Links

Homepage

Stock List

Search by Ticker

News

Login

Shopify Inc (TSX:SHOP)
Stock Analysis

SHOP.TO63.31
▲ 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.

Sector

It is in the technology sector.

Current Status of Shopify Inc

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

Financials

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%).

Risk

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

DAYS AG0PRICE
1061.36RISING
3055.43RISING
6060.295DROPPING
15046.55RISING
365846.65DROPPING
8001490.95DROPPING
1200496.28RISING
1600186.23RISING
2000122.92RISING


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

How Shopify, Unity Software, and Others Are Unlocking Growth With Generative AI

Wed, 29 Mar 2023 13:53:11 Could the ease of using creative software bring a new wave of users and customers to these platforms?... Read Full Article

15 Biggest SaaS Companies in the World

Wed, 29 Mar 2023 12:38:47 In this article, we discuss the 15 biggest SaaS companies in the world. To skip the detailed analysis of the SaaS market, go directly to the 5 Biggest SaaS Companies in the World. SaaS refers to a software delivery and licensing method ...... Read Full Article

Better Buy: Etsy vs. Shopify

Wed, 29 Mar 2023 12:25:00 The companies may operate in the same industry, but when you compare the two, there's a clear winner.... Read Full Article

Shopify (SHOP) Outpaces Stock Market Gains: What You Should Know

Mon, 27 Mar 2023 21:45:09 Shopify (SHOP) closed at $45.07 in the latest trading session, marking a +0.2% move from the prior day.... Read Full Article

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

Mon, 27 Mar 2023 14:09:43 Shopify (NYSE: SHOP) has delivered incredible returns to investors in its short time as a public company. This video will highlight its journey. *Stock prices used were the afternoon prices of March 24, 2023.... Read Full Article

3 Top Tech Stocks That Could Help Make You Rich by Retirement

Mon, 27 Mar 2023 01:13:00 Have you considered chip designer Advanced Micro Devices (NASDAQ: AMD), media-streaming technologist Roku (NASDAQ: ROKU), and e-commerce platform provider Shopify (NYSE: SHOP) yet? All three are poised to deliver wealth-building gains for patient investors. Under her steady hand, AMD has ...... Read Full Article

If the Market is Changing Its Mind About Shopify, Should You Buy?

Sun, 26 Mar 2023 14:15:00 E-commerce platform Shopify (NYSE: SHOP) has seen its shares jump some 10% this past month even as the broader market has remained about flat -- and there does not seem to be any obvious catalyst. Of course, stocks can rise or ...... Read Full Article

Better Buy: Alibaba vs. Shopify

Sun, 26 Mar 2023 14:00:00 Alibaba Group (NYSE: BABA) and Shopify (NYSE: SHOP) are two very different e-commerce companies. Alibaba owns Taobao and Tmall, the two largest consumer-to-consumer and business-to-consumer marketplaces, respectively, in China. Shopify doesn't operate any online marketplaces, unlike Alibaba.... Read Full Article

Shopify: Reassessing the E-commerce Powerhouse Amid Diminishing Profitability

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

11 Biggest Dropshipping Suppliers in USA

Fri, 24 Mar 2023 14:30:42 In this article, we take a look at 11 biggest dropshipping suppliers in USA. You can skip our detailed analysis of the dropshipping industry and go directly to the 5 biggest dropshipping suppliers in USA. The global dropshipping industry has a market ...... Read Full Article

New Shopify and Google Cloud AI Integration Brings Advanced Ecommerce Capabilities to Retailers and Merchants Worldwide

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

Why Shopify Is Investing Tons of Money in a Low-Margin Opportunity

Thu, 23 Mar 2023 10:57:00 At this point, it's no secret: E-commerce platform company Shopify (NYSE: SHOP) wants to go toe-to-toe with top competitor Amazon. In 2006, BCG published a paper explaining how growth affects top stocks.... Read Full Article

Is It Too Late to Buy Shopify Stock?

Thu, 23 Mar 2023 09:19:00 Shopify (NYSE: SHOP) has been on a roller-coaster ride on the stock market so far in 2023, as shares of the e-commerce platform provider have pulled back since the release of its fourth-quarter 2022 results on Feb. 15. Shares of the company sank ...... Read Full Article

Web3 Community Management Platform TYB Joins Shopify App Store

Wed, 22 Mar 2023 14:00:00 TYB (Try Your Best) is built on the Avalanche blockchain and provides brands with tools to expand their customer loyalty programs.... Read Full Article

Is Shopify Stock a Buy Now? Shopify Stock Analysis

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

Is Shopify a Great Growth Stock to Buy Now?

Wed, 22 Mar 2023 12:37:00 The investment thesis for Shopify (NYSE: SHOP) has changed dramatically over the past couple of years thanks to the shift to online shopping during the pandemic. Shopify's latest earnings results reveal the next source(s) of growth. Let's take a ...... Read Full Article

10 Best Delivery Stocks To Buy Now

Wed, 22 Mar 2023 12:33:05 In this piece, we will take a look at the ten best delivery stocks to buy now. For more stocks, head on over to 5 Best Delivery Stocks To Buy Now. The delivery industry is one of the most important sectors ...... Read Full Article

3 Stocks That Could Rocket If a Major Recession Doesn’t Materialize

Wed, 22 Mar 2023 02:23:23 There are plenty of reasons why investors believe a major recession could be on the horizon. Sticky and persistent inflation has continued to put pressure on low- and middle-income workers. The impressive rate-hiking cycles by the Federal Reserve and other ...... Read Full Article

Best Growth Stock to Buy: Palantir vs. Shopify vs. DraftKings

Tue, 21 Mar 2023 12:00:00 Palantir (NYSE: PLTR), Shopify (NYSE: SHOP), and DraftKings (NASDAQ: DKNG) are each growing revenue robustly. However, only one of them can be the best growth stock to buy. In this video, I will tell you which one.... Read Full Article

1 Warren Buffett Stock Down 91% to Buy Before the Next Bull Rally

Tue, 21 Mar 2023 10:13:00 After reporting some frightening losses, this Brazillian e-commerce company has swung back to profitability.... Read Full Article
<