SHOP: Shopify, Inc.
About
Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar, and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.
Current Value
$115.361 Year Return
Current Value
$115.361 Year Return
Key Details
Market Cap
$146.59B
P/E Ratio
106.75
1Y Stock Return
56.48%
1Y Revenue Growth
23.47%
Dividend Yield
0.00%
Price to Book
14.5
Strategies that include SHOP
Stock's related to SHOP
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| RPD | 55.06% | $2.62B | -27.32% | 0.00% |
| ALIT | 51.89% | $3.92B | -7.88% | 0.00% |
| LAMR | 49.07% | $13.25B | +23.78% | 4.04% |
| FARO | 47.70% | $514.55M | +47.35% | 0.00% |
| VCYT | 47.69% | $3.33B | +68.15% | 0.00% |
| CEVA | 47.42% | $738.10M | +40.97% | 0.00% |
| ANGI | 46.96% | $939.84M | -20.59% | 0.00% |
| IAC | 46.92% | $4.04B | -4.02% | 0.00% |
| INFA | 45.54% | $8.05B | -6.42% | 0.00% |
| INN | 45.32% | $747.00M | +5.84% | 4.32% |
| AXON | 45.32% | $48.61B | +163.44% | 0.00% |
| GOLF | 45.21% | $4.60B | +31.07% | 1.13% |
| PIPR | 44.99% | $5.74B | +95.84% | 0.77% |
| PTC | 44.96% | $23.83B | +17.11% | 0.00% |
| ACIW | 44.74% | $5.60B | +88.59% | 0.00% |
| AUDC | 44.70% | $283.62M | -16.49% | 3.80% |
| DASH | 44.64% | $72.24B | +72.18% | 0.00% |
| ZS | 44.56% | $30.90B | -4.45% | 0.00% |
| KRNT | 44.42% | $1.51B | +68.57% | 0.00% |
| AMZN | 44.24% | $2.37T | +52.59% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ITOS | -0.10% | $300.67M | -24.43% | 0.00% |
| LTM | 0.12% | $8.63B | -100.00% | <0.01% |
| NOC | -0.13% | $69.96B | +0.19% | 1.68% |
| APEI | -0.20% | $392.15M | +136.79% | 0.00% |
| CAH | 0.21% | $29.14B | +11.57% | 1.66% |
| UNH | -0.26% | $520.14B | +3.57% | 1.47% |
| LGND | 0.34% | $2.24B | +88.43% | 0.00% |
| NVAX | 0.34% | $1.40B | +65.16% | 0.00% |
| TR | 0.36% | $2.31B | -2.38% | 1.11% |
| UFCS | 0.41% | $779.27M | +45.73% | 2.07% |
| TRV | 0.45% | $56.22B | +34.84% | 1.70% |
| ORLY | 0.48% | $73.11B | +30.18% | 0.00% |
| DG | 0.48% | $18.12B | -33.57% | 2.87% |
| ATNM | 0.49% | $40.55M | -71.86% | 0.00% |
| NAT | -0.52% | $559.57M | -29.29% | 15.61% |
| GSK | -0.54% | $71.84B | -3.32% | 4.51% |
| PULM | -0.60% | $21.77M | +223.91% | 0.00% |
| ORKA | 0.62% | $834.72M | +105.30% | 0.00% |
| IFRX | 0.65% | $147.21M | +76.06% | 0.00% |
| BACK | 0.69% | $2.07M | -23.57% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SGC | -22.11% | $272.57M | +25.89% | 3.36% |
| CYD | -19.20% | $370.18M | +10.76% | 4.19% |
| CPB | -17.65% | $12.98B | -1.91% | 3.40% |
| CBOE | -15.24% | $21.25B | +13.78% | 1.16% |
| CLW | -14.63% | $449.48M | -22.62% | 0.00% |
| ASC | -14.38% | $495.41M | -11.04% | 9.11% |
| SHEN | -12.87% | $743.68M | -33.79% | 0.73% |
| CAG | -11.99% | $13.29B | -5.98% | 5.01% |
| NLOP | -11.94% | $470.16M | +55.50% | 0.00% |
| K | -11.92% | $27.82B | +49.33% | 2.80% |
| AMGN | -11.90% | $148.22B | +0.64% | 3.28% |
| ED | -11.35% | $32.81B | +3.23% | 3.51% |
| OXBR | -11.16% | $22.54M | +251.46% | 0.00% |
| GIS | -10.59% | $36.72B | -0.90% | 3.60% |
| RNR | -10.40% | $13.98B | +29.28% | 0.58% |
| INSW | -10.19% | $1.83B | -5.41% | 1.29% |
| CPSH | -10.16% | $22.95M | -32.48% | 0.00% |
| CL | -10.15% | $76.71B | +19.47% | 2.10% |
