Shopify
SHOP
Market cap $106B

82.43 USD

+4.29

5.49%

At close Oct 4, 4:00 PM EDT

After hours

82.43

+0.00

0%

1 day

5.49%

5 days

4.25%

1 month

23.01%

3 months

22.41%

6 months

10.82%

Year to date

11.65%

1 year

53.64%

5 years

152.62%

About: Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

Employees: 11,600

0

Funds holding %

of 6,728 funds

0

Analysts bullish %

of 25 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

52% more repeat investments, than reductions

Existing positions increased: 520 | Existing positions reduced: 343

45% more call options, than puts

Call options by funds: $2.58B | Put options by funds: $1.78B

1% less funds holding

Funds holding: 1,181 [Q1] → 1,173 (-8) [Q2]

5% less first-time investments, than exits

New positions opened: 144 | Existing positions closed: 152

1.98% less ownership

Funds ownership: 69.27% [Q1] → 67.28% (-1.98%) [Q2]

3% less funds holding in top 10

Funds holding in top 10: 31 [Q1] → 30 (-1) [Q2]

16% less capital invested

Capital invested by funds: $64.5B [Q1] → $53.9B (-$10.6B) [Q2]

See Fund Rankings

Research analyst outlook

25 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$65

21%

downside

Avg. target

$79

4%

downside

High target

$103

25%

upside

25 analyst ratings

15 positive

60%

10 neutral

40%

0 negative

0%

Barclays Trevor Young 61% 1-year accuracy 17 / 28 met price target	15%downside $70	Equal-Weight Maintained	1 Oct 2024
Citigroup Tyler Radke 59% 1-year accuracy 30 / 51 met price target	25%upside $103	Buy Maintained	30 Sept 2024
Cantor Fitzgerald Deepak Mathivanan 63% 1-year accuracy 22 / 35 met price target	15%downside $70	Neutral Reiterated	30 Sept 2024
Cantor Fitzgerald Deepak Mathivanan 63% 1-year accuracy 22 / 35 met price target	15%downside $70	Neutral Reiterated	23 Sept 2024
Redburn Atlantic Dominic Ball 50% 1-year accuracy 1 / 2 met price target	20%upside $99	Buy Upgraded	17 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 41 articles about SHOP published over the past 30 days

The Motley Fool

Interest Rate Cuts Could Be a Catalyst for Growth Stocks: 2 Stocks to Buy and Hold

Both stocks are riding the wave of industries with powerful long-term tailwinds.

Interest Rate Cuts Could Be a Catalyst for Growth Stocks: 2 Stocks to Buy and Hold

Shopify: I Was Wrong (Rating Upgrade)

Shopify's stock has rebounded over 43% since my last coverage, outperforming the S&P 500, driven by strong earnings and forward guidance. Shopify's Q2 earnings beat expectations with $0.26 per share and $2.05 billion in revenue, showing robust growth despite challenging consumer spending conditions. Recent price action has been stable, with support zones established, suggesting potential for further gains if resistance at $91.57 is breached.

Shopify: I Was Wrong (Rating Upgrade)

The Motley Fool

Is Shopify Stock a Buy at Under $100?

Shopify stock is far from its all-time high, but the company is more profitable today.

Is Shopify Stock a Buy at Under $100?

Shopify stock analysis: valuation concerns remain, Oct. 25 will be key

Shopify (SHOP) stock price has crawled back recently, fueled by improving business conditions, a strong equity market, and the ongoing interest rate cuts by top central banks. The stock rose to a high of $82.45, its highest level since February this year, and 236% above its lowest point in 2023.

Shopify stock analysis: valuation concerns remain, Oct. 25 will be key

The Motley Fool

5 Top Stocks to Buy in October

This basket of growth stocks, value stocks, and a high-yield dividend stock can help round out your portfolio this fall.

5 Top Stocks to Buy in October

Zacks Investment Research

Shopify (SHOP) Is Considered a Good Investment by Brokers: Is That True?

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Shopify (SHOP) Is Considered a Good Investment by Brokers: Is That True?

Zacks Investment Research

Why Shopify (SHOP) Outpaced the Stock Market Today

The latest trading day saw Shopify (SHOP) settling at $79.10, representing a +0.83% change from its previous close.

Why Shopify (SHOP) Outpaced the Stock Market Today

24/7 Wall Street

Cathie Wood Stocks (CRSP, SHOP, SQ) Could Actually Be Darn Good Picks

Cathie Wood is the founder and CEO of Ark Invest, an asset management firm focusing on disruptive innovation, with approximately $14 billion in assets across six actively managed ETFs, two index ETFs, and a private equity fund. She gained recognition in 2020 when all six Ark ETFs posted over 100% returns, far outpacing the S&P 500's 16% growth.

Cathie Wood Stocks (CRSP, SHOP, SQ) Could Actually Be Darn Good Picks

Zacks Investment Research

Shopify (SHOP) Is Up 0.62% in One Week: What You Should Know

Does Shopify (SHOP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Shopify (SHOP) Is Up 0.62% in One Week: What You Should Know

Shopify's Momentum: Strong Earnings and Strategic Growth in the Face of Economic Headwinds

Over the past few quarters, Shopify's stock has been on a rollercoaster ride, with notable price volatility. However, the company's Q2 FY24 earnings report brought some much-needed optimism, as the stock surged over 22% on the day of the announcement last week.

Shopify's Momentum: Strong Earnings and Strategic Growth in the Face of Economic Headwinds

See News Rankings

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