Shopify/SHOP

$58.53

1.34%
-
1D1W1MYTD1YMAX

About Shopify

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.

Ticker

SHOP

Sector

Technology

Trading on

NYSE

Industry

Business Services

CEO

Tobias Luetke

Employees

8,300

Headquarters

Ottawa, Canada
Website
www.shopify.com

Shopify Metrics

BasicAdvanced
$75B
Market cap
-
P/E ratio
-$0.19
EPS
2.25
Beta
-
Dividend rate
$75B
2.25177
$91.57
$45.50
9.5M
7.14
10.3
10.3
-1.89%
-2.4%
-2.06%
10.175
8.478
8.936
71.767
25.55%
87.37%
34.07%
-26.52%

What the Analysts think about Shopify

Analyst Ratings

Majority rating from 48 analysts.
Buy

Price Targets

Average projection from 40 analysts.
30.8% upside
High $100.00
Low $60.00
$58.53
Current price
$76.56
Average price target

Shopify Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-14.66% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.9B
-13.2%
Net income
-$273M
-141.55%
Profit margin
-14.66%
-147.85%

Shopify Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 17.5%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.14
$0.24
$0.34
$0.20
-
Expected
$0.05
$0.14
$0.31
$0.17
$0.20
Surprise
179.81%
73.91%
9.05%
17.5%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Shopify stock?

Shopify (SHOP) has a market cap of $75B as of May 20, 2024.

What is the P/E ratio for Shopify stock?

The price to earnings (P/E) ratio for Shopify (SHOP) stock is 0 as of May 20, 2024.

Does Shopify stock pay dividends?

No, Shopify (SHOP) stock does not pay dividends to its shareholders as of May 20, 2024.

When is the next Shopify dividend payment date?

Shopify (SHOP) stock does not pay dividends to its shareholders.

What is the beta indicator for Shopify?

Shopify (SHOP) has a beta rating of 2.25. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Shopify stock price target?

The target price for Shopify (SHOP) stock is $76.56, which is 30.8% above the current price of $58.53. This is an average based on projections from 40 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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