NYSE:SHOP

Shopify Inc (SHOP)

109.54
-6.50 (5.60%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
228 watching
0
Investor Insights
star iconJun 6, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Shopify Inc has recently reported an impressive 34% revenue growth, although projections indicate a slowdown to the high-20s, leading to a decline in share value. Technical analyst Larry Williams suggests that the sell-off may be excessive, pointing to seasonal trends that historically favor the stock, especially between April and August, with notable strength in May. While Shopify faced challenges in Q1 with a 26% decline, many analysts believe it's still a strong player in e-commerce, and the stock remains profitable. Current trading suggests it is near a price target of $174, which presents an opportunity for short-term options trading. Overall, there are indications of institutional buying, and the company is seen as a reliable performer, despite fluctuations in its stock price.

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Consensus
Positive
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Valuation
Undervalued
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Similar
EBAY, EBAY
HOLD
The market is moving out of PE into price/sales. It's tough to be in long-duration assets in this market. But he's holding on, not selling, and is underweight these names. He believes in their business models, though it's tough to feel the pain on the way down. You got to right-size such holdings.
TOP PICK
On sale today, by 10%. E-commerce as a service. Well managed. Concern about new fulfillment centre strategy, but they explained it well. Everything is running well. 12-month price target of $1550 USD. No dividend.
COMMENT
A winner during the pandemic and will thrive if Omicron makes an impact. They just had a huge Black Friday with $2.9 billion in sales, up 21% over last year though online sales declined YOY. Their last quarter was mixed to some analysts, management reiterated its full-year forecast, so shares didn't drop, though they did sell-off last Friday (along with the market).
BUY
They support small business, what America needs now though Shopify is Canadian. Their platform accounts for 9% of all e-commerce. This is an anazing company with stunning growth.
BUY
You can buy this now at 20% below highs. SHOP is shooting the lights out.
STRONG BUY
A 2020 winner that's fallen out of fashion now. Hit its peak last month and now down 20%. Strongly buy this weakness. Their last quarter was great.
BUY ON WEAKNESS
It's up SO much. He liked it at $120, but now trades at 10x that price. A great company, but by a tranche when it falls lower, which he expects.
BUY
Sell given current volatility? Loves it. You must think of this over many years, as consumer sentiment moves from big box to individual empowerment. It's the ethos that matters here. Stay long if you hold it. You don't need to buy more now.
BUY

Shopify vs. Big Commerce Big Commerce went public in August and is basically a Shopify copycat. He prefers Shopify which has a faster growth rate and is turning a profit. Has always liked Shopify. Both are Covid winners.

PARTIAL SELL
Up 300%? Take some profits. This is investing discipline.
PAST TOP PICK
(A Top Pick Oct 01/19, Up 191%) Glad he still owns it. He targets US$1,100, so there's currently room to grow (not US$903). Has a long runway in secular growth. Their track record of innovation is phenomenal. He sees a much-higher stock price. Their Q2 report said that gross merchandise volume accelerated 119% at a phenomenal annual rate.
COMMENT
He has built up a position in the US holding. His price target is $375 US. A recent share offering diluted the shares, but now it trades at $4 billion below enterprise value. He has a 3.5% holding in his portfolio.
COMMENT
SHOP, US vs. Canadian. Can't explain why one is up and one is down, unless it was the recent holidays.
COMMENT

Amazon (AMZN-Q), Shopify (SHOP-N)? Both are trading at high valuations. This one is not quite making money, while Amazon is making a small profit margin, but not much. Amazon is growing its top line in the low 20% range, and this one has 80% revenue growth. If he has 2 companies that are both overpriced, he is going to go with the one that is 80% versus the one that is growing 20%, so he would go with this one.

DON'T BUY

Has a super high valuation, and he wouldn’t recommend buying at these levels. He really likes the company and they have done a tremendous job. Good management team.

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