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August 7, 2024 at 12:53 PM. Shares of Shopify (NYSE: SHOP) surged today after the e-commerce software leader posted strong results in its second-quarter earnings report. The company beat estimates ...
Shopify Inc. Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. [ 3] The platform offers online retailers a suite of services including; payments, marketing, shipping and ...
July 5, 2024 at 5:18 PM. Shares of Shopify (NYSE: SHOP) climbed 11.7% in June, according to data provided by S&P Global Market Intelligence. Positive economic data for the e-commerce industry had ...
Investors should also consider the price they pay for the stock. On that score, Shopify trades at a price-to-sales (PS) ratio of 11.2, a considerable premium to Amazon's P/S ratio of 3.
Following the jump in its stock price, Shopify now trades at a forward price-to-sales (P/S) ratio of 8.6 (and 11.7 times trailing revenue). Given its steady top-line expansion, that's still a ...
After rising 25% this week, Shopify now trades at a market cap of $88 billion. Its revenue keeps climbing, management is flexing its pricing power muscles, and the free-cash-flow margin is ...
The consensus rating from 29 analysts covering Shopify stock is “buy,” and their composite price target is $1,770.36 — a significant downgrade from $2,073.23 in early November but still well ...
Shopify stock is still expensive. Shopify stock trades at a price-to-sales ratio near 12, which is close to its average over the past two years. Its forward P/E ratio is 52.