Do analysts prefer TC or SHOP?

Shopify has a consensus price target of C$198.00, indicating a potential upside of 10.40%. Given Shopify's stronger consensus rating and higher probable upside, analysts plainly believe Shopify is more favorable than Tucows. Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Tucows 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 stronger valuation & earnings, TC or SHOP?

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 Tucows C$394.44M 0.40 -C$64.10M -C$7.52 N/A Shopify C$13.27B 17.39 C$1.44B C$1.48 121.18

Is TC or SHOP 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 Tucows -21.20% 48.46% -4.34% Shopify 14.68% 15.24% 5.63%

Do analysts prefer SHO or SHOP?

Shopify has a consensus target price of C$198.00, indicating a potential upside of 10.40%. Given Shopify's higher possible upside, 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) 12 Strong Buy rating(s) 3.44 Shopify 0 Sell rating(s) 1 Hold rating(s) 3 Buy rating(s) 0 Strong Buy rating(s) 2.75

Which has better 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 17.39 C$1.44B C$1.48 121.18

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 favor SHO or SHOP?

In the previous week, Shopify had 2 more articles in the media than Shopify. MarketBeat recorded 5 mentions for Shopify and 3 mentions for Shopify. Shopify's average media sentiment score of 0.13 beat Shopify's score of 0.06 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) 0 Positive mention(s) 2 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Shopify 0 Very Positive mention(s) 3 Positive mention(s) 1 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral

Which has preferable earnings and valuation, 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 1.22 C$1.67B C$8.05 12.05 Shopify C$13.27B 17.39 C$1.44B C$1.48 121.18

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 favor GIB.A or SHOP?

In the previous week, Shopify had 2 more articles in the media than CGI. MarketBeat recorded 5 mentions for Shopify and 3 mentions for CGI. Shopify's average media sentiment score of 0.06 beat CGI's score of 0.01 indicating that Shopify is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment CGI 0 Very Positive mention(s) 1 Positive mention(s) 1 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral Shopify 0 Very Positive mention(s) 3 Positive mention(s) 1 Neutral mention(s) 1 Negative mention(s) 0 Very Negative mention(s) Neutral

Do analysts prefer SHOP or CTS?

Shopify presently has a consensus target price of C$198.00, suggesting a potential upside of 10.40%. Given Shopify's stronger consensus rating and higher possible upside, research analysts clearly believe Shopify is more favorable than Converge Technology Solutions. 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 Converge Technology Solutions 0 Sell rating(s) 0 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 0.00

Which has preferable earnings & valuation, 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 17.39 C$1.44B C$1.48 121.18 Solium Capital C$108.34M 0.00 C$4.87M C$0.09 N/A

Shopify (SHOP) Competitors

C$179.34 -0.67 (-0.37%)

As of 09/18/2026 04:20 PM Eastern

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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?

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

In the previous week, Shopify had 5 more articles in the media than Tucows. MarketBeat recorded 5 mentions for Shopify and 0 mentions for Tucows. Shopify's average media sentiment score of 0.06 beat Tucows' score of 0.00 indicating that Shopify is being referred to more favorably in the news media.

Company	Overall Sentiment
Tucows	Neutral
Shopify	Neutral

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
Tucows	C$394.44M	0.40	-C$64.10M	-C$7.52	N/A
Shopify	C$13.27B	17.39	C$1.44B	C$1.48	121.18

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
Tucows	-21.20%	48.46%	-4.34%
Shopify	14.68%	15.24%	5.63%

Tucows has a beta of 1.467647, meaning that its stock price is 47% more volatile than the broader market. Comparatively, Shopify has a beta of 2.435206, meaning that its stock price is 144% more volatile than the broader market.

Shopify has a consensus price target of C$198.00, indicating a potential upside of 10.40%. Given Shopify's stronger consensus rating and higher probable upside, analysts plainly believe Shopify is more favorable than Tucows.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tucows	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

32.6% of Tucows shares are owned by institutional investors. Comparatively, 55.2% of Shopify shares are owned by institutional investors. 8.3% of Tucows shares are owned by insiders. Comparatively, 0.2% of Shopify shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

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 contrast the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings, media sentiment and risk.

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	17.39	C$1.44B	C$1.48	121.18

In the previous week, Shopify had 2 more articles in the media than Shopify. MarketBeat recorded 5 mentions for Shopify and 3 mentions for Shopify. Shopify's average media sentiment score of 0.13 beat Shopify's score of 0.06 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)	0 Positive mention(s)	2 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral
Shopify	0 Very Positive mention(s)	3 Positive mention(s)	1 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral

Shopify has a consensus target price of C$198.00, indicating a potential upside of 10.40%. Given Shopify's higher possible upside, 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)	12 Strong Buy rating(s)	3.44
Shopify	0 Sell rating(s)	1 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.75

55.2% 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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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%

Summary

Shopify beats Shopify on 9 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 superior investment? We will contrast the two companies based on the strength of their media sentiment, dividends, analyst recommendations, valuation, profitability, institutional ownership, risk and earnings.

