SHOP - Shopify Inc.
Pre-market:
| Previous close | 57.19 |
| Open | 56.42 |
| Bid | 59.25 x 1300 |
| Ask | 58.94 x 900 |
| Day's range | 55.42 - 58.59 |
| 52-week range | 23.63 - 65.54 |
| Volume | |
| Avg. volume | 16,050,036 |
| Market cap | 73.143B |
| Beta (5Y monthly) | 2.04 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.48 |
| Earnings date | 25 Jul 2023 - 31 Jul 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 60.43 |
Motley Fool3 Cathie Wood Stocks That Could Deliver Bigger Gains Than the Market
The Ark Invest boss is betting on these artificial intelligence, e-commerce, and electric vehicle stocks.
ZacksShopify (SHOP) Outpaces Stock Market Gains: What You Should Know
Shopify (SHOP) closed the most recent trading day at $57.94, moving +1.31% from the previous trading session.
Motley FoolThis Was Always Shopify's Biggest Mistake
Tech company Shopify (NYSE: SHOP) slashed costs drastically over the past several months in an effort to improve its weak bottom line. It laid off staff, and it recently announced that it would be selling its logistics business. It doesn't come as a huge surprise that the company needs to scale back on expenses.
Motley Fool2 Spectacular Growth Stocks that Could Make You Richer
Growth stocks have borne the brunt of much of the volatility afflicting the market over the last year, as investors shied away from these businesses amid fears of a global recession. For investors with the risk tolerance and patience to put cash into these businesses, this fortitude can be rewarded over the long run. Here are two such businesses to consider adding to your buy basket right now.
Motley Fool2 Unstoppable Growth Stocks You Can Buy and Hold for at Least the Next Decade
Finding companies with the power to stand the test of time in your portfolio isn't always easy. Airbnb (NASDAQ: ABNB) has made a name for itself in a highly fragmented and crowded industry, amassing a presence so impressive that it boasts a roughly 26% share of the travel booking service market and roughly 20% of the entire vacation rental market. Of the numerous competitive advantages that Airbnb retains, it's worth pointing out that the platform not only serves both sides of the travel accommodation relationship -- supply and demand -- with its growing cohorts of guests and hosts, but it also does so with an extremely asset-light model.
ZacksBeat the Market the Zacks Way: Shopify, Meta, Microsoft in Focus
Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
Motley FoolShopify: Buy, Sell, or Hold?
The leading e-commerce platform provider is still posting strong growth, but its bottom line remains in the red.
Motley Fool3 Stocks I'm Excited to Buy in May
I'm no fan of the saying, "Sell in May and go away." Unsurprisingly, and in keeping with The Motley Fool's guidance, I tend to hold stocks for the long term. In fact, rather than selling in May, I'm adding shares to my portfolio this month.
Motley Fool3 Reasons to Buy Shopify Stock
Investors found many good reasons to like Shopify (NYSE: SHOP) in recent weeks. The e-commerce platform specialist reported solid operating results to start fiscal 2023, and its earnings prospects have improved with its pivot away from the costly shipping-logistics business. Wall Street's attention focused on Shopify's strategic pivot away from the logistics business, mainly because this move is likely to accelerate the company's return to profitability.
Motley Fool3 Growth Stocks to Buy That Could Be Massive Long-Term Winners
Despite their premium valuations today, these three stocks should continue delivering top-tier growth for decades.
Motley Fool3 Top E-Commerce Stocks to Buy Right Now
To tap into this massive opportunity, check out what three top e-commerce stocks -- Chewy (NYSE: CHWY), Shopify (NYSE: SHOP), and Amazon (NASDAQ: AMZN) -- are doing right now. Investors have slowly walked away from the stock this year after Chewy reported in March that its active customers declined 1% in 2022 to 20.4 million. For one thing, the company significantly increased prices last year, which resulted in net sales per active customer increasing 15% year over year in the fourth quarter.
Motley FoolBill Gates Thinks Amazon, Google, and Shopify Could Be in Big Trouble, Thanks to AI
The evolution of artificial intelligence could make search engines, e-commerce platforms, and productivity sites obsolete.
