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Shopify Inc (TSX:SHOP)
The following stock analysis is based on 5.8 years of data (i.e. since May 21, 2015). All the stock history has been downloaded.
Shopify Inc trades on the Toronto exchange in CAD dollars.
It is in the technology sector.
It is currently trading at $1648.73 ($1572.49 the previous day).
The next reporting date is in 64 days (2021 05 04).
CNN estimates profits for the upcoming quarter will be $0.70 per share ($848.3M). The current Canada / US exchange rate is 1.27254.
The year over year average increase is 122.7% per year assuming steady exponential growth. The actual 5 year average is 104.72. Details on the individual increase in one year intervals is provided below.
|Past Performance||Average Price||Percent Change|
|1 year||1152.858502907||170.2||+ Above Average|
|2 year||426.61347222222||119.7||+ Above Average|
|3 year||194.13661087866||48.4||- Below Average|
|4 year||130.8487854251||146.1||+ Above Average|
|5 year||53.178489795918||39.2||- Below Average|
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.
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.
Tech: 3 Monster Earnings ReportsSun, 28 Feb 2021 01:28:08 We've finally got full-year figures from Shopify, Twilio, and Palantir -- three businesses that had absolutely banner years in 2020.... Read Full Article
Inflation Perfect Storm: The Fed's Dual ConundrumFri, 26 Feb 2021 21:29:09 As inflation takes off, the Fed may be trapped to let it run very hot just to get employment back.... Read Full Article
Better Buy: Shopify vs. Zoom Video CommunicationsFri, 26 Feb 2021 14:15:00 Not surprisingly, Shopify (NYSE: SHOP) and Zoom Video Communications (NASDAQ: ZM) benefited greatly from these secular shifts and made many investors much wealthier in the process. In fact, share prices of Shopify soared 160%, and Zoom stock surged 288% over the last ...... Read Full Article
Is it Time to Buy the Shopify Dip?Fri, 26 Feb 2021 13:00:00 Shopify Investors Relations just reported earnings and they seem to be great but the stock price has been pretty volatile. Is it time to buy the stock 2021?... Read Full Article
Shopify Completes Offering of Class A Subordinate Voting SharesThu, 25 Feb 2021 21:19:00 Internet, Everywhere--(Newsfile Corp. - February 25, 2021) - Shopify Inc. (NYSE: SHOP) (TSX: SHOP) ("Shopify") today announced that it has completed its previously announced public offering of 1,180,000 Class A subordinate voting shares (the "Offered Shares") at a price to the public ...... Read Full Article
Screen Of The Day: These 5 Top Growth Stocks With Rising Profit Estimates Near Buy PointWed, 24 Feb 2021 20:09:27 Investors searching for stocks to buy or watch should check out IBD Screen Of The Day, which focuses on a list of top ideas in the IBD Stock Screener.... Read Full Article
What Can We Learn From Berkshire Hathaway's First 13F Filing of 2021?Wed, 24 Feb 2021 14:58:00 Discussing the latest surprising numbers in retail and the latest investments for Berkshire Hathaway.... Read Full Article
Is Baozun Stock a Buy?Wed, 24 Feb 2021 13:43:56 China's leading e-commerce services company for foreign firms still has plenty of room to run in 2021.... Read Full Article
How Measuring and Reducing Emissions Has Become Its Own BusinessWed, 24 Feb 2021 11:00:31 (Bloomberg) -- A new startup run by former employees of the payment processor Stripe Inc. will help companies analyze the full range of their carbon emissions and figure out the best way to reduce and offset them.Watershed Technology Inc., ...... Read Full Article
Why Shopify Stock Dropped TodayWed, 24 Feb 2021 00:15:00 What happened Shares of Shopify (NYSE: SHOP) fell 6% on Tuesday after the online retail platform announced a public stock offering. So what Shopify will sell 1.18 million shares to investors at a price of $1,315 per share.... Read Full Article
Dow Jones Shows Strength Amid Tech Sell-Off; Bitcoin Dives, But Shopify Stock Bounces Off Key Support LevelTue, 23 Feb 2021 20:35:41 The Dow Jones held up relatively well Tuesday as technology stocks sold off hard, but the Nasdaq was off lows and back above its 50-day moving average.... Read Full Article
Shopify Raises $1.55 Billion in Stock Offering as Shares Sell Off SharplyTue, 23 Feb 2021 15:45:00 (SHOP) shares are trading lower Tuesday after the company sold 1.18 million Class A shares at $1,315 apiece, a 4.8% discount to Monday’s closing price at $1,381.30. The e-commerce software company said the offering will provide $1.55 billion in gross proceeds. Shopify (ticker: SHOP) ...... Read Full Article
Amazon's Acquisition of Selz Speaks Volumes for Shopify, BigCommerceTue, 23 Feb 2021 15:41:56 The king of online shopping is showing fresh interest in a business it's already abandoned. Take the hint.... Read Full Article
Shopify Lower on Plan for $1.55 Billion Stock OfferingTue, 23 Feb 2021 12:32:00 Shopify plans a $1.55 billion stock sale to strengthen its balance sheet. Analysts are concerned that the stock may be overvalued.... Read Full Article
Shopify Raises $1.55B At 4.8% Discount To Strengthen Balance SheetTue, 23 Feb 2021 10:44:42 Global commerce company Shopify Inc. (NYSE: SHOP) priced 1.18 million shares at $1,315 per share in a secondary offering to raise $1.55 billion. The offer price signifies a 4.8% discount to Monday's closing price of $1,381.30. The offering proceeds will be utilized to strengthen its ...... Read Full Article
Shopify Prices Offering of Class A Subordinate Voting SharesTue, 23 Feb 2021 07:24:00 Shopify Inc. (NYSE:SHOP)(TSX:SHOP) ("Shopify") today announced the pricing of its previously announced public offering of 1,180,000 Class A subordinate voting shares (the "Offered Shares") at a price to the public of US$1,315 per share (the "Offering"). The gross ...... Read Full Article
BigCommerce Edges Higher On Strong Fourth-Quarter ResultsMon, 22 Feb 2021 22:35:00 Shares of the Shopify rival have fallen significantly from their post-IPO highs. But the company's CFO says the shift to e-commerce is just getting started.... Read Full Article
Shopify Launches Offering of Class A Subordinate Voting SharesMon, 22 Feb 2021 21:35:00 Shopify Inc. (NYSE:SHOP)(TSX:SHOP) ("Shopify") today announced that it has filed a preliminary prospectus supplement (the "Preliminary Supplement") to its short form base shelf prospectus dated August 6, 2020 (the "Base Shelf Prospectus"). The Preliminary Supplement was filed in connection ...... Read Full Article
Amid Black History Month Drops, Brands Discuss Diversity Efforts Beyond ProductMon, 22 Feb 2021 12:00:41 Following last summer’s racial justice protests and the police killing of George Floyd, companies across industries vowed to improve diversity.... Read Full Article
Your 2 Best Profit Opportunities in 2021Sat, 20 Feb 2021 12:40:00 Infinity Pharmaceuticals is my pick for Stock of the Year. And Shopify is my selection for Stock of the Decade.... Read Full Article