Shopify Inc. (SHOP)

$65.03

+1.15

(+1.8%)

Market is closed - opens 7 PM, 24 Jun 2024

Insights on Shopify Inc.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 2.14B → 1.86B (in $), with an average decrease of 13.2% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 3 quarters, 718.0M → -273.0M (in $), with an average decrease of 75.0% per quarter

  • Vs AMZN

    In the last 1 year, Amazon.com Inc. has given 46.2% return, outperforming this stock by 44.3%

  • Vs ORCL

    In the last 3 years, Oracle Corp. has given 82.0% return, outperforming this stock by 138.0%

Performance

  • $63.43
    $65.18
    $65.03
    downward going graph

    2.47%

    Downside

    Day's Volatility :2.69%

    Upside

    0.23%

    downward going graph
  • $45.50
    $91.57
    $65.03
    downward going graph

    30.03%

    Downside

    52 Weeks Volatility :50.31%

    Upside

    28.98%

    downward going graph

Returns

PeriodShopify Inc.Sector (Technology)Index (Russel 2000)
3 Months
-17.07%
8.8%
0.0%
6 Months
-16.85%
18.9%
0.0%
1 Year
1.94%
35.4%
0.0%
3 Years
-56.66%
57.1%
-24.2%

Highlights

Market Capitalization
83.5B
Book Value
$6.9
Earnings Per Share (EPS)
-0.16
PEG Ratio
1.12
Wall Street Target Price
75.49
Profit Margin
-2.82%
Operating Margin TTM
7.36%
Return On Assets TTM
3.1%
Return On Equity TTM
-2.41%
Revenue TTM
7.4B
Revenue Per Share TTM
5.77
Quarterly Revenue Growth YOY
23.400000000000002%
Gross Profit TTM
2.8B
EBITDA
598.0M
Diluted Eps TTM
-0.16
Quarterly Earnings Growth YOY
4.86
EPS Estimate Current Year
0.98
EPS Estimate Next Year
1.26
EPS Estimate Current Quarter
0.17
EPS Estimate Next Quarter
0.23

Analyst Recommendation

Buy
    50%Buy
    43%Hold
    5%Sell
Based on 53 Wall street analysts offering stock ratings for Shopify Inc.(by analysts ranked 0 to 5 stars)
Based on 53 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
27
25
26
Hold
23
24
24
Sell
3
3
3

