Free Trial

Shopify (SHOP) Competitors

Shopify logo
$103.97 -0.62 (-0.59%)
(As of 11/20/2024 ET)

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

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), Datadog (DDOG), and Electronic Arts (EA). 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 contrast the two companies based on the strength of their media sentiment, community ranking, institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.

Shopify received 631 more outperform votes than SAP when rated by MarketBeat users. Likewise, 66.44% of users gave Shopify an outperform vote while only 66.00% of users gave SAP an outperform vote.

CompanyUnderperformOutperform
SAPOutperform Votes
763
66.00%
Underperform Votes
393
34.00%
ShopifyOutperform Votes
1394
66.44%
Underperform Votes
704
33.56%

SAP has a beta of 1.25, meaning that its stock price is 25% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.36, meaning that its stock price is 136% more volatile than the S&P 500.

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%

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
SAP$33.27B8.68$6.64B$2.5094.01
Shopify$7.06B19.00$132M$1.0797.17

SAP currently has a consensus target price of $252.33, indicating a potential upside of 7.37%. Shopify has a consensus target price of $94.95, indicating a potential downside of 8.68%. Given SAP's stronger consensus rating and higher probable upside, equities 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)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89
Shopify
1 Sell rating(s)
16 Hold rating(s)
23 Buy rating(s)
1 Strong Buy rating(s)
2.59

69.3% of Shopify shares are owned by institutional investors. 7.4% of SAP shares are owned 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.

In the previous week, Shopify had 22 more articles in the media than SAP. MarketBeat recorded 41 mentions for Shopify and 19 mentions for SAP. Shopify's average media sentiment score of 1.09 beat SAP's score of 0.93 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SAP
11 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
29 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.
Skip Chart

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.
Skip Chart

SHOP vs. The Competition

MetricShopifyPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$134.16B$25.00B$24.07B$19.88B
Dividend YieldN/A2.33%2.79%3.52%
P/E Ratio97.1793.20258.1442.94
Price / Sales19.008.053,506.6719.18
Price / Cash352.1887.3932.8917.86
Price / Book14.7511.017.415.52
Net Income$132M$444.73M$667.83M$986.45M
7 Day Performance-4.68%-0.07%0.21%0.45%
1 Month Performance25.80%4.17%0.76%1.05%
1 Year Performance49.10%23.90%18.79%24.67%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.4219 of 5 stars
$103.97
-0.6%
$94.95
-8.7%
+49.6%$134.96B$7.06B97.178,300Positive News
SAP
SAP
2.4654 of 5 stars
$235.02
+0.8%
$252.33
+7.4%
+53.3%$286.49B$33.77B94.01107,602
PLTR
Palantir Technologies
3.2663 of 5 stars
$62.11
-1.4%
$31.71
-48.9%
+191.0%$143.47B$2.23B310.573,735Insider Trade
APP
AppLovin
3.4795 of 5 stars
$325.22
+1.3%
$222.96
-31.4%
+723.3%$109.14B$4.29B98.551,745Analyst Forecast
Gap Up
INFY
Infosys
2.224 of 5 stars
$22.00
+1.2%
$20.85
-5.2%
+25.4%$91.10B$18.56B28.20317,240Analyst Downgrade
CRWD
CrowdStrike
4.5841 of 5 stars
$350.15
-0.9%
$333.82
-4.7%
+68.6%$85.83B$3.06B507.467,925Upcoming Earnings
Analyst Forecast
Positive News
TEAM
Atlassian
4.1398 of 5 stars
$245.45
-0.9%
$244.21
-0.5%
+31.9%$64.52B$4.36B0.0012,157Insider Trade
TTD
Trade Desk
3.348 of 5 stars
$123.90
+3.8%
$122.65
-1.0%
+84.1%$58.94B$1.95B203.113,115Gap Up
NTES
NetEase
4.4719 of 5 stars
$87.53
+2.2%
$107.29
+22.6%
-26.1%$55.02B$14.57B14.7929,128Dividend Announcement
DDOG
Datadog
4.7404 of 5 stars
$135.45
+1.5%
$150.96
+11.5%
+21.2%$46.02B$2.13B255.575,200Analyst Forecast
Insider Trade
EA
Electronic Arts
4.2945 of 5 stars
$166.71
+0.3%
$165.37
-0.8%
+23.1%$43.72B$7.56B42.8613,700Insider Trade

Related Companies and Tools


This page (NYSE:SHOP) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners