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SHOP - Shopify - 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 offers a comprehensive platform and services to merchants across the globe, including Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America.

The company's platform is designed to empower merchants to successfully sell their products through various sales channels, such as web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces. Additionally, the platform provides a range of tools and features that enable merchants to efficiently manage their products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, and leverage analytics and reporting.

Shopify also offers a range of additional services and solutions to its merchants, including custom themes and apps, domain name registration, and merchant solutions such as payment acceptance, shipping, and access to working capital. This comprehensive suite of services enables merchants to focus on growing their business, while Shopify handles the technical and logistical aspects of commerce.

Founded in 2004 as Jaded Pixel Technologies Inc., the company changed its name to Shopify Inc. in November 2011. Today, Shopify Inc. is headquartered in Ottawa, Canada, and is a leading player in the global commerce industry. With its innovative platform and services, Shopify has become a trusted partner for merchants of all sizes, from small startups to large enterprises.

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

Drawdown (Underwater) Chart

Overall Trend and Yearly Seasonality

SHOP Stock Overview

Market Cap in USD	77,247m
Sector	Technology
Industry	Software - Application
GiC SubIndustry	Application Software
TER	0.00%
IPO / Inception

SHOP Stock Ratings

Growth 5y	26.5
Fundamental	24.3
Dividend	0.00
Rel. Performance vs Sector	-3.53
Analysts	-
Fair Price Momentum	73.90 CAD
Fair Price DCF	19.02 CAD

SHOP Dividends

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

SHOP Growth Ratios

Growth 12m	-5.11%
Growth Correlation 12m	17%
Growth Correlation 3m	13%
CAGR 5y	14.55%
CAGR/Mean DD 5y	0.38
Sharpe Ratio 12m	-0.21
Alpha vs SP500 12m	-33.28
Beta vs SP500 5y weekly	1.48
ValueRay RSI	20.96
Volatility GJR Garch 1y	38.53%
Price / SMA 50	-3.72%
Price / SMA 200	-12.59%
Current Volume	1341.9k
Average Volume 20d	2300.2k

External Links for SHOP Stock

Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle

What is the price of SHOP stocks?
As of July 27, 2024, the stock is trading at CAD 82.93 with a total of 1,341,880 shares traded.
Over the past week, the price has changed by -4.41%, over one month by -7.52%, over three months by -14.92% and over the past year by -6.90%.

What are the forecast for SHOP stock price target?
According to ValueRays Forecast Model, SHOP Shopify will be worth about 83.1 in July 2025. The stock is currently trading at 82.93. This means that the stock has a potential upside of +0.23%.

Issuer	Forecast	Upside
Wallstreet Target Price	108	30.2
Analysts Target Price	-	-
ValueRay Target Price	83.1	0.23

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.