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Shopify (SHOP)
NYSE:SHOP
Shopify (SHOP) Stock Price & Analysis
14,246 Followers
SHOP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$23.63 - $65.54
Previous Close$57.19
Volume10.04M
Average Volume (3M)16.04M
Market Cap
$75.30B
Enterprise Value$70.80B
Total Cash (Recent Filing)$5.02B
Total Debt (Recent Filing)$1.40B
Price to Earnings (P/E)-37.7
Beta2.64
Next Earnings
Aug 02, 2023EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.51
Shares Outstanding1,278,915,636
10 Day Avg. Volume14,130,132
30 Day Avg. Volume16,041,588
Standard Deviation0.16
R-Squared0.45
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)16.22
Price to Sales (P/S)48.50
Price to Cash Flow (P/CF)252.30
P/FCF Ratio252.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.99
Enterprise Value/Gross Profit25.71
Enterprise Value/Ebitda-54.01
Forecast
1Y Price Target
$61.65Price Target Upside6.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
Shopify News
Market NewsSHOP Surges after Q1 Smasher, Asset Sale
Stock Analysis & IdeasAMZN vs. SHOP: Which E-Commerce Stock is Better?
Market NewsShopify Rises after Analyst Upgrade
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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Product Insights
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 $23.63 and its highest was $65.54 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 Aug 02, 2023 which is in 62 days.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on May 04, 2023. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of -$0.04 by $0.05.
Is Shopify overvalued?
According to Wall Street analysts Shopify’s price is currently Undervalued.
Does Shopify pay dividends?
Shopify does not currently pay dividends.
What is Shopify’s EPS estimate?
Shopify’s EPS estimate is $0.07.
How many shares outstanding does Shopify have?
Shopify has 1,199,414,600 shares outstanding.
What happened to Shopify’s price movement after its last earnings report?
Shopify reported an EPS of $0.01 in its last earnings report, beating expectations of -$0.04. Following the earnings report the stock price went up 23.838%.
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 1B.
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Shopify Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$61.65 (6.53% Upside)
$61.65 (6.53% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 3.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Neutral
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
52.45%
12-Months-Change
Fundamentals
Return on Equity
-21.02%
Trailing 12-Months
Asset Growth
-7.36%
Trailing 12-Months
Learn more about TipRanks Smart Score
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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Top 5 ETFs holding SHOP
iShares Expanded Tech Sector ETF
$17.60M
Capital Group Growth ETF
$16.94M
SPDR NYSE Technology ETF
$16.01M
Co dbx Inf Tec Accum.Ptg.Shs Class -1C- USD
$11.95M
TD Global Technology Leaders Index ETF Trust Units
$5.16M
Up to five ETFs with an Outperform Smart Score that hold SHOP. The ETFs are listed according to market value of SHOP within the ETF
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