SHOP:NYE-Shopify Inc (USD)

COMMON STOCK | Software - Application |

Last Closing

USD 109.96

Change

-0.22 (-0.20)%

Market Cap

USD 141.30B

Volume

2.22M

Analyst Target

USD 1,099.72
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its 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; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

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Relative Returns (From:    To: 2024-12-26 )

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ETFs Containing SHOP

XIT:CA iShares S&P/TSX Capped In.. 25.56 % 0.61 %

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CAD 0.78B
XCG:CA iShares Canadian Growth 14.67 % 0.55 %

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CAD 0.10B
XEN:CA iShares Jantzi Social Ind.. 12.94 % 0.55 %

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CAD 0.12B
FDIU:LSE First Trust Dow Jones Int.. 11.70 % 0.00 %

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USD 4.08M
FDNI First Trust Dow Jones Int.. 11.33 % 0.00 %

+0.18 (+0.00%)

USD 0.04B
ARKD EA Series Trust - ARK 21S.. 8.77 % 0.00 %

-1.17 (0.00%)

USD 5.37M
BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

-0.02 (0.00%)

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FDNI:LSE First Trust Dow Jones Int.. 7.81 % 0.00 %

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CBUV:XETRA iShares Metaverse UCITS E.. 7.69 % 0.00 %

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USD 0.10B
TECI:CA TD Global Technology Inno.. 7.50 % 0.00 %

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CAD 8.68M
VCE:CA Vanguard FTSE Canada 6.88 % 0.06 %

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CAD 2.06B
XCAN:SW Xtrackers MSCI Canada ESG.. 6.86 % 0.00 %

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USD 0.61B
XIU:CA iShares S&P/TSX 60 6.61 % 0.18 %

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CAD 16.08B
CNDX:CA Global X S&P/TSX 60 Index.. 6.60 % 0.00 %

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CAD 0.15B
QCE:CA Mackenzie Canadian Large .. 6.35 % 0.06 %

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CAD 0.15B
CSCA:SW iShares VII PLC - iShares.. 6.28 % 0.00 %

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USD 1.05B
CAHEUA:SW UBS(Lux)Fund Solutions .. 6.26 % 0.00 %

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USD 0.09B
CANCDA:SW UBS(Lux)Fund Solutions .. 6.26 % 0.00 %

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USD 1.23B
CANUKD:SW UBS(Lux)Fund Solutions .. 6.26 % 0.00 %

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USD 8.36M
HCAN:SW HSBC MSCI Canada UCITS ET.. 6.23 % 0.00 %

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USD 0.03B
IBUY:AU BetaShares Online Retail .. 6.22 % 0.00 %

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E61Z:XETRA Global X E-commerce UCITS.. 6.15 % 0.00 %

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USD 0.89M
UMMA Wahed Dow Jones Islamic W.. 6.15 % 0.00 %

+0.01 (+0.00%)

USD 0.12B
EBIZ Global X E-commerce ETF 5.96 % 0.00 %

+0.06 (+0.00%)

USD 0.05B
IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 5.90 % 0.00 %

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CAD 3.46M
TECH:AU ETFS Morningstar Global T.. 5.60 % 0.00 %

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USD 0.32B
VCN:CA Vanguard FTSE Canada All .. 5.50 % 0.06 %

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CAD 8.38B
XIC:CA iShares Core S&P/TSX Capp.. 5.34 % 0.06 %

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CAD 14.55B
QCN:CA Mackenzie Canadian Equity.. 5.14 % 0.06 %

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CAD 1.63B
ARCK:LSE ARK Innovation UCITS ETF .. 5.00 % 0.00 %

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USD 0.02B
ARKK:LSE ARK Innovation UCITS ETF .. 5.00 % 0.00 %

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USD 0.02B
CL0U:XETRA Global X Cloud Computing .. 4.99 % 0.00 %

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USD 0.04B
CLO:LSE Global X Cloud Computing .. 4.81 % 0.00 %

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USD 3.64M
EBIG:LSE Global X E-commerce UCITS.. 4.77 % 0.00 %

