Shopify (SHOP) - Stock Price & Dividends

Exchange: USA Stocks • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA82509L1076

Shopify Inc. (NYSE: SHOP) is a Canadian commerce company that offers a powerful commerce platform and a wide range of services globally. Operating in regions including Canada, the United States, Europe, the Middle East, Africa, Asia Pacific, Australia, China, and Latin America, they empower merchants to showcase, manage, promote, and sell their products across multiple sales channels.

Merchants using Shopify's platform can easily market their products through web and mobile storefronts, brick-and-mortar retail outlets, pop-up shops, social media platforms, mobile applications, buy buttons, and online marketplaces. The platform facilitates tasks such as product and inventory management, order processing, payment handling, order fulfillment and shipping, customer acquisition and retention, product sourcing, analytics and reporting, financial management, and access to financing options.

In addition to its platform, Shopify offers custom themes, apps, domain name registration services, and merchant solutions that encompass payment processing, shipping logistics, and funding to support business operations. Originally known as Jaded Pixel Technologies Inc., the company rebranded as Shopify Inc. in November 2011. Founded in 2004, Shopify is headquartered in Ottawa, Canada. Visit their website at https://www.shopify.com for more information.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Shopify (SHOP) - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Shopify (SHOP) - Stock Price & Dividends

SHOP Stock Overview

Market Cap in USD 100,369m
Sector Technology
Industry Software - Application
GiC SubIndustry Internet Services & Infrastructure
TER 0.00%
IPO / Inception 2015-05-21

SHOP Stock Ratings

Fundamental -0.80
Dividend -
Growth 5y 4.65
Rel. Performance vs Sector 1.69
Analysts 3.51/5
Fair Price Momentum 75.92 USD
Fair Price DCF 15.24 USD

SHOP Dividends

Yield 12m 0.00%
Yield on Cost 5y 0.00%
Dividends CAGR 5y 0.00%
Payout Consistency 0.0%

SHOP Growth Ratios

Growth 12m 65.92%
Growth Correlation 12m 52%
Growth Correlation 3m -10%
CAGR 5y 30.14%
Sharpe Ratio 12m 1.10
Alpha vs SP500 12m 15.73
Beta vs SP500 5y weekly 1.71
ValueRay RSI 30.56
Volatility GJR Garch 1y 53.00%
Price / SMA 50 -2.61%
Price / SMA 200 14.38%
Current Volume 4261k
Average Volume 20d 6707.9k

External Links for SHOP Stock

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Fund Manager Positions
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What is the price of SHOP stocks?
As of March 29, 2024, the stock is trading at USD 77.17 with a total of 4,260,950 shares traded.
Over the past week, the price has changed by -3.04%, over one month by +2.13%, over three months by -2.45% and over the past year by +74.16%.
What is the forecast for SHOP stock price target?
According to ValueRays Forecast Model, SHOP Shopify will be worth about 86.1 in March 2025. The stock is currently trading at 77.17. This means that the stock has a potential upside of +11.58%.
Issuer Forecast Upside
Wallstreet Target Price 82.1 6.36%
Analysts Target Price 66.1 -14.3%
ValueRay Target Price 86.1 11.6%
```html Shopify Inc: A Comprehensive Overview

The Evolution and Business Dimensions of Shopify Inc

Shopify Inc, often simply referred to as Shopify, embarked on its journey in 2006. Originating from Ottawa, Canada, it was created by Tobias Lütke, Daniel Weinand, and Scott Lake. The genesis for Shopify was born out of their personal frustration in finding a user-friendly e-commerce platform for their snowboarding business. This driven team thus built the platform they needed, which has since evolved into a global e-commerce giant.

Core Business

At its heart, Shopify is a commerce platform that makes it easier for individuals and companies of all sizes to sell their products online. The platform offers a plethora of tools to users, enabling them to create and manage an online store. This includes solutions for marketing, payments, checkout, shipping, and customer engagement, among others. The idea is to provide a comprehensive suite of services that facilitate e-commerce operations without the need of advanced technical skills.

Side Businesses and Extensions

Beyond its primary e-commerce platform, Shopify has strategically expanded into related areas to bolster its core offerings. This includes the launch of Shopify Payments, which simplifies the transaction process for merchants and customers alike. Additionally, Shopify Capital offers financing solutions to help businesses grow, and Shopify Shipping aids in streamlining logistics and delivery. Furthermore, the company has invested in enhancing its mobile experience and has experimented with augmented reality to enrich online shopping experiences.

Current Market Status

As of the latest updates, Shopify continues to be a dominant force in the e-commerce industry. The company has experienced exponential growth, expanding its user base globally and continuously adding more features to support its diverse clientele. While the COVID-19 pandemic initially posed challenges, Shopify saw a significant increase in demand as more businesses moved online. The company's stock, listed as NYSE:SHOP, has been subject to the usual market fluctuations but remains a key player in the tech and e-commerce sectors. Shopify is committed to innovation and adapting to the changing retail landscape, aiming to remain at the forefront of the digital commerce revolution.

In conclusion, Shopify Inc stands as a testament to entrepreneurial spirit, strategic expansion, and technological innovation. From its inception to its current status in the market, Shopify continues to empower businesses worldwide, contributing significantly to the evolving digital economy.

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