Motley Fool1 E-Commerce Stock I Like Better Than Amazon
Costco Wholesale and Target both reported year-over-year decreases in e-commerce sales in their most recent quarterly reports, and many smaller e-commerce companies are in the same boat. Amazon, the indomitable king of e-commerce, has been struggling with too much infrastructure, slowing sales growth, and high pandemic-fueled growth that's harder to build on now. It operates a business-to-business platform offering cross-border solutions for online retailers.
Motley Fool3 Things About Shopify That Smart Investors Know
Investors were thrilled to hear that Shopify (NYSE: SHOP) is shaking up its business. Most Wall Street pros were focused on Shopify's decision to exit the logistics business in a move that will likely accelerate its return to profitability. The main factor dragging Shopify's stock down since early 2022 has been slowing revenue growth.
Motley FoolWhy Is Everyone Talking About Shopify Stock?
Fool.com contributor and finance professor Parkev Tatevosian elaborates on why so many investors are talking about Shopify (NYSE: SHOP) stock. *Stock prices used were the afternoon prices of May 21, 2023.
Motley FoolHere's the Next Stock I'm Going to Buy
Such may be the case with Shopify (NYSE: SHOP) stock, which is up sharply year to date but isn't necessarily out of gas quite yet. If you have room in your tech stock shopping cart and don't consider "momo" a "no-no," Shopify stock is worth your while. Shopify's recent results largely speak for themselves, but the company could continue growing as it slims down and circles back to the e-commerce business that made Shopify a favorite among merchants and shareholders alike.
Motley Fool3 Exceptional Growth Stocks You Can Buy With $200 Right Now
Have you noticed growth stocks are making a comeback? The Vanguard Growth ETF, which contains heaps of growth stocks, is up 21% this year. If you've been investing in growth stocks for a while you probably remember they started soaring last summer and then lost all those gains by the end of 2022.
- Investing.com
4 big analyst cuts: Shopify slashed on limited top-line growth prospects
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades for Shopify, XPeng, Caleres, and Dish Network. Exane BNP Paribas downgraded Shopify (NYSE:SHOP) to Underperform from Neutral with a price target of $51.00, noting that weakening U.S. consumer spending on higher-priced items may limit the company’s growth outperformance. Barclays downgraded XPeng (NYSE:XPEV) to Underweight from Equalweight and cut its price target to $6.00 from $8.00.
ZacksInvestors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
Shopify (SHOP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- Investing.com
Weaker U.S. discretionary spending may impact Shopify, BNP Paribas analysts say
Investing.com -- Weakening U.S. consumer spending on higher-priced items may limit growth outperformance at Shopify Inc (NYSE:SHOP), analysts at BNP Paribas Exane said in a note on Wednesday downgrading their rating of the Canadian e-commerce group to underperform from neutral.
Motley FoolShopify's CFO Highlights the Strength of the Business
Investors were concerned that after economies reopened, Shopify's (NYSE: SHOP) business would struggle. Fool.com contributor and finance professor Parkev Tatevosian explains why that hasn't been the case.
Motley FoolIs Global-e Online a Buy Now?
Shares of Global-e Online (NASDAQ: GLBE) dipped slightly in response to a first-quarter earnings report that was a lot more positive than the price action suggests. Is Global-e Online a good stock to buy now or should investors remain cautious?
Motley Fool2 Growth Stocks to Buy and Hold Forever
When growth stocks were in a bull run, it seemed like the stock market was printing money. It has been a great 2023 for Shopify's (NYSE: SHOP) stock, up over 70% year to date. Shopify's lackluster 2022 can be attributed to macroeconomic conditions, with high inflation slowing down consumer spending (especially on non-essential items that Shopify's merchants tend to sell).
Motley FoolThe Real Reason Shopify Chose to Exit the Logistics Business
Shopify (NYSE: SHOP) invested billions of dollars ramping up its logistics business only to sell it before it had a chance to develop completely. *Stock prices used were the afternoon prices of May 19, 2023.
Motley FoolUp More Than 100%, Is Shopify's Stock Still a Buy?
Shopify (NYSE: SHOP), a leading e-commerce platform, delivered a solid first-quarter 2023 performance. The question arises for investors who missed the initial opportunity: Is it still a wise decision to invest in Shopify? Shopify was not immune to the external headwinds.