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USD 1.52M
ZIU:CA BMO S&P/TSX 60 Index ETF 4.74 % 0.00 %

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CAD 0.08B
BYOB 4.52 % 0.00 %

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ETSX:CA Evolve S&P/TSX 60 Enhance.. 4.50 % 0.00 %

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CAD 0.04B
AOTG AOT Growth and Innovation.. 4.32 % 0.00 %

-0.13 (0.00%)

USD 0.05B
CAHCHA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

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CAHGBA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

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CAHUSA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

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CANA:SW UBS (LUX) FUND SOLUTIONS .. 4.11 % 0.00 %

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CAHGBD:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

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DRMC:CA Desjardins RI Canada - Ne.. 3.99 % 0.29 %

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CAD 0.04B
ICTE:CA Invesco S&P/TSX Composite.. 3.82 % 0.00 %

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CAD 1.16M
ZCN:CA BMO S&P/TSX Capped Compos.. 3.81 % 0.05 %

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CAD 9.37B
NEWZ StockSnips AI-Powered Sen.. 3.75 % 0.00 %

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USD 0.02B
ARCI:LSE ARK Artificial Intelligen.. 3.55 % 0.00 %

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USD 0.02B
ARKI:LSE ARK Artificial Intelligen.. 3.55 % 0.00 %

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USD 0.02B
CGXU Capital Group Internation.. 2.99 % 0.00 %

-0.12 (0.00%)

USD 3.18B
DRFC:CA Desjardins RI Canada Mult.. 2.93 % 0.57 %

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CAD 0.22B
PMNT:XETRA Rize Digital Payments Eco.. 2.54 % 0.00 %

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USD 5.56M
PMNT:SW Rize Digital Payments Eco.. 2.54 % 0.00 %

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USD 5.56M
PAYG:LSE Rize Digital Payments Eco.. 2.48 % 0.00 %

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USD 5.61M
OGIG O'Shares Global Internet .. 2.35 % 0.48 %

-0.08 (0.00%)

USD 0.13B
ISHP First Trust S-Network Glo.. 2.20 % 0.00 %

-0.03 (0.00%)

USD 5.61M
CGGR Capital Group Growth ETF 1.91 % 0.00 %

-0.13 (0.00%)

USD 9.40B
WCLD:SW WisdomTree Cloud Computin.. 1.89 % 0.00 %

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USD 0.33B
EDGE:CA Evolve Innovation Index F.. 1.66 % 0.60 %

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CAD 0.04B
SPTE SP Funds Trust 1.45 % 0.00 %

+0.06 (+0.00%)

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TSGB:LSE VanEck Sustainable World .. 0.55 % 0.00 %

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USD 0.82B
ALFA 0.00 % 0.65 %

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ARKK ARK Innovation ETF 0.00 % 0.75 %

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USD 6.50B
ARKW ARK Next Generation Inter.. 0.00 % 0.75 %

-0.63 (0.00%)

USD 1.85B
EWC iShares MSCI Canada ETF 0.00 % 0.47 %

-0.04 (0.00%)

N/A
FNDC Schwab Fundamental Intern.. 0.00 % 0.39 %

+0.05 (+0.00%)

USD 3.00B
HEWC 0.00 % 0.03 %

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HEX:CA 0.00 % 0.84 %

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IXUS iShares Core MSCI Total I.. 0.00 % 0.11 %

+0.14 (+0.00%)

USD 38.88B
PNQI Invesco NASDAQ Internet E.. 0.00 % 0.60 %

-0.18 (0.00%)

USD 0.87B
XNTK SPDR Morgan Stanley Techn.. 0.00 % 0.35 %

+0.01 (+0.00%)

USD 0.90B
FTXD 0.00 % 0.60 %

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FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

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CAD 0.21B
ARKF ARK Fintech Innovation ET.. 0.00 % 0.00 %

-0.12 (0.00%)

USD 1.14B
NFAM:CA 0.00 % 0.00 %

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XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

