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Technology - Software - Application - NYSE - CA
$ 78.82
2.51 %
$ 103 B
Market Cap
50.85
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SHOP stock under the worst case scenario is HIDDEN Compared to the current market price of 78.8 USD, Shopify Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SHOP stock under the base case scenario is HIDDEN Compared to the current market price of 78.8 USD, Shopify Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one SHOP stock under the best case scenario is HIDDEN Compared to the current market price of 78.8 USD, Shopify Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SHOP

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$130.0$130.0$120.0$120.0$110.0$110.0$100.0$100.0$90.0$90.0$80.0$80.0$70.0$70.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
8.88 B REVENUE
25.78%
1.08 B OPERATING INCOME
313.46%
2.02 B NET INCOME
1429.55%
1.62 B OPERATING CASH FLOW
71.19%
-1.59 B INVESTING CASH FLOW
-27.49%
61 M FINANCING CASH FLOW
1.67%
2.81 B REVENUE
30.06%
465 M OPERATING INCOME
64.31%
1.29 B NET INCOME
56.16%
615 M OPERATING CASH FLOW
45.39%
-661 M INVESTING CASH FLOW
-39.45%
49 M FINANCING CASH FLOW
716.67%
Balance Sheet Shopify Inc.
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Current Assets 7.25 B
Cash & Short-Term Investments 5.48 B
Receivables 252 M
Other Current Assets 1.52 B
Non-Current Assets 6.67 B
Long-Term Investments 6 B
PP&E 140 M
Other Non-Current Assets 532 M
39.35 %10.94 %43.08 %3.82 %Total Assets$13.9b
Current Liabilities 1.96 B
Accounts Payable 360 M
Short-Term Debt 936 M
Other Current Liabilities 660 M
Non-Current Liabilities 1.88 B
Long-Term Debt 918 M
Other Non-Current Liabilities 957 M
9.40 %24.43 %17.23 %23.96 %24.98 %Total Liabilities$3.8b
EFFICIENCY
Earnings Waterfall Shopify Inc.
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Revenue 8.88 B
Cost Of Revenue 4.41 B
Gross Profit 4.47 B
Operating Expenses 3.4 B
Operating Income 1.08 B
Other Expenses -944 M
Net Income 2.02 B
9b9b8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b009b(4b)4b(3b)1b944m2bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
50.36% GROSS MARGIN
50.36%
12.11% OPERATING MARGIN
12.11%
22.74% NET MARGIN
22.74%
17.47% ROE
17.47%
14.50% ROA
14.50%
7.55% ROIC
7.55%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Shopify Inc.
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2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m00(200m)(200m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.02 B
Depreciation & Amortization 36 M
Capital Expenditures -19 M
Stock-Based Compensation 430 M
Change in Working Capital -166 M
Others -947 M
Free Cash Flow 1.6 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Shopify Inc.
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Wall Street analysts predict an average 1-year price target for SHOP of $86.9 , with forecasts ranging from a low of $55 to a high of $130 .
SHOP Lowest Price Target Wall Street Target
55 USD -30.22%
SHOP Average Price Target Wall Street Target
86.9 USD 10.20%
SHOP Highest Price Target Wall Street Target
130 USD 64.93%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Shopify Inc.
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Sold
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6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
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0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Appriss Retail Introduces AI-Enabled Returns Fraud Solution for Shopify IRVINE, Calif.--(BUSINESS WIRE)--Appriss Retail, a leading provider of solutions designed to combat returns and claims fraud while safeguarding loyal customers, has announced a groundbreaking integration with Shopify's unified commerce platform. This powerful integration equips Shopify merchants with advanced fraud prevention tools, offering a seamless solution to protect against returns and claims fraud across all channels. Many retailers still rely on outdated policies and rule engines that f. businesswire.com - 1 week ago
Should You Forget Amazon? Why These Unstoppable Stocks Are Better Buys There's no denying it: Amazon (AMZN -3.92%) has not only been one of this century's most rewarding stock picks, but also one of the market's biggest-ever winners. Shares are up by more than 250,000% since their 1997 public offering, and that's counting the sizable pullback from January's peak. fool.com - 2 weeks ago
