Shopify Stock Forecast, Price & News

Shopify (TSE:SHOP) Frequently Asked Questions

Is Shopify a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Shopify stock.
View analyst ratings for Shopify or view top-rated stocks.

What stocks does MarketBeat like better than Shopify?

Wall Street analysts have given Shopify a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Shopify wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Shopify's next earnings date?

Shopify is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Shopify.

How has Shopify's stock price been impacted by Coronavirus?

Shopify's stock was trading at C$580.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SHOP shares have increased by 214.8% and is now trading at C$1,828.29.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for SHOP?

4 brokerages have issued twelve-month price targets for Shopify's shares. Their forecasts range from C$2,000.00 to C$2,500.00. On average, they anticipate Shopify's stock price to reach C$2,298.60 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts' price targets for Shopify or view top-rated stocks among Wall Street analysts.

Who are Shopify's key executives?

Shopify's management team includes the following people:

• Mr. Tobias Lütke, Founder, Chairman & CEO (Age 40, Pay $104.72k)
• Mr. Harley Michael Finkelstein, Pres (Age 38, Pay $471.24k)
• Ms. Amy E. Shapero, Chief Financial Officer (Age 58, Pay $589.05k)
• Mr. Toby Shannan, Chief Operating Officer (Age 51, Pay $1.46M)
• Mr. Jean-Michel Lemieux, Chief Technology Officer (Age 48, Pay $549.78k)
• Katie Keita, Sr. Director of Investor Relations
• Mr. Joseph A. Frasca, Chief Legal Officer & Sec. (Age 47)
• Ms. Brittany Forsyth, Chief Talent Officer (Age 34)
• Mr. Loren Padelford, GM & VP of Shopify Plus
• Mr. Arpan Podduturi, Director of Product

Who are some of Shopify's key competitors?

Some companies that are related to Shopify include SAP (SAP), Constellation Software (CSU), Lightspeed POS (LSPD), Open Text (OTEX), AVEVA Group (AVV), Nemetschek (NEM), The Descartes Systems Group (DSG), The Sage Group (SGE), Avast (AVST), Kinaxis (KXS), First Trust Global Funds Plc - First Trust Nyse Arca Biotechnology Index Ucits ETF (FBT), Rocket Internet (RKET), Enghouse Systems (ENGH), Sophos Group plc (SOPH.L) (SOPH) and Kainos Group (KNOS).
View all of SHOP's competitors.

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), The Walt Disney (DIS), Square (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 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$1,828.29.

How much money does Shopify make?

Shopify has a market capitalization of C$228.15 billion and generates C$3.85 billion in revenue each year.

How many employees does Shopify have?

Shopify employs 7,000 workers across the globe.

What is Shopify's official website?

The official website for Shopify is www.shopify.com.

Where are Shopify's headquarters?

Shopify is headquartered at 150 Elgin Street, 8Th Floor, OTTAWA, ON K2P 1L4, Canada.

How can I contact Shopify?

Shopify's mailing address is 150 Elgin Street, 8Th Floor, OTTAWA, ON K2P 1L4, Canada. The company can be reached via phone at +1-613-2412828.