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Shopify Inc (TSX:SHOP)
Stock Analysis

SHOP.TO1311.64
▲ 1.24%16.01

Stock Analysis

The following stock analysis is based on 5.2 years of data (i.e. since May 21, 2015). All the stock history has been downloaded.

Stock Exchange

Shopify Inc trades on the Toronto exchange in CAD dollars.

Sector

It is in the technology sector.

Current Status of Shopify Inc

It is currently trading at $1311.64 ($1295.63 the previous day).

Financials

The next reporting date is in 82 days (2020 11 03).

CNN estimates profits for the upcoming quarter will be $0.40 per share ($636.2M). The current Canada / US exchange rate is 1.32317.



Will This Trend Continue?

The year over year average increase is 95.5% per year assuming steady exponential growth. The actual 5 year average is 94.18. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year799.17741438356204.1+ Above Average
2 year262.8411618257360.9- Below Average
3 year163.3652301255289.7- Below Average
4 year86.102571428571120.5+ Above Average
5 year39.055058139535-4.3- Below Average
Shopify Inc is projected by analysts to get to $1473.0057708 within the next 12 months (12.3%), but preticted targets range from as high as $1852.438 (41.2%) and as low as $595.4265(-54.6%).

Risk

The worst drop it has had in recent years is -45.4%. It has a few bumps shape to the stock curve, which means the stock generally continues on a consistent trend and does not have to be checked often, but can have some variation during periods of volitility.

Stock shape test

DAYS AG0PRICE
101369.78DROPPING
301402.41DROPPING
60988.02RISING
150546.47RISING
365488.36RISING
800202.62RISING
1200103.72RISING
160035.85RISING
2000RISING


With an average increase of 95.5% year over year, if Shopify Inc is bought at the worst time, Stockmarketizer analysts estimate it will take 5.7 months before the stock will recover to the original purchase price.

About Shopify

Shopify is a technology company that provides an online subscription based platform for companies to sell their products instore from tablets or online. Their subscription based revenue generation allows them to continue to grow their bottom line, making Shopify one of the most profitable publicly traded companies in 2019 (see above chart).

Shopify appeals to start-up companies by providing a platform that can host their website with built in templates that are easy to use without requiring knowledge on web programming. Advanced users can still customize their websites if they have advanced knowledge of cascading style sheets. Shopify offers expert advice to help acquire the audience interested in purchasing the products being sold. It is sometimes referred to as a competitor to Amazon.

Tradingview BuySell Widget

Yahoo News Feed

Should I Buy Shopify Stock Right Now?

Wed, 12 Aug 2020 12:30:00 Speaking during a second-quarter earnings conference call about how COVID-19 affected his company, Shopify Chief Operating Officer Harley Finkelstein noted, "It has catalyzed e-commerce, introducing major changes in buyer behavior and pulling forward what retail would look like in 2030 into 2020." ...... Read Full Article

Our Pandemic Love Affair With E-Commerce Could Soon Sour

Tue, 11 Aug 2020 13:30:02 (Bloomberg Opinion) -- E-commerce stocks were some of the biggest winners in the second quarter, with such companies as Shopify, Wayfair and Etsy reporting year-over-year revenue growth of about 100%, thanks to consumers ordering things online in the pandemic. A decade ...... Read Full Article

2 Top Tech Stocks to Buy During a Recession

Tue, 11 Aug 2020 12:00:00 On the contrary, some companies are actually thriving during the current recession, including Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP). Amazon has received a lot of attention lately because its massive e-commerce platform saw a spike in demand from stay-at-home ...... Read Full Article

Why Alcoa Stock Rose Today, But Shopify and Zoom Video Shares Dropped

Mon, 10 Aug 2020 21:42:00 The Dow Jones index of blue chip industrial stocks climbed 1.3% on Monday while the tech heavy Nasdaq slumped 0.4%. Shares of tech stars Shopify (NYSE: SHOP) and Zoom Video Communications (NASDAQ: ZM) dropped 4.5% and 3.4%, respectively, but industrial stalwart Alcoa (NYSE: AA) ...... Read Full Article

These 3 Highflying Work-From-Home Tech Stocks Still Look Hot – Hereand's Where To Buy Them

Thu, 06 Aug 2020 20:12:50 Dan Fitzpatrick of The Stock Market Mentor analyzes highflying tech stocks that are potentially actionable: Shopify stock, Dynatrace stock and Zoom stock.... Read Full Article

BigCommerce Stock Quadruples IPO Price on Bullish View of E-Commerce

Thu, 06 Aug 2020 18:47:00 The e-commerce software company, which went public at $24 a share on Wednesday, is trading sharply higher again on Thursday, soaring around $100 a share.... Read Full Article

Surging Earnings Estimates Signal Good News for Shopify (SHOP)

Thu, 06 Aug 2020 12:48:12 Shopify (SHOP) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.... Read Full Article

Rocket Mortgage Just Priced Its IPO. Here’s What We Know.

