Free Trial

Shopify (SHOP) Competitors

Shopify logo
$149.61 -1.46 (-0.97%)
Closing price 08/8/2025 04:00 PM Eastern
Extended Trading
$150.33 +0.72 (+0.48%)
As of 08/8/2025 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

SHOP vs. AFRM, AMZN, ETSY, GLBE, GOOG, GOOGL, MELI, PYPL, ROKU, and PINS

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), PayPal (PYPL), Roku (ROKU), and Pinterest (PINS).

Shopify vs. Its Competitors

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

Shopify currently has a consensus price target of $148.51, suggesting a potential downside of 0.73%. Affirm has a consensus price target of $68.09, suggesting a potential downside of 5.87%. Given Shopify's higher probable upside, equities analysts clearly believe Shopify is more favorable than Affirm.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shopify
1 Sell rating(s)
18 Hold rating(s)
24 Buy rating(s)
0 Strong Buy rating(s)
2.53
Affirm
0 Sell rating(s)
10 Hold rating(s)
18 Buy rating(s)
1 Strong Buy rating(s)
2.69

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

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
Shopify$9.38B20.70$2.02B$1.23121.63
Affirm$2.32B10.04-$517.76M-$0.21-344.43

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
Shopify22.74% 12.00% 9.79%
Affirm -2.07%-2.22%-0.61%

In the previous week, Shopify had 104 more articles in the media than Affirm. MarketBeat recorded 112 mentions for Shopify and 8 mentions for Affirm. Shopify's average media sentiment score of 1.03 beat Affirm's score of -0.01 indicating that Shopify is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shopify
60 Very Positive mention(s)
12 Positive mention(s)
14 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Positive
Affirm
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Shopify has a beta of 2.63, suggesting that its share price is 163% more volatile than the S&P 500. Comparatively, Affirm has a beta of 3.63, suggesting that its share price is 263% more volatile than the S&P 500.

Summary

Shopify beats Affirm on 12 of the 17 factors compared between the two stocks.

Get Shopify News Delivered to You Automatically

Sign up to receive the latest news and ratings for SHOP and its competitors with MarketBeat's FREE daily newsletter.

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.
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$194.10B$9.30B$29.51B$20.70B
Dividend YieldN/A0.89%3.11%3.67%
P/E Ratio96.52143.8550.3128.45
Price / Sales20.704.311,537.6056.07
Price / Cash125.5657.6036.3423.21
Price / Book16.754.107.284.33
Net Income$2.02B$77.43M$804.09M$996.14M
7 Day Performance26.15%0.63%1.34%1.98%
1 Month Performance30.87%0.39%-1.27%-0.83%
1 Year Performance115.86%14.19%23,946.30%14.36%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
3.9557 of 5 stars
$149.61
-1.0%
$148.51
-0.7%
+118.2%$194.10B$9.38B96.5211,600Trending News
Analyst Forecast
Analyst Revision
AFRM
Affirm
1.8088 of 5 stars
$74.06
+11.5%
$68.09
-8.1%
+186.9%$23.91B$2.32B-352.892,006Insider Trade
Gap Up
AMZN
Amazon.com
4.7712 of 5 stars
$212.45
-1.1%
$262.45
+23.5%
+34.3%$2.25T$670.04B32.361,556,000Trending News
Insider Trade
ETSY
Etsy
3.599 of 5 stars
$57.58
-2.0%
$56.76
-1.4%
+12.3%$5.71B$2.81B46.492,400Analyst Upgrade
Insider Trade
GLBE
Global-e Online
4.1319 of 5 stars
$32.13
+2.3%
$48.08
+49.6%
+1.0%$5.45B$752.76M-89.221,084News Coverage
Positive News
Upcoming Earnings
GOOG
Alphabet
4.7868 of 5 stars
$195.58
+3.0%
$215.19
+10.0%
+23.4%$2.36T$350.02B20.81190,200Trending News
Insider Trade
GOOGL
Alphabet
4.13 of 5 stars
$194.74
+3.0%
$211.39
+8.6%
+24.3%$2.35T$350.02B20.72183,323Trending News
Analyst Forecast
Insider Trade
Options Volume
MELI
MercadoLibre
4.5211 of 5 stars
$2,396.16
+0.9%
$2,707.50
+13.0%
+25.9%$121.45B$20.78B58.9118,282Trending News
Earnings Report
Analyst Forecast
Analyst Revision
PYPL
PayPal
4.8823 of 5 stars
$68.08
+1.4%
$84.57
+24.2%
+5.2%$65.01B$32.29B14.5424,400
ROKU
Roku
3.4382 of 5 stars
$85.74
+7.2%
$98.96
+15.4%
+49.6%$12.52B$4.39B-204.203,340Trending News
Insider Trade
PINS
Pinterest
4.3886 of 5 stars
$38.94
+3.1%
$41.48
+6.5%
+20.3%$26.41B$3.76B14.214,666Trending News
Earnings Report
Analyst Forecast

Related Companies and Tools


This page (NYSE:SHOP) was last updated on 8/9/2025 by MarketBeat.com Staff
From Our Partners