NasdaqGS:SHOPIT
Shopify (SHOP) Valuation Check After 12% Monthly Gain and 50% Year-to-Date Rally
Shopify (SHOP) has quietly kept climbing, with shares up about 12% over the past month and more than 50% year to date, as investors lean into its accelerating revenue and profit growth.
See our latest analysis for Shopify.
That latest leg higher takes Shopify’s share price to about 163 dollars, and with a roughly 12 percent 1 month share price return and 3 year total shareholder return above 350 percent, the trend still points to strong, long term momentum rather than a fading spike.
If...