Analyst Forecast

What analysts predicted

Upside of 16.08%

Current $65.03
Target $75.49

Company Financials

FY18Y/Y Change
Revenue
1.1B
↑ 59.4%
Net Income
-64.6M
↑ 61.4%
Net Profit Margin
-6.01%
↓ 0.07%
FY19Y/Y Change
Revenue
1.6B
↑ 47.05%
Net Income
-124.8M
↑ 93.39%
Net Profit Margin
-7.91%
↓ 1.9%
FY20Y/Y Change
Revenue
2.9B
↑ 85.63%
Net Income
319.5M
↓ 355.93%
Net Profit Margin
10.91%
↑ 18.82%
FY21Y/Y Change
Revenue
4.6B
↑ 57.43%
Net Income
2.9B
↑ 812.23%
Net Profit Margin
63.2%
↑ 52.29%
FY22Y/Y Change
Revenue
5.6B
↑ 21.42%
Net Income
-3.5B
↓ 218.72%
Net Profit Margin
-61.79%
↓ 124.99%
FY23Y/Y Change
Revenue
7.1B
↑ 26.07%
Net Income
132.0M
↓ 103.81%
Net Profit Margin
1.87%
↑ 63.66%
Q4 FY22Q/Q Change
Revenue
1.7B
↑ 26.99%
Net Income
-624.6M
↑ 294.32%
Net Profit Margin
-36.0%
↓ 24.41%
Q1 FY23Q/Q Change
Revenue
1.5B
↓ 13.08%
Net Income
68.0M
↓ 110.89%
Net Profit Margin
4.51%
↑ 40.51%
Q2 FY23Q/Q Change
Revenue
1.7B
↑ 12.33%
Net Income
-1.3B
↓ 2027.94%
Net Profit Margin
-77.39%
↓ 81.9%
Q3 FY23Q/Q Change
Revenue
1.7B
↑ 1.18%
Net Income
718.0M
↓ 154.77%
Net Profit Margin
41.89%
↑ 119.28%
Q4 FY23Q/Q Change
Revenue
2.1B
↑ 25.09%
Net Income
657.0M
↓ 8.5%
Net Profit Margin
30.64%
↓ 11.25%
Q1 FY24Q/Q Change
Revenue
1.9B
↓ 13.2%
Net Income
-273.0M
↓ 141.55%
Net Profit Margin
-14.67%
↓ 45.31%
FY18Y/Y Change
Total Assets
2.3B
↑ 102.48%
Total Liabilities
164.0M
↑ 45.84%
FY19Y/Y Change
Total Assets
3.5B
↑ 54.76%
Total Liabilities
473.7M
↑ 188.84%
FY20Y/Y Change
Total Assets
7.8B
↑ 122.47%
Total Liabilities
1.4B
↑ 187.53%
FY21Y/Y Change
Total Assets
13.3B
↑ 71.85%
Total Liabilities
2.2B
↑ 62.01%
FY22Y/Y Change
Total Assets
10.8B
↓ 19.36%
Total Liabilities
2.5B
↑ 14.11%
FY23Y/Y Change
Total Assets
11.3B
↑ 5.04%
Total Liabilities
2.2B
↓ 11.33%
Q4 FY22Q/Q Change
Total Assets
10.8B
↓ 3.98%
Total Liabilities
2.5B
↑ 0.32%
Q1 FY23Q/Q Change
Total Assets
11.0B
↑ 1.92%
Total Liabilities
2.5B
↓ 0.45%
Q2 FY23Q/Q Change
Total Assets
9.7B
↓ 11.5%
Total Liabilities
2.2B
↓ 10.65%
Q3 FY23Q/Q Change
Total Assets
10.5B
↑ 7.84%
Total Liabilities
2.2B
↓ 2.68%
Q4 FY23Q/Q Change
Total Assets
11.3B
↑ 7.98%
Total Liabilities
2.2B
↑ 2.43%
Q1 FY24Q/Q Change
Total Assets
11.1B
↓ 1.66%
Total Liabilities
2.2B
↓ 0.63%
FY18Y/Y Change
Operating Cash Flow
9.3M
↑ 18.01%
Investing Cash Flow
-810.6M
↑ 53.77%
Financing Cash Flow
1.1B
↑ 86.52%
FY19Y/Y Change
Operating Cash Flow
70.6M
↑ 657.35%
Investing Cash Flow
-569.5M
↓ 29.75%
Financing Cash Flow
736.4M
↓ 31.32%
FY20Y/Y Change
Operating Cash Flow
425.0M
↑ 501.8%
Investing Cash Flow
-1.9B
↑ 239.23%
Financing Cash Flow
3.6B
↑ 383.11%
FY21Y/Y Change
Operating Cash Flow
504.4M
↑ 18.7%
Investing Cash Flow
-2.3B
↑ 21.53%
Financing Cash Flow
1.6B
↓ 53.62%
FY22Y/Y Change
Operating Cash Flow
-136.4M
↓ 127.05%
Investing Cash Flow
-718.6M
↓ 69.39%
Financing Cash Flow
17.5M
↓ 98.94%
Q4 FY22Q/Q Change
Operating Cash Flow
255.4M
↓ 219.28%
Investing Cash Flow
-718.6M
↓ 58.91%
Financing Cash Flow
6.3M
↑ 83.98%
Q1 FY23Q/Q Change
Operating Cash Flow
100.0M
↓ 60.84%
Investing Cash Flow
-19.0M
↓ 97.36%
Financing Cash Flow
6.0M
↓ 4.64%
Q2 FY23Q/Q Change
Operating Cash Flow
118.0M
↑ 18.0%
Investing Cash Flow
-292.0M
↑ 1436.84%
Financing Cash Flow
26.0M
↑ 333.33%
Q3 FY23Q/Q Change
Operating Cash Flow
278.0M
↑ 135.59%
Investing Cash Flow
-898.0M
↑ 207.53%
Financing Cash Flow
11.0M
↓ 57.69%

