Shopify (TSE:SHOP)
TSX:SHOP
Canadian Market

Shopify Stock Analysis & Ratings

Shopify Stock Analysis Overview

Smart Score
2
Underperform
1
2
3
4
5
6
7
8
9
10
Learn more about TipRanks Smart Score
The Shopify stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.

Stock Chart

TSE:SHOP

TSE:SHOP Stock Stats

Previous CloseC$1,289.82
OpenC$1,311.98
Bid1285 x 300
Ask1287.6 x 200
Today’s RangeC$1286.32 - C$1350.24
52-Week RangeC$1248.55 - C$2228.73
Volume98.71K
Average Volume169.57K
Market CapC$161.67B
Beta1.19
P/E Ratio37.4
EPS34.49
Earnings DateFeb 16, 2022
1Y Price TargetC$1,973.34

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.
Sector
Technology
Industry
Software
CEO
Tobias Lutke
Employees
7,000
Website
www.shopify.com
ISIN
CA82509L1076
Address
151 O'Connor Street, Ottawa, ON, K2P2L8, CA

Financials


P/E Ratio Range

The price to earnings ratio. This is used by investors to assess a stock’s market price relative to its earnings.

Shopify News


TSE:SHOP FAQ

What was Shopify’s price range in the past 12 months?
Shopify lowest stock price was C$1248.55 and its highest was C$2228.73 in the past 12 months.
    What is Shopify’s market cap?
    Shopify’s market cap is C$161.67B.
      What is Shopify’s price target?
      The average price target for Shopify is C$1,973.34. This is based on 21 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
      The highest analyst price target is C$2,501.37 ,the lowest forecast is C$1,400.00. The average price target represents 53.31% Increase from the current price of C$1,287.14.
        What do analysts say about Shopify?
        Shopify’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 21 Wall Streets Analysts.
          When is Shopify’s upcoming earnings report date?
          Shopify’s upcoming earnings report date is Feb 16, 2022 which is in 27 days.
            How were Shopify’s earnings last quarter?
            Shopify released its earnings results on Oct 28, 2021. The company reported C$1.013 earnings per share for the quarter, missing the consensus estimate of C$1.538 by -C$0.525.
              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 for its next earnings report is not yet available.
                How many shares outstanding does Shopify have?
                Shopify has 113,900,000 shares outstanding.
                  What happened to Shopify’s price movement after its last earnings report?
                  Shopify reported an EPS of C$1.013 in its last earnings report, missing expectations of C$1.538. Following the earnings report the stock price went up 7.454%.
                    Which hedge fund is a major shareholder of Shopify?
                    Among the largest hedge funds holding Shopify’s share is Lone Pine Capital LLC. It holds Shopify’s shares valued at 2B.

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