$71.37
Shopify Inc (SHOP) is a publicly traded software - application business based in the US which employs around 8,300 staff. Shopify is listed on the NYSE and traded in US dollars. Its current price of $71.365 is 4.5% up on its price a month ago ($68.31).
How to buy shares in Shopify
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: SHOP in this case.
- Research Shopify shares. The platform should provide the latest information available.
- Buy Shopify shares. It's that simple.
The whole process can take as little as 15 minutes.
Our top picks for where to buy Shopify shares
- Commission-free trades
- Fractional shares
- Get dividend payments
- Commission-free trades
- Fractional shares
- 5,400+ stocks/ETFs
- Free fund trading
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- Wide range of accounts
Fees calculator for buying Shopify shares with popular apps
Both exchange rates and share prices fluctuate in real time, so the costs estimated here should be considered as a guide only. They don't factor in spreads, which can be hard to pin down. Always refer to the platform itself for availability and pricing.
Quantity of shares
Platform | Finder Score | Account fee | Min. initial deposit | Trade cost | Link |
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4.3 ★★★★★ |
£0 | $100 | £664.00 |
Go to siteCapital at risk
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4.4 ★★★★★ |
£0 | £0 | £658.05 |
Go to siteCapital at risk
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4.4 ★★★★★ |
£0 | £0 | £657.46 |
Go to siteCapital at risk
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|
4.4 ★★★★★ |
£0 | £0 | £657.46 |
Go to siteCapital at risk
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4.2 ★★★★★ |
£0 | £1 | £672.68 |
Go to siteCapital at risk
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4.4 ★★★★★ |
0% - 0.25% | £100 | N/A |
Go to siteCapital at risk
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Full comparison of share dealing platforms
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.
Alternative ways to invest in Shopify
Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Shopify), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.
Shopify is a major part of the NYSE, so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).
Is it a good time to buy Shopify stock?
Review technicals and fundamentals to help you determine if now's a good time for you to invest.
Technical analysis
View Shopify's price performance, share price volatility, historical data and technicals.
Historical closes compared with the last close of $71.365
1 week (2024-09-04) | 1.79% |
---|---|
1 month (2024-08-11) | 4.47% |
3 months (2024-06-11) | 9.00% |
6 months (2024-03-11) | -6.54% |
1 year (2023-09-11) | 13.40% |
2 years (2022-09-11) | 102.97% |
3 years (2021-09-09) | -95.19% |
5 years (2019-09-11) | -79.99% |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
- Start investing from $50
- Pay no stamp duty on UK shares
- Commission-free trading. Other fees may apply.
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.
Is Shopify under- or over-valued?
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. Check out the Shopify P/E ratio, PEG ratio and EBITDA.
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 68x. In other words, Shopify's shares trade at around 68x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 09, 2023 (20.44). 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 industry or those of similar companies.
- Salesforce-com (CRM.US): 42.58
- Oracle Corporation (ORCL.US): 38.12
- SAP SE ADR (SAP.US): 88.42
Shopify's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1192. A PEG ratio close to 1 can be interpreted as meaning shares offer reasonable value for the current rate of growth.
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.
However, it's sensible to consider Shopify's PEG ratio in relation to those of similar companies.
- Salesforce-com (CRM.US): 1.50
- Oracle Corporation (ORCL.US): 2.11
- SAP SE ADR (SAP.US): 2.46
Shopify's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $991 million (£757 million).
The EBITDA is a measure of Shopify's overall financial performance and is widely used to measure a its profitability.
To put that into context you can compare it against similar companies.
- Salesforce-com (CRM.US): USD$9.3 billion
- Oracle Corporation (ORCL.US): USD$21.2 billion
- Bigcommerce Holdings Inc (BIGC.US): USD$-24718000
- SAP SE ADR (SAP.US): USD$8.1 billion
Frequently asked questions
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.
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