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
$87.331 Year Return
Current Value
$87.331 Year Return
Key Details
Market Cap
$130.32B
P/E Ratio
64.75
1Y Stock Return
33.06%
1Y Revenue Growth
25.78%
Dividend Yield
0.00%
Price to Book
11.3
Strategies that include SHOP
Double maintains 6 strategies that include SHOP - Shopify, Inc.
High risk
$1,000
4.46%
Innovation Fund
This strategy follows the ARKK fund (ticker ARKK) which was designed to seek long term capital from companies globally involved with, or that benefit from, disruptive innovation.
Top Sector
Health Care
Top Holdings
Bktd. Return
Expense Ratio
0.00%
Holdings
33
High risk
$1,000
3.77%
Next Generation Internet
This strategy follows the ARKW Next Generation Internet ETF (ticker ARKW) which is an actively managed fund with a broad mandate to invest in companies its managers have identified as benefiting from an infrastructure shift away from hardware and software toward cloud and mobile.
Top Sector
Information Technology
Top Holdings
Bktd. Return
Expense Ratio
0.00%
Holdings
34
High risk
$1,000
9.11%
Stock's related to SHOP
The stocks that are correlated to SHOP - Shopify, Inc. are ALIT, HUBS, AMZN, RPD, FTNT
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
A ALITAlight, Inc. | 59.60% | $3.14B | -37.67% | 0.75% |
H HUBSHubSpot, Inc. | 55.87% | $30.93B | -5.38% | 0.00% |
A AMZNAmazon.com, Inc. | 55.76% | $2.08T | +7.46% | 0.00% |
R RPDRapid7, Inc. | 54.14% | $1.76B | -43.59% | 0.00% |
F FTNTFortinet, Inc. | 53.51% | $75.42B | +37.52% | 0.00% |
C CEVACEVA, Inc. | 52.36% | $626.69M | +14.11% | 0.00% |
| 51.76% | $14.48B | +7.47% | 0.00% | |
V VCYTVeracyte, Inc. | 51.66% | $2.35B | +46.05% | 0.00% |
| 51.57% | $32.03B | +11.13% | 0.00% | |
M MASIMasimo Corp. | 51.55% | $9.27B | +21.93% | 0.00% |
K KVYOKlaviyo, Inc. | 49.77% | $8.57B | +29.20% | 0.00% |
G GENIGenius Sports Ltd. | 49.74% | $2.46B | +81.24% | 0.00% |
F FTVFortive Corp. | 49.43% | $25.28B | -12.33% | 0.47% |
| 49.17% | $2.74B | +0.80% | 5.97% | |
| 48.91% | $80.99B | +12.61% | 1.16% | |
X XYZBlock, Inc. | 48.89% | $35.84B | -27.36% | 0.00% |
| 48.52% | $57.07B | +53.12% | 0.90% | |
| 48.47% | $4.28B | -45.97% | 0.00% | |
B BRZEBraze, Inc. | 48.34% | $3.76B | -13.24% | 0.00% |
K KRNTKornit Digital Ltd. | 48.13% | $935.13M | +9.26% | 0.00% |
ETF's related to SHOP
The ETFs that are correlated to SHOP - Shopify, Inc. are CLOU, PNQI, ARKF, SKYY, WCLD
Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| 68.51% | $310.91M | 0.68% | |
| 68.44% | $792.03M | 0.6% | |
| 67.70% | $884.68M | 0.75% | |
| 64.91% | $3.12B | 0.6% | |
| 64.10% | $400.75M | 0.45% | |
| 63.80% | $114.72M | 0.5% | |
| 63.63% | $1.19B | 0.29% | |
| 62.68% | $6.25B | 0.51% | |
| 62.54% | $154.71M | 0.65% | |
| 62.26% | $10.05B | 0.39% | |
| 62.07% | $383.14M | 0.3% | |
| 61.61% | $878.38M | 0.5% | |
| 61.57% | $29.63M | 0.69% | |
| 61.48% | $16.75B | 0.23% | |
| 61.34% | $4.23B | 0.18% | |
| 61.32% | $1.16B | 0.14% | |
| 60.80% | $9.59B | 0.41% | |
| 60.69% | $384.08M | 0.95% | |
| 60.52% | $9.58B | 0.09% | |
| 60.46% | $2.87B | 0.68% | |
News
SeekingAlpha
The John Hancock International Growth Fund outperformed the MSCI All Country World ex-USA Growth Index for Q4 2024. Click here to read the full commentary.
SeekingAlpha
Shopify has returned to its roots, and the recent results have demonstrated that strategy. Read why I maintain my buy rating on SHOP stock.
Yahoo
Growth stocks can help you compound your savings many times over. The important thing is to maintain a long-term perspective, because even the best companies will occasionally see their share prices fall. Three Fool.com contributors believe Shopify (NYSE: SHOP), e.l.f.
Yahoo
Shares of e-commerce software platform Shopify (NYSE:SHOP) fell 5.6% in the morning session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices.
Yahoo
Shopify (SHOP) closed the most recent trading day at $102.52, moving -1.69% from the previous trading session.
Yahoo
CEO Ryan Petersen told the WSJ he plans to hire hundreds of workers in Southeast Asia and in Latin America as importers seek alternatives to China.
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.
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