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How to buy Shopify stock (SHOP)

Buy Shopify stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Shopify Inc., founded in 2006 and headquartered in Ottawa, Ontario, is a leading Canadian multinational e-commerce company. It offers the Shopify platform, a proprietary e-commerce platform for online stores and retail point-of-sale systems. The platform provides a suite of services, including payments, marketing, shipping and customer engagement tools, catering to over 2 million businesses in approximately 175 countries. Shopify's mission is to help people achieve independence by making it easier to start, run and grow a business, thereby reducing the barriers to business ownership and making commerce better for everyone

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How to buy Shopify stock

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  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – SHOP. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Shopify stock price (NYSE: SHOP)

Use our graph to track the performance of SHOP stocks over time.

Shopify shares at a glance

Information last updated 2024-07-26.
Open$61.42
High$61.52
Low$59.86
Close$60.38
Previous close$59.44
Change $0.94
Change % 1.5814%
Volume 3,440,705
Information last updated 2024-07-26.
52-week range$45.50 - $91.57
50-day moving average $62.72
200-day moving average $69.60
Wall St. target price$107.87
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.16

Is it a good time to buy Shopify stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Shopify price performance over time

Historical closes compared with the close of $60.38 from 2024-07-25

1 week (2024-07-19) -4.40%
1 month (2024-06-26) -7.75%
3 months (2024-04-26) -15.35%
6 months (2024-01-26) -25.96%
1 year (2023-07-26) -6.65%
2 years (2022-07-26) 91.38%
3 years (2021-07-26) 1582.28
5 years (2019-07-26) 336.54

Is Shopify stock undervalued or overvalued?

Valuing Shopify stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shopify's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shopify's PEG ratio

Shopify's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1192. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shopify's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Shopify's EBITDA

Shopify's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $598 million.

The EBITDA is a measure of a Shopify's overall financial performance and is widely used to measure a its profitability.

Shopify financials

Revenue TTM $7.4 billion
Operating margin TTM 7.36%
Gross profit TTM $2.8 billion
Return on assets TTM 3.1%
Return on equity TTM -2.41%
Profit margin -2.82%
Book value $6.90
Market Capitalization $77.4 billion

TTM: trailing 12 months

Shopify share dividends

We're not expecting Shopify to pay a dividend over the next 12 months.

Have Shopify's shares ever split?

Shopify's shares were split on a 10:1 basis on 28 June 2022. So if you had owned 1 share the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your Shopify shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for Shopify shares which in turn could have impacted Shopify's share price.

Shopify share price volatility

Over the last 12 months, Shopify's shares have ranged in value from as little as $45.5 up to $91.57. A popular way to gauge a stock's volatility is its "beta".

SHOP.US volatility(beta: 2.29)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Shopify's is 2.293. This would suggest that Shopify's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Shopify overview

Shopify Inc. , a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011.

Frequently asked questions

OVERWRITE^ Is Shopify stock a buy or hold?
Based on the information available, Shopify (NYSE: SHOP) stock is currently rated as a ""Buy"" by analysts, with a 12-month stock price forecast of $63.98, representing a decrease of -10.06% from the latest price. Where will Shopify stock be in five years?
The stock has been the subject of various analyst actions, with some downgrades and upgrades based on the company's performance and investor day events. What is Shopify stocks called?
Shopify stock is publicly traded on the New York Stock Exchange under the ticker symbol "SHOP." Is Shopify publicly traded?
As for where Shopify stock will be in five years, the future performance of the stock is uncertain and depends on various factors, including the company's growth, market conditions and industry trends."
What percentage of Shopify is owned by insiders or institutions?
Currently 0.182% of Shopify shares are held by insiders and 68.792% by institutions.
How many people work for Shopify?
Latest data suggests 8,300 work at Shopify.
When does the fiscal year end for Shopify?
Shopify's fiscal year ends in December.
Where is Shopify based?
Shopify's address is: 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8
What is Shopify's ISIN number?
Shopify's international securities identification number is: US82509L1070
What is Shopify's CUSIP number?
Shopify's Committee on Uniform Securities Identification Procedures number is: 82509L107
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Dhara Singh was a freelance personal finance writer at Finder specializing in loans. Formerly she was a top 10 journalist at Yahoo Finance with more than 38+ million content views where she covered retirement and mortgages. She has also written for Bankrate, and CNET and continues to write for a variety of outlets, such as Investopedia and Worth magazine. Her articles focus on equipping readers with the right information and data so they can make the most informed decisions related to their finances. Dhara previously worked as an insights analyst for Finder’s PR team, where she started the Deadliest Cities to Drive series in 2018, connecting interesting data analysis to a suite of car insurance products. When she’s not writing, Dhara coaches small business owners through her Stories to Sales programs and empowers them to use their life experiences to help other people. She has also self-published a poetry book on Amazon called Tell her She’s Lovely. Dhara holds a B.S. in Finance and Supply Chain Management from Rutgers University and a M.S. in Journalism from Columbia University. See full bio

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