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PYPL   63.96 (+1.44%)
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TSE:SHOP

Shopify (SHOP) Stock Forecast, Price & News

C$78.25
+0.37 (+0.48%)
(As of 06/2/2023 ET)
Compare
Today's Range
C$77.80
C$80.20
50-Day Range
C$60.25
C$86.13
52-Week Range
C$33.00
C$87.53
Volume
2.75 million shs
Average Volume
4.00 million shs
Market Capitalization
C$93.90 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

SHOP stock logo

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.

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SHOP Stock News Headlines

Shopify Unusual Options Activity For May 31
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Why Is Everyone Talking About Shopify Stock?
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Shopify Unusual Options Activity For May 23
How Shopify Is Using AI to Help Its Merchants
Closing Bell: Shopify Inc up on Wednesday (SHOP)
3 Top E-Commerce Stocks to Buy in May
See More Headlines

SHOP Price History

Industry, Sector and Symbol

Industry
Software - Application
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
10,000
Year Founded
N/A

Profitability

Net Income
C$-1,920,000,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.90 billion
Cash Flow
C$5.79 per share
Book Value
C$6.61 per share

Miscellaneous

Outstanding Shares
1,200,000,000
Free Float
N/A
Market Cap
C$93.90 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













SHOP Stock - Frequently Asked Questions

How have SHOP shares performed in 2023?

Shopify's stock was trading at C$47.01 at the beginning of the year. Since then, SHOP stock has increased by 66.5% and is now trading at C$78.25.
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$78.25.

How much money does Shopify make?

Shopify (TSE:SHOP) has a market capitalization of C$93.90 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 6/2/2023 by MarketBeat.com Staff

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