If You'd Invested $1,000 in Shopify Stock 10 Years Ago, Here's How Much You'd Have Today Next month will mark the 10th anniversary of Shopify's (SHOP -6.68%) initial public offering (IPO). During this time, the Ottawa-based company has become Canada's second-largest company by market capitalization, surpassing $126 billion. fool.com - 2 weeks ago
Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock. zacks.com - 2 weeks ago
Shopify Stock Takes Its Cue From Palantir Technologies. History Says This Will Happen Next. On March 31, Shopify (SHOP -18.25%) removed its U.S. shares from the New York Stock Exchange and relisted them on the Nasdaq Stock Exchange. The company did not give an explicit reason for the change, but the goal was probably to make itself eligible for inclusion in the Nasdaq-100. fool.com - 2 weeks ago
Trump tariff stock market crash: Apple, Amazon, Nike, Shopify, Tesla, Walmart shares plummet Yesterday, President Donald Trump announced a slew of tariffs on nearly every country in the world—over 180 of them, notes CNBC. The tariffs Trump announced are higher than most economists and business leaders feared. fastcompany.com - 2 weeks ago
2 No-Brainer Nasdaq Stocks to Buy With $300 in April Before They Soar It's been a challenging year for the U.S. stock market. The S&P 500 (^GSPC 0.67%) has declined 8% from its high, and the technology-focused Nasdaq Composite (^IXIC 0.87%) has fallen 14%. fool.com - 2 weeks ago
Wall Street Analysts Think Shopify (SHOP) Is a Good Investment: Is It? When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? zacks.com - 2 weeks ago
Is Shopify Stock Going to $150? 1 Wall Street Analyst Thinks So. There's a stock lurking in the tech sector that has a hard-to-beat upside potential of 55%. That's the firm belief of one analyst who recently reiterated his enthusiastic buy recommendation on Shopify (SHOP 2.26%). fool.com - 2 weeks ago
Shopify arrives in Amazon's backyard with new Bellevue office There's another tech giant in town. geekwire.com - 2 weeks ago
Diversified Healthcare Trust Closes $140 Million Mortgage Financing Secured by 14 SHOP Properties NEWTON, Mass.--(BUSINESS WIRE)--Diversified Healthcare Trust (Nasdaq: DHC) today announced that it closed a $140 million mortgage financing secured by 14 senior living communities located in nine states and consisting of 1,375 units that are managed by Five Star Senior Living, an operating division of AlerisLife Inc. This non-recourse, three-year loan has an initial maturity date of March 31, 2028, and two one-year extension options, subject to certain conditions. DHC intends to use the loan pr. businesswire.com - 2 weeks ago
Shopify: Don't Overthink The Buying Opportunity Shopify has returned to its roots, focusing on doing what it does best, and the recent results have demonstrated that strategy. Shopify has also gained share with the higher value enterprise customers, pushing into spaces dominated by enterprise software firms. SHOP's execution is remarkable, but the stock isn't valued at a discount. seekingalpha.com - 3 weeks ago
8. Profile Summary

Shopify Inc. SHOP

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COUNTRY CA
INDUSTRY Software - Application
MARKET CAP $ 103 B
Dividend Yield 0.00%
Description 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. 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 fulfillment, 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.
Contact 151 O'Connor Street, Ottawa, ON, K2P 2L8 https://www.shopify.com
IPO Date May 20, 2015
Employees 8100
Officers Mr. Tobias Lütke Founder, Chairman, Chief Executive Officer and Head of R&D Ms. Carrie Gillard Director of Investor Relations Ms. Jessica R. Hertz General Counsel & Corporate Secretary Mr. Thomas Epting Director of Product for Shopify Fulfillment Network Mr. Harley Finkelstein President Mr. Jeff J. Hoffmeister CPA Chief Financial Officer Mr. Kasra Nejatian Vice President of Product & Chief Operating Officer Ms. Bharati Balakrishnan Country Head & Director- India Mr. Loren Padelford GM & Vice President of Shopify Plus Mr. Arpan Podduturi Director of Product