 2023 here.
What other stocks do shareholders of Shopify own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Shopify investors own include NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), Block (SQ), Micron Technology (MU), Alibaba Group (BABA), Costco Wholesale (COST), Zoom Video Communications (ZM) and Mastercard (MA).
What is Shopify's stock symbol?: Shopify trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SHOP."
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 is Shopify's stock price today?: One share of SHOP stock can currently be purchased for approximately C$77.76.
How much money does Shopify make?: Shopify (TSE:SHOP) has a market capitalization of C$93.31 billion and generates C$5.90 billion in revenue each year. The company earns C$-1,920,000,000.00 in net income (profit) each year or C($2.05) on an earnings per share basis.
How many employees does Shopify have?: The company employs 10,000 workers across the globe.
How can I contact Shopify?: Shopify's mailing address is 150 Elgin Street, 8Th Floor, OTTAWA, ON K2P 1L4, Canada. The official website for the company is www.shopify.com. The company can be reached via phone at +1-613-2412828.

This page (TSE:SHOP) was last updated on 5/31/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial