Do analysts prefer SHOP or TC?

Shopify currently has a consensus price target of C$198.00, indicating a potential downside of 6.79%. Given Shopify's stronger consensus rating and higher probable upside, equities research analysts plainly believe Shopify is more favorable than Tucows. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Shopify 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 0 Strong Buy rating(s) 2.75 Tucows 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00

Which has stronger valuation and earnings, SHOP or TC?

Shopify has higher revenue and earnings than Tucows. Tucows is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Shopify C$13.27B 20.60 C$1.44B C$1.48 143.53 Tucows C$394.44M 0.41 -C$64.10M -C$7.52 N/A

Is SHOP or TC more profitable?

Shopify has a net margin of 14.68% compared to Tucows' net margin of -21.20%. Tucows' return on equity of 48.46% beat Shopify's return on equity. Company Net Margins Return on Equity Return on Assets Shopify 14.68% 15.24% 5.63% Tucows -21.20% 48.46% -4.34%

Do analysts recommend SHO or SHOP?

Shopify has a consensus target price of C$198.00, suggesting a potential downside of 6.79%. Given Shopify's stronger consensus rating and higher probable upside, equities research analysts clearly believe Shopify is more favorable than Shopify. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Shopify 0 Sell rating(s) 4 Hold rating(s) 2 Buy rating(s) 11 Strong Buy rating(s) 3.41 Shopify 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 0 Strong Buy rating(s) 2.75

Which has preferable earnings and valuation, SHO or SHOP?

Shopify has higher revenue and earnings than Shopify. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Shopify N/A N/A N/A N/A N/A Shopify C$13.27B 20.60 C$1.44B C$1.48 143.53

Is SHO or SHOP more profitable?

Shopify has a net margin of 14.68% compared to Shopify's net margin of 0.00%. Shopify's return on equity of 15.24% beat Shopify's return on equity. Company Net Margins Return on Equity Return on Assets Shopify N/A N/A N/A Shopify 14.68% 15.24% 5.63%

Does the media prefer SHO or SHOP?

In the previous week, Shopify had 3 more articles in the media than Shopify. MarketBeat recorded 4 mentions for Shopify and 1 mentions for Shopify. Shopify's average media sentiment score of 0.06 beat Shopify's score of 0.02 indicating that Shopify is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Shopify 0 Very Positive mention(s) 1 Positive mention(s) 0 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral Shopify 0 Very Positive mention(s) 1 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 1 Very Negative mention(s) Neutral

Which has higher valuation and earnings, GIB.A or SHOP?

CGI has higher revenue and earnings than Shopify. CGI is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio CGI C$16.44B 1.31 C$1.67B C$8.05 12.90 Shopify C$13.27B 20.60 C$1.44B C$1.48 143.53

Is GIB.A or SHOP more profitable?

Shopify has a net margin of 14.68% compared to CGI's net margin of 11.51%. CGI's return on equity of 19.51% beat Shopify's return on equity. Company Net Margins Return on Equity Return on Assets CGI 11.51% 19.51% 9.35% Shopify 14.68% 15.24% 5.63%

Does the media prefer GIB.A or SHOP?

In the previous week, Shopify had 1 more articles in the media than CGI. MarketBeat recorded 4 mentions for Shopify and 3 mentions for CGI. CGI's average media sentiment score of 0.59 beat Shopify's score of 0.02 indicating that CGI is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment CGI 1 Very Positive mention(s) 1 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Shopify 0 Very Positive mention(s) 1 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 1 Very Negative mention(s) Neutral

Do analysts rate CTS or SHOP?

Shopify has a consensus price target of C$198.00, suggesting a potential downside of 6.79%. Given Converge Technology Solutions' higher possible upside, research analysts clearly believe Converge Technology Solutions is more favorable than Shopify. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Converge Technology Solutions 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00 Shopify 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 0 Strong Buy rating(s) 2.75

Which has better valuation & earnings, SHOP or SUM?

