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DOW   31,496.30
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
pixel
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S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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TSE:SHOP

Shopify Stock Forecast, Price & News

C$1,431.80
-24.19 (-1.66 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
C$1,296.43
Now: C$1,431.80
C$1,459.51
50-Day Range
C$1,394.29
MA: C$1,621.75
C$1,858.01
52-Week Range
C$435.03
Now: C$1,431.80
C$1,900.58
Volume471,566 shs
Average Volume212,744 shs
Market CapitalizationC$175.71 billion
P/E Ratio552.82
Dividend YieldN/A
BetaN/A
Shopify Inc., a commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, 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, fulfill and ship orders, build customer relationships, source products, 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.

Headlines

3 Stocks You'll Want to Buy in the Tech Sell-Off
March 6, 2021 |  finance.yahoo.com
Why Shopify Is On My Watch List - Baystreet.ca
March 4, 2021 |  baystreet.ca
Why Shopify Shares Were Sliding Today
March 3, 2021 |  finance.yahoo.com
Why Shopify Stock Dropped Today - Motley Fool
February 23, 2021 |  fool.com
See More Headlines

Industry, Sector and Symbol

Industry Software - Application
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-613-2412828
Employees5,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$2.93 billion
Cash FlowC$48.35 per share
Book ValueC$52.24 per share

Profitability

Miscellaneous

Market CapC$175.71 billion
Next Earnings DateN/A
OptionableOptionable

MarketRank

Overall MarketRank

1.20 out of 5 stars

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -
C$1,431.80
-24.19 (-1.66 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Shopify (TSE:SHOP) Frequently Asked Questions

Is Shopify a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Shopify wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SHOP stock has increased by 146.5% and is now trading at C$1,431.80.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for SHOP?

4 equities research analysts have issued 1 year target prices for Shopify's shares. Their forecasts range from C$1,540.00 to C$2,250.00. On average, they anticipate Shopify's share price to reach C$1,835.00 in the next twelve months. This suggests a possible upside of 28.2% 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 $615.92k)
  • Ms. Amy E. Shapero, Chief Financial Officer (Age 58, Pay $538.93k)
  • Mr. Harley Michael Finkelstein, Chief Operating Officer (Age 38, Pay $423.44k)
  • Mr. Craig Stuart Miller, Chief Product Officer (Age 38, Pay $423.44k)
  • Ms. Brittany Forsyth, Chief Talent Officer (Age 34, Pay $307.96k)
  • Mr. Jean-Michel Lemieux, Chief Technology Officer (Age 48)
  • Katie Keita, Sr. Director of Investor Relations
  • Mr. Joseph A. Frasca, Sr. VP, Chief Legal Officer & Sec. (Age 47)
  • Darrell Etherington, PR Mang.
  • Mr. Jeffrey Weiser, Chief Marketing Officer (Age 44)

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), 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$1,431.80.

How much money does Shopify make?

Shopify has a market capitalization of C$175.71 billion and generates C$2.93 billion in revenue each year.

How many employees does Shopify have?

Shopify employs 5,000 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.


This page was last updated on 3/7/2021 by MarketBeat.com Staff

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