TSE:SHOP
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Nervous markets await NvidiaThis summary was created by AI, based on 53 opinions in the last 12 months.
Shopify Inc. (SHOP) is a notable player in the e-commerce sector, benefiting from a significant shift towards online retail and innovative solutions for businesses. However, experts express concerns over its high valuation, with a forward price-to-earnings (PE) ratio exceeding 60, prompting opinions that the stock may be overvalued given current growth projections. Analysts highlight the importance of market trends and indicate a preference for large competitors like Amazon (AMZN) when considering investments in this space. Although recent performance has shown promise, with growth in subscription revenue and a positive outlook for e-commerce, many view the current price as a potential barrier. Technical indicators, along with market sentiment, suggest that investors should be cautious and consider entry points carefully.
"The NVDA of the North". Different businesses, but in the sense that everyone is flocking to that name. Very few tech names to own in Canada, so when we do find one it tends to get run up. In top 5 by market cap of TSX, and probably 6-7% of the entire TSX. That's huge.
Question now is "Does it deserve that premium valuation?" Reaching an all-time high. Very consumer driven. Expectations for growth are way too high. For her to look at it, would have to decrease by more than half. Too risky for her firm.
This type of company is out of his wheelhouse. He looks at cash flow; SHOP's free cash flow is too expensive. SHOP has been growing like gangbusters. He watches it, because it's significant in Canada. The changes in US taxation did not impair SHOP, surprisingly. Their business keeps going very well. Is a momentum name, but growth could slow and the street could focus on its cash flow down the road. The PE is rich.
A tough one. Lots of speculation in the name. If you look at it with a purely quantitative view, you'd be a bit nervous. Still in the high growth, ramping up operations, risky "startup" phase. Improving ROC. Valuation makes him pause.
Doesn't have a problem owning it, but should not be core. If your portfolio has 20 stocks, 5% each, then this one should only be ~2%. With today's earnings pop, good to trim.
Pay attention to the old highs (~$200), and stock's getting close to them. Recent peak does appear to be breaking the last one. Probably will get to the $200 area, so still a few bucks to go. From there, that's when to start chewing your nails, as it's stalled there before when those old buyers just want their money back.
Shopify Inc. is a Canadian stock, trading under the symbol SHOP-T on the Toronto Stock Exchange (SHOP-CT). It is usually referred to as TSX:SHOP or SHOP-T
In the last year, 35 stock analysts published opinions about SHOP-T. 18 analysts recommended to BUY the stock. 14 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Shopify Inc..
Shopify Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Shopify Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
35 stock analysts on Stockchase covered Shopify Inc. In the last year. It is a trending stock that is worth watching.
On 2025-09-05, Shopify Inc. (SHOP-T) stock closed at a price of $203.34.
Fantastic business; however, has done well partly because it's one of a very few tech names in the TSX. Worries about valuation. Technicals are doing well -- higher highs and higher lows, above 200-day MA. But PEG ratio is over 3x. PE is about 90x, and forward is the same, for 30% growth rate. Any hiccups on meeting expectations, and the stock has a bit to fall.
Better risk-adjusted names elsewhere.