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Shopify Inc. (SHOP)
:SHOP
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SHOP Stock Chart & Stats
Day’s Range― - ―
52-Week Range$48.56 - $120.72
Previous CloseN/A
Volume2.37M
Average Volume (3M)5.92M
Market Cap
$131.37B
Enterprise Value$135.96B
Total Cash (Recent Filing)$392.41M
Total Debt (Recent Filing)$12.63M
Price to Earnings (P/E)98.1
Beta2.28
Next Earnings
Feb 12, 2025EPS Estimate
0.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.06
Shares Outstanding1,212,833,400
10 Day Avg. Volume5,810,176
30 Day Avg. Volume5,915,642
Standard Deviation0.18
R-Squared0.49
Alpha0.00427
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)18.18
Price to Cash Flow (P/CF)88.20
P/FCF Ratio88.60
Enterprise Value/Market Cap1.03
Enterprise Value/Revenue33.79
Enterprise Value/Gross Profit38.68
Enterprise Value/Ebitda218.58
Forecast
1Y Price Target
$116.92Price Target Upside12.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering36
Shopify News
Bulls Say, Bears Say
Bulls Say
Market ExpansionShopify can continue to take share of the $6T+ eCommerce market, with significant runway in newer categories like B2B, offline, and international markets.
Platform EnhancementsShopify released enhancements to its platform, improving checkout load times by up to 50%, which can drive incremental conversions for merchants.
Revenue GrowthShopify reported very strong Q3 results, which amounted to 26% revenue growth and 19% FCF margins, both solidly ahead of expectations.
Bears Say
Financial PerformanceValuation of Shopify is considered challenging due to high multiples on future EBITDA and free cash flow.
Growth Projections3Q merchant checks suggest 17% year-over-year average growth, below the 22.5% GMV growth estimate.
Marketing StrategyThere is some concern about modest sales and marketing deleverage due to elevated performance marketing spend.
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Ownership Overview
0.19% Insiders
20.50% Mutual Funds
0.37% Other Institutional Investors
70.67% Public Companies and Individual Investors
Risk Analysis
Sorry, No Data AvailableWe provide Risk Factor analysis for U.S. stocks that have been publicly traded for at least a year.
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Website Traffic
The estimated number of people who visited one or more of the websites owned by Shopify
Desktop Users
Mobile Users
SHOP FAQ
What was Shopify Inc.’s price range in the past 12 months?
Shopify Inc. lowest stock price was $48.56 and its highest was $120.72 in the past 12 months.
What is Shopify Inc.’s market cap?
Shopify Inc.’s market cap is $131.37B.
When is Shopify Inc.’s upcoming earnings report date?
Shopify Inc.’s upcoming earnings report date is Feb 12, 2025 which is in 25 days.
How were Shopify Inc.’s earnings last quarter?
Shopify Inc. released its earnings results on Nov 12, 2024. The company reported $0.342 earnings per share for the quarter, beating the consensus estimate of $0.263 by $0.079.
Is Shopify Inc. overvalued?
According to Wall Street analysts Shopify Inc.’s price is currently Undervalued.
Does Shopify Inc. pay dividends?
Shopify Inc. does not currently pay dividends.
What is Shopify Inc.’s EPS estimate?
Shopify Inc.’s EPS estimate is 0.42.
How many shares outstanding does Shopify Inc. have?
Shopify Inc. has 1,212,833,400 shares outstanding.
What happened to Shopify Inc.’s price movement after its last earnings report?
Shopify Inc. reported an EPS of $0.342 in its last earnings report, beating expectations of $0.263. Following the earnings report the stock price went up 21.036%.
Which hedge fund is a major shareholder of Shopify Inc.?
Among the largest hedge funds holding Shopify Inc.’s share is Sands Capital Management LLC. It holds Shopify Inc.’s shares valued at 1B.
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Shopify Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$116.92 (12.97% Upside)
$116.92 (12.97% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 955.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $31.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.27%
12-Months-Change
Fundamentals
Return on Equity
15.04%
Trailing 12-Months
Asset Growth
17.82%
Trailing 12-Months
Company Description
Shopify Inc.
Founded in 2004, Canada-based Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops.
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SHOP Company Deck
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SHOP Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in GMV, revenue, and international markets, alongside the expansion of Shopify Payments and enterprise adoption. Some challenges were noted in partnership revenues and payment margins in Europe. Overall, the positive developments significantly outweighed the lowlights.Read More>---
SHOP Stock 12 Month Forecast
Average Price Target
$116.92
▲(12.97% Upside)
Technical Analysis
Best Analysts Covering SHOP
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+75.21%
assigned a buy rating 2 months ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +75.21% per trade.
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