Shopify has higher revenue and earnings than Solium Capital. Solium Capital is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks. Company Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Shopify C$13.27B 20.60 C$1.44B C$1.48 143.53 Solium Capital C$108.34M 0.00 C$4.87M C$0.09 N/A

Does the media refer more to SHOP or SUM?

In the previous week, Shopify had 2 more articles in the media than Solium Capital. MarketBeat recorded 4 mentions for Shopify and 2 mentions for Solium Capital. Shopify's average media sentiment score of 0.02 beat Solium Capital's score of 0.00 indicating that Shopify is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Shopify 0 Very Positive mention(s) 1 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 1 Very Negative mention(s) Neutral Solium Capital 0 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Neutral

Shopify (SHOP) Competitors

C$212.42 -1.25 (-0.59%)

As of 08/28/2026 04:15 PM Eastern

Compare

SHOP vs. TC, SHO, GIB.A, CTS, and SUM

Should you buy Shopify stock or one of its competitors? Shopify's main competitors and comparable companies include Tucows (TC), Shopify (SHO), CGI (GIB.A), Converge Technology Solutions (CTS), and Solium Capital (SUM). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "it services" industry.

How does Shopify compare to Tucows?

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

In the previous week, Shopify had 4 more articles in the media than Tucows. MarketBeat recorded 4 mentions for Shopify and 0 mentions for Tucows. Shopify's average media sentiment score of 0.02 beat Tucows' score of 0.00 indicating that Shopify is being referred to more favorably in the media.

Company	Overall Sentiment
Shopify	Neutral
Tucows	Neutral

54.4% of Shopify shares are held by institutional investors. Comparatively, 32.6% of Tucows shares are held by institutional investors. 0.2% of Shopify shares are held by insiders. Comparatively, 8.3% of Tucows shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Shopify has a net margin of 14.68% compared to Tucows' net margin of -21.20%. Tucows' return on equity of 48.46% beat Shopify's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Shopify	14.68%	15.24%	5.63%
Tucows	-21.20%	48.46%	-4.34%

Shopify has a beta of 2.277608, suggesting that its stock price is 128% more volatile than the broader market. Comparatively, Tucows has a beta of 1.857461, suggesting that its stock price is 86% more volatile than the broader market.

Shopify currently has a consensus price target of C$198.00, indicating a potential downside of 6.79%. Given Shopify's stronger consensus rating and higher probable upside, equities research analysts plainly believe Shopify is more favorable than Tucows.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Shopify	0 Sell rating(s)	1 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.75
Tucows	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shopify	C$13.27B	20.60	C$1.44B	C$1.48	143.53
Tucows	C$394.44M	0.41	-C$64.10M	-C$7.52	N/A

Summary

Shopify beats Tucows on 14 of the 16 factors compared between the two stocks.

How does Shopify compare to Shopify?

Shopify (TSE:SHO) and Shopify (TSE:SHOP) are both technology companies, but which is the better business? We will compare the two businesses based on the strength of their media sentiment, earnings, dividends, valuation, institutional ownership, profitability, risk and analyst recommendations.

Shopify has a consensus target price of C$198.00, suggesting a potential downside of 6.79%. Given Shopify's stronger consensus rating and higher probable upside, equities research analysts clearly believe Shopify is more favorable than Shopify.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Shopify	0 Sell rating(s)	4 Hold rating(s)	2 Buy rating(s)	11 Strong Buy rating(s)	3.41
Shopify	0 Sell rating(s)	1 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.75

Shopify has a net margin of 14.68% compared to Shopify's net margin of 0.00%. Shopify's return on equity of 15.24% beat Shopify's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Shopify	N/A	N/A	N/A
Shopify	14.68%	15.24%	5.63%

In the previous week, Shopify had 3 more articles in the media than Shopify. MarketBeat recorded 4 mentions for Shopify and 1 mentions for Shopify. Shopify's average media sentiment score of 0.06 beat Shopify's score of 0.02 indicating that Shopify is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Shopify	0 Very Positive mention(s)	1 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Shopify	0 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	1 Very Negative mention(s)	Neutral

54.4% of Shopify shares are owned by institutional investors. 0.2% of Shopify shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Shopify has higher revenue and earnings than Shopify.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shopify	N/A	N/A	N/A	N/A	N/A
Shopify	C$13.27B	20.60	C$1.44B	C$1.48	143.53

Summary

Shopify beats Shopify on 8 of the 12 factors compared between the two stocks.

