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Shopify Inc. (SHOP)

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59.27 -3.39 (-5.41%)
At close: July 24 at 4:00 PM EDT
59.13 -0.14 (-0.24%)
Pre-Market: 6:51 AM EDT
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Shopify Inc. Overview Software - Application / Technology

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

www.shopify.com

8,300

Full Time Employees

December 31

Fiscal Year Ends

Recent News: SHOP

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Related Videos: SHOP

Top 3 tech picks ahead of Q2 earnings: Evercore's Mahaney

Evercore ISI managing director and head of internet research Mark Mahaney joins Catalysts to discuss his top picks in the tech sector ahead of this week's major earnings. "We've had a big rally in a lot of these stocks. I refer to six stocks as the Super Six.' It's Google (GOOG, GOOGL), Amazon (AMZN), Meta [Platforms] (META), Netflix (NFLX), Spotify (SPOT), Trade Desk (TTD). They're all up 30 to 60% year to date. Having said that, it's hard to materially outperform if you're up that much year to date, off of reasonable valuations to begin the year, not off of beaten-down lows, which was the case last year. So I want to be highly selective here," Mahaney explains. He is bullish on Alphabet because of its product cycle and growth in its YouTube platform, also pointing to Uber (UBER) as his number two pick, "I think we just had some dislocation in the stock recently over fears of robotaxis and how that could disrupt ridesharing. I don't think it will. I think robotaxis will be part of the ridesharing solution." On the other hand, Mahaney does not have Amazon in his top three list of tech stocks despite maintaining its Buy rating. He explains, "I was a little concerned about some of the iffy retail sales data points that we've seen. April and May were weak. However, June came back gangbusters, so there may not be. There probably isn't a problem with Amazon retail..." Catch Catalysts' full interview with Mark Mahaney. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl

Performance Overview: SHOP

Trailing total returns as of 7/24/2024, which may include dividends or other distributions. Benchmark is

S&P 500
.

YTD Return

SHOP
23.92%
S&P 500
13.78%

1-Year Return

SHOP
9.61%
S&P 500
19.64%

3-Year Return

SHOP
63.93%
S&P 500
23.01%

5-Year Return

SHOP
79.49%
S&P 500
80.58%

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Statistics: SHOP

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Valuation Measures

Annual
As of 4/2/2024
  • Market Cap

    76.36B

  • Enterprise Value

    72.33B

  • Trailing P/E

    781.20

  • Forward P/E

    61.35

  • PEG Ratio (5yr expected)

    1.12

  • Price/Sales (ttm)

    10.35

  • Price/Book (mrq)

    8.59

  • Enterprise Value/Revenue

    9.76

  • Enterprise Value/EBITDA

    288.18

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -2.82%

  • Return on Assets (ttm)

    3.10%

  • Return on Equity (ttm)

    -2.41%

  • Revenue (ttm)

    7.41B

  • Net Income Avi to Common (ttm)

    -209M

  • Diluted EPS (ttm)

    -0.16

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    5.18B

  • Total Debt/Equity (mrq)

    12.87%

  • Levered Free Cash Flow (ttm)

    773.5M

Research Analysis: SHOP

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Earnings Per Share

Consensus EPS
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

82.71
108.16 Average
59.27 Current
137.86 High
 

Company Insights: SHOP

Research Reports: SHOP

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