Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

Shopify Inc (A) Stock , SHOP

59.66 +0.39 +0.66%
After-market 07:23:10 PM EDT 7/24/2024 BTT
Plus500. 80% of retail CFD accounts lose money
59.27 -3.40 -5.43%
Official Close 03:59:59 PM EDT 7/24/2024 BTT
News Analyst Data Analyst Opinions Insider Activity Dividend Calendar

On Tuesday 07/23/2024 the closing price of the Shopify Inc (A) share was $59.27 on BTT. Compared to the opening price on Tuesday 07/23/2024 on BTT of $62.60, this is a drop of 5.62%. Shopify Inc (A)'s market capitalization is $80.58 B by 1.21 B shares outstanding.
Is Shopify stock a Buy, Sell or Hold? Shopify stock has received a consensus rating of buy. The average rating score is and is based on 44 buy ratings, 41 hold ratings, and 5 sell ratings.
What was the 52-week low for Shopify stock? The low in the last 52 weeks of Shopify stock was 45.51. According to the current price, Shopify is 131.09% away from the 52-week low.
What was the 52-week high for Shopify stock? The high in the last 52 weeks of Shopify stock was 92.93. According to the current price, Shopify is 64.20% away from the 52-week high.
What are analysts forecasts for Shopify stock? The 90 analysts offering price forecasts for Shopify have a median target of 68.96, with a high estimate of 105.00 and a low estimate of 40.00. The median estimate represents a 86.52 difference from the last price of 59.66.

Shopify A Stock Snapshot

59.07
Bid
200.00
Bid Size
59.27
Ask
14.00
Ask Size
7/24/2024
Date
7:23 PM
Time
496,985.00
Volume
59.27
Prev. Close
62.12
Open
80.66 B
Market Cap in USD
1.21 B
Number of Shares
59.17
Day Low
62.50
Day High
59.66
45.51
52 Week Low
92.93
52 Week High
59.66
0.00
Dividend in CAD
0.00
Dividend Yield
744.30
P/E Ratio
99.67
Free Float in %
0.14
EPS in CAD
9.29
Book Value per Share in CAD
0.98
Cash Flow per Share in CAD
Trade Now

Historical Prices for Shopify

Loading..
Date Open Close Daily High Daily Low
Price change over selected period: 0% 0

Shopify Analyst Data

Total Analysts: 90
Buy Ratings: 44 Neutral Ratings: 41 Sell Ratings: 5
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 40.00 Median: 68.96 Highest: 105.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.

Shopify Analyst Opinions

  • All
  • Buy
  • Hold
  • Sell
Date Analyst Rating Price
07/24/24 Piper Sandler
Maintained Hold $67
07/16/24 Wolfe Research
Maintained Buy $80
07/16/24 Bank of America Merrill Lynch
Upgraded to Buy $82
06/26/24 Citigroup Corp.
Maintained Buy $96
06/14/24 Evercore
Upgraded to Buy $75
06/11/24 J.P. Morgan
Maintained Buy $74
05/28/24 Goldman Sachs
Maintained Buy $74
05/22/24 Goldman Sachs
Upgraded to Buy $74
05/09/24 D.A. Davidson & Co.
Maintained Buy $84
05/09/24 TD Securities
Maintained Hold $72
05/09/24 CIBC World Markets Inc.
Maintained Buy $85
05/09/24 Capital Depesche
Maintained Buy $80
05/09/24 JMP Securities LLC
Upgraded to Buy $80
05/09/24 Citigroup Corp.
Maintained Buy $95
05/09/24 RBC Capital Markets
Maintained Buy $85
05/09/24 Wells Fargo & Co
Maintained Buy $75
05/09/24 Deutsche Bank
Maintained Buy $80
05/09/24 Barclays Capital
Maintained Hold $63
05/09/24 Goldman Sachs
Maintained Hold $67
05/09/24 Mizuho
Maintained Hold $65
05/09/24 Baird Patrick & Co
Maintained Buy $77
05/09/24 Needham & Company, LLC
Maintained Hold
05/09/24 Piper Sandler
Upgraded to Hold $63
05/07/24 The Benchmark Company
Maintained Hold
04/29/24 Citigroup Corp.
Upgraded to Buy $105
04/19/24 Morgan Stanley
Upgraded to Buy $85
04/16/24 Needham & Company, LLC
Maintained Hold
04/15/24 Loop Capital
Maintained Hold $80
04/11/24 Piper Sandler
Maintained Sell $63
04/03/24 Baird Patrick & Co
Maintained Buy $87
02/29/24 Goldman Sachs
Maintained Hold $75
02/14/24 UBS
Maintained Hold $80
02/14/24 Wells Fargo & Co
Maintained Buy $85
02/14/24 Mizuho
Maintained Hold $75
02/14/24 Barclays Capital
Maintained Hold $68
02/14/24 RBC Capital Markets
Maintained Buy $100
02/14/24 Piper Sandler
Maintained Sell $63
02/02/24 Wells Fargo & Co
Maintained Buy $90
01/22/24 RBC Capital Markets
Maintained Buy $100
01/18/24 Piper Sandler
Maintained Sell $56
01/18/24 Exane BNP Paribas
Downgraded to Sell
01/18/24 Barclays Capital
Maintained Hold $70
12/18/23 JMP Securities LLC
Downgraded to Hold
12/12/23 DZ BANK
Downgraded to Sell $65
12/06/23 Deutsche Bank
Maintained Buy $85
12/06/23 RBC Capital Markets
Maintained Buy $100
12/06/23 Wedbush Morgan Securities Inc.
Downgraded to Hold
12/04/23 Morgan Stanley
Maintained Hold $74
11/28/23 Piper Sandler
Downgraded to Sell $56
11/03/23 Morgan Stanley
Maintained Hold $62

