SHOP Stock Overview
A commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Community Narratives
Narratives bring a range of perspectives from our community.
Expanding Global Reach And Product Suite Positions Company For Robust Revenue Surge
Large Brands and New Verticals to Push Revenues Higher But Cheap Ecomm Software Risks Remain
Shopify Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$67.01 |
| 52 Week High | US$91.57 |
| 52 Week Low | US$45.50 |
| Beta | 2.36 |
| 11 Month Change | -3.30% |
| 3 Month Change | 6.35% |
| 1 Year Change | 6.35% |
| 33 Year Change | -54.85% |
| 5 Year Change | 98.07% |
| Change since IPO | 2,509.42% |
Recent News & Updates
Shopify Continues Increasing Operating Income
Sep 06Why Investors Shouldn't Be Surprised By Shopify Inc.'s (NYSE:SHOP) 36% Share Price Surge
Sep 01
Shopify's Unseen Advantage: Strong Earnings In A Weak Consumer Environment
Aug 22Recent updates
Shopify Continues Increasing Operating Income
Sep 06Why Investors Shouldn't Be Surprised By Shopify Inc.'s (NYSE:SHOP) 36% Share Price Surge
Sep 01Shopify's Unseen Advantage: Strong Earnings In A Weak Consumer Environment
Aug 22Shopify (NYSE:SHOP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 20Shopify: Strong Returns Still Ahead, Buy Before It's Too Late
Aug 16Shopify: Solid Value For Growth Investors
Aug 09Shopify Q2 Earnings Preview: Don't Ignore The Enterprise Customer Tailwind
Jul 29Shopify: The Market Leader Deserves A Premium
Jul 19Revenues Tell The Story For Shopify Inc. (NYSE:SHOP)
Jul 16We Like These Underlying Return On Capital Trends At Shopify (NYSE:SHOP)
Jun 28Buy Shopify Before The Rebound (Technical Analysis)
Jun 24Shopify: Beyond The Short-Term Noise, A Long-Term Growth Story, Buy
Jun 06Shopify: The Powerhouse Of Next-Generation Commerce
May 20Shopify: Multiple Compression Should Matter In Coming Years
May 06Shopify (NYSE:SHOP) Has A Rock Solid Balance Sheet
May 03Shopify Direct Sales Should Win As Amazon Shifts Toward 'Pay To Play' Model
Apr 29The Price Is Right For Shopify Inc. (NYSE:SHOP)
Apr 02Shopify: Aggressive Expansion Path
Mar 25Is Shopify Inc. (NYSE:SHOP) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 18Shopify: Way Too Cheap For What's Coming
Mar 17Shopify (NYSE:SHOP) Is Looking To Continue Growing Its Returns On Capital
Mar 03Shopify: Disappointing Free Cash Flow Guidance, An Opportunity For Growth Investors
Feb 23Shopify Is Succeeding With Their Merchants
Feb 16Shopify: A Sanity Check Is Overdue (Rating Downgrade)
Feb 07Shopify: Strength Through Partnerships
Feb 01Shopify: It's Just Math, Decade Of Underperformance Ahead
Jan 18The 'New' Shopify Is Here
Jan 09Shopify: 3 Reasons To Buy In 2024
Jan 03What You Can Learn From Shopify Inc.'s (NYSE:SHOP) P/S
Dec 31Shopify Is A Special Company
Dec 11Is Shopify (NYSE:SHOP) Using Debt In A Risky Way?
Dec 10Shopify As An Operating System For E-Commerce
Dec 03Shopify's Q3 Earnings Beat The Odds: Is The Stock Still Overpriced Or Worth Every Penny?
Nov 06Shopify: Financial Discipline Is Taking Hold
Oct 31Shopify: Riding High On Promising Future Growth
Oct 13Shopify: Bull Run Is Likely Over
Sep 27Shopify Will Weather Cyclical Headwinds With 3 Factors Reinforcing Its Strengthening Moat
Sep 12Does Shopify (NYSE:SHOP) Have A Healthy Balance Sheet?
Sep 11Shopify Can Surprise With Better Growth Trajectory
Aug 31Estimating The Intrinsic Value Of Shopify Inc. (NYSE:SHOP)
Aug 21Shopify: Soaring Profits With A 2-Pronged Approach
Aug 19Make No Mistake, Shopify's AI Opportunities Are Massive (Rating Upgrade)
Aug 13Revolutionary Q2 2023 Results Cement Shopify's Ecommerce Dominance
Aug 04Shopify Stock Is A Speculative Buy Before Earnings
Jul 25Shopify: The Rally Went Too Far
Jul 13Shopify: Living On Past Glory
Jul 07Shopify Inc.'s (NYSE:SHOP) Earnings Haven't Escaped The Attention Of Investors
Jun 22Shopify: Downgrading On Amazon Risks
Jun 19Shopify: Many Concerns Remain
Jun 13Is Shopify Stock A Buy, Sell, Or Hold After Going Up Over 50% This Year?
Jun 07Does Shopify (NYSE:SHOP) Have A Healthy Balance Sheet?
Feb 24Shopify's Powerful Expansion Beyond E-Commerce
Feb 22Shareholder Returns
| SHOP | US IT | US Market | |
|---|---|---|---|
| 7D | -9.5% | -2.9% | -4.4% |
| 1Y | 6.3% | 6.2% | 19.1% |
Return vs Industry: SHOP matched the US IT industry which returned 6.2% over the past year.
Return vs Market: SHOP underperformed the US Market which returned 19.1% over the past year.
Price Volatility
| SHOP volatility | |
|---|---|
| SHOP Average Weekly Movement | 8.2% |
| IT Industry Average Movement | 7.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 14.9% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SHOP has not had significant price volatility in the past 3 months.
Volatility Over Time: SHOP's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 8,300 | Tobi Lütke | www.shopify.com |
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital.
Shopify Inc. Fundamentals Summary
| SHOP fundamental statistics | |
|---|---|
| Market cap | US$86.47b |
| Earnings (TTM) | US$1.27b |
| Revenue (TTM) | US$7.76b |
67.9x
P/E Ratio11.1x
P/S RatioIs SHOP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHOP income statement (TTM) | |
|---|---|
| Revenue | US$7.76b |
| Cost of Revenue | US$3.80b |
| Gross Profit | US$3.97b |
| Other Expenses | US$2.69b |
| Earnings | US$1.27b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.99 |
| Gross Margin | 51.07% |
| Net Profit Margin | 16.40% |
| Debt/Equity Ratio | 10.0% |
How did SHOP perform over the long term?
See historical performance and comparison