SHOP Stock Overview
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for SHOP from our risk checks.
Shopify Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$56.97 |
| 52 Week High | US$71.43 |
| 52 Week Low | US$23.63 |
| Beta | 2.04 |
| 1 Month Change | 5.64% |
| 3 Month Change | -10.26% |
| 1 Year Change | 86.48% |
| 3 Year Change | -38.00% |
| 5 Year Change | 251.67% |
| Change since IPO | 2,118.46% |
Recent News & Updates
Shopify Will Weather Cyclical Headwinds With 3 Factors Reinforcing Its Strengthening Moat
Sep 12Does Shopify (NYSE:SHOP) Have A Healthy Balance Sheet?
Sep 11
Shopify 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 19Recent updates
Shopify 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 22Shopify: Closing In On Amazon 1P
Feb 16Shopify Stock Q4 Earnings Preview: What To Watch For
Feb 10Shopify: Epic Recovery Possibly Ahead
Jan 31Shopify's Runway Ahead
Jan 23Shopify: Right Company At The Wrong Price
Jan 17Shopify Is Not Afraid To Take On Amazon
Jan 11Shopify: Industry Disruptor With 60%+ Margin Of Safety
Dec 28Shopify: Expansion Into Advertising Makes It A Buy
Dec 21Shopify: Time For A Pause - No Margin Of Safety Here
Dec 10Is Now The Time To Look At Buying Shopify Inc. (NYSE:SHOP)?
Nov 23Shopify Is Adjusting To A Challenging Landscape
Nov 02Shopify: Day Of Reckoning Is Way Past
Oct 26Shopify: Q3 Earnings Could Surprise The Bears
Oct 17Shopify: Down 80%, One Of My Largest Positions
Oct 02Shopify: The Central Operating System For Business
Sep 17Shopify hires new finance chief
Sep 08Shopify: Simplifying Logistics
Aug 28Shopify: Set For A Rebound
Aug 17Shopify Stock's Outlook: Is A Rebound Possible In The Rest Of 2022?
Aug 11Shopify Remains Insanely Overvalued
Aug 04Shopify down 12% on announcement of 10% layoff in global workforce
Jul 26Shopify Has A Lot To Offer As The Digital Infrastructure Of Ecommerce
Jul 19Is There Now An Opportunity In Shopify Inc. (NYSE:SHOP)?
Jul 15What Is Shopify Stock's Future Outlook After 10-For-1 Stock Split?
Jul 07Why Shopify's (NYSE:SHOP) Fundamentals are Riskier than it may Seem
Jun 30Shopify: Increased Freelancing Could Provide Protection
Jun 29Is Shopify (NYSE:SHOP) Using Too Much Debt?
Jun 28It's Time To Pound The Table On Shopify
Jun 23Shopify: I'm Buying The Dip, Again, Here Is Why
Jun 14Returns At Shopify (NYSE:SHOP) Are On The Way Up
Jun 13Shopify: A Controversial Stock Split
Jun 063 Reasons To Buy Shopify Before Their Upcoming Stock Split
May 31Is Shopify Inc. (NYSE:SHOP) Trading At A 21% Discount?
May 30Shopify: Near-Term Bottom - But Avoid Adding Here
May 17Shopify Stock Hit By Plethora Of Headwinds In Q1
May 10Shopify: A Business Owner's Perspective
May 04Shopify: The Impact Of Amazon's Buy With Prime
Apr 27How Shopify's (NYSE:SHOP) Clients May be Acquired by Amazon's "Buy With Prime" Service
Apr 21Shopify Stock: Before You Buy
Apr 13Shareholder Returns
| SHOP | US IT | US Market | |
|---|---|---|---|
| 7D | -9.0% | -1.2% | -1.5% |
| 1Y | 86.5% | 15.8% | 13.8% |
Return vs Industry: SHOP exceeded the US IT industry which returned 15.8% over the past year.
Return vs Market: SHOP exceeded the US Market which returned 13.8% over the past year.
Price Volatility
| SHOP volatility | |
|---|---|
| SHOP Average Weekly Movement | 6.3% |
| IT Industry Average Movement | 8.0% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in US Market | 14.3% |
| 10% least volatile stocks in US Market | 2.5% |
Stable Share Price: SHOP is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SHOP's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 11,600 | Tobi Lütke | https://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, 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 fulfillment, and securing working capital.
Shopify Inc. Fundamentals Summary
| SHOP fundamental statistics | |
|---|---|
| Market Cap | US$73.14b |
| Earnings (TTM) | -US$2.03b |
| Revenue (TTM) | US$6.30b |
11.6x
P/S Ratio-36.1x
P/E RatioIs SHOP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHOP income statement (TTM) | |
|---|---|
| Revenue | US$6.30b |
| Cost of Revenue | US$3.29b |
| Gross Profit | US$3.01b |
| Other Expenses | US$5.04b |
| Earnings | -US$2.03b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.58 |
| Gross Margin | 47.79% |
| Net Profit Margin | -32.13% |
| Debt/Equity Ratio | 12.2% |
How did SHOP perform over the long term?
See historical performance and comparison