SHOP 📈 Shopify - Overview
Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA82509L1076
SHOP: Ecommerce Platform, Online Storefronts, Payment Processing, Inventory Management
Shopify Inc., a leading commerce company, operates a comprehensive platform that empowers merchants to manage and grow their businesses across multiple sales channels, including web and mobile storefronts, physical retail locations, and social media platforms. The platform provides a range of tools and services that enable merchants to display and manage their products, process orders and payments, fulfill and ship orders, and build customer relationships. Additionally, the platform offers features such as product and inventory management, analytics and reporting, and access to financing, allowing merchants to optimize their operations and make data-driven decisions.
The company's platform is highly scalable and flexible, allowing merchants to sell their products through various channels, including online marketplaces, native mobile apps, and buy buttons. Shopify also provides a range of merchant solutions, including payment processing, shipping, and working capital financing, which helps merchants to streamline their operations and improve their cash flow. Furthermore, the company offers custom themes and apps, as well as domain name registration services, which enable merchants to create a unique and professional online presence. With its global reach, Shopify operates in numerous countries across North America, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America.
Shopify Inc. has a long history, dating back to 2004 when it was founded as Jaded Pixel Technologies Inc. The company changed its name to Shopify Inc. in November 2011 and has since become one of the leading commerce companies in the world. Headquartered in Ottawa, Canada, Shopify is listed on the New York Stock Exchange (NYSE) under the ticker symbol SHOP and is classified as a common stock with the ISIN code CA82509L1076. The company operates in the Internet Services & Infrastructure sub-industry, according to the Global Industry Classification Standard (GICS). More information about Shopify can be found on its website at https://www.shopify.com.
Additional Sources for SHOP Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SHOP Stock Overview
Market Cap in USD | 141,303m |
Sector | Technology |
Industry | Software - Application |
GiC Sub-Industry | Internet Services & Infrastructure |
IPO / Inception | 2015-05-21 |
SHOP Stock Ratings
Growth 5y | 32.3% |
Fundamental | 46.7% |
Dividend | - |
Rel. Strength Industry | 71.7 |
Analysts | 3.92/5 |
Fair Price Momentum | 101.98 USD |
Fair Price DCF | 18.20 USD |
SHOP Dividends
No Dividends PaidSHOP Growth Ratios
Growth Correlation 3m | 80.9% |
Growth Correlation 12m | 24.5% |
Growth Correlation 5y | -22.7% |
CAGR 5y | 22.80% |
CAGR/Mean DD 5y | 0.54 |
Sharpe Ratio 12m | 0.84 |
Alpha | -10.38 |
Beta | 2.22 |
Volatility | 63.73% |
Current Volume | 6709.5k |
Average Volume 20d | 7263.8k |
As of December 22, 2024, the stock is trading at USD 108.95 with a total of 6,709,471 shares traded.
Over the past week, the price has changed by -7.15%, over one month by +2.37%, over three months by +36.08% and over the past year by +36.66%.
Partly, yes. Based on ValueRay Fundamental Analyses, Shopify (NYSE:SHOP) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 46.67 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHOP as of December 2024 is 101.98. This means that SHOP is currently overvalued and has a potential downside of -6.4%.
Shopify has received a consensus analysts rating of 3.92. Therefor, it is recommend to buy SHOP.
- Strong Buy: 21
- Buy: 9
- Hold: 20
- Sell: 1
- Strong Sell: 1
According to ValueRays Forecast Model, SHOP Shopify will be worth about 117.7 in December 2025. The stock is currently trading at 108.95. This means that the stock has a potential upside of +8.01%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 108.3 | -0.6% |
Analysts Target Price | 66.1 | -39.3% |
ValueRay Target Price | 117.7 | 8% |