Shopify Estimates* in CAD

  2024 2025 2026 2027 2028
Revenue 11,700 14,090 17,063 21,104 25,242
Dividend 0.00 1.14 0.00 0.00 -
Dividend Yield (in %) 0.00 % 1.39 % 0.00 % 0.00 % -
EPS 1.33 1.75 2.31 2.69 3.20
P/E Ratio 61.45 46.90 35.45 30.42 25.55
EBIT 1,609 2,270 3,164 4,141 4,363
EBITDA 1,666 2,320 3,269 4,224 4,411
Net Profit 1,722 2,262 2,981 3,661 4,275
Net Profit Adjusted 1,746 2,314 2,981 3,619 4,275
Pre-Tax Profit 1,807 2,218 3,206 4,036 5,017
Net Profit (Adjusted) 724 1,753 2,874 3,690 -
EPS (Non-GAAP) ex. SOE 1.33 1.75 2.31 2.69 3.20
EPS (GAAP) 0.47 1.27 1.91 2.55 3.21
Gross Income 5,950 7,148 8,683 10,300 -
Cash Flow from Investing -11 -254 -895 - -
Cash Flow from Operations 1,745 2,453 3,318 4,956 6,210
Cash Flow from Financing -11 -254 -895 - -
Cash Flow per Share 1.55 2.02 2.62 3.48 4.38
Free Cash Flow 1,737 2,309 3,195 4,122 6,052
Free Cash Flow per Share 1.35 1.77 2.57 3.17 4.55
Book Value per Share 10.38 12.16 14.64 18.11 22.36
Net Debt -8,141 -10,426 -12,055 -16,161 -25,575
Research & Development Exp. 1,692 1,903 2,294 2,600 -
Capital Expenditure 30 48 58 97 67
Selling, General & Admin. Exp. 2,506 2,794 3,263 - -
Shareholder’s Equity 13,481 15,703 19,537 23,986 29,778
Total Assets 16,849 19,227 21,514 - -
  Previous Quarter
ending 06/30/24 		Current Quarter
ending 09/30/24 		Next Quarter
ending 12/31/24 		Current Year
ending 12/31/24 		Next Year
ending 12/31/25
Earnings Estimates
No. of Analysts 36 33 32 40 39
Average Estimate 0.279 CAD 0.317 CAD 0.492 CAD 1.332 CAD 1.746 CAD
Year Ago -1.375 CAD 0.750 CAD 0.697 CAD 0.140 CAD -
Publish Date 8/7/2024 10/31/2024 2/12/2025 - -
Revenue Estimates
No. of Analysts 37 36 36 43 42
Average Estimate 2,753 CAD 2,838 CAD 3,552 CAD 11,700 CAD 14,090 CAD
Year Ago 2,275 CAD 2,299 CAD 2,920 CAD 9,529 CAD -
Publish Date 8/7/2024 10/31/2024 2/12/2025 - -
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet

