Shopify Inc. (NYSE:SHOP)

Shopify Inc. SHOP

Technology - Software - Application - NYSE - CA

Watchlist

$ 108.49

-0.541 %

$ 140 B

Market Cap

109.59

P/E

1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one SHOP stock under the base case scenario is HIDDEN Compared to the current market price of 108 USD, Shopify Inc. is HIDDEN

SHOP Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart SHOP

FINANCIALS

Annual
Quarterly

7.06 B REVENUE

Growth Rates

1Year 26.07%

3Years 34.07%

5Years 45.75%

7Years 51.28%

10Years 63.97%

260 M OPERATING INCOME

Growth Rates

1Year 131.62%

3Years 42.34%

5Years 37.01%

7Years 36.86%

10Years 51.31%

132 M NET INCOME

Growth Rates

1Year 103.81%

3Years -25.52%

5Years 32.25%

7Years 28.34%

10Years 40.18%

944 M OPERATING CASH FLOW

Growth Rates

1Year 791.84%

3Years 30.48%

5Years 151.81%

7Years 82.47%

10Years 91.87%

-1.24 B INVESTING CASH FLOW

Growth Rates

1Year -73.12%

3Years 13.65%

5Years -8.94%

7Years -24.41%

10Years -72.50%

60 M FINANCING CASH FLOW

Growth Rates

1Year 241.90%

3Years -74.35%

5Years -43.82%

7Years -17.39%

10Years -1.54%

2.04 B REVENUE

Growth Rates

1Year 26.07%

3Years 34.07%

5Years 45.75%

7Years 51.28%

10Years 63.97%

241 M OPERATING INCOME

Growth Rates

1Year 131.62%

3Years 42.34%

5Years 37.01%

7Years 36.86%

10Years 51.31%

171 M NET INCOME

Growth Rates

1Year 103.81%

3Years -25.52%

5Years 32.25%

7Years 28.34%

10Years 40.18%

339 M OPERATING CASH FLOW

Growth Rates

1Year 791.84%

3Years 30.48%

5Years 151.81%

7Years 82.47%

10Years 91.87%

-424 M INVESTING CASH FLOW

Growth Rates

1Year -73.12%

3Years 13.65%

5Years -8.94%

7Years -24.41%

10Years -72.50%

3 M FINANCING CASH FLOW

Growth Rates

1Year 241.90%

3Years -74.35%

5Years -43.82%

7Years -17.39%

10Years -1.54%

Balance Sheet Decomposition Shopify Inc.

11.3 B ASSETS
2.23 B LIABILITIES

Current Assets	6.28 B
Cash & Short-Term Investments	5.01 B
Receivables	194 M
Other Current Assets	1.07 B
Non-Current Assets	5.02 B
Long-Term Investments	4.38 B
PP&E	147 M
Other Non-Current Assets	500 M

Current Liabilities	898 M
Accounts Payable	364 M
Short-Term Debt	17 M
Other Current Liabilities	517 M
Non-Current Liabilities	1.34 B
Long-Term Debt	1.13 B
Other Non-Current Liabilities	202 M

EFFICIENCY

Earnings Waterfall Shopify Inc.

Revenue	7.06 B
Cost Of Revenue	3.54 B
Gross Profit	3.52 B
Operating Expenses	3.59 B
Operating Income	260 M
Other Expenses	128 M
Net Income	132 M

RATIOS

49.79% GROSS MARGIN

Averages

1Year 49.79%

3Years 50.92%

5Years 52.05%

7Years 53.18%

10Years 53.90%

3.68% OPERATING MARGIN

Averages

1Year 3.68%

3Years -1.73%

5Years -2.21%

7Years -3.84%

10Years -6.57%

1.87% NET MARGIN

Averages

1Year 1.87%

3Years 1.09%

5Years 1.25%

7Years -0.81%

10Years -4.52%

1.46% ROE

Averages

1Year 1.46%

3Years -4.79%

5Years -2.70%

7Years -2.94%

10Years -7.18%

1.17% ROA

Averages

1Year 1.17%

3Years -3.05%

5Years -1.72%

7Years -2.15%

10Years -5.34%

1.86% ROIC

Averages

1Year 1.86%

3Years -1.55%

5Years -1.82%

7Years -2.88%

10Years -7.08%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Shopify Inc.

Net Income	132 M
Depreciation & Amortization	70 M
Capital Expenditures	-39 M
Stock-Based Compensation	615 M
Change in Working Capital	195 M
Others	12 M
Free Cash Flow	905 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Shopify Inc.

Wall Street analysts predict an average 1-year price target for SHOP of $82.4 , with forecasts ranging from a low of $55 to a high of $130 .

SHOP Lowest Price Target Wall Street Target

55 USD -49.30%

SHOP Average Price Target Wall Street Target

82.4 USD -24.06%

SHOP Highest Price Target Wall Street Target

130 USD 19.83%

4. DIVIDEND ANALYSIS

0.00% DIVIDEND YIELD

0 USD DIVIDEND PER SHARE

5. COMPETITION

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83.8 USD

Undervalued 3.31%

C3.ai, Inc. operates as an enterprise artificial intelligence (AI) software company in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

-17.6 USD

Overvalued 167.87%

Salesforce, Inc. provides customer relationship management technology that brings companies and customers together worldwide. Its Customer 360 platform empowers its customers to work together to deliver connected experiences for their customers.

