Links

Homepage

Stock List

Search by Ticker

News

Login

Shopify Inc (TSX:SHOP)
Stock Analysis

SHOP.TO1369.82
▼ -1.91%-26.67

Stock Analysis

The following stock analysis is based on 5.5 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 $1369.82 ($1396.49 the previous day).

Financials

The next reporting date is in 75 days (2021 02 17).

CNN estimates profits for the upcoming quarter will be $1.17 per share ($900.2M). The current Canada / US exchange rate is 1.2865.



Will This Trend Continue?

The year over year average increase is 110.8% per year assuming steady exponential growth. The actual 5 year average is 101.64. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year1016.590515625200.4+ Above Average
2 year338.4418777292686.6- Below Average
3 year181.3696218487463.7- Below Average
4 year110.81147.5+ Above Average
5 year44.77668181818210- Below Average
Shopify Inc is projected by analysts to get to $1479.475 within the next 12 months (8%), but preticted targets range from as high as $1801.1 (31.5%) and as low as $707.575(-48.3%).

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
101294.67RISING
301210.74RISING
601396.94DROPPING
1501388RISING
365466.42RISING
800208.45RISING
1200121.15RISING
160041.8RISING
200041.45RISING


With an average increase of 110.8% year over year, if Shopify Inc is bought at the worst time, Stockmarketizer analysts estimate it will take 10.8 months before the stock will recover to the original purchase price. The P/E value is 846.09. 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

6 Top-Ranked Internet Stocks to Snap Up Heading Into 2021

Thu, 03 Dec 2020 14:12:02 Here we discuss six growth-focused top-ranked Internet stocks -- TTD, EGOV, DBX, APPS, SHOP, W -- that are well poised to flourish in 2021, on strong fundamentals.... Read Full Article

Influencers with Andy Serwer: Aaron Levie

Thu, 03 Dec 2020 11:00:00 In this episode of Influencers, Box Co-Founder and CEO Aaron Levie joins Andy to discuss the cloud computing business, big tech regulation, and how President Trump's immigration policies are hurting American innovation.... Read Full Article

Dow Jones Up 3,700 Points From October Low; Time To Sell These Hot Growth Stocks?

Wed, 02 Dec 2020 21:40:24 Stocks today generally traded in a relatively tight band, yet the Dow Jones Industrial Average showed a bullish reversal.... Read Full Article

Shopify's (SHOP) Black Friday/Cyber Monday Sales Reach $5.1B

Wed, 02 Dec 2020 18:01:06 Shopify (SHOP) registers 76% year-over-year increase in sales on Black Friday/Cyber Monday weekend. Increases in online shopping as countries grapple with another coronavirus wave acted as a catalyst.... Read Full Article

The Retail Revolution Isn’t Over Yet. Amazon Won’t Be the Only Winner.

Wed, 02 Dec 2020 15:21:00 ROBO Global’s Lisa Chai argues that we’re only in the early innings of machine learning enhancing our shopping experience.... Read Full Article

Sustained Online Selling Points to Healthy Holiday Outcome

Tue, 01 Dec 2020 22:11:12 Adobe's final tally for Cyber Monday online sales in the U.S. came in at $10.8 billion, which was at the low end of its forecasts, though still a record.... Read Full Article

Shopify Merchants Generate Record Sales of $5.1 Billion Over Holiday Weekend

Tue, 01 Dec 2020 19:21:00 In a press release Tuesday, Shopify (NYSE: SHOP) said that merchants on its e-commerce platform broke records, generating $5.1 billion in holiday sales between Black Friday and Cyber Monday. Shopify said it surpassed the $2.9 billion record it set in 2019 by 5:00 p....... Read Full Article

The Zacks Analyst Blog Highlights: The Trade Desk, Wayfair, Shopify, Boston Beer Co. and NVIDIA

Tue, 01 Dec 2020 15:01:03 The Zacks Analyst Blog Highlights: The Trade Desk, Wayfair, Shopify, Boston Beer Co. and NVIDIA... Read Full Article

1 Warning Sign for E-commerce Stocks

Tue, 01 Dec 2020 14:09:00 Online sales have soared at both pure-play e-commerce companies and brick-and-mortar giants, and almost every stock with exposure to e-commerce has gotten a tailwind from the pandemic. Among the big winners this year have been Etsy (NASDAQ: ETSY), Shopify (NYSE: ...... Read Full Article

Shopify Merchants Break Records with $5.1+ Billion in Worldwide Sales over Black Friday/Cyber Monday Weekend

Tue, 01 Dec 2020 12:09:00 Shopify Inc. (NYSE:SHOP)(TSX:SHOP), a leading global commerce company, announced today Black Friday/Cyber Monday weekend results, with sales of $5.1\+ billion from the more than one million Shopify-powered brands around the world. From November 27 through November 30, total sales ...... Read Full Article

Why Shopify Stock Rose Today

Mon, 30 Nov 2020 22:38:00 Shares of Shopify (NYSE: SHOP) climbed 5.4% on Monday after the online retail platform reported a surge in Black Friday sales. Shopify's stock popped on Monday following a strong holiday sales report. Shopify provides the tools entrepreneurs need to start and ...... Read Full Article

Shopify Stock Rises As Merchants Set Black Friday Record For E-Commerce Sales

Mon, 30 Nov 2020 21:32:53 Shopify stock rose in early trading Monday after the software maker said that merchants using e-commerce platform set a new record for black Friday online sales.... Read Full Article

Shopify Reports Record-Setting Black Friday Sales

Mon, 30 Nov 2020 18:13:00 In a press release Saturday, Shopify (NYSE: SHOP) announced that merchants using its e-commerce platform achieved record global sales of $2.4 billion on Black Friday alone. Shopify also released other metrics to illustrate the early success of its holiday shopping season. ...... Read Full Article

Shopify Breaks Out on Cyber Monday - Can It Hit New Highs?

Mon, 30 Nov 2020 17:25:00 Shopify began breaking out late last week and that move is continuing on Monday with strong Black Friday results. Let's look at the charts.... Read Full Article

Shopify Says Black Friday Sales Jump 75%

Mon, 30 Nov 2020 16:37:00 (SHOP) shares are trading higher after the e-commerce software company said that sales on its platform were up 75% on Black Friday from the year ago level. Shopify (ticker: SHOP) said Monday that it had $2.4 billion in Black Friday sales from ...... Read Full Article

Is Shopify (SHOP) A Good Stock To Buy Now?

Mon, 30 Nov 2020 15:54:58 In this article you are going to find out whether hedge funds think Shopify Inc (NYSE:SHOP) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given ...... Read Full Article

Shopify Stays In Rally Mode

Mon, 30 Nov 2020 15:31:08 Shopify extended gains after rising above its 50-day moving average last week.... Read Full Article

Shopify's (SHOP) Worldwide Black Friday Sales Reach $2.4B

Mon, 30 Nov 2020 14:40:02 Shopify (SHOP) witnessed 75% year-over-year increase in sales on its platform on Black Friday due to spurt in online sales triggered by COVID-19 crisis.... Read Full Article

Is eBay Stock a Buy?

Mon, 30 Nov 2020 14:10:00 The pandemic generated near-term tailwinds for the aging online auction site, but it still faces long-term challenges.... Read Full Article

3 ETFs for the reopening trade

Mon, 30 Nov 2020 13:37:00 Here are three exchange-traded funds that will help investors take advantage of a rush back to travel and leisure stocks that have been left behind in the COVID-19 pandemic of 2020.... Read Full Article
<