How high will Shopify stock go?
Shopify Inc. gained 14.12% on the last trading... Shopify Inc. [NYSE: SHOP] gained 14.12% on the last trading session, reaching $587.65 price per share at the time. The company report on February 16, 2022 that Shopify Announces Fourth-Quarter and Full-Year ...
Is Shopify a good investment?
TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions.
Is Shopify stock a Buy Right Now?
This means that, if you buy Shopify today, you’d be paying a relatively reasonable price for it. Keep in-mind that a P/E of 33x implies a lot of future growth, which we should watch over to make sure is being delivered.
Should I invest in Shopify?
Shopify Inc. (NYSE: SHOP), a leading e-commerce platform, was once a favorite stay-at-home stock and surged during the pandemic lockdowns. The reopening of the economy and a stock rotation to ...
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What is the prediction for Shopify stock?
The 35 analysts offering 12-month price forecasts for Shopify Inc have a median target of 44.20, with a high estimate of 75.00 and a low estimate of 30.00. The median estimate represents a +40.12% increase from the last price of 31.55.
Does Shopify stock pay dividends?
Does Shopify pay dividends? No, we have never declared or paid any dividends and we do not anticipate paying any cash dividends in the foreseeable future. We currently intend to retain future earnings, if any, to finance operations and expand our business.
Is Shopify public?
Shopify went public on May 21, 2015, and in its debut on the New York Stock Exchange, started trading at $28, more than 60% higher than its US$17 offering price, with its IPO raising more than $131 million.
Who owns the most Shopify stock?
Top 10 Owners of Shopify IncStockholderStakeShares ownedMorgan Stanley Investment Managem...2.46%28,056,550The Vanguard Group, Inc.2.25%25,660,710Fidelity Management & Research Co...1.93%22,018,940Sands Capital Management LLC1.86%21,275,8106 more rows
Is it too late to invest in Shopify?
It is never too late to invest in a great company, and Shopify has all the hallmarks of one. A visionary CEO, a large TAM, and impressive growth rates suggest that it will continue to perform and reward shareholders.
Who is Shopify owned by?
Tobi Lütke, billionaire founder of Shopify. Tobi Lutke, the Canadian CEO and founder of e-commerce platform Shopify, has a net worth that's doubled to $3.2 billion in just six months, thanks to his company's skyrocketing stock.
Is Shopify a buy right now?
An inexpensive valuation coupled with excellent long-term prospects makes Shopify stock a buy in my book. The near-term risk of decreasing online spending during economic reopening is palpable, to be sure.
Why did Shopify stock crash?
But high-flying inflation, a pullback in consumer spending online compared to during the pandemic, and increased competition are punishing the company, sending shares of Shopify plummeting 76% year-to-date to $331.42 at the start of trading Monday.
Is Shopify stock profitable?
Shopify is a company with considerable growth opportunities, but it also has questionable profitability and its shares are very expensive still. Declining interest rates could be positive for SHOP, and a potential resurgence of Covid could also be beneficial for e-commerce companies.
What ETF holds Shopify?
Shopify, Inc. Class A is a company in the U.S. stock market and it is a holding in 71 U.S.-traded ETFs. SHOP has around 1.3M shares in the U.S. ETF market. The largest ETF holder of SHOP is the ARK Innovation ETF (ARKK), with approximately 600.65K shares.
How many shareholders does Amazon have?
Top 10 Owners of Amazon.com IncStockholderStakeShares ownedThe Vanguard Group, Inc.6.33%643,729,300BlackRock Fund Advisors3.62%368,439,540SSgA Funds Management, Inc.3.26%331,860,020T. Rowe Price Associates, Inc. (I...3.16%321,826,8806 more rows
Who are the major shareholders of Fox News?
Top 10 Owners of Fox CorpStockholderStakeShares ownedThe Vanguard Group, Inc.6.92%16,962,992Dodge & Cox5.22%12,801,764Yacktman Asset Management LP3.49%8,551,091BlackRock Fund Advisors3.24%7,932,5456 more rows
Should I buy or sell Shopify stock right now?
36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 1 sell rating, 15 hold rati...
What is Shopify's stock price forecast for 2022?
36 Wall Street analysts have issued 12-month target prices for Shopify's shares. Their forecasts range from $400.00 to $2,000.00. On average, they...
How has Shopify's stock performed in 2022?
Shopify's stock was trading at $1,377.39 at the start of the year. Since then, SHOP shares have decreased by 74.7% and is now trading at $348.43....
When is Shopify's next earnings date?
Shopify is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Shopify .
How were Shopify's earnings last quarter?
Shopify Inc. (NYSE:SHOP) issued its earnings results on Thursday, May, 5th. The software maker reported $0.20 earnings per share (EPS) for the quar...
When did Shopify's stock split? How did Shopify's stock split work?
Shares of Shopify split before market open on Wednesday, June 29th 2022. The 10-1 split was announced on Monday, April 11th 2022. The newly created...
Who are Shopify's key executives?
Shopify's management team includes the following people: Mr. Tobias Lütke , Founder, Chairman & CEO (Age 41, Pay $1) Mr. Harley Finkelstein , P...
What is Tobias Lütke's approval rating as Shopify's CEO?
468 employees have rated Shopify CEO Tobias Lütke on Glassdoor.com . Tobias Lütke has an approval rating of 93% among Shopify's employees. This pu...
Who are some of Shopify's key competitors?
Some companies that are related to Shopify include Oracle (ORCL) , Salesforce (CRM) , Intuit (INTU) , ServiceNow (NOW) , NetEase (NTES) , Act...
Is Shopify stock a Buy, Sell or Hold?
Shopify stock has received a consensus rating of hold. The average rating score is and is based on 40 buy ratings, 41 hold ratings, and 0 sell rati...
What was the 52-week low for Shopify stock?
The low in the last 52 weeks of Shopify stock was 308.60. According to the current price, Shopify is 112.91% 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 1,762.21. According to the current price, Shopify is 19.77% away from the 52-week high.
What are analysts forecasts for Shopify stock?
The 81 analysts offering price forecasts for Shopify have a median target of 1,207.52, with a high estimate of 1,900.00 and a low estimate of 400.0...
About Shopify
Shopify (NYSE:SHOP) Frequently Asked Questions
Shopify, Inc. operates a 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.
What is Shopify platform?
35 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shopify in the last year. There are currently 16 hold ratings and 19 buy ratings for the stock.
Where is Shopify headquartered?
It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools.
How many websites will be on Shopify in 2021?
Fiscal Q1 2021 ended 3/31/21. Reported on 4/27/21. Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.
New York Stock Exchange
According to Builtwith, 1.58 million websites run on Shopify as of 2021. The total gross merchandise volume exceeded US$61 billion for calendar 2019. As of 2021, Shopify is the largest publicly traded Canadian company by market capitalization.
Environmental, Social, and Governance Rating
Shopify's e-commerce platform allows merchants of all sizes to build an online presence, including storefronts and fulfillment, payment, and shipping services.
Business Summary
"A" score indicates excellent relative ESG performance and a high degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