| KHC | -10.04% | $38.20B | -15.22% | 5.05% |
| MNR | -9.88% | $1.52B | -11.84% | 21.63% |
ETF's related to SHOP
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| FLRN | 0.36% | $2.37B | 0.15% |
| TPMN | 0.47% | $41.10M | 0.65% |
| BOXX | 0.53% | $4.47B | 0.1949% |
| TBIL | 0.63% | $4.51B | 0.15% |
| KCCA | 0.88% | $123.70M | 0.87% |
| ICSH | 0.99% | $5.42B | 0.08% |
| VRIG | 1.17% | $1.10B | 0.3% |
| BILS | 1.33% | $3.26B | 0.1356% |
| HIGH | 1.50% | $298.33M | 0.52% |
| GBIL | -1.71% | $5.72B | 0.12% |
| SGOV | -1.79% | $28.68B | 0.09% |
| CSHI | 1.84% | $481.04M | 0.38% |
| FTSM | 1.89% | $6.02B | 0.45% |
| BSCO | 2.22% | $2.14B | 0.1% |
| TBLL | -2.93% | $1.91B | 0.08% |
| BILZ | -3.13% | $558.25M | 0.14% |
| KRBN | 3.27% | $217.48M | 0.85% |
| HDRO | -3.35% | $164.26M | 0.3% |
| PULS | 3.36% | $9.04B | 0.15% |
| IBTF | 3.38% | $2.08B | 0.07% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -37.49% | $195.31M | 0.85% |
| TAIL | -30.05% | $68.43M | 0.59% |
| CCOR | -14.72% | $107.34M | 1.18% |
| JBBB | -13.22% | $1.36B | 0.49% |
| CLOI | -12.78% | $773.20M | 0.4% |
| MEAR | -11.20% | $736.97M | 0.25% |
| CTA | -10.57% | $380.14M | 0.76% |
| IVOL | -10.27% | $496.60M | 1.02% |
| XHLF | -10.27% | $899.43M | 0.03% |
| JUCY | -9.72% | $324.26M | 0.6% |
| UUP | -9.67% | $386.70M | 0.77% |
| FLMI | -9.27% | $402.14M | 0.3% |
| USDU | -8.55% | $211.42M | 0.5% |
| KMLM | -8.42% | $332.27M | 0.9% |
| WEAT | -8.41% | $122.96M | 0.28% |
| MUST | -8.27% | $424.76M | 0.23% |
| XONE | -7.87% | $549.30M | 0.03% |
| XBIL | -7.51% | $632.22M | 0.15% |
| CORN | -6.31% | $61.14M | 0.2% |
| MINT | -5.51% | $11.81B | 0.35% |
News
Yahoo
Shares of Palantir Technologies (NASDAQ: PLTR) have more than quadrupled year to date over unrelenting demand for the company's new artificial intelligence platform. In that context, Shopify (NYSE: SHOP) and Arm Holdings (NASDAQ: ARM) present more compelling investment options. Palantir is currently worth $165 billion, but I think Shopify and Arm can top that figure before the end of 2025.
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The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how sales and marketing software stocks fared in Q3, starting with Semrush (NYSE:SEMR).
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Stocks like NVDA, SHOP, ACN and BLK are poised to gain from the ongoing Bitcoin rally.
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Key Insights Using the 2 Stage Free Cash Flow to Equity, Shopify fair value estimate is US$95.18 Shopify's US$113 share...
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Wrapping up Q3 earnings, we look at the numbers and key takeaways for the e-commerce software stocks, including VeriSign (NASDAQ:VRSN) and its peers.
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Over many decades, the stock market has averaged annual returns of close to 10%. What if you'd like to choose some individual growth stocks in which to invest? Any list of promising growth stocks almost seems incomplete without Nvidia (NASDAQ: NVDA), because it's been a phenomenal performer.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.