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Shopify (TSE:SHOP)
TSX:SHOP
Holding TSE:SHOP?
Track your performance easily
SHOP Stock Chart & Stats
Day’s Range― - ―
52-Week RangeC$72.36 - C$171.84
Previous CloseN/A
Volume577.57K
Average Volume (3M)2.02M
Market Cap
$193.45B
Enterprise ValueC$135.96B
Total Cash (Recent Filing)$392.41M
Total Debt (Recent Filing)$12.63M
Price to Earnings (P/E)100.8
Beta2.02
Next Earnings
Feb 12, 2025EPS Estimate
0.61Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.45
Shares Outstanding1,212,833,400
10 Day Avg. Volume1,581,569
30 Day Avg. Volume2,020,176
Standard Deviation0.18
R-Squared0.31
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)16.36
Price to Cash Flow (P/CF)79.40
P/FCF Ratio79.80
Enterprise Value/Market Cap0.70
Enterprise Value/Revenue22.41
Enterprise Value/Gross Profit38.68
Enterprise Value/Ebitda162.82
Forecast
1Y Price Target
C$168.11Price Target Upside14.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering36
Shopify News
Bulls Say, Bears Say
Bulls Say
Market ExpansionShopify can continue to take share of the $6T+ eCommerce market, with significant runway in newer categories like B2B, offline, and international markets.
Platform EnhancementsShopify released enhancements to its platform, improving checkout load times by up to 50%, which can drive incremental conversions for merchants.
Revenue GrowthShopify reported very strong Q3 results, which amounted to 26% revenue growth and 19% FCF margins, both solidly ahead of expectations.
Bears Say
Financial PerformanceValuation of Shopify is considered challenging due to high multiples on future EBITDA and free cash flow.
Growth Projections3Q merchant checks suggest 17% year-over-year average growth, below the 22.5% GMV growth estimate.
Marketing StrategyThere is some concern about modest sales and marketing deleverage due to elevated performance marketing spend.
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Ownership Overview
0.19% Insiders
20.50% Mutual Funds
0.29% Other Institutional Investors
70.75% Public Companies and Individual Investors
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 C$72.36 and its highest was C$171.84 in the past 12 months.
What is Shopify’s market cap?
Shopify’s market cap is $193.45B.
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Feb 12, 2025 which is in 28 days.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Nov 12, 2024. The company reported C$0.491 earnings per share for the quarter, beating the consensus estimate of C$0.377 by C$0.114.
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 0.61.
How many shares outstanding does Shopify have?
Shopify has 1,212,833,400 shares outstanding.
What happened to Shopify’s price movement after its last earnings report?
Shopify reported an EPS of C$0.491 in its last earnings report, beating expectations of C$0.377. Following the earnings report the stock price went up 21.449%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$168.11 (14.77% Upside)
C$168.11 (14.77% Upside)
Blogger Sentiment
Bullish
TSE:SHOP Sentiment 84%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $31.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.01%
12-Months-Change
Fundamentals
Return on Equity
13.67%
Trailing 12-Months
Asset Growth
17.82%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in GMV, revenue, and international markets, alongside the expansion of Shopify Payments and enterprise adoption. Some challenges were noted in partnership revenues and payment margins in Europe. Overall, the positive developments significantly outweighed the lowlights.Read More>---
SHOP Stock 12 Month Forecast
Average Price Target
C$168.11
▲(14.77% Upside)
Technical Analysis
Shopify Inc.
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Best Analysts Covering SHOP
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+75.21%
assigned a buy rating 2 months ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +75.21% per trade.
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