Shopify Stock Quote Today

SHOP -  USA Stock  

USD 1,500  25.07  1.64%

Shopify is selling at 1499.93 as of the 30th of July 2021; that is -1.64 percent down since the beginning of the trading day. The stock's last reported lowest price was 1490.2. Shopify has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat good performance during 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 30th of June 2021 and ending today, the 30th of July 2021. Click here to learn more.
 Market Performance
15 of 100
  Odds Of Distress
Less than 35
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Shopify Stock Profile

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. Shopify operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 7000 people. more on Shopify
About 70.0% of the company shares are owned by institutional investors
Latest headline from www.investors.com: Did You Catch Shopify Stock Signal For Quick Stock Market Profits - Investors Business Daily
Legal NameShopify
ChairmanTobias Lutke  (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 7,000 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 188.09 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 112.83 M outstanding shares of which 1.8 M shares are at this time shorted by private and institutional investors with about 1.13 trading days to cover. Shopify currently holds about 7.87 B in cash with 645.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 63.32.
Check Shopify Probability Of Bankruptcy
Ownership
Shopify maintains a total of 112.83 Million outstanding shares. The majority of Shopify outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Shopify to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Shopify. Please pay attention to any change in the institutional holdings of Shopify as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Shopify Ownership Details

Shopify Stock Price Odds Analysis

What are Shopify's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Shopify jumping above the current price in 90 days from now is about 16.99%. 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 Shopify has a beta of -0.2737. This usually implies as returns on benchmark increase, returns on holding Shopify are expected to decrease at a much lower rate. During the bear market, however, Shopify is likely to outperform the market. Additionally, the company has an alpha of 0.2623, implying that it can generate a 0.26 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1499.93HorizonTargetOdds Up 1499.93 
82.93%90 days
 1,500 
16.99%
Based on a normal probability distribution, the odds of Shopify to move above the current price in 90 days from now is about 16.99 (This Shopify probability density function shows the probability of Shopify Stock to fall within a particular range of prices over 90 days) .

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 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.

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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
Additionally, take a look at World Market Map. Note that the Shopify information on this page should be used as a complementary analysis to other Shopify's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Shopify Stock 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.
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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 underlying business (such as 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.