Our experts keep on top of the markets to bring you the latest on what's shaking up stock prices.
27 July 2022: Shopify has released an earnings report that revealed a lower than predicted revenue of $1.3 billion (£1.08 billion). Shopify's earnings per share is -$0.03 (-£0.02) — analysts expected an EPS of $0.03.
26 July 2022: Shopify has made 10% of its workforce redundant, notifying the affected staff by email that they would be leaving the company that day. A blog post from the founder was published announcing the news shortly before impacted staff were notified. Shopify saw a spike in demand and rapid growth during the pandemic and hired additional staff to keep up with the growth. As businesses started to open up and people returned to offices, Shopify found that demand reduced down to what pre-COVID figures suggested it would be at this point.
Shopify Inc (SHOP) is a publicly traded software-application business based in Canada. On 10 August Shopify shares leapt 10.50% to a closing position of $40.61. However, over the last 12 months, Shopify's share price has fallen by an alarming 74.83% from $148.19 (accounting for the 29 June 2022 split). Shopify is listed on the NYSE and employs 10,000 staff. All prices are listed in US Dollars.
The whole process can take as little as 15 minutes.
Best for
0% commission
Best for
Beginner investments
Best for
Mobile app
Best for
US shares
Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.
| Platform | Platform fee | Min. initial deposit | Trading fee estimate | |
|---|---|---|---|---|
|
£0 | $10 | £3.09 £622.05 total |
Capital at risk |
|
£0 | £250 | £11.43 £630.39 total |
Capital at risk |
 |
£0 | £1 | £2.79 £621.74 total |
Capital at risk |
|
£0 | No minimum | £6.19 £625.15 total |
Capital at risk |
 |
£0 | £1 | £18.14 £637.10 total |
Capital at risk |
 |
£0 | £0.01 | £0.62 £619.58 total |
Capital at risk |
 |
£9.99 per month | No minimum | £17.27 £636.23 total |
Capital at risk |
 |
£0 | £50 | £3.09 £622.05 total |
Capital at risk |
 |
£36 per year | £20 | £17.24 £636.19 total |
Capital at risk |
Full comparison of share dealing platforms
Historical closes compared with the last close of $37.3
| 1 week (2022-08-11) | -7.72% |
|---|---|
| 1 month (2022-07-18) | 14.63% |
| 3 months (2022-05-16) | 3.63% |
| 6 months (2022-02-14) | -55.99% |
| 1 year (2021-08-18) | -75.05% |
|---|---|
| 2 years (2020-08-18) | -63.60% |
| 3 years (2019-08-17) | 20.31% |
| 5 years (2017-08-17) | 298.93% |
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.
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.
Shopify's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 306x. In other words, Shopify shares trade at around 306x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, Shopify's P/E ratio is best considered in relation to those of others within the software-application industry or those of similar companies.
| Open | $38.75 |
|---|---|
| High | $39.015 |
| Low | $37.1 |
| Close | $37.3 |
| Previous close | $39.58 |
| Change | $-2.28 |
| Change % | -5.7605% |
| Volume | 28,679,084 |
| 52-week range | $29.72 - $176.2919 |
|---|---|
| 50-day moving average | $35.5397 |
| 200-day moving average | $78.2548 |
| Wall St. target price | $76.26 |
| PE ratio | 306.4616 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.13 |
We're not expecting Shopify to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.
You may also wish to consider:
Over the last 12 months, Shopify's shares have ranged in value from as little as $29.72 up to $176.2919. A popular way to gauge a stock's volatility is its "beta".
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 1.7954. This would suggest that Shopify's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
To put Shopify's beta into context you can compare it against those of similar companies.
You can own Shift Technologies shares in just a few minutes by using an online share dealing platform. Our table lets you compare the UK’s leading share dealing accounts to find the right one for you.
Ever wondered how to buy shares in Integrated Media? We explain how and compare a range of providers that can give you access to many brands, including Integrated Media Technology.
Learn more about Aeroclean Technologies’ recent performance and where you can invest in Aeroclean Technologies shares. We also run through some helpful rules of thumb for any investor
Ever wondered how to buy shares in Twitter? We explain how and compare a range of providers that can give you access to many brands, including Twitter.
Everything we know about the Aviatrix IPO, plus information on how to buy shares.
Ever wondered how to buy shares in Cyxtera Technologies? We explain how and compare a range of providers that can give you access to many brands, including Cyxtera Technologies.
Ever wondered how to buy shares in IonQ? We explain how and compare a range of providers that can give you access to many brands, including IonQ.
Ever wondered how to buy shares in Affirm? We explain how and compare a range of providers that can give you access to many brands, including Affirm.
Ever wondered how to buy shares in DigitalOcean? We explain how and compare a range of providers that can give you access to many brands, including DigitalOcean.
Ever wondered how to buy shares in Matterport? We explain how and compare a range of providers that can give you access to many brands, including Matterport.
