Shopify (SHOP) - Stock Price & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA82509L1076

E-commerce, Platform, Payments, Shipping, Marketplace

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

Their innovative platform empowers merchants to showcase, manage, market, and sell their products seamlessly 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.

Beyond sales, the platform enables merchants to efficiently manage their products and inventory, process orders and payments, fulfill and ship orders, connect with new buyers, build strong customer relationships, source products, leverage analytics and reporting, manage cash, payments, and transactions, and access financing options.

In addition to its core platform, Shopify offers a range of complementary services, including custom themes and apps, domain name registration, and merchant solutions such as payment acceptance, shipping, and working capital financing.

Founded in 2004 as Jaded Pixel Technologies Inc., the company rebranded as Shopify Inc. in November 2011. Headquartered in Ottawa, Canada, Shopify has established itself as a pioneer in the e-commerce space, providing businesses of all sizes with the tools and resources needed to succeed in the digital economy.

Learn more about Shopify's innovative solutions 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 82,916m
Sector Technology
Industry Software - Application
GiC SubIndustry Application Software
TER 0.00%
IPO / Inception

SHOP Stock Ratings

Growth 5y 28.5
Fundamental 24.1
Dividend -
Rel. Performance vs Sector -2.73
Analysts -
Fair Price Momentum 80.03 CAD
Fair Price DCF 19.37 CAD

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 5.89%
Growth Correlation 12m 25%
Growth Correlation 3m -44%
CAGR 5y 16.74%
CAGR/Mean DD 5y 0.44
Sharpe Ratio 12m 0.01
Alpha vs SP500 12m -32.02
Beta vs SP500 5y weekly 1.47
ValueRay RSI 55.48
Volatility GJR Garch 1y 39.91%
Price / SMA 50 0.32%
Price / SMA 200 -4.73%
Current Volume 12394.4k
Average Volume 20d 2798.8k

External Links for SHOP Stock

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What is the price of SHOP stocks?
As of June 22, 2024, the stock is trading at CAD 89.06 with a total of 12,394,379 shares traded.
Over the past week, the price has changed by -4.17%, over one month by +14.40%, over three months by -17.29% and over the past year by +7.09%.
What are the forecast for SHOP stock price target?
According to ValueRays Forecast Model, SHOP Shopify will be worth about 90.2 in June 2025. The stock is currently trading at 89.06. This means that the stock has a potential upside of +1.29%.
Issuer Forecast Upside
Wallstreet Target Price 100.6 13.0
Analysts Target Price - -
ValueRay Target Price 90.2 1.29

Shopify Inc: From Inception to E-commerce Powerhouse

History of Shopify

Shopify Inc. began its journey in 2006, born from a simple need. Its founders were attempting to open an online store for snowboarding equipment but found the existing e-commerce platforms lacking. This frustration led them to create their solution, which has now evolved into the Shopify platform. A testament to innovation, Shopify was designed to simplify the online selling process, making it accessible to everyone, from small startups to large enterprises.

Core Business

At its core, Shopify offers a comprehensive e-commerce platform which enables merchants to set up their online stores. It provides a wide range of tools and services, including payment processing, marketing, shipping, and customer engagement tools, to support businesses in their growth. Its user-friendly interface allows anyone to create a professional-looking store without needing extensive tech skills. The platform supports businesses of all sizes, offering scalable solutions as a company grows.

Side Businesses

Besides its primary e-commerce platform, Shopify has ventured into various other areas. One significant side business is Shopify Payments, which streamlines the payment process for its users. Additionally, Shopify Capital offers funding to merchants, helping them scale their businesses. The company has also expanded into logistics with Shopify Fulfillment Network, aiming to offer fast and reliable shipping solutions. These ancillary services not only complement its core offerings but also provide additional value to its users.

Current Market Status

In recent years, Shopify has seen remarkable growth, thanks in part to the surge in online shopping. As of the latest data, it is considered one of the largest e-commerce platforms globally, with millions of active users and businesses. The company continues to innovate, regularly introducing new features and services to better serve its users. Despite facing competition from other giants in the industry, Shopify's focus on simplicity, flexibility, and empowerment keeps it at the forefront of the e-commerce space.