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Shopify (SHOP) Competitors

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C$147.55 -5.03 (-3.30%)
As of 06/9/2025 04:00 PM Eastern

SHOP vs. CSU, SAP, VDY, DH, BB, LSPD, DV, PD, ABST, and DCBO

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include Constellation Software (CSU), Saputo (SAP), Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY), DH (DH), BlackBerry (BB), Lightspeed Commerce (LSPD), Dolly Varden Silver (DV), Precision Drilling (PD), Absolute Software (ABST), and Docebo (DCBO). These companies are all part of the "computer software" industry.

Shopify vs.

Constellation Software (TSE:CSU) and Shopify (TSE:SHOP) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, community ranking, media sentiment, institutional ownership, dividends, valuation and risk.

Shopify has a net margin of 22.74% compared to Constellation Software's net margin of 6.57%. Constellation Software's return on equity of 27.34% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
Constellation Software6.57% 27.34% 7.87%
Shopify 22.74%20.32%5.63%

Constellation Software received 432 more outperform votes than Shopify when rated by MarketBeat users. However, 64.40% of users gave Shopify an outperform vote while only 63.31% of users gave Constellation Software an outperform vote.

CompanyUnderperformOutperform
Constellation SoftwareOutperform Votes
678
63.31%
Underperform Votes
393
36.69%
ShopifyOutperform Votes
246
64.40%
Underperform Votes
136
35.60%

Constellation Software has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500. Comparatively, Shopify has a beta of 2.36, meaning that its stock price is 136% more volatile than the S&P 500.

Shopify has lower revenue, but higher earnings than Constellation Software. Shopify is trading at a lower price-to-earnings ratio than Constellation Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Constellation SoftwareC$6.91B10.68C$453.54MC$42.09115.98
ShopifyC$6.35B21.62C$1.44BC$2.2166.80

In the previous week, Shopify had 11 more articles in the media than Constellation Software. MarketBeat recorded 12 mentions for Shopify and 1 mentions for Constellation Software. Constellation Software's average media sentiment score of 0.34 beat Shopify's score of 0.14 indicating that Constellation Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Constellation Software
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Shopify
7 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

42.0% of Constellation Software shares are held by institutional investors. Comparatively, 70.3% of Shopify shares are held by institutional investors. 5.7% of Constellation Software shares are held by insiders. Comparatively, 0.2% of Shopify shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Constellation Software presently has a consensus target price of C$4,693.67, suggesting a potential downside of 3.84%. Shopify has a consensus target price of C$136.67, suggesting a potential downside of 7.38%. Given Constellation Software's stronger consensus rating and higher probable upside, analysts plainly believe Constellation Software is more favorable than Shopify.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Constellation Software
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.00
Shopify
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Summary

Constellation Software beats Shopify on 12 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SHOP vs. The Competition

MetricShopifySoftware IndustryComputer SectorTSE Exchange
Market CapC$137.41BC$5.50BC$26.13BC$6.04B
Dividend YieldN/A3.20%2.86%6.33%
P/E Ratio66.8028.4745.4531.94
Price / Sales21.62285.921,995.081,031.70
Price / Cash13.5216.7434.7783.58
Price / Book16.6110.137.104.14
Net IncomeC$1.44BC$65.25MC$742.16MC$301.75M
7 Day Performance2.37%1.12%3.00%1.49%
1 Month Performance15.29%3.45%7.31%6.31%
1 Year Performance69.95%8.53%52,402.69%21.81%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
1.0836 of 5 stars
C$147.55
-3.3%
C$136.67
-7.4%
+74.1%C$137.41BC$6.35B66.8011,600
CSU
Constellation Software
0.5187 of 5 stars
C$4,960.00
-0.3%
C$4,693.67
-5.4%
+27.1%C$74.95BC$6.91B117.8545,000
SAP
Saputo
1.6846 of 5 stars
C$26.81
+1.4%
C$31.00
+15.6%
-11.0%C$11.30BC$18.74B-71.78112,000News Coverage
Analyst Forecast
VDY
Vanguard FTSE Canadian High Dividend Yield Index ETF
N/AC$51.31
+0.1%
N/A+16.6%C$3.53BN/A0.00790
DH
DH
N/AN/AN/AN/AC$2.72BN/A0.00970Gap Up
BB
BlackBerry
1.4655 of 5 stars
C$5.54
+1.8%
C$4.75
-14.3%
+56.1%C$2.29BC$424.99M-17.853,320
LSPD
Lightspeed Commerce
0.8555 of 5 stars
C$14.66
+2.2%
C$18.30
+24.8%
-21.3%C$1.59BC$740.40M-13.031,800News Coverage
Positive News
DV
Dolly Varden Silver
0.2927 of 5 stars
C$4.02
+0.2%
C$1.60
-60.2%
+331.3%C$1.24BN/A-51.57800High Trading Volume
PD
Precision Drilling
3.5653 of 5 stars
C$60.46
+1.9%
C$98.33
+62.6%
-27.4%C$860.35MC$1.95B3.56950
ABST
Absolute Software
N/AN/AN/AN/AC$807.42MC$222.06M-23.03740
DCBO
Docebo
1.5404 of 5 stars
C$36.83
-1.8%
C$60.67
+64.7%
-26.5%C$787.00MC$147.27M43.78730Positive News

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This page (TSE:SHOP) was last updated on 6/10/2025 by MarketBeat.com Staff
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