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Shopify (SHOP) Competitors

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$126.75 +6.75 (+5.63%)
Closing price 07/17/2025 04:00 PM Eastern
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$126.14 -0.61 (-0.48%)
As of 08:02 AM Eastern
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SHOP vs. AFRM, AMZN, ETSY, GLBE, GOOG, GOOGL, MELI, ROKU, PINS, and SAP

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include Affirm (AFRM), Amazon.com (AMZN), Etsy (ETSY), Global-e Online (GLBE), Alphabet (GOOG), Alphabet (GOOGL), MercadoLibre (MELI), Roku (ROKU), Pinterest (PINS), and SAP (SAP).

Shopify vs. Its Competitors

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

In the previous week, Shopify had 47 more articles in the media than Affirm. MarketBeat recorded 61 mentions for Shopify and 14 mentions for Affirm. Shopify's average media sentiment score of 0.97 beat Affirm's score of 0.23 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Affirm
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Shopify
39 Very Positive mention(s)
5 Positive mention(s)
10 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

69.3% of Affirm shares are owned by institutional investors. Comparatively, 69.3% of Shopify shares are owned by institutional investors. 11.8% of Affirm shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Affirm currently has a consensus price target of $66.71, suggesting a potential downside of 3.97%. Shopify has a consensus price target of $117.45, suggesting a potential downside of 7.34%. Given Affirm's stronger consensus rating and higher possible upside, analysts clearly believe Affirm is more favorable than Shopify.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Affirm
0 Sell rating(s)
8 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.73
Shopify
1 Sell rating(s)
15 Hold rating(s)
24 Buy rating(s)
2 Strong Buy rating(s)
2.64

Shopify has a net margin of 22.74% compared to Affirm's net margin of -2.07%. Shopify's return on equity of 12.00% beat Affirm's return on equity.

Company Net Margins Return on Equity Return on Assets
Affirm-2.07% -2.22% -0.61%
Shopify 22.74%12.00%9.79%

Affirm has a beta of 3.63, suggesting that its share price is 263% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.61, suggesting that its share price is 161% more volatile than the S&P 500.

Shopify has higher revenue and earnings than Affirm. Affirm 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
Affirm$2.32B9.65-$517.76M-$0.21-330.81
Shopify$9.38B17.53$2.02B$1.23103.05

Summary

Shopify beats Affirm on 12 of the 17 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 SHOP 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$164.44B$8.10B$28.47B$20.75B
Dividend YieldN/A0.89%3.10%3.67%
P/E Ratio81.77142.1833.5527.62
Price / Sales17.533.971,790.1559.14
Price / Cash125.5657.6037.8622.13
Price / Book14.193.887.664.66
Net Income$2.02B$78.23M$779.03M$994.58M
7 Day Performance13.06%-0.21%2.04%0.00%
1 Month Performance19.61%0.66%7.17%5.25%
1 Year Performance100.81%27.09%52,801.01%10.76%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.1484 of 5 stars
$126.75
+5.6%
$117.45
-7.3%
+95.5%$164.44B$9.38B81.7711,600Trending News
Analyst Forecast
Analyst Revision
AFRM
Affirm
2.4839 of 5 stars
$64.07
-1.0%
$65.90
+2.9%
+115.3%$20.73B$2.32B-305.982,006Analyst Forecast
Analyst Revision
Gap Up
AMZN
Amazon.com
4.6196 of 5 stars
$225.34
+0.1%
$249.42
+10.7%
+19.1%$2.39T$637.96B36.721,556,000Trending News
Analyst Forecast
Insider Trade
ETSY
Etsy
3.5866 of 5 stars
$57.71
-0.3%
$49.91
-13.5%
-10.7%$6.01B$2.81B41.152,400Trending News
Analyst Forecast
GLBE
Global-e Online
4.0253 of 5 stars
$33.60
+1.8%
$48.00
+42.9%
-6.6%$5.70B$796.77M-93.301,084Positive News
Analyst Forecast
GOOG
Alphabet
4.872 of 5 stars
$183.02
+0.9%
$207.13
+13.2%
+1.1%$2.22T$350.02B20.40190,200Trending News
Upcoming Earnings
Analyst Forecast
Insider Trade
GOOGL
Alphabet
3.7339 of 5 stars
$181.84
+0.9%
$199.61
+9.8%
+1.4%$2.21T$350.02B20.27183,323Trending News
Upcoming Earnings
Analyst Forecast
Insider Trade
MELI
MercadoLibre
4.4747 of 5 stars
$2,388.27
+0.0%
$2,645.94
+10.8%
+40.8%$121.19B$22.38B58.7918,282
ROKU
Roku
2.0892 of 5 stars
$90.08
+1.2%
$92.67
+2.9%
+40.7%$13.16B$4.11B-123.543,340Trending News
Insider Trade
PINS
Pinterest
4.5012 of 5 stars
$36.10
+1.9%
$40.52
+12.2%
-11.3%$24.50B$3.65B13.184,666Trending News
Analyst Forecast
SAP
SAP
3.3979 of 5 stars
$301.58
+0.2%
$271.83
-9.9%
+54.2%$370.46B$36.99B57.77109,973Positive News
Upcoming Earnings

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This page (NYSE:SHOP) was last updated on 7/18/2025 by MarketBeat.com Staff
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