How to buy Shopify shares

Shopify shares have fallen 0.05% from their previous closing price ($62.69). Learn how to easily invest in Shopify shares in the UK.

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 $62.66 is 3.6% down on its price a month ago ($65.03).

How to buy shares in Shopify

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: SHOP in this case.
  5. Research Shopify shares. The platform should provide the latest information available.
  6. 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

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

12
Platform Finder Score Account fee Min. initial deposit Trade cost Link
eToro Free Stocks logo
4.3 ★★★★★
£0 $100 £591.40
Go to siteCapital at risk
Saxo Share Dealing Account logo
4.3 ★★★★★
0.12% per year £0 £584.26
Go to siteCapital at risk
XTB logo
4.4 ★★★★★
£0 £0 £585.58
Go to siteCapital at risk
CMC Invest share dealing account logo
4.4 ★★★★★
£0 £0 £585.58
Go to siteCapital at risk
Hargreaves Lansdown Fund and Share Account logo
4.2 ★★★★★
£0 £1 £600.44
Go to siteCapital at risk
Webull logo
4.1 ★★★★★
£0 £0 £584.85
Read reviewCapital at risk
Trading212 logo
4.7 ★★★★★
£0 £1 £583.54
Read reviewCapital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

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.

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

Historical closes compared with the last close of $62.66

1 week (2024-07-15)-10.13%
1 month (2024-06-20)-3.64%
3 months (2024-04-22)-15.34%
6 months (2024-01-22)-22.78%
1 year (2023-07-20)-4.44%
2 years (2022-07-21)67.76%
3 years (2021-07-22)-96.19%
5 years (2019-07-22)-81.02%

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.

Promoted
eToro Free Stocks
Invest in Shopify shares
Finder Award
  • 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 "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.

Shopify's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $598 million (£0.0 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.

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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