How does Shopify compare to CGI?

CGI (TSE:GIB.A) and Shopify (TSE:SHOP) are both large-cap technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, risk, dividends, institutional ownership, media sentiment and profitability.

CGI currently has a consensus target price of C$124.23, suggesting a potential upside of 19.63%. Shopify has a consensus target price of C$198.00, suggesting a potential downside of 6.79%. Given CGI's higher possible upside, equities research analysts plainly believe CGI is more favorable than Shopify.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CGI	0 Sell rating(s)	5 Hold rating(s)	7 Buy rating(s)	0 Strong Buy rating(s)	2.58
Shopify	0 Sell rating(s)	1 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.75

In the previous week, Shopify had 1 more articles in the media than CGI. MarketBeat recorded 4 mentions for Shopify and 3 mentions for CGI. CGI's average media sentiment score of 0.59 beat Shopify's score of 0.02 indicating that CGI is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
CGI	1 Very Positive mention(s)	1 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Shopify	0 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	1 Very Negative mention(s)	Neutral

36.1% of CGI shares are held by institutional investors. Comparatively, 54.4% of Shopify shares are held by institutional investors. 0.8% of CGI shares are held by insiders. Comparatively, 0.2% of Shopify shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

CGI has a beta of 0.143896, indicating that its stock price is 86% less volatile than the broader market. Comparatively, Shopify has a beta of 2.277608, indicating that its stock price is 128% more volatile than the broader market.

Shopify has a net margin of 14.68% compared to CGI's net margin of 11.51%. CGI's return on equity of 19.51% beat Shopify's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
CGI	11.51%	19.51%	9.35%
Shopify	14.68%	15.24%	5.63%

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CGI	C$16.44B	1.31	C$1.67B	C$8.05	12.90
Shopify	C$13.27B	20.60	C$1.44B	C$1.48	143.53

Summary

CGI beats Shopify on 9 of the 16 factors compared between the two stocks.

How does Shopify compare to Converge Technology Solutions?

Converge Technology Solutions (TSE:CTS) and Shopify (TSE:SHOP) are both technology companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.

Converge Technology Solutions has a beta of 1.81, meaning that its stock price is 81% more volatile than the broader market. Comparatively, Shopify has a beta of 2.277608, meaning that its stock price is 128% more volatile than the broader market.

In the previous week, Shopify had 4 more articles in the media than Converge Technology Solutions. MarketBeat recorded 4 mentions for Shopify and 0 mentions for Converge Technology Solutions. Shopify's average media sentiment score of 0.02 beat Converge Technology Solutions' score of 0.00 indicating that Shopify is being referred to more favorably in the news media.

Company	Overall Sentiment
Converge Technology Solutions	Neutral
Shopify	Neutral

Shopify has a consensus price target of C$198.00, suggesting a potential downside of 6.79%. Given Converge Technology Solutions' higher possible upside, research analysts clearly believe Converge Technology Solutions is more favorable than Shopify.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Converge Technology Solutions	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00
Shopify	0 Sell rating(s)	1 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.75

Shopify has higher revenue and earnings than Converge Technology Solutions. Converge Technology Solutions is trading at a lower price-to-earnings ratio than Shopify, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Converge Technology Solutions	C$2.48B	0.00	-C$157.26M	-C$0.83	N/A
Shopify	C$13.27B	20.60	C$1.44B	C$1.48	143.53

