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Shopify (SHOP) Competitors

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$108.49 +4.28 (+4.11%)
As of 09:32 AM Eastern
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SHOP vs. SAP, PLTR, APP, CRWD, INFY, NTES, TEAM, SNOW, NET, and VEEV

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include SAP (SAP), Palantir Technologies (PLTR), AppLovin (APP), CrowdStrike (CRWD), Infosys (INFY), NetEase (NTES), Atlassian (TEAM), Snowflake (SNOW), Cloudflare (NET), 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 stock? We will compare the two companies based on the strength of their media sentiment, valuation, community ranking, analyst recommendations, institutional ownership, dividends, profitability, earnings and risk.

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$34.18B9.80$3.38B$2.8795.01
Shopify$8.88B15.21$2.02B$1.5567.29

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%

In the previous week, Shopify had 36 more articles in the media than SAP. MarketBeat recorded 62 mentions for Shopify and 26 mentions for SAP. Shopify's average media sentiment score of 1.09 beat SAP's score of 0.84 indicating that Shopify is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SAP
17 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
40 Very Positive mention(s)
11 Positive mention(s)
7 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

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 hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

SAP has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500. Comparatively, Shopify has a beta of 2.6, suggesting that its share price is 160% more volatile than the S&P 500.

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 presently has a consensus price target of $248.83, indicating a potential downside of 8.75%. Shopify has a consensus price target of $126.31, indicating a potential upside of 21.12%. 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

Summary

Shopify beats SAP on 12 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$134.93B$23.49B$24.05B$19.56B
Dividend YieldN/A2.05%2.79%3.76%
P/E Ratio67.29109.8242.5633.48
Price / Sales15.2120.702,407.4728.58
Price / Cash125.5686.0634.6717.54
Price / Book11.688.476.234.56
Net Income$2.02B$436.62M$737.91M$1.02B
7 Day Performance9.92%0.83%0.77%0.95%
1 Month Performance-9.62%-10.64%50,014.58%-3.88%
1 Year Performance32.48%7.86%52,744.32%5.93%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
4.1734 of 5 stars
$108.49
+4.1%
$126.31
+16.4%
+32.5%$139.96B$8.88B69.7411,600Analyst Forecast
Positive News
SAP
SAP
2.5086 of 5 stars
$269.55
+2.1%
$248.83
-7.7%
+39.6%$331.50B$34.18B94.02107,602
PLTR
Palantir Technologies
1.5299 of 5 stars
$86.92
+0.8%
$74.45
-14.3%
+276.2%$202.91B$2.87B455.383,840
APP
AppLovin
3.6962 of 5 stars
$309.13
+5.5%
$438.28
+41.8%
+340.9%$105.01B$4.71B68.041,745
CRWD
CrowdStrike
4.7609 of 5 stars
$366.40
+3.6%
$398.78
+8.8%
+10.6%$90.21B$3.95B718.174,960Positive News
Gap Down
INFY
Infosys
2.4661 of 5 stars
$18.54
+0.7%
$19.78
+6.7%
+3.5%$76.81B$19.11B23.47317,240
NTES
NetEase
4.2868 of 5 stars
$101.97
-0.8%
$114.57
+12.4%
-8.0%$65.45B$105.30B16.0029,128
TEAM
Atlassian
4.8196 of 5 stars
$221.61
+1.4%
$319.71
+44.3%
+18.1%$57.94B$4.79B-165.038,810Insider Trade
SNOW
Snowflake
4.5669 of 5 stars
$156.40
+0.2%
$202.92
+29.7%
-0.7%$51.65B$3.63B-46.163,990
NET
Cloudflare
4.3457 of 5 stars
$116.52
+0.3%
$130.04
+11.6%
+23.2%$40.24B$1.67B-530.043,682Insider Trade
VEEV
Veeva Systems
3.7396 of 5 stars
$237.60
+1.5%
$255.28
+7.4%
+2.8%$38.48B$2.75B58.525,480Positive News
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This page (NYSE:SHOP) was last updated on 3/24/2025 by MarketBeat.com Staff
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