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CAD 0.46B
CLOU Global X Cloud Computing 0.00 % 0.00 %

+0.09 (+0.00%)

USD 0.36B
GIGE 0.00 % 0.00 %

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CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.00 %

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TLTD FlexShares Morningstar De.. 0.00 % 0.39 %

+0.35 (+0.00%)

USD 0.44B
QCD:CA 0.00 % 0.45 %

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MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

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CAD 0.35B
IDEV iShares Core MSCI Interna.. 0.00 % 0.03 %

+0.30 (+0.00%)

USD 14.99B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

+0.07 (+0.00%)

USD 0.42B
FNG 0.00 % 0.82 %

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CSCA:LSE iShares VII Public Limite.. 0.00 % 0.00 %

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USD 1.05B
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

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HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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UB23:LSE UBS MSCI Canada UCITS CAD.. 0.00 % 0.00 %

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UC87:LSE UBS(Lux)Fund Solutions .. 0.00 % 0.00 %

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USD 0.06B
XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

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HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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USD 0.03B
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

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H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

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SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

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USD 1.07B
TSWE:F VanEck Sustainable World .. 0.00 % 0.00 %

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USD 0.72B
UIM9:F UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

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USD 1.27B
2B79:XETRA iShares Digitalisation UC.. 0.00 % 0.00 %

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USD 1.01B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

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USD 0.36B
ETLH:XETRA L&G Ecommerce Logistics U.. 0.00 % 0.00 %

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USD 0.20B
H4ZR:XETRA 0.00 % 0.00 %

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SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

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USD 1.07B
TSWE:XETRA VanEck Sustainable World .. 0.00 % 0.00 %

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USD 0.72B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

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USD 2.02B
ESGA:CA BMO MSCI Canada ESG Leade.. 0.00 % 0.00 %

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CAD 0.09B
ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

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CAD 0.06B
FGGE:CA Franklin Global Growth Fu.. 0.00 % 0.00 %

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CAD 0.02B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

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XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

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CAD 0.28B
FCCM:CA 0.00 % 0.00 %

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TMEC:CA 0.00 % 0.00 %

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WTEJ:XETRA WisdomTree Cloud Computin.. 0.00 % 0.00 %

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USD 0.37B
XMLD:XETRA L&G Artificial Intelligen.. 0.00 % 0.00 %

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USD 0.69B
LCG Sterling Capital Focus Eq.. 0.00 % 0.00 %

+0.03 (+0.00%)

USD 0.04B
MMLG First Trust Exchange-Trad.. 0.00 % 0.00 %

-0.03 (0.00%)

USD 0.08B
VFIN 0.00 % 0.00 %

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WWOW 0.00 % 0.00 %

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XIU 0.00 % 0.00 %

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WCLD:LSE WisdomTree Cloud Computin.. 0.00 % 0.00 %

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USD 0.32B
XCLR:CA 0.00 % 0.00 %

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CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

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CAD 0.50B
KLWD:LSE WisdomTree Cloud Computin.. 0.00 % 0.00 %

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USD 0.33B
ZACE:CA BMO U.S. All Cap Equity F.. 0.00 % 0.00 %

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CAD 0.04B
2B79:F iShares Digitalisation UC.. 0.00 % 0.00 %

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WTEJ:F WisdomTree Cloud Computin.. 0.00 % 0.00 %

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USD 0.37B

Market Performance

  Market Performance vs. Industry/Classification (Software - Application) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 41.16% 74% C 91% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 41.16% 74% C 90% A-
Trailing 12 Months  
Capital Gain 39.00% 74% C 90% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return 39.00% 72% C 89% A-
Trailing 5 Years  
Capital Gain 169.51% 81% B- 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 169.51% 81% B- 93% A
Average Annual (5 Year Horizon)  
Capital Gain 23.53% 77% C+ 83% B
Dividend Return 23.53% 77% C+ 82% B
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 75.57% 26% F 12% F
Risk Adjusted Return 31.14% 69% C- 46% F
Market Capitalization 141.30B 100% F 99% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.