Shopify Stock Quote Today

SHOP
 Stock
  

USD 29.28  1.43  5.13%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Shopify is selling at 29.28 as of the 28th of September 2022; that is 5.13 percent increase since the beginning of the trading day. The stock's last reported lowest price was 27.66. Shopify has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Shopify are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2020 and ending today, the 28th of September 2022. Click here to learn more.
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. The company has 113.63 M outstanding shares of which 56.1 M shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover. More on Shopify

Moving together with Shopify

+0.71HPQHp Inc Fiscal Year End 22nd of November 2022 PairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Shopify Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Shopify's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Shopify or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Shopify generated a negative expected return over the last 90 days
Shopify has high historical volatility and very poor performance
Shopify is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 5 B. Net Loss for the year was (1.9 B) with profit before overhead, payroll, taxes, and interest of 2.48 B.
About 67.0% of the company shares are owned by institutional investors
Latest headline from www.fool.com: Amazon Is Closing Warehouses Does That Help Shopify Stock - The Motley Fool
ChairmanTobias Lutke
Thematic IdeaTech Growth (view all)
Average Analyst Recommendation
Analysts covering Shopify report their recommendations after researching Shopify's financial statements, talking to executives and customers, or listening in on Shopify's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Shopify. The Shopify consensus assessment is calculated by taking the average forecast from all of the analysts covering Shopify.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Shopify's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Shopify (SHOP) is traded on New York Stock Exchange in USA and employs 10,000 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 3.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shopify's market, we take the total number of its shares issued and multiply it by Shopify's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Shopify conducts business under Technology sector and is part of Software—Application industry. The entity has 113.63 M outstanding shares of which 56.1 M shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover. Shopify currently holds about 6.95 B in cash with 124.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.48.
Check Shopify Probability Of Bankruptcy
Ownership
Shopify shows a total of one hundred thirteen million six hundred thirty thousand outstanding shares. Over half of Shopify outstanding shares are owned by institutional holders. These institutional holders are typically referred to corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Shopify. Please watch out for any change in the institutional holdings of Shopify as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Shopify Ownership Details

Shopify Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Shopify jumping above the current price in 90 days from now is about 92.29%. The Shopify probability density function shows the probability of Shopify stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.5905. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Shopify will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Shopify is significantly underperforming DOW.
  Odds Below 29.28HorizonTargetOdds Above 29.28
7.66%90 days
 29.28 
92.29%
Based on a normal probability distribution, the odds of Shopify to move above the current price in 90 days from now is about 92.29 (This Shopify probability density function shows the probability of Shopify Stock to fall within a particular range of prices over 90 days) .

Shopify Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Shopify that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Shopify's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Shopify's value.
InstituionSecurity TypeTotal SharesValue
Manufacturers Life Insurance Company TheDebt159 M13.3 B
Bank Of MontrealCommon Shares7.4 M2.8 B
Morgan StanleyCommon Shares73 M2.3 B
Susquehanna International Group LlpCall Options23.7 M739.5 M
Susquehanna International Group LlpPut Options19.1 M597.8 M
View Shopify Diagnostics

Shopify Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Shopify market risk premium is the additional return an investor will receive from holding Shopify long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Shopify. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Shopify's alpha and beta are two of the key measurements used to evaluate Shopify's performance over the market, the standard measures of volatility play an important role as well.

Shopify Stock Against Markets

Picking the right benchmark for Shopify stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Shopify stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Shopify is critical whether you are bullish or bearish towards Shopify at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shopify without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Bollinger Bands Now

   

Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
All  Next Launch Module

Shopify Corporate Directors

Shopify corporate directors refer to members of a Shopify board of directors. The board of directors generally takes responsibility for the Shopify's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Shopify's board members must vote for the resolution. The Shopify board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Steven Collins - Independent DirectorProfile
Trevor Oelschig - Independent DirectorProfile
Robert Ashe - Lead Independent DirectorProfile
Colleen Johnston - Independent DirectorProfile

Invested in Shopify?

The danger of trading Shopify is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Shopify is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Shopify. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Shopify is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for analysis

When running Shopify price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Is Shopify's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shopify. If investors know Shopify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shopify listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Shopify is measured differently than its book value, which is the value of Shopify that is recorded on the company's balance sheet. Investors also form their own opinion of Shopify's value that differs from its market value or its book value, called intrinsic value, which is Shopify's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shopify's market value can be influenced by many factors that don't directly affect Shopify's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shopify's value and its price as these two are different measures arrived at by different means. Investors typically determine Shopify value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shopify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.