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Shopify Inc (TSX:SHOP)
Stock Analysis

▲ 5.08%3.06

Stock Analysis

The following stock analysis is based on 7.9 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.


It is in the technology sector.

Current Status of Shopify Inc

It is currently trading at $63.31 ($60.25 the previous day).


The next reporting date is in 33 days (2023 05 02).

The current Canada / US exchange rate is 1.3561.

Will This Trend Continue?

The year over year average increase is -18.3% per year assuming steady exponential growth. The actual 5 year average is 57.28. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year191.90672413793-87.9- Below Average
2 year1592.510872340428.9- Below Average
3 year1235.8434202454159.6+ Above Average
4 year476.09680365297132.7+ Above Average
5 year204.5685606060653.1- Below Average
Shopify Inc is projected by analysts to get to $67.805 within the next 12 months (7.1%), but preticted targets range from as high as $88.1465 (39.2%) and as low as $43.3952(-31.5%).


The worst drop it has had in recent years is -99.7%. 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


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.

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Yahoo News Feed

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If You Invested $10,000 in Shopify Stock in 2015, This Is How Much You Would Have Today

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Fri, 24 Mar 2023 19:46:40 Shopify's growth rates have normalized, putting further pressure on its bottom line... Read Full Article

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Thu, 23 Mar 2023 13:00:00 Ahead of Shoptalk 2023, one of the retail industry's most important events, Shopify Inc. (NYSE:SHOP)(TSX:SHOP) and Google Cloud today announced a new integration that enables retailers using Commerce Components—Shopify's enterprise retail solution—to leverage Google-quality search capabilities ...... Read Full Article

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Wed, 22 Mar 2023 13:22:08 The pandemic fueled Shopify (NYSE: SHOP) stock to all-time highs of $169 in 2021. However, the combination of a reopening economy and a bear market proved to be a toxic concoction that dropped the stock back to pre-pandemic levels.... Read Full Article

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