191 USD

CRM

Overvalued 41.25%

Workday, Inc. provides enterprise cloud applications in the United States and internationally. The company's applications help its customers to plan, execute, analyze, and extend to other applications and environments, and to manage their business and operations.

145 USD

WDAY

Overvalued 43.99%

Snowflake Inc. provides a cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, which enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data.

-128 USD

SNOW

Overvalued 201.62%

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally.

596 USD

INTU

Overvalued 13.38%

Datadog, Inc. provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally.

107 USD

DDOG

Overvalued 15.10%

ServiceNow, Inc. provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. It operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools.

686 USD

NOW

Overvalued 32.20%

Unity Software Inc. creates and operates an interactive real-time 3D content platform. Its platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices.

-20.4 USD

Overvalued 217.37%

6. Ownership

Insider Ownership Shopify Inc.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
19 years ago Aug 12, 2005	Sell 3.48 M USD	SANTORA GREG J Chief Financial Officer	- 166666	20.8936 USD

7. News

3 Reasons to Buy Shopify Stock Like There's No Tomorrow The e-commerce software company is living up to all the hype -- and then some. fool.com - 22 hours ago

Shopify: Likely Fairly Valued (Rating Downgrade) Shopify Inc. reported strong Q3 results this week, beating earnings and revenue estimates, driven by robust growth in both segments. Shopify is seeing strong growth in all key platform metrics, including GMV, gross profits and especially free cash flow. The firm's free cash flows are growing twice as fast as its revenues and Shopify is expanding its FCF margins. seekingalpha.com - 1 day ago

3 Reasons Why Growth Investors Shouldn't Overlook Shopify (SHOP) Shopify (SHOP) could produce exceptional returns because of its solid growth attributes. zacks.com - 1 day ago

SHOP, SQ, PYPL: Digital Finance to Thrive in Trump 2.0 Administration "We don't know the rules of the game yet" under the next Trump administration, says Jerry Sneed. He's cautious on the first half of 2025 despite showing optimism that the S&P 500 can break 6,100 by the end of the year. youtube.com - 1 day ago

Wall Street Bulls Look Optimistic About Shopify (SHOP): Should You Buy? 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 - 1 day ago

Shopify Continues Surging Higher (Rating Upgrade) Shopify's Q3 earnings exceeded expectations with $0.35 EPS and $2.16 billion revenue, showcasing strong margins and earnings growth despite challenging consumer conditions. Shopify's valuation metrics, including forward P/E (98.67x) and forward P/S (16.25x), are significantly higher than industry peers, indicating potential valuation risks. Recent bullish rallies have pushed Shopify's stock into overbought territory, with key support levels at $77.12 and $65.86 critical for maintaining a bullish outlook. seekingalpha.com - 1 day ago

Shopify Q3 Earnings: Strong Growth Momentum Continues, But Stock May Drop In The Near Term (Rating Downgrade) Shopify's 3Q FY2024 earnings indicate strong underlying demand, with YoY growth accelerations in revenue and GMV, driven by successful price hikes and continued growth in merchants. The 4Q outlook could be even stronger, projecting higher sequential growth acceleration, significantly beating market consensus, with more volume growth expected due to the holiday season. Operating margin is expected to significantly improve in 4Q, reaching all-time highs, contributing to robust earnings growth and strong FCF generation. seekingalpha.com - 1 day ago

Shopify Shares Surge on Growth Outlook. Is It Too Late to Buy the Stock? The company's platform is resonating with merchants of all sizes. fool.com - 1 day ago

Shopify Surges on Upbeat Q3: ETFs to Gain Shopify shares surged 27.9% since reporting upbeat Q3 earnings. ETFs with heavy exposure to SHOP shares should gain. zacks.com - 2 days ago

Shopify Stock Rally Continues: Why the Growth Story Isn't Over Shopify's NYSE: SHOP stock price action soared following the Q3 release because the results were good, more than good, showing the company's building momentum as it established itself as the go-to source for B2B eCommerce needs. Its unified, AI-enabled platform is gaining traction with businesses of all sizes, leading to four things investors like to hear: outperformance, accelerated performance, widening margins, and gained market share. marketbeat.com - 2 days ago

Prediction: 2 Stocks That'll Be Worth More Than AT&T 1 Year From Now It's full speed ahead for these two growth stocks. fool.com - 2 days ago

Why Is Shopify Stock Soaring, and Is It Too Late to Buy? Why Is Shopify Stock Soaring, and Is It Too Late to Buy? fool.com - 2 days ago

8. Profile Summary

Shopify Inc. SHOP

COUNTRY CA

INDUSTRY Software - Application

MARKET CAP $ 140 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 8300

Officers Ms. Jessica R. Hertz General Counsel & Corporate Secretary Mr. Thomas Epting Director of Product for Shopify Fulfillment Network Mr. Harley Finkelstein President Ms. Carrie Gillard Director of Investor Relations Mr. Tobias Lütke Founder, Chairman, Chief Executive Officer and Head of R&D 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

Price Chart SHOP

Shopify Inc. SHOP

Premium Plan

Unlimited Plan