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Shopify (SHOP)
NYSE:SHOP
Shopify (SHOP) Stock Price & Analysis
17,506 Followers
SHOP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.50 - $91.57
Previous Close$56.97
Volume8.39M
Average Volume (3M)9.76M
Market Cap
$75.09B
Enterprise Value$69.82B
Total Cash (Recent Filing)$5.18B
Total Debt (Recent Filing)$1.15B
Price to Earnings (P/E)―
Beta2.44
Next Earnings
Jul 31, 2024EPS Estimate
$0.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.17
Shares Outstanding1,284,258,848
10 Day Avg. Volume12,621,318
30 Day Avg. Volume9,757,425
Standard Deviation0.18
R-Squared0.44
Alpha0.00958
Financial Highlights & Ratios
Price to Book (P/B)8.75
Price to Sales (P/S)10.36
Price to Cash Flow (P/CF)77.60
P/FCF Ratio79.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.25
Enterprise Value/Gross Profit19.86
Enterprise Value/Ebitda-87.06
Forecast
1Y Price Target
$77.16Price Target Upside33.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Shopify News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceShopify's Q1 revenue beat consensus with solid margins, demonstrating financial strength and growth.
Market ExpansionShopify's investments in large adjacencies like point of sale, B2B eCommerce, and International, potentially driving significant market growth.
Technology LeadershipShopify possesses a significant technology moat in eCommerce software and share gain across eCommerce cycles.
Bears Say
Earnings GuidanceQ2 revenue and margin guidance fell short of consensus expectations.
Financial PerformanceShopify's stock is down due to an investment cycle weighing on margin expansion and mixed consumer spending data points.
Profitability ConcernsConcerns over profitability will weigh on shares until meaningful payback on marketing investments.
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Ownership Overview
1.63% Insiders
19.99% Mutual Funds
37.54% Other Institutional Investors
40.85% 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 Jul 31, 2024 which is in 64 days.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on May 08, 2024. The company reported $0.201 earnings per share for the quarter, beating the consensus estimate of $0.171 by $0.03.
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 $0.21.
How many shares outstanding does Shopify have?
Shopify has 1,207,926,000 shares outstanding.
What happened to Shopify’s price movement after its last earnings report?
Shopify reported an EPS of $0.201 in its last earnings report, beating expectations of $0.171. Following the earnings report the stock price went down -18.585%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$77.16 (33.21% Upside)
$77.16 (33.21% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 81%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 3.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.39%
12-Months-Change
Fundamentals
Return on Equity
-2.40%
Trailing 12-Months
Asset Growth
1.35%
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
Q1 2024
0:00 / 0:00
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SHOP Stock 12 Month Forecast
Average Price Target
$77.16
▲(33.21% Upside)
Technical Analysis
Best Analysts Covering SHOP
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+80.32%
reiterated a buy rating 20 days ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +80.32% per trade.
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