Thu, 06 Aug 2020 11:51:00 Rocket Companies, the parent of Rocket Mortgage and Quicken Loans, will raise $1.8 billion in one of the biggest IPOs of the year so far. It’s an enormous disappointment.... Read Full Article

Shopify Rival BigCommerce Soars Up To 292% On Debut After $216M IPO

Thu, 06 Aug 2020 06:04:08 BigCommerce Holdings Inc (NASDAQ: BIGC) shares skyrocketed on the first day of trading at Nasdaq Stock Market on Wednesday.What Happened The Austin, Texas-based companyand's shares opened at $68, and soared as much as 292% to $93.99 in intraday trading, on its debut....... Read Full Article

BigCommerce IPO Roars By Triple Digits As Trading Gets Underway

Wed, 05 Aug 2020 20:21:21 The BigCommerce IPO jumped more than 200% as trading began for the e-commerece company that received heightened interest from institutional investors. The IPO priced above its range.... Read Full Article

Wayfair Earnings Crushed Estimates. The Stock Is Bouncing Back.

Wed, 05 Aug 2020 15:55:00 The online home-furnishings seller posted better-than-expected June-quarter results but declined to give guidance for the current quarter, citing ongoing uncertainties tied to the pandemic.... Read Full Article

Forget Amazon: eBay Now Has a Shopify Problem

Wed, 05 Aug 2020 13:48:00 In the late '90s when the dot-com craze was still fresh, dominance of the online shopping world was up for grabs. Since the early 2000s, Amazon has continued to widen its lead on the popular online auction site. As ...... Read Full Article

BigCommerce Triples in IPO, Joining a Crowded Online Field

Wed, 05 Aug 2020 13:38:14 By Christiana Sciaudone... Read Full Article

3 Stocks That Help Small Businesses Thrive

Wed, 05 Aug 2020 13:14:30 The technology companies that founders use to build innovative start-ups can tell investors a lot about where the market is going long term. Three of the companies that we've seen thrive on the back of these growing start-ups are Shopify (...... Read Full Article

The World’s Hottest Stock Is a Money-Losing Tech Giant Soaring 880%

Wed, 05 Aug 2020 10:00:38 (Bloomberg) -- It gets far less attention than Tesla, the FAANGs or even the Robinhood flavor of the week.Yet Sea Ltd. has quietly become the world’s best-performing large-cap stock, stoking a debate on Wall Street over whether the ...... Read Full Article

AKAM or SHOP: Which Is the Better Value Stock Right Now?

Tue, 04 Aug 2020 15:40:03 AKAM vs. SHOP: Which Stock Is the Better Value Option?... Read Full Article

BigCommerce Increases IPO Price Range as COVID-19 Drives E-Commerce Boom

Tue, 04 Aug 2020 12:00:00 Not long after filing its initial S-1 Registration Statement with the SEC, e-commerce upstart BigCommerce is increasing its anticipated IPO pricing range. Last week, BigCommerce expected that the deal would price at $18 to $20. Larger e-commerce companies Amazon.com (NASDAQ: AMZN) ...... Read Full Article

3 Stocks Immune to the Coronavirus

Tue, 04 Aug 2020 11:50:00 A little over six months ago, the World Health Organization declared the novel coronavirus a global health emergency. DocuSign (NASDAQ: DOCU), Shopify (NYSE: SHOP), and Veeva Systems Inc (NYSE: VEEV) are three stocks that have soundly beat the market over ...... Read Full Article

Why Shopify Stock Jumped on Monday

Mon, 03 Aug 2020 19:38:00 What happened Shares of Shopify (NYSE: SHOP) jumped on Monday, rising more than 6% as of 2:50 p.m. EDT. The stockand's gain likely reflects both broader-market bullish trends on Monday and exceptional strength in growth stocks like Shopify.... Read Full Article
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