Income Statements in Mio. CAD

2023 2022 2021 2020 2019 2018 2017
Sales 9,528.79 7,290.20 5,782.03 3,929.33 2,094.07 1,391.06 873.96
Change of sales in % 30.71 26.08 47.15 87.64 50.54 59.17 69.43
Gross profit on sales 4,706.36 3,536.96 3,056.60 2,016.86 1,126.61 758.11 481.44
Gross profit on sales change in % 33.06 15.72 51.55 79.02 48.61 57.47 79.74
Operating income 117.42 -864.64 410.61 173.26 -180.41 -113.74 -68.22
Operating income change in % - - 136.98 - -58.62 -66.73 -40.33
Income before tax 249.69 -4,716.42 3,937.46 322.40 -127.14 -83.67 -51.91
Income before tax change in % - - 1,121.30 - -51.95 -61.17 -10.83
Income after tax 179.51 -4,504.96 3,654.20 428.56 -165.65 -83.67 -51.91
Income after tax change in % - - 752.67 - -97.98 -61.17 -10.83

Balance Sheet in Mio. CAD

2023 2022 2021 2020 2019 2018 2017
Total liabilities 2,944.43 3,412.12 2,787.56 1,735.42 614.33 229.78 143.27
Long-term liabilities per share 1.37 1.77 1.51 0.96 0.18 0.04 0.02
Equity 11,954.43 11,163.28 14,063.08 8,154.52 3,910.65 2,855.57 1,254.33
Equity change in % 7.09 -20.62 72.46 108.52 36.95 127.66 127.87
Balance sheet total 14,898.86 14,575.40 16,850.64 9,889.94 4,524.98 3,085.35 1,397.60
Balance sheet total change in % 2.22 -13.50 70.38 118.56 46.66 120.76 112.45

Key Data in CAD

2023 2022 2021 2020 2019 2018 2017
Sales per share 7.36 5.76 4.54 3.18 1.85 1.32 0.91
P/E ratio (year end quote, basic EPS) 744.30 - 59.42 401.04 - - -
P/E ratio (year end quote, diluted EPS) 744.30 - 60.71 414.09 - - -
P/E ratio (year end quote) 744.30 - 59.42 401.04 - - -
Dividend yield in % 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Equity ratio in % 80.24 76.59 83.46 82.45 86.42 92.55 89.75
Debt ratio in % 19.76 23.41 16.54 17.55 13.58 7.45 10.25

Shopify A Dividend Calendar

Date Name Dividend *yield Currency
2023 Shopify Inc (A) 0.00 0.00 CAD
2022 Shopify Inc (A) 0.00 0.00 CAD
2021 Shopify Inc (A) 0.00 0.00 CAD
2020 Shopify Inc (A) 0.00 0.00 CAD
2019 Shopify Inc (A) 0.00 0.00 CAD
2018 Shopify Inc (A) 0.00 0.00 CAD
2017 Shopify Inc (A) 0.00 0.00 CAD
2016 Shopify Inc (A) 0.00 0.00 CAD
2015 Shopify Inc (A) 0.00 0.00 CAD
2014 Shopify Inc (A) - - CAD
2013 Shopify Inc (A) - - CAD
2012 Shopify Inc (A) - - CAD
*Yield of the Respective Date

Shopify Inc (A) Calendar

Event Estimate Info Date
Earnings Report 0.279 CAD Q2 2024 Earnings Release 08/07/2024
Earnings Report 0.317 CAD Q3 2024 Earnings Release 10/31/2024
Earnings Report 0.492 CAD Q4 2024 Earnings Release 02/12/2025
Earnings Report 0.338 CAD Q1 2025 Earnings Release 05/01/2025
Earnings Report 0.375 CAD Q2 2025 Earnings Release 07/30/2025

Shopify Inc (A) Past Events

Event Actual EPS Info Date
Annual General Meeting - Annual General Meeting 06/04/2024
Earnings Report -0.286 CAD Q1 2024 Earnings Release 05/08/2024

Shopify Profile

Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar, and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.

Moody’s Daily Credit Risk Score

Risk
  • Low
  • Medium
  • High
6
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure.

Shopify Shareholder

Owner in %
Freefloat 99.67
Baillie Gifford & Co. 5.08
Baillie Gifford & Co. 4.96
Capital Research & Management Co. (World Investors) 4.11
Morgan Stanley Investment Management, Inc. 4.00
Morgan Stanley Investment Management, Inc. 3.63
Capital Research & Management Co. (Global Investors) 3.16
T Rowe Price Associates, Inc. (13F Subfiler) 2.83
Capital Research & Management Co. (Global Investors) 2.79
Vanguard Group, Inc. (Subfiler) 2.36
American Funds Growth Fund of America 2.32
Fidelity Management & Research Co. LLC 2.29
JPMorgan Investment Management, Inc. 2.07
American Funds EuroPacific Growth Fund 1.92
GQG Partners LLC 1.73
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.