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Shopify (SHOP) Competitors

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C$153.99 -5.34 (-3.35%)
As of 07/8/2025 04:00 PM Eastern

SHOP vs. CSU, SAP, VDY, DH, BB, LSPD, DV, PD, DCBO, 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), Precision Drilling (PD), Docebo (DCBO), and Absolute Software (ABST). These companies are all part of the "computer software" industry.

Shopify vs. Its Competitors

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

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$6.91B10.88C$453.54MC$42.09118.14
ShopifyC$6.35B22.57C$1.44BC$2.2169.72

In the previous week, Constellation Software and Constellation Software both had 3 articles in the media. Constellation Software's average media sentiment score of 0.53 beat Shopify's score of 0.47 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
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Shopify
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

Constellation Software currently has a consensus target price of C$4,693.67, suggesting a potential downside of 5.60%. Shopify has a consensus target price of C$136.67, suggesting a potential downside of 11.25%. Given Constellation Software's stronger consensus rating and higher possible upside, equities analysts plainly believe Constellation Software is more favorable than Shopify.

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)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

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%

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

Summary

Constellation Software beats Shopify on 11 of the 16 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 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$143.41BC$5.43BC$27.52BC$6.17B
Dividend YieldN/A3.24%3.13%6.72%
P/E Ratio69.7229.0137.1456.52
Price / Sales22.57301.681,946.891,068.65
Price / Cash13.5217.3038.4183.29
Price / Book17.349.087.184.66
Net IncomeC$1.44BC$62.58MC$763.56MC$301.20M
7 Day Performance-1.95%1.26%2.12%1.72%
1 Month Performance0.92%3.72%5.72%4.24%
1 Year Performance67.54%11.00%52,367.21%26.96%

Shopify Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHOP
Shopify
0.929 of 5 stars
C$153.99
-3.4%
C$136.67
-11.2%
+67.5%C$143.41BC$6.35B69.7211,600
CSU
Constellation Software
0.3796 of 5 stars
C$4,993.20
+0.2%
C$4,693.67
-6.0%
+22.8%C$75.46BC$6.91B118.6445,000
SAP
Saputo
2.2588 of 5 stars
C$27.87
+2.4%
C$30.88
+10.8%
-10.8%C$11.75BC$18.74B-74.62112,000
VDY
Vanguard FTSE Canadian High Dividend Yield Index ETF
N/AC$52.10
+0.5%
N/A+20.0%C$3.58BN/A0.00790
DH
DH
N/AN/AN/AN/AC$2.72BN/A0.00970Gap Up
BB
BlackBerry
1.0237 of 5 stars
C$6.26
+0.8%
C$4.75
-24.1%
+73.9%C$2.59BC$424.99M-20.173,320
LSPD
Lightspeed Commerce
1.3437 of 5 stars
C$15.98
+1.5%
C$18.30
+14.5%
-14.8%C$1.74BC$740.40M-14.201,800News Coverage
DV
Dolly Varden Silver
0.3701 of 5 stars
C$4.56
+2.5%
C$1.60
-64.9%
+338.5%C$1.40BN/A-58.50800
PD
Precision Drilling
4.0441 of 5 stars
C$64.49
-0.4%
C$98.33
+52.5%
-25.2%C$917.70MC$1.95B3.79950
DCBO
Docebo
1.1006 of 5 stars
C$39.47
+2.6%
C$60.67
+53.7%
-24.1%C$843.42MC$147.27M46.92730
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 7/9/2025 by MarketBeat.com Staff
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