Links

Homepage

Stock List

Search by Ticker

News

Login

Shopify Inc (TSX:SHOP)
Stock Analysis

SHOP.TO52.49
▼ -0.04%-0.02

Stock Analysis

The following stock analysis is based on 7.6 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 $52.49 ($52.51 the previous day).

Financials

The next reporting date is in 68 days (2023 02 15).

The current Canada / US exchange rate is 1.35927.



Will This Trend Continue?

The year over year average increase is -17.1% per year assuming steady exponential growth. The actual 5 year average is 69.6. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year565.44866666667-65.3- Below Average
2 year1630.864397590456.3- Below Average
3 year1043.3646845426192.3+ Above Average
4 year356.9908482142997.7+ Above Average
5 year180.5819923371667- Below Average
Shopify Inc is projected by analysts to get to $53.691165 within the next 12 months (2.3%), but preticted targets range from as high as $81.5562 (55.4%) and as low as $38.05956(-27.5%).

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
1049.18RISING
3043.33RISING
6037.35RISING
15046.08DROPPING
3651809.67DROPPING
8001290.74RISING
1200517.42RISING
1600225.03RISING
2000114.92RISING


The P/E value is 308.76. The stock is over 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.

Tradingview BuySell Widget

Yahoo News Feed

Why Shopify, Salesforce, and The Trade Desk Stock Fell This Week

Thu, 08 Dec 2022 20:15:18 Technology stocks reverted to their old ways this week and were declining as investors grew increasingly concerned that the Federal Reserve's commitment to interest rate increases could end up pushing the economy into a recession. Investors were also responding to ...... Read Full Article

3 Reasons an Analyst Says to Sell Shopify Stock. One Hint: Amazon.

Thu, 08 Dec 2022 15:58:00 Shopify has had a challenging year, and UBS doesn’t see a much brighter future for the e-commerce software company. UBS analyst Kunal Madhukar initiated coverage of Shopify (ticker: SHOP) with a Sell rating and a 12-month price target of $30. ...... Read Full Article

3 Signs You're Ready to Start Investing

Thu, 08 Dec 2022 10:45:00 Investing is great for your financial future, but you shouldn't do it before you have an emergency fund saved up -- one of the most important things in your financial life. Without an emergency fund, you run the risk of ...... Read Full Article

Why Chewy Was a Dog of a Stock on Wednesday

Wed, 07 Dec 2022 22:44:59 A prognosticator's update on e-commerce stocks doesn't shine a favorable light on the company.... Read Full Article

Travel and E-Commerce Face a Slowdown in 2023, Analyst Warns

Wed, 07 Dec 2022 17:06:00 Wolfe Research's Deepak Mathivanan cut his ratings on Chewy, Shopify, Expedia, Tripadvisor, and Booking. All of the stocks traded lower.... Read Full Article

Will 2023 Be a Better Year for Shopify?

Wed, 07 Dec 2022 15:45:00 One of the hardest-hit tech stocks this year has been e-commerce company Shopify (NYSE: SHOP). Down an incredible 70%, the company's drop has made the Nasdaq Composite's 28% decline this year look tame. A troubling outlook for the economy and a slowing ...... Read Full Article

Shopify Stock Seen Carrying Weight of Canada Curse Into 2023

Wed, 07 Dec 2022 14:33:00 (Bloomberg) -- The curse of Canadian mega-cap technology stocks hit Shopify Inc. this year, and analysts see little relief ahead for the e-commerce company’s shareholders. Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingPeru’s ...... Read Full Article

Why Amazon, Alphabet, and Shopify Stocks All Tumbled Tuesday

Tue, 06 Dec 2022 17:57:31 A broad cross-section of stocks tumbled again on Tuesday as market watchers focused on the Federal Reserve Bank's ongoing battle against inflation. Over the past several days, a couple of strong economic reports have increased concerns about the trajectory of ...... Read Full Article

If You Invested $1,000 in Shopify Stock During Its IPO, This Is How Much You Would Have Today

Tue, 06 Dec 2022 11:45:00 Even after its recent pullback, the e-commerce leader has generated fortune-building gains for long-term investors.... Read Full Article

2 Stock-Split Stocks That Could Double Your Money in 5 Years

Tue, 06 Dec 2022 10:49:00 Several technology companies opted for stock splits in 2022 in a bid to make their shares more attractive to investors amid the broader stock market sell-off. Individual shareholders gain shares of the company but each share is worth less, so the ...... Read Full Article

Where Will Shopify Stock Be in 3 Years?

Tue, 06 Dec 2022 10:05:00 Shopify (NYSE: SHOP) really came into its own during the entrepreneurial explosion that occurred during the lockdown phase of the pandemic. People forced into their homes and looking to create a web presence turned to the cloud-based e-commerce platform provider ...... Read Full Article

The 7 Best Short-Term Stocks to Buy Now

Mon, 05 Dec 2022 20:34:56 Usually, most financial advisors will direct their clients to consider the bigger picture. However, because of the unique circumstances of the post-pandemic new normal, investors may want to consider the best short-term stocks to buy. Primarily, the twists and turns ...... Read Full Article

3 Reasons to Buy Shopify Stock, 1 Reason to Sell

Mon, 05 Dec 2022 16:00:00 In this video, I will be talking about the three reasons to buy Shopify (NYSE: SHOP) and the one reason you might want to sell it. Despite a 70% drop in stock price, the company is doing better than you might ...... Read Full Article

Why Isn't Warren Buffett Buying Amazon Stock Hand Over Fist Right Now?

Mon, 05 Dec 2022 10:52:00 Amazon looks attractive right now. But the Oracle of Omaha hasn't even taken a nibble -- so far.... Read Full Article

3 Tech Stocks Hedge Funds Are Buying Now

Sun, 04 Dec 2022 17:25:00 While many different factors can influence the stock market, one of the most important to many retail investors may be the actions of hedge funds. That’s because hedge funds are often known as the smart money to be followed, ...... Read Full Article

My 2 Top Growth Stocks to Buy for 2023 and Beyond

Sat, 03 Dec 2022 12:09:00 Long-time shareholders of these companies can testify that both have patterns of beating the market.... Read Full Article

3 Growth Stocks That Could 5x in 2023

Sat, 03 Dec 2022 11:00:00 2022 has been a big year for value stocks, many of which are beating the market. Growth investing took a backseat to safer approaches after years of wealth creation while the economy became volatile. As many sky-high valuations on growth stocks ...... Read Full Article

Shopify Just Raised a $7.5 Billion Green Flag

Sat, 03 Dec 2022 10:45:00 After years of unbridled growth, e-commerce tools purveyor Shopify (NYSE: SHOP) was hit by a perfect storm. Each of these factors weighed on Shopify, which shed as much as 85% of its value since late last year. Late last week, Shopify ...... Read Full Article

My 3 Highest-Conviction Growth Stocks to Buy Before 2022 Ends

Sat, 03 Dec 2022 02:24:16 Want the recipe for a wildly successful investment? Take a large measure of market leadership, add a smidgen of secular tailwinds, and top it off with a large addressable market.... Read Full Article

Why Shopify Stock Skyrocketed This Week

Fri, 02 Dec 2022 23:16:00 Growth investors were bullish on comments from the Fed this week and poured back into Shopify stock.... Read Full Article
<