Shopify has a net margin of 14.68% compared to Converge Technology Solutions' net margin of -6.86%. Shopify's return on equity of 15.24% beat Converge Technology Solutions' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Converge Technology Solutions	-6.86%	-37.61%	1.62%
Shopify	14.68%	15.24%	5.63%

33.3% of Converge Technology Solutions shares are held by institutional investors. Comparatively, 54.4% of Shopify shares are held by institutional investors. 6.0% of Converge Technology Solutions shares are held by insiders. Comparatively, 0.2% of Shopify shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Shopify beats Converge Technology Solutions on 13 of the 15 factors compared between the two stocks.

How does Shopify compare to Solium Capital?

Shopify (TSE:SHOP) and Solium Capital (TSE:SUM) are both technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability, media sentiment and earnings.

In the previous week, Shopify had 2 more articles in the media than Solium Capital. MarketBeat recorded 4 mentions for Shopify and 2 mentions for Solium Capital. Shopify's average media sentiment score of 0.02 beat Solium Capital's score of 0.00 indicating that Shopify is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Shopify	0 Very Positive mention(s)	1 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	1 Very Negative mention(s)	Neutral
Solium Capital	0 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral

Shopify has a net margin of 14.68% compared to Solium Capital's net margin of 0.00%. Shopify's return on equity of 15.24% beat Solium Capital's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Shopify	14.68%	15.24%	5.63%
Solium Capital	N/A	N/A	N/A

54.4% of Shopify shares are owned by institutional investors. 0.2% of Shopify shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shopify	C$13.27B	20.60	C$1.44B	C$1.48	143.53
Solium Capital	C$108.34M	0.00	C$4.87M	C$0.09	N/A

Shopify currently has a consensus price target of C$198.00, indicating a potential downside of 6.79%. Solium Capital has a consensus price target of C$2.50, indicating a potential upside of 0.00%. Given Solium Capital's stronger consensus rating and higher possible upside, analysts clearly believe Solium Capital is more favorable than Shopify.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Shopify	0 Sell rating(s)	1 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.75
Solium Capital	0 Sell rating(s)	0 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	3.00

Summary

Shopify beats Solium Capital on 11 of the 14 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.

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.

SHOP vs. The Competition

Export

Metric	Shopify	IT Services Industry	Technology Sector	TSE Exchange
Market Cap	C$273.31B	C$11.12B	C$29.73B	C$12.56B
Dividend Yield	N/A	2.76%	2.74%	6.23%
P/E Ratio	143.53	12.90	72.30	38.31
Price / Sales	20.60	65.33	593.23	10.23
Price / Cash	13.52	42.61	49.29	82.29
Price / Book	21.69	25.12	9.31	4.76
Net Income	C$1.44B	C$271.39M	C$678.22M	C$299.09M
7 Day Performance	3.30%	-0.21%	-0.07%	-0.56%
1 Month Performance	16.89%	6.47%	6.28%	5.73%
1 Year Performance	9.51%	29.51%	187.09%	30.17%

Shopify Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
SHOP Shopify	1.3307 of 5 stars	C$212.42 -0.6%	C$198.00 -6.8%	+9.1%	C$273.31B	C$13.27B	143.53	11,600	News Coverage
TC Tucows	N/A	C$14.35 +3.1%	N/A	-43.9%	C$160.46M	C$394.44M	N/A	620	Gap Up
SHO Shopify	N/A	N/A	N/A	N/A	C$0.00	N/A	N/A	40	High Trading Volume
GIB.A CGI	2.9665 of 5 stars	C$104.26 +1.0%	C$124.23 +19.2%	-21.7%	C$21.59B	C$16.44B	12.95	90,000	News Coverage
CTS Converge Technology Solutions	N/A	N/A	N/A	N/A	C$1.13B	C$2.48B	N/A	4,210

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This page (TSE:SHOP) was last updated on 8/29/2026 by MarketBeat.com Staff.

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Shopify (SHOP) Competitors