
NYSE:SHOP
This summary was created by AI, based on 6 opinions in the last 12 months.
Shopify Inc. has garnered mixed reviews from experts concerning its stock performance and valuation. While the company reported a strong 34% revenue growth recently, projections indicate a slowdown to the high-20s, leading to a decrease in share price. Despite potential threats from emerging competitors and concerns over its 64x PE ratio, some analysts believe that the stock has sold off too fast and is undervalued, especially given historical trends showing that it rallies 70% of the time from April to August. Additionally, there is notable market interest and buying activity from professionals, hinting at strong future performance. Overall, despite recent performance struggles and fluctuations due to market sentiment, several analysts maintain a positive outlook on Shopify's foundational strengths.
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.
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.