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NYSE:SHOP

Shopify (SHOP) Stock Price, News & Analysis

Shopify logo
$97.12 +2.00 (+2.10%)
Closing price 04/25/2025 04:00 PM Eastern
Extended Trading
$97.10 -0.03 (-0.03%)
As of 04/25/2025 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Shopify Stock (NYSE:SHOP)

Key Stats

Today's Range
$95.36
$98.64
50-Day Range
$76.89
$127.60
52-Week Range
$48.56
$129.38
Volume
7.82 million shs
Average Volume
9.27 million shs
Market Capitalization
$125.75 billion
P/E Ratio
62.66
Dividend Yield
N/A
Price Target
$119.67
Consensus Rating
Moderate Buy

Company Overview

Shopify Inc. is a commerce platform and eCommerce infrastructure provider connecting small businesses with a large and growing global marketplace. The company was formed in 2004 in Ottawa, Canada as Jaded Pixel Technologies but changed its name to Shopify Inc in 2011. The name change was part of a rebranding strategy that helped accelerate the business and drive it to $5.5 billion in sales in 2022.

As of October 2022, the company boasted “millions” of merchants in 175 countries with more than $543 billion in economic activity generated since launch. In terms of scale, Shopify employs more than 10,000 individuals and is among the top 20 publicly traded companies in Canada.

Shopify was founded by Tobi Lütke. Mr. Lütke had been working on a website for a snowboard store but quickly realized the software was more valuable than just selling snowboards so his team switched gears. The platform was launched in 2006 and it quickly gained momentum. Mr. Lütke is a member of the board of directors and the company’s CEO, a position he has held since 2008.

Shopify is a commerce company but, more importantly, it is an eCommerce commerce company that can assist small businesses with all aspects of their operations. The company is in business to provide an eCommerce platform for small businesses globally. Its platform enables merchants to market, manage, and sell their products through a variety of sales channels that include but are not limited to eCommerce. Channels include the company’s core Shopify.com website as well as brick & mortar locations, pop-ups, social media, and buy-now buttons.

Because branding is such an important part of a business's success the company goes to great lengths to assist its merchants in that regard. The Shopify.com website includes several tools to help with branding that include a business name generator and a logo maker as well as a website builder and a full range of marketing products. Marketing products help merchants with email marketing and Facebook ads as well as automation of the same.

Among the many benefits of using Shopify is acceleration. Businesses that use the website to its fullest are able to accelerate their growth and reach milestones years ahead of their competitors. Brands that use Shopify.com include Heinz, Tupperware, and Netflix. According to data from BuiltWith, the Shopify platform was host to more than 1.58 million websites in 2021 and the figure is growing. Data from W3Techs suggest that more than 4.0% of the top 10 million websites are using Shopify.

 

Shopify Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
78th Percentile Overall Score

SHOP MarketRank™: 

Shopify scored higher than 78% of companies evaluated by MarketBeat, and ranked 108th out of 654 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Shopify has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 25 buy ratings, 14 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Shopify has been the subject of 29 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Shopify's stock forecast and price target.
  • Earnings Growth

    Earnings for Shopify are expected to grow by 30.36% in the coming year, from $1.12 to $1.46 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Shopify is 62.66, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.67.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Shopify is 62.66, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.96.

  • Price to Earnings Growth Ratio

    Shopify has a PEG Ratio of 4.82. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Shopify has a P/B Ratio of 10.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Shopify's valuation and earnings.
  • Percentage of Shares Shorted

    1.34% of the float of Shopify has been sold short.
  • Short Interest Ratio / Days to Cover

    Shopify has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shopify has recently increased by 7.39%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Shopify does not currently pay a dividend.

  • Dividend Growth

    Shopify does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.34% of the float of Shopify has been sold short.
  • Short Interest Ratio / Days to Cover

    Shopify has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shopify has recently increased by 7.39%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Shopify has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 58 news articles for Shopify this week, compared to 28 articles on an average week.
  • Search Interest

    Only 64 people have searched for SHOP on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
  • MarketBeat Follows

    Only 33 people have added Shopify to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Shopify insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    69.27% of the stock of Shopify is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Shopify's insider trading history.
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SHOP Stock News Headlines

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SHOP Stock Analysis - Frequently Asked Questions

Shopify's stock was trading at $106.33 at the beginning of 2025. Since then, SHOP shares have decreased by 8.7% and is now trading at $97.12.
View the best growth stocks for 2025 here
.

Shopify Inc. (NYSE:SHOP) released its quarterly earnings results on Tuesday, February, 11th. The software maker reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.10. Shopify had a trailing twelve-month return on equity of 12.00% and a net margin of 22.74%.
Read the conference call transcript
.

Shopify shares split before market open on Wednesday, June 29th 2022. The 10-1 split was announced on Monday, April 11th 2022. The newly issued shares were payable to shareholders after the closing bell on Tuesday, June 28th 2022. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

Shopify subsidiaries include these companies: 6 River Systems, Helpful, Handshake, Tictail, Return Magic, Oberlo, Tiny Hearts, and others.

Shopify (SHOP) raised $100 million in an initial public offering (IPO) on Thursday, May 21st 2015. The company issued 7,700,000 shares at a price of $12.00-$14.00 per share. Morgan Stanley, Credit Suisse and RBC Capital Markets served as the underwriters for the IPO and Pacific Crest Securities, Raymond James and Canaccord Genuity were co-managers.

Shopify's top institutional shareholders include Sumitomo Mitsui Trust Group Inc. (0.39%), Barton Investment Management (0.13%), Bessemer Group Inc. (0.08%) and Addenda Capital Inc. (0.06%).

Shares of SHOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Shopify investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Salesforce (CRM), PayPal (PYPL) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
2/11/2025
Today
4/25/2025
Next Earnings (Estimated)
5/08/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NYSE:SHOP
Fax
N/A
Employees
11,600
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$119.67
High Stock Price Target
$175.00
Low Stock Price Target
$79.00
Potential Upside/Downside
+23.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
41 Analysts

Profitability

Trailing P/E Ratio
62.66
Forward P/E Ratio
86.71
P/E Growth
4.82
Net Income
$2.02 billion
Pretax Margin
25.09%

Debt

Sales & Book Value

Annual Sales
$8.88 billion
Cash Flow
$0.77 per share
Price / Cash Flow
125.56
Book Value
$8.93 per share
Price / Book
10.88

Miscellaneous

Outstanding Shares
1,294,821,000
Free Float
N/A
Market Cap
$125.75 billion
Optionable
Optionable
Beta
2.82

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This page (NYSE:SHOP) was last updated on 4/26/2025 by MarketBeat.com Staff
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