Technicals Summary

Sell

Neutral

Buy

Shopify Inc. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Shopify Inc.
Shopify Inc.
14.15%
-16.85%
1.94%
-56.66%
108.54%
Amazon.com Inc.
Amazon.com Inc.
4.44%
23.25%
46.2%
7.93%
97.59%
Adobe Systems Inc.
Adobe Systems Inc.
10.37%
-10.83%
10.05%
-7.1%
77.89%
Oracle Corp.
Oracle Corp.
14.03%
33.25%
19.27%
81.18%
149.38%
Salesforce Inc
Salesforce Inc
-12.03%
-7.95%
16.65%
1.33%
60.63%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Shopify Inc.
Shopify Inc.
624.5
NA
1.12
0.98
-0.02
0.03
NA
6.9
Amazon.com Inc.
Amazon.com Inc.
52.13
52.13
1.99
4.22
0.2
0.06
NA
20.83
Adobe Systems Inc.
Adobe Systems Inc.
47.2
47.2
1.76
16.92
0.34
0.16
NA
33.06
Oracle Corp.
Oracle Corp.
38.42
38.42
1.02
5.59
1.94
0.07
0.01
3.36
Salesforce Inc
Salesforce Inc
43.49
43.49
1.58
8.2
0.09
0.04
0.01
61.47
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Shopify Inc.
Shopify Inc.
Buy
$83.5B
108.54%
624.5
-2.82%
Amazon.com Inc.
Amazon.com Inc.
Buy
$1.9T
97.59%
52.13
6.38%
Adobe Systems Inc.
Adobe Systems Inc.
Buy
$234.3B
77.89%
47.2
24.86%
Oracle Corp.
Oracle Corp.
Buy
$392.8B
149.38%
38.42
19.76%
Salesforce Inc
Salesforce Inc
Buy
$234.3B
60.63%
43.49
15.3%

Institutional Holdings

  • Baillie Gifford & Co Limited.

    4.76%
  • Morgan Stanley - Brokerage Accounts

    3.97%
  • Capital World Investors

    3.86%
  • Vanguard Group Inc

    3.33%
  • T. Rowe Price Associates, Inc.

    2.66%
  • FMR Inc

    2.63%

Company Information

Shopify, a Canadian multinational e-commerce company headquartered in Ottawa, Ontario was established by Scott Lake along with Tobias Lütke, in the year 2006. Shopify created Liquid, a completely open-source web-programming framework which works as a templated language that is written on the web app framework “Ruby on Rails”. It has been in use since 2006. In 2009, the company launched an API (Application programming interface) platform and an App Store. In 2010, a mobile app was introduced for free on the IOS App Store. In fact, the app enables Shopify outlet owners to monitor their stores via the iOS mobile applications. The company raised 7 million USD from a series A Venture Capitalist funding round in the year 2010, the second round of series B raised 15 USD million in the year 2011. In 2015, Shopify was listed on stock exchanges of New York, NYSE and Toronto, TSE by raising over 131 million USD . In the year 2021, Affirm’s IPO enabled Shopify’s 8% stake to be worth $2 billion. Later that year, it acquired Frenzy, a smart application that helps to improve flash sales and a studio for mobile product creation and development based in Toronto called Tiny Hearts. In 2017, they announced a partnership with Amazon which allowed traders to from their Shopify stores on Amazon platforms. To cater to the B2B segment, they acquired handshake which now caters to the B2B e-com platform to sell wholesale goods. 6 River systems which make warehouse robots was acquired in a cash and share deal worth 450 million USD. It also announced its partnership with Alipay to enable cross-border payments It announced the acquisition of Primer, an AR app that allows users to preview home improvement items digitally. Currently Shopify Inc. has a market cap of $81.57 Billion. It has a P.E ratio of -369.8. The shares of Shopify Inc. are trading at $65.03. .

Organization
Shopify Inc.
Employees
8300
CEO
Mr. Tobias Lütke
Industry
Technology Services

FAQs