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Shopify Inc (TSX:SHOP)
Stock Analysis

SHOP.TO1166.59
▲ 3.26%36.82

Stock Analysis

The following stock analysis is based on 6.7 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 $1166.59 ($1129.77 the previous day).

Financials

The next reporting date is in 20 days (2022 02 16).

CNN estimates profits for the upcoming quarter will be $1.31 per share ($1.3B). The current Canada / US exchange rate is 1.25904.



Will This Trend Continue?

The year over year average increase is 73.9% per year assuming steady exponential growth. The actual 5 year average is 110.12. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year1688.122447698754.3- Below Average
2 year1093.7589912281178.6+ Above Average
3 year392.63957345972106.1- Below Average
4 year190.4772653061259.2- Below Average
5 year119.67348484848152.4+ Above Average
Shopify Inc is projected by analysts to get to $1920.036 within the next 12 months (64.6%), but preticted targets range from as high as $4154.832 (256.2%) and as low as $1573.8(34.9%).

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
101333.06DROPPING
301813.55DROPPING
602060DROPPING
1501930.59RISING
3651510.85RISING
800413.19RISING
1200176.2RISING
1600138.03RISING
200047.96RISING
!!!!!!!!!!!! WARNING STOCK DROPPING !!!!!!!!!!!!!!!!!

With an average increase of 73.9% year over year, if Shopify Inc is bought at the worst time, Stockmarketizer analysts estimate it will take 16.2 months before the stock will recover to the original purchase price. The P/E value is 34.22. The stock is under valued as the industry standard in the technology sector is a P/E of 41.54.

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

Shopify to Announce Fourth-Quarter 2021 Financial Results February 16, 2022

Wed, 26 Jan 2022 12:00:00 Internet, Everywhere--(Newsfile Corp. - January 26, 2022) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, plans to announce financial results for its fourth quarter ended December 31, 2021 before markets open on Wednesday, February 16, 2022.Shopify's management team ...... Read Full Article

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Stock Of The Day: This E-Commerce Firm Flagged Sell Signals Before 2022 Bust

Tue, 25 Jan 2022 21:40:25 Shopify is the IBD Stock Of The Day as an example of how to use sell rules. SHOP stock has plunged in 2022.... Read Full Article

Market check: Stocks fall across the board, bitcoin rallies

Tue, 25 Jan 2022 16:20:37 Yahoo Finance Live's Jared Blikre discusses the stock market falling as investors await this week's Fed policy-setting meeting, the correlation between bitcoin and tech stocks, and how increasing tensions between Russia and Ukraine are affecting global stocks.... Read Full Article

Why Shopify Stock Is Down Sharply on Tuesday

Tue, 25 Jan 2022 16:04:38 Shares of e-commerce platform provider Shopify (NYSE: SHOP) took a hit on Tuesday, extending a bearish trend for shares this year. The growth stock is likely down due to a combination of a tough day in the overall market and ...... Read Full Article

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Is Shopify Stock a Buy Now?

Tue, 25 Jan 2022 14:12:24 E-commerce giant Shopify (NYSE: SHOP) has been a market darling, appreciating more than 3,000% since going public in 2015. Why is Shopify's stock price falling? There are a few potential things to point to in Shopify's case.... Read Full Article

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Shopify eases concerns over fulfillment network changes, shares rebound

Mon, 24 Jan 2022 18:41:01 Canada's Shopify Inc said on Monday proposed changes to its fulfillment network would help merchants on its ecommerce platform compete better with big retailers and would not reduce capacity, fueling a recovery in its shares. Wall Street had raised concerns ...... Read Full Article

SHOP Stock: 17 Reasons Why Shopify Investors Are Feeling Skittish Today

Mon, 24 Jan 2022 17:40:39 Shopify (NYSE:SHOP) stock is on the move today as investors react to the last few days of news concerning the e-commerce company. Source: justplay1412 / Shutterstock.com Let’s dive into the most recent news from the company below! Shopify ...... Read Full Article

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Shopify’s Shrinking Valuation Summons the Curse of Canadian Tech

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