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Shopify Inc. (SHOP)

NYSE - NYSE Delayed Price. Currency in USD
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1,428.12+18.12 (+1.29%)
At close: 04:00PM EST
1,422.97 -5.15 (-0.36%)
After hours: 07:59PM EST
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    Will Shopify Be a Trillion-Dollar Stock by 2040?

    While the rate of growth may have eased up after last year's meteoric spurt as locked-down individuals launched their own start-ups at a record pace, expansion is reverting to a more normalized and sustainable pace for the long term. Founded in 2004, Shopify went public 11 years later. At around $1,470 per share today, Shopify is a $182 billion company that's valued at 43 times this year's sales, or what Wall Street says makes it fully valued at this level.