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Shopify (SHOP)
NYSE:SHOP
Holding SHOP?
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SHOP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.50 - $91.57
Previous Close$79.21
Volume3.97M
Average Volume (3M)8.34M
Market Cap
$102.20B
Enterprise Value$98.32B
Total Cash (Recent Filing)$5.02B
Total Debt (Recent Filing)$1.14B
Price to Earnings (P/E)80.8
Beta2.75
Next Earnings
Oct 31, 2024EPS Estimate
$0.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.98
Shares Outstanding1,290,386,504
10 Day Avg. Volume6,288,551
30 Day Avg. Volume8,336,248
Standard Deviation0.18
R-Squared0.47
Alpha-0.00326
Financial Highlights & Ratios
Price to Book (P/B)11.14
Price to Sales (P/S)13.22
Price to Cash Flow (P/CF)75.50
P/FCF Ratio77.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.49
Enterprise Value/Gross Profit27.97
Enterprise Value/Ebitda141.46
Forecast
1Y Price Target
$79.08Price Target Upside-0.16% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering34
Shopify News
Bulls Say, Bears Say
Bulls Say
Enterprise GrowthShopify's lower cost of ownership for enterprise merchants and exclusive products like Shop Pay, Audiences, and Shop Campaigns, along with robust POS hardware, are expected to drive more enterprise logo wins.
Financial PerformanceShopify Payments has been the largest driver of the company's Merchant Solutions revenue, growing 30% YoY in FY23.
Talent AcquisitionHiring AI native talent just as others are pulling back will likely improve the cadence of product innovation to reinforce the Shopify moat.
Bears Say
Operating ExpensesInvestors were seemingly more perturbed by Q1 operating expenses increasing inline with management's guidance, coming in shy of expectations in line with historical outperformance.
Price TargetPrice target lowered to $55 from $65 post tech volatility and lower sector valuations.
Revenue GrowthMerchant solutions revenue, non-GAAP operating profit, and cash flow upside could be much more modest than prior quarters.
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Ownership Overview
21.22% Insiders
1937.24% Mutual Funds
3256.21% Other Institutional Investors
3970.82% 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’s price range in the past 12 months?
Shopify lowest stock price was $45.50 and its highest was $91.57 in the past 12 months.
What is Shopify’s market cap?
Currently, no data Available
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Oct 31, 2024 which is 8 days ago.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Aug 07, 2024. The company reported $0.264 earnings per share for the quarter, beating the consensus estimate of $0.207 by $0.057.
Is Shopify overvalued?
According to Wall Street analysts Shopify’s price is currently Overvalued.
Does Shopify pay dividends?
Shopify does not currently pay dividends.
What is Shopify’s EPS estimate?
Shopify’s EPS estimate is $0.28.
How many shares outstanding does Shopify have?
Shopify has 1,211,104,100 shares outstanding.
What happened to Shopify’s price movement after its last earnings report?
Shopify reported an EPS of $0.264 in its last earnings report, beating expectations of $0.207. Following the earnings report the stock price went up 17.835%.
Which hedge fund is a major shareholder of Shopify?
Among the largest hedge funds holding Shopify’s share is Sands Capital Management LLC. It holds Shopify’s shares valued at 973M.
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Shopify Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$79.08 (-0.16% Downside)
$79.08 (-0.16% Downside)
Blogger Sentiment
Bullish
SHOP Sentiment 88%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.76%
12-Months-Change
Fundamentals
Return on Equity
15.32%
Trailing 12-Months
Asset Growth
16.93%
Trailing 12-Months
Company Description
Shopify
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
Q2 2024
0:00 / 0:00
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SHOP Stock 12 Month Forecast
Average Price Target
$79.08
▼(-0.16% Downside)
Technical Analysis
Best Analysts Covering SHOP
1 Year
1 Year Success Rate
15/15 ratings generated profit
1 Year Average Return
+74.37%
reiterated a buy rating 3 months ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +74.37% per trade.
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