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Shopify (SHOP) Competitors

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$108.95 +1.88 (+1.76%)
(As of 12/20/2024 05:45 PM ET)

SHOP vs. SAP, PLTR, APP, INFY, CRWD, TEAM, TTD, NTES, 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), Infosys (INFY), CrowdStrike (CRWD), Atlassian (TEAM), Trade Desk (TTD), NetEase (NTES), Snowflake (SNOW), and Datadog (DDOG). These companies are all part of the "computer software" industry.

Shopify vs.

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

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
Shopify16.84% 11.60% 9.37%
SAP 8.15%11.44%6.92%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shopify$8.21B17.14$132M$1.07101.82
SAP$33.27B9.15$6.64B$2.5099.16

Shopify has a beta of 2.46, suggesting that its share price is 146% more volatile than the S&P 500. Comparatively, SAP has a beta of 1.23, suggesting that its share price is 23% more volatile than the S&P 500.

Shopify received 634 more outperform votes than SAP when rated by MarketBeat users. Likewise, 66.43% of users gave Shopify an outperform vote while only 66.00% of users gave SAP an outperform vote.

CompanyUnderperformOutperform
ShopifyOutperform Votes
1397
66.43%
Underperform Votes
706
33.57%
SAPOutperform Votes
763
66.00%
Underperform Votes
393
34.00%

Shopify currently has a consensus price target of $99.03, indicating a potential downside of 9.11%. SAP has a consensus price target of $252.33, indicating a potential upside of 1.79%. Given SAP's stronger consensus rating and higher possible upside, analysts plainly believe SAP is more favorable than Shopify.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shopify
1 Sell rating(s)
15 Hold rating(s)
23 Buy rating(s)
1 Strong Buy rating(s)
2.60
SAP
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89

In the previous week, Shopify had 2 more articles in the media than SAP. MarketBeat recorded 11 mentions for Shopify and 9 mentions for SAP. Shopify's average media sentiment score of 1.03 beat SAP's score of 0.50 indicating that Shopify is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shopify
8 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SAP
2 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

69.3% of Shopify shares are held by institutional investors. 7.4% of SAP shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Shopify beats SAP on 13 of the 19 factors compared between the two stocks.

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$140.77B$25.28B$25.44B$19.18B
Dividend YieldN/A2.26%2.78%3.58%
P/E Ratio101.8296.89246.6341.22
Price / Sales17.1425.033,279.7917.58
Price / Cash372.1191.5835.3621.28
Price / Book15.4512.857.995.32
Net Income$132M$446.45M$675.00M$989.67M
7 Day Performance-4.96%1.77%0.67%-3.45%
1 Month Performance2.27%10.48%6.93%-3.73%
1 Year Performance43.09%26.33%22.92%12.06%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.3681 of 5 stars
$108.95
+1.8%
$99.03
-9.1%
+44.5%$140.77B$8.21B101.828,300Positive News
SAP
SAP
2.1133 of 5 stars
$253.36
+0.0%
$252.33
-0.4%
+64.1%$311.25B$33.77B101.32107,602
PLTR
Palantir Technologies
N/A$73.94
-2.8%
$38.40
-48.1%
N/A$168.44B$2.23B364.973,735Analyst Forecast
Gap Down
APP
AppLovin
3.0618 of 5 stars
$344.53
+6.2%
$296.40
-14.0%
+691.2%$115.62B$4.29B103.051,745
INFY
Infosys
1.8774 of 5 stars
$23.52
+0.5%
$20.85
-11.4%
+23.4%$97.42B$18.84B30.00317,240Gap Down
CRWD
CrowdStrike
4.1523 of 5 stars
$381.58
+3.7%
$358.00
-6.2%
+42.7%$93.99B$3.74B721.617,925Analyst Forecast
TEAM
Atlassian
4.103 of 5 stars
$277.20
-0.5%
$256.50
-7.5%
+8.3%$72.19B$4.36B-183.3212,157Analyst Forecast
Insider Trade
TTD
Trade Desk
3.6843 of 5 stars
$132.46
+0.0%
$124.94
-5.7%
+65.6%$65.38B$1.95B217.083,115Analyst Forecast
Positive News
NTES
NetEase
4.5689 of 5 stars
$93.49
-2.1%
$107.29
+14.8%
-9.8%$60.04B$105.69B16.1229,128Positive News
Gap Down
SNOW
Snowflake
4.2678 of 5 stars
$170.84
+1.9%
$184.46
+8.0%
-14.4%$56.39B$2.81B-50.307,004Analyst Forecast
Insider Trade
DDOG
Datadog
3.9629 of 5 stars
$155.61
+1.7%
$155.07
-0.3%
+23.9%$52.86B$2.54B288.745,200Analyst Forecast
Insider Trade

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This page (NYSE:SHOP) was last updated on 12/21/2024 by MarketBeat.com Staff
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