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Shopify Inc., founded in 2006 and headquartered in Ottawa, Ontario, is a leading Canadian multinational e-commerce company. It offers the Shopify platform, a proprietary e-commerce platform for online stores and retail point-of-sale systems. The platform provides a suite of services, including payments, marketing, shipping and customer engagement tools, catering to over 2 million businesses in approximately 175 countries. Shopify's mission is to help people achieve independence by making it easier to start, run and grow a business, thereby reducing the barriers to business ownership and making commerce better for everyone
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- Choose a stock trading platform. Use our comparison table
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – SHOP. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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Shopify stock price (NYSE: SHOP)
Use our graph to track the performance of SHOP stocks over time.Shopify shares at a glance
Open | $83.61 |
---|---|
High | $83.77 |
Low | $80.46 |
Close | $81.98 |
Previous close | $83.68 |
Change | $-1.70 |
Change % | -2.0315% |
Volume | 2,812,354 |
52-week range | $45.50 - $91.57 |
---|---|
50-day moving average | $77.05 |
200-day moving average | $72.17 |
Wall St. target price | $114.48 |
PE ratio | 80.6263 |
Dividend yield | N/A |
Earnings per share (TTM) | $0.99 |
Is it a good time to buy Shopify stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Shopify price performance over time
Historical closes compared with the close of $79.87 from 2024-10-25
1 week (2024-10-23) | 0.26% |
---|---|
1 month (2024-09-30) | -0.34% |
3 months (2024-07-30) | 34.92% |
6 months (2024-04-30) | 13.77% |
1 year (2023-10-30) | 70.23% |
---|---|
2 years (2022-10-28) | 133.61% |
3 years (2021-10-29) | 1466.73 |
5 years (2019-10-30) | 319.12 |
Is Shopify stock undervalued or overvalued?
Valuing Shopify stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shopify's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Shopify's P/E ratio
Shopify's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 81x. In other words, Shopify shares trade at around 81x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Shopify's PEG ratio
Shopify's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1192. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shopify's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Shopify's EBITDA
Shopify's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $991 million.
The EBITDA is a measure of a Shopify's overall financial performance and is widely used to measure a its profitability.
Shopify financials
Revenue TTM | $7.8 billion |
---|---|
Operating margin TTM | 13.84% |
Gross profit TTM | $2.8 billion |
Return on assets TTM | 5.63% |
Return on equity TTM | 15.31% |
Profit margin | 16.4% |
Book value | $7.11 |
Market Capitalization | $102.9 billion |
TTM: trailing 12 months
Shopify share dividends
We're not expecting Shopify to pay a dividend over the next 12 months.
Have Shopify's shares ever split?
Shopify's shares were split on a 10:1 basis on 28 June 2022 . So if you had owned 1 share the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your Shopify shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for Shopify shares which in turn could have impacted Shopify's share price.
Shopify share price volatility
Over the last 12 months, Shopify's shares have ranged in value from as little as $45.5 up to $91.57. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Shopify's is 2.361. This would suggest that Shopify's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Shopify overview
Shopify Inc. , a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011.
Frequently asked questions
OVERWRITE^ Is Shopify stock a buy or hold?Based on the information available, Shopify (NYSE: SHOP) stock is currently rated as a ""Buy"" by analysts, with a 12-month stock price forecast of $63.98, representing a decrease of -10.06% from the latest price. Where will Shopify stock be in five years?
The stock has been the subject of various analyst actions, with some downgrades and upgrades based on the company's performance and investor day events. What is Shopify stocks called?
Shopify stock is publicly traded on the New York Stock Exchange under the ticker symbol "SHOP." Is Shopify publicly traded?
As for where Shopify stock will be in five years, the future performance of the stock is uncertain and depends on various factors, including the company's growth, market conditions and industry trends." What percentage of Shopify is owned by insiders or institutions?
Currently 0.183% of Shopify shares are held by insiders and 70.375% by institutions. How many people work for Shopify?
Latest data suggests 8,300 work at Shopify. When does the fiscal year end for Shopify?
Shopify's fiscal year ends in December. Where is Shopify based?
Shopify's address is: 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8 What is Shopify's ISIN number?
Shopify's international securities identification number is: US82509L1070 What is Shopify's CUSIP number?
Shopify's Committee on Uniform Securities Identification Procedures number is: 82509L107
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