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Shopify (SHOP) Competitors

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$83.71 -0.92 (-1.09%)
Closing price 04/11/2025 04:00 PM Eastern
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$83.30 -0.41 (-0.49%)
As of 04/11/2025 08:00 PM Eastern
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SHOP vs. SAP, PLTR, CRWD, APP, INFY, NTES, TEAM, SNOW, EA, and VEEV

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include SAP (SAP), Palantir Technologies (PLTR), CrowdStrike (CRWD), AppLovin (APP), Infosys (INFY), NetEase (NTES), Atlassian (TEAM), Snowflake (SNOW), Electronic Arts (EA), and Veeva Systems (VEEV). 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 businesses based on the strength of their profitability, media sentiment, dividends, community ranking, institutional ownership, risk, valuation, analyst recommendations and earnings.

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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Shopify had 22 more articles in the media than SAP. MarketBeat recorded 45 mentions for Shopify and 23 mentions for SAP. SAP's average media sentiment score of 1.46 beat Shopify's score of 0.92 indicating that SAP is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SAP
18 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
28 Very Positive mention(s)
5 Positive mention(s)
9 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

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$34.18B9.31$3.38B$2.8790.26
Shopify$8.88B12.21$2.02B$1.5554.01

Shopify has a net margin of 22.74% compared to SAP's net margin of 9.17%. SAP's return on equity of 12.18% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
SAP9.17% 12.18% 7.32%
Shopify 22.74%12.00%9.79%

SAP currently has a consensus price target of $248.83, suggesting a potential downside of 3.95%. Shopify has a consensus price target of $126.31, suggesting a potential upside of 50.90%. Given Shopify's higher possible upside, analysts plainly believe Shopify is more favorable than SAP.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SAP
0 Sell rating(s)
0 Hold rating(s)
8 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

SAP has a beta of 1.28, meaning that its share price is 28% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.82, meaning that its share price is 182% more volatile than the S&P 500.

Shopify received 645 more outperform votes than SAP when rated by MarketBeat users. Likewise, 66.37% of users gave Shopify an outperform vote while only 66.21% of users gave SAP an outperform vote.

CompanyUnderperformOutperform
SAPOutperform Votes
770
66.21%
Underperform Votes
393
33.79%
ShopifyOutperform Votes
1415
66.37%
Underperform Votes
717
33.63%

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$108.39B$22.46B$22.12B$18.30B
Dividend YieldN/A2.10%2.96%4.13%
P/E Ratio54.01102.4938.7130.71
Price / Sales12.2116.542,144.0825.88
Price / Cash125.5686.0634.6917.55
Price / Book9.377.765.674.25
Net Income$2.02B$436.62M$736.67M$1.02B
7 Day Performance8.87%2.58%1.70%1.34%
1 Month Performance-7.51%-6.47%-6.38%-7.29%
1 Year Performance19.59%3.14%52,461.59%-1.36%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.4373 of 5 stars
$83.71
-1.1%
$126.31
+50.9%
N/A$108.39B$8.88B54.0111,600
SAP
SAP
2.6909 of 5 stars
$245.75
-1.1%
$248.83
+1.3%
N/A$301.55B$34.18B85.53107,602Dividend Increase
Positive News
High Trading Volume
PLTR
Palantir Technologies
1.3772 of 5 stars
$78.45
+6.0%
$75.19
-4.2%
N/A$183.43B$2.87B411.643,840
CRWD
CrowdStrike
4.0245 of 5 stars
$328.81
+2.2%
$400.88
+21.9%
N/A$81.08B$3.95B641.404,960Insider Trade
Positive News
APP
AppLovin
4.0186 of 5 stars
$236.99
+8.0%
$435.47
+83.8%
N/A$80.05B$4.71B51.871,745Analyst Forecast
Gap Down
INFY
Infosys
2.8563 of 5 stars
$16.95
+2.2%
$19.70
+16.2%
N/A$70.10B$19.11B21.42317,240Upcoming Earnings
Options Volume
NTES
NetEase
4.3576 of 5 stars
$92.62
-6.3%
$114.57
+23.7%
N/A$59.30B$105.30B14.5032,100News Coverage
Positive News
TEAM
Atlassian
4.4785 of 5 stars
$188.22
+0.3%
$305.64
+62.4%
N/A$49.05B$4.79B-139.728,810Analyst Forecast
Insider Trade
News Coverage
SNOW
Snowflake
4.5326 of 5 stars
$131.50
+0.7%
$201.84
+53.5%
N/A$43.31B$3.63B-38.703,990Positive News
EA
Electronic Arts
4.1125 of 5 stars
$135.58
+0.2%
$155.30
+14.5%
N/A$35.26B$7.35B34.4313,700News Coverage
Positive News
VEEV
Veeva Systems
4.348 of 5 stars
$215.04
+0.6%
$256.52
+19.3%
N/A$34.93B$2.75B53.025,480Insider Trade
News Coverage
Gap Down
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This page (NYSE:SHOP) was last updated on 4/13/2025 by MarketBeat.com Staff
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