Shopify (SHOP) - Stock Price & Dividends

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

E-commerce, Platform, Services, Software, Payments, Fulfillment

Shopify Inc., a leading commerce company, offers a comprehensive platform and services to merchants across the globe, spanning Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America.

The company's innovative platform empowers merchants to showcase, manage, market, and sell their 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. This enables merchants to efficiently manage their products and inventory, process orders and payments, fulfill and ship orders, attract new buyers, and build strong customer relationships.

In addition, the platform provides merchants with tools to source products, leverage analytics and reporting, manage cash, payments, and transactions, and access financing options. Shopify also offers custom themes and apps, as well as registration of domain names, to further enhance the merchant experience.

The company's merchant solutions include accepting payments, shipping, and securing working capital, providing a one-stop-shop for merchants to grow their businesses. With its roots dating back to 2004, Shopify Inc. was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Headquartered in Ottawa, Canada, Shopify Inc. has become a leading player in the commerce industry.

For more information, visit Shopify's website at https://www.shopify.com.

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 75,089m
Sector Technology
Industry Software - Application
GiC SubIndustry Internet Services & Infrastructure
TER 0.00%
IPO / Inception 2015-05-21

SHOP Stock Ratings

Growth 5y 28.6
Fundamental 27.3
Dividend -
Rel. Performance vs Sector -2.68
Analysts 3.78/5
Fair Price Momentum 60.43 USD
Fair Price DCF 17.84 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 4.56%
Growth Correlation 12m 23%
Growth Correlation 3m -56%
CAGR 5y 17.15%
CAGR/Mean DD 5y 0.45
Sharpe Ratio 12m -0.01
Alpha vs SP500 12m -34.08
Beta vs SP500 5y weekly 1.70
ValueRay RSI 76.81
Volatility GJR Garch 1y 39.91%
Price / SMA 50 2.97%
Price / SMA 200 -1.59%
Current Volume 17910.4k
Average Volume 20d 11116.4k

External Links for SHOP Stock

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What is the price of SHOP stocks?
As of June 15, 2024, the stock is trading at USD 67.66 with a total of 17,910,393 shares traded.
Over the past week, the price has changed by +9.86%, over one month by +16.59%, over three months by -13.72% and over the past year by +2.70%.
What are the forecast for SHOP stock price target?
According to ValueRays Forecast Model, SHOP Shopify will be worth about 68.5 in June 2025. The stock is currently trading at 67.66. This means that the stock has a potential upside of +1.23%.
Issuer Forecast Upside
Wallstreet Target Price 76.6 13.2
Analysts Target Price 66.1 -2.25
ValueRay Target Price 68.5 1.23
```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 L├╝tke, 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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