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Shopify (SHOP) Competitors

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C$191.71 -2.27 (-1.17%)
As of 04:00 PM Eastern

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

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), Docebo (DCBO), and Absolute Software (ABST). These companies are all part of the "computer software" industry.

Shopify vs. Its Competitors

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

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$10.74B9.01C$453.54MC$30.24151.08
ShopifyC$10.01B24.88C$1.44BC$1.80106.51

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%

In the previous week, Shopify had 2 more articles in the media than Constellation Software. MarketBeat recorded 4 mentions for Shopify and 2 mentions for Constellation Software. Constellation Software's average media sentiment score of 0.51 beat Shopify's score of 0.23 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
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
0 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Constellation Software has a beta of 0.897608, meaning that its share price is 10% less volatile than the S&P 500. Comparatively, Shopify has a beta of 3.077828, meaning that its share price is 208% more volatile than the S&P 500.

Constellation Software presently has a consensus price target of C$5,521.43, indicating a potential upside of 20.85%. Shopify has a consensus price target of C$157.50, indicating a potential downside of 17.84%. Given Constellation Software's stronger consensus rating and higher possible upside, research analysts clearly 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)
0 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.17
Shopify
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

52.6% of Constellation Software shares are owned by institutional investors. Comparatively, 58.7% of Shopify shares are owned by institutional investors. 5.7% of Constellation Software shares are owned by insiders. Comparatively, 0.2% of Shopify shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Constellation Software beats Shopify on 11 of the 17 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 SHOP 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$249.16BC$7.31BC$29.73BC$9.27B
Dividend YieldN/A3.77%3.18%6.53%
P/E Ratio106.511,210.14416.8624.74
Price / Sales24.88249.001,677.449.21
Price / Cash13.5217.2034.3283.29
Price / Book21.5910.797.005.32
Net IncomeC$1.44BC$49.83MC$808.51MC$301.20M
7 Day Performance-1.62%0.14%-0.34%4.04%
1 Month Performance17.16%2.08%3.79%10.62%
1 Year Performance92.07%11.32%24,000.39%34.81%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
1.0904 of 5 stars
C$191.71
-1.2%
C$157.50
-17.8%
+94.3%C$249.16BC$10.01B106.5111,600Gap Down
CSU
Constellation Software
1.6807 of 5 stars
C$4,470.99
-1.7%
C$5,521.43
+23.5%
+3.4%C$67.56BC$6.91B106.2345,000
SAP
Saputo
2.1638 of 5 stars
C$33.90
+0.3%
C$34.63
+2.1%
+14.7%C$14.29BC$18.74B-90.76112,000Dividend Increase
VDY
Vanguard FTSE Canadian High Dividend Yield Index ETF
N/AC$54.42
-0.5%
N/A+18.6%C$3.74BN/A0.00790
DH
DH
N/AN/AN/AN/AC$2.72BN/A0.00970Gap Up
BB
BlackBerry
0.4355 of 5 stars
C$5.18
-0.2%
C$4.75
-8.3%
+66.2%C$2.14BC$424.99M-16.693,320
LSPD
Lightspeed Commerce
0.4015 of 5 stars
C$16.79
-0.8%
C$18.60
+10.8%
-2.3%C$1.83BC$740.40M-14.921,800Gap Down
DV
Dolly Varden Silver
0.1431 of 5 stars
C$4.84
-0.2%
C$1.60
-66.9%
+407.8%C$1.49BN/A-62.09800
PD
Precision Drilling
2.8942 of 5 stars
C$78.85
-0.4%
C$95.14
+20.7%
N/AC$1.12BC$1.95B4.64950
DCBO
Docebo
1.972 of 5 stars
C$42.43
-1.3%
C$62.33
+46.9%
-26.1%C$906.67MC$147.27M50.44730News Coverage
ABST
Absolute Software
N/AN/AN/AN/AC$807.42MC$222.06M-23.03740

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This page (TSE:SHOP) was last updated on 9/2/2025 by MarketBeat.com Staff
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