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Shopify (SHOP) Competitors

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$103.25 -0.25 (-0.24%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

SHOP vs. SAP, PLTR, APP, CRWD, INFY, TEAM, NTES, TTD, SNOW, and DDOG

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include SAP (SAP), Palantir Technologies (PLTR), AppLovin (APP), CrowdStrike (CRWD), Infosys (INFY), Atlassian (TEAM), NetEase (NTES), Trade Desk (TTD), Snowflake (SNOW), and Datadog (DDOG). These companies are all part of the "computer software" industry.

Shopify vs.

SAP (NYSE:SAP) and Shopify (NYSE:SHOP) are both large-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, earnings, risk, analyst recommendations, institutional ownership, dividends, media sentiment, valuation and community ranking.

In the previous week, SAP had 4 more articles in the media than Shopify. MarketBeat recorded 25 mentions for SAP and 21 mentions for Shopify. Shopify's average media sentiment score of 1.18 beat SAP's score of 0.55 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SAP
9 Very Positive mention(s)
1 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
1 Very Negative mention(s)
Positive
Shopify
19 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

69.3% of Shopify shares are held by institutional investors. 7.4% of SAP shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

SAP has higher revenue and earnings than Shopify. Shopify is trading at a lower price-to-earnings ratio than SAP, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SAP$33.77B9.56$6.64B$2.50105.09
Shopify$8.21B16.25$132M$1.0796.50

SAP has a beta of 1.22, suggesting that its share price is 22% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.46, suggesting that its share price is 146% more volatile than the S&P 500.

SAP presently has a consensus price target of $263.17, indicating a potential upside of 0.16%. Shopify has a consensus price target of $100.31, indicating a potential downside of 2.84%. Given SAP's stronger consensus rating and higher possible upside, equities research analysts plainly believe SAP is more favorable than Shopify.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SAP
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
3.00
Shopify
1 Sell rating(s)
14 Hold rating(s)
24 Buy rating(s)
1 Strong Buy rating(s)
2.63

Shopify received 633 more outperform votes than SAP when rated by MarketBeat users. Likewise, 66.41% of users gave Shopify an outperform vote while only 66.06% of users gave SAP an outperform vote.

CompanyUnderperformOutperform
SAPOutperform Votes
765
66.06%
Underperform Votes
393
33.94%
ShopifyOutperform Votes
1398
66.41%
Underperform Votes
707
33.59%

Shopify has a net margin of 16.84% compared to SAP's net margin of 8.15%. Shopify's return on equity of 11.60% beat SAP's return on equity.

Company Net Margins Return on Equity Return on Assets
SAP8.15% 11.44% 6.92%
Shopify 16.84%11.60%9.37%

Summary

Shopify beats SAP on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SHOP vs. The Competition

MetricShopifyPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$133.41B$25.38B$27.12B$19.94B
Dividend YieldN/A2.09%2.78%3.71%
P/E Ratio96.5093.60236.9041.41
Price / Sales16.2514.023,720.9916.25
Price / Cash336.6782.5634.3219.84
Price / Book14.6512.638.395.76
Net Income$132M$444.67M$669.90M$993.25M
7 Day Performance1.55%4.60%3.66%3.12%
1 Month Performance-5.23%2.02%4.89%4.75%
1 Year Performance29.05%29.50%24.37%18.83%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.4087 of 5 stars
$103.25
-0.2%
$100.31
-2.8%
+29.0%$133.41B$8.21B96.508,300Analyst Revision
Positive News
SAP
SAP
2.7415 of 5 stars
$262.74
+0.4%
$263.17
+0.2%
+60.7%$322.77B$33.77B105.09107,602Upcoming Earnings
PLTR
Palantir Technologies
2.4555 of 5 stars
$71.77
+3.7%
$43.78
-39.0%
+327.7%$163.49B$2.23B358.873,735Gap Up
APP
AppLovin
3.0535 of 5 stars
$342.34
+3.1%
$338.06
-1.3%
+732.1%$114.89B$2.63B103.741,745Positive News
Gap Up
CRWD
CrowdStrike
4.3508 of 5 stars
$357.00
-1.8%
$366.38
+2.6%
+22.9%$87.93B$3.06B700.017,925Analyst Forecast
Positive News
INFY
Infosys
1.8855 of 5 stars
$21.16
-1.9%
$20.22
-4.5%
+5.9%$87.65B$18.56B27.13317,240Earnings Report
Analyst Revision
High Trading Volume
TEAM
Atlassian
4.0397 of 5 stars
$252.36
-0.7%
$272.00
+7.8%
+3.9%$65.72B$4.36B-166.0312,157Analyst Forecast
Insider Trade
Gap Up
NTES
NetEase
4.1725 of 5 stars
$99.76
+0.5%
$108.71
+9.0%
+8.8%$64.06B$14.57B16.8529,128High Trading Volume
TTD
Trade Desk
3.2449 of 5 stars
$124.42
+3.0%
$132.55
+6.5%
+86.1%$61.41B$1.95B203.973,115Gap Up
SNOW
Snowflake
4.5796 of 5 stars
$170.89
+1.9%
$188.06
+10.0%
-11.5%$56.41B$2.81B-50.417,004Analyst Revision
Gap Up
DDOG
Datadog
4.7193 of 5 stars
$138.40
+1.2%
$158.45
+14.5%
+6.2%$47.02B$2.13B261.145,200Short Interest ↓
Analyst Revision

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This page (NYSE:SHOP) was last updated on 1/21/2025 by MarketBeat.com Staff
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