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	1.22	C$1.67B	C$8.05	12.05
Shopify	C$13.27B	17.39	C$1.44B	C$1.48	121.18

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 presently has a consensus price target of C$124.23, suggesting a potential upside of 28.06%. Shopify has a consensus price target of C$198.00, suggesting a potential upside of 10.40%. Given CGI's higher possible upside, research analysts clearly 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

38.7% of CGI shares are held by institutional investors. Comparatively, 55.2% of Shopify shares are held by institutional investors. 0.8% of CGI shares are held by company insiders. Comparatively, 0.2% of Shopify shares are held by company 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.

CGI has a beta of 0.186701, indicating that its share price is 81% less volatile than the broader market. Comparatively, Shopify has a beta of 2.435206, indicating that its share price is 144% more volatile than the broader market.

In the previous week, Shopify had 2 more articles in the media than CGI. MarketBeat recorded 5 mentions for Shopify and 3 mentions for CGI. Shopify's average media sentiment score of 0.06 beat CGI's score of 0.01 indicating that Shopify is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
CGI	0 Very Positive mention(s)	1 Positive mention(s)	1 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral
Shopify	0 Very Positive mention(s)	3 Positive mention(s)	1 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral

Summary

CGI and Shopify tied by winning 8 of the 16 factors compared between the two stocks.

How does Shopify compare to Converge Technology Solutions?

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

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
Shopify	14.68%	15.24%	5.63%
Converge Technology Solutions	-6.86%	-37.61%	1.62%

Shopify has a beta of 2.435206, suggesting that its share price is 144% more volatile than the broader market. Comparatively, Converge Technology Solutions has a beta of 1.81, suggesting that its share price is 81% more volatile than the broader market.

Shopify presently has a consensus target price of C$198.00, suggesting a potential upside of 10.40%. Given Shopify's stronger consensus rating and higher possible upside, research analysts clearly believe Shopify is more favorable than Converge Technology Solutions.

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
Converge Technology Solutions	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	0.00

55.2% of Shopify shares are held by institutional investors. Comparatively, 33.3% of Converge Technology Solutions shares are held by institutional investors. 0.2% of Shopify shares are held by insiders. Comparatively, 6.0% of Converge Technology Solutions shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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
Shopify	C$13.27B	17.39	C$1.44B	C$1.48	121.18
Converge Technology Solutions	C$2.48B	0.00	-C$157.26M	-C$0.83	N/A

In the previous week, Shopify had 5 more articles in the media than Converge Technology Solutions. MarketBeat recorded 5 mentions for Shopify and 0 mentions for Converge Technology Solutions. Shopify's average media sentiment score of 0.06 beat Converge Technology Solutions' score of 0.00 indicating that Shopify is being referred to more favorably in the media.

Company	Overall Sentiment
Shopify	Neutral
Converge Technology Solutions	Neutral

Summary

Shopify beats Converge Technology Solutions on 14 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 business? We will compare the two businesses based on the strength of their institutional ownership, dividends, media sentiment, valuation, analyst recommendations, profitability, earnings and risk.

Shopify currently has a consensus price target of C$198.00, indicating a potential upside of 10.40%. Solium Capital has a consensus price target of C$2.50, indicating a potential upside of 0.00%. Given Shopify's higher possible upside, equities analysts plainly believe Shopify is more favorable than Solium Capital.

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

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

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	17.39	C$1.44B	C$1.48	121.18
Solium Capital	C$108.34M	0.00	C$4.87M	C$0.09	N/A

In the previous week, Shopify had 5 more articles in the media than Solium Capital. MarketBeat recorded 5 mentions for Shopify and 0 mentions for Solium Capital. Shopify's average media sentiment score of 0.06 beat Solium Capital's score of 0.00 indicating that Shopify is being referred to more favorably in the media.

Company	Overall Sentiment
Shopify	Neutral
Solium Capital	Neutral

55.2% of Shopify shares are held by institutional investors. 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 will outperform the market over the long term.

Summary

Shopify beats Solium Capital on 12 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

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Metric	Shopify	IT Services Industry	Technology Sector	TSE Exchange
Market Cap	C$230.75B	C$10.58B	C$30.35B	C$12.65B
Dividend Yield	N/A	2.84%	2.75%	6.28%
P/E Ratio	121.18	13.87	77.41	39.74
Price / Sales	17.39	71.02	590.21	9.46
Price / Cash	13.52	45.55	48.17	82.29
Price / Book	18.31	8.20	7.82	4.66
Net Income	C$1.44B	C$271.17M	C$702.35M	C$299.09M
7 Day Performance	0.52%	0.32%	-0.52%	-0.18%
1 Month Performance	-11.82%	-2.20%	-2.28%	-1.65%
1 Year Performance	-15.25%	23.20%	176.56%	21.81%

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	1.5835 of 5 stars	C$179.34 -0.4%	C$198.00 +10.4%	-15.2%	C$230.75B	C$13.27B	121.18	7,600	High Trading Volume
TC Tucows	N/A	C$14.15 +0.8%	N/A	-46.3%	C$158.23M	C$394.44M	N/A	620
SHO Shopify	N/A	N/A	N/A	N/A	C$0.00	N/A	N/A	40	News Coverage Positive News High Trading Volume
GIB.A CGI	2.9613 of 5 stars	C$97.48 -2.1%	C$124.23 +27.4%	-24.0%	C$20.19B	C$16.44B	12.11	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 9/20/2026 by MarketBeat.com Staff.

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Shopify (SHOP) Competitors