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Shopify (SHOP) Competitors

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C$116.03 -0.55 (-0.47%)
As of 04/17/2025 04:00 PM Eastern

SHOP vs. CSU, SAP, VDY, DH, BB, LSPD, DV, DCBO, PD, and ABST

Should you be buying Shopify stock or one of its competitors? The main competitors of Shopify include Constellation Software (CSU), Saputo (SAP), Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY), DH (DH), BlackBerry (BB), Lightspeed Commerce (LSPD), Dolly Varden Silver (DV), Docebo (DCBO), Precision Drilling (PD), and Absolute Software (ABST). These companies are all part of the "computer software" industry.

Shopify vs.

Constellation Software (TSE:CSU) and Shopify (TSE:SHOP) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, media sentiment, risk, earnings, valuation, institutional ownership, community ranking and dividends.

Constellation Software has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500. Comparatively, Shopify has a beta of 2.36, indicating that its share price is 136% more volatile than the S&P 500.

In the previous week, Shopify had 3 more articles in the media than Constellation Software. MarketBeat recorded 8 mentions for Shopify and 5 mentions for Constellation Software. Constellation Software's average media sentiment score of 0.77 beat Shopify's score of 0.20 indicating that Constellation Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Constellation Software
0 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral

Constellation Software received 430 more outperform votes than Shopify when rated by MarketBeat users. However, 64.47% of users gave Shopify an outperform vote while only 63.32% of users gave Constellation Software an outperform vote.

CompanyUnderperformOutperform
Constellation SoftwareOutperform Votes
675
63.32%
Underperform Votes
391
36.68%
ShopifyOutperform Votes
245
64.47%
Underperform Votes
135
35.53%

42.0% of Constellation Software shares are held by institutional investors. Comparatively, 70.3% of Shopify shares are held by institutional investors. 5.7% of Constellation Software shares are held by company insiders. Comparatively, 0.2% of Shopify shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Shopify has a net margin of 22.74% compared to Constellation Software's net margin of 6.57%. Constellation Software's return on equity of 27.34% beat Shopify's return on equity.

Company Net Margins Return on Equity Return on Assets
Constellation Software6.57% 27.34% 7.87%
Shopify 22.74%20.32%5.63%

Constellation Software currently has a consensus price target of C$4,459.28, indicating a potential downside of 4.77%. Shopify has a consensus price target of C$131.67, indicating a potential upside of 13.48%. Given Shopify's higher probable upside, analysts clearly believe Shopify is more favorable than Constellation Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Constellation Software
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.00
Shopify
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Shopify has lower revenue, but higher earnings than Constellation Software. Shopify is trading at a lower price-to-earnings ratio than Constellation Software, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Constellation SoftwareC$6.91B10.24C$453.54MC$42.09111.26
ShopifyC$6.35B17.00C$1.44BC$2.2152.53

Summary

Constellation Software beats Shopify 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 TSE 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

MetricShopifySoftware IndustryComputer SectorTSE Exchange
Market CapC$108.06BC$4.63BC$21.38BC$5.51B
Dividend YieldN/A3.18%3.01%6.84%
P/E Ratio52.5325.9939.4130.49
Price / Sales17.00265.082,297.45566.95
Price / Cash13.5216.7034.6783.07
Price / Book13.068.235.653.53
Net IncomeC$1.44BC$64.28MC$736.59MC$300.18M
7 Day Performance-0.31%1.10%1.19%3.55%
1 Month Performance-13.66%-2.83%-6.41%-2.61%
1 Year Performance21.13%-0.16%52,820.64%11.56%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
1.4566 of 5 stars
C$116.03
-0.5%
C$131.67
+13.5%
+21.3%C$108.06BC$6.35B52.5311,600Gap Up
CSU
Constellation Software
0.6755 of 5 stars
C$4,345.00
-0.5%
C$4,334.28
-0.2%
+26.2%C$65.66BC$6.91B103.2445,000
SAP
Saputo
3.0959 of 5 stars
C$24.09
-1.9%
C$31.00
+28.7%
+2.3%C$10.16BC$18.74B-64.50112,000Gap Down
VDY
Vanguard FTSE Canadian High Dividend Yield Index ETF
N/AC$45.61
-2.0%
N/A+10.5%C$3.14BN/A0.00790Gap Down
High Trading Volume
DH
DH
N/AN/AN/AN/AC$2.72BN/A0.00970Gap Up
BB
BlackBerry
0.6384 of 5 stars
C$4.19
-2.1%
C$4.75
+13.4%
+14.7%C$1.73BC$424.99M-13.503,320
LSPD
Lightspeed Commerce
2.5696 of 5 stars
C$11.34
+1.4%
C$18.89
+66.6%
-28.7%C$1.23BC$740.40M-10.081,800Gap Down
DV
Dolly Varden Silver
0.3832 of 5 stars
C$3.45
-0.9%
C$1.60
-53.6%
+296.7%C$1.06BN/A-44.26800High Trading Volume
DCBO
Docebo
1.852 of 5 stars
C$38.71
-1.6%
C$82.00
+111.8%
-33.6%C$827.18MC$147.27M46.02730News Coverage
Gap Down
PD
Precision Drilling
3.2703 of 5 stars
C$57.40
+2.1%
C$119.00
+107.3%
-36.1%C$816.81MC$1.95B3.38950Analyst Forecast
Gap Down
High Trading Volume
ABST
Absolute Software
N/AN/AN/AN/AC$807.42MC$222.06M-23.03740

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This page (TSE:SHOP) was last updated on 4/18/2025 by MarketBeat.com Staff
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