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TSE:SHOPShopify Stock Price, Forecast & News

C$1,030.23
-14.74 (-1.41 %)
(As of 06/2/2020 06:00 AM ET)
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Today's Range
C$1,011.73
Now: C$1,030.23
C$1,035.60
50-Day Range
C$584.72
MA: C$948.21
C$1,187.98
52-Week Range
C$352.63
Now: C$1,030.23
C$1,206.08
Volume103,777 shs
Average Volume355,578 shs
Market CapitalizationC$110.76 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Shopify Inc. provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in the United States, the United Kingdom, Canada, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, ship orders, build customer relationships, leverage analytics and reporting, and access financing. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.75 out of 5 stars


Industry, Sector and Symbol

Industry Software - Application
Sub-IndustryN/A
SectorComputer and Technology
CUSIPN/A
CIKN/A
Phone+1-613-2412828

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$1.73 billion
Cash FlowC$20.13 per share
Book ValueC$25.94 per share

Profitability

Miscellaneous

Employees4,000
Market CapC$110.76 billion
Next Earnings DateN/A
OptionableOptionable

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Shopify (TSE:SHOP) Frequently Asked Questions

How has Shopify's stock been impacted by COVID-19 (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 stock has increased by 77.4% and is now trading at C$1,030.23. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Shopify?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Shopify.

What price target have analysts set for SHOP?

3 equities research analysts have issued 1-year price objectives for Shopify's stock. Their forecasts range from C$300.00 to C$830.00. On average, they anticipate Shopify's stock price to reach C$535.00 in the next year. This suggests that the stock has a possible downside of 48.1%. View analysts' price targets for Shopify.

Has Shopify been receiving favorable news coverage?

News headlines about SHOP stock have trended very positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shopify earned a news sentiment score of 3.5 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutShopify.

Who are some of Shopify's key 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), Netflix (NFLX), Tesla (TSLA), Walt Disney (DIS), Square (SQ), Micron Technology (MU), Alibaba Group (BABA), Aurora Cannabis (ACB), Dollarama (DOL) and Mastercard (MA).

Who are Shopify's key executives?

Shopify's management team includes the following people:
  • Mr. Tobias Lütke, Founder, Chairman & CEO (Age 38)
  • Mr. Harley Michael Finkelstein, Chief Operating Officer (Age 36)
  • Mr. Craig Stuart Miller, Chief Product Officer (Age 36)
  • Mr. Jean-Michel Lemieux, Sr. VP of Engineering (Age 46)
  • Ms. Amy E. Shapero, Chief Financial Officer (Age 56)

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 online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Shopify's stock price today?

One share of SHOP stock can currently be purchased for approximately C$1,030.23.

How big of a company is Shopify?

Shopify has a market capitalization of C$110.76 billion and generates C$1.73 billion in revenue each year. Shopify employs 4,000 workers across the globe.

What is Shopify's official website?

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

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.

This page was last updated on 6/2/2020 by MarketBeat.com Staff

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