Shopify Inc.

SHOP-T

TSE:SHOP

1,364.73
1.99 (0.15%)
Shopify is both a Canadian e-commerce company headquartered in Ottawa, Ontario and the name of its computer software platform for online stores and retail point-of-sale systems.
More at Wikipedia

Analysis and Opinions about SHOP-T

Signal
Opinion
Expert
Chart
TOP PICK
TOP PICK
April 13, 2021
Stockchase Research Editor: Michael O'Reilly As consumers become more comfortable with online commerce, SHOP is well positioned to continue to see significant growth. It offers retailers an efficient way to sell directly and it collects recurring revenues through subscription fees. Earnings will be reported April 28 and the market expects EPS of $0.71 US and revenue of over $848 million US. Growth is expected to be modest compared to more than 1200% last year. Its success as a Canadian company has allowed it to build its cash position to over $2 billion US. We would buy this with a stop loss at $1000, looking to achieve $2000 -- upside potential over 30%. Yield 0% (Analysts’ price target is $2002.76)
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Shopify Inc. (SHOP-T)
April 13, 2021
Stockchase Research Editor: Michael O'Reilly As consumers become more comfortable with online commerce, SHOP is well positioned to continue to see significant growth. It offers retailers an efficient way to sell directly and it collects recurring revenues through subscription fees. Earnings will be reported April 28 and the market expects EPS of $0.71 US and revenue of over $848 million US. Growth is expected to be modest compared to more than 1200% last year. Its success as a Canadian company has allowed it to build its cash position to over $2 billion US. We would buy this with a stop loss at $1000, looking to achieve $2000 -- upside potential over 30%. Yield 0% (Analysts’ price target is $2002.76)
Stockchase Research
Price
$1560.000
Owned
_N/A
DON'T BUY
DON'T BUY
April 5, 2021

For a few months it was the biggest company in Canada, surpassing RY-T. He used to own SHOP-T. He moved on because of high expectations and valuations. The concerns remain and are greater now than three years ago. It's going to face difficult comparisons to last year as we return to normalcy during 2021. They do a lot of their business in the US. The chart is not broken but the uptrend looks wobbly. There is support around $1,400 and below that there is quite an air-pocket. If you own it, lighten up on it.

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Shopify Inc. (SHOP-T)
April 5, 2021

For a few months it was the biggest company in Canada, surpassing RY-T. He used to own SHOP-T. He moved on because of high expectations and valuations. The concerns remain and are greater now than three years ago. It's going to face difficult comparisons to last year as we return to normalcy during 2021. They do a lot of their business in the US. The chart is not broken but the uptrend looks wobbly. There is support around $1,400 and below that there is quite an air-pocket. If you own it, lighten up on it.

Brian Madden
Price
$1447.290
Owned
No
PAST TOP PICK
PAST TOP PICK
March 31, 2021
(A Top Pick Mar 31/20, Up 132%) He's been adding. Price target in 12 months of $1453. Very long runway. Canadian darling. In 175 countries. Terrific to buy on the dips under $1100. February reporting blew the doors off. Loves it.
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Shopify Inc. (SHOP-T)
March 31, 2021
(A Top Pick Mar 31/20, Up 132%) He's been adding. Price target in 12 months of $1453. Very long runway. Canadian darling. In 175 countries. Terrific to buy on the dips under $1100. February reporting blew the doors off. Loves it.
Kim Bolton
Price
$1396.380
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
March 12, 2021
Have been long on this name. Everything has been working and growth has been compressed under covid. Sold half their position around high $1700. A stock you want to own and you should use the charts to enter. For higher risk accounts, he has been adding at these levels.
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Shopify Inc. (SHOP-T)
March 12, 2021
Have been long on this name. Everything has been working and growth has been compressed under covid. Sold half their position around high $1700. A stock you want to own and you should use the charts to enter. For higher risk accounts, he has been adding at these levels.
Greg Newman
Price
$1422.910
Owned
Yes
DON'T BUY
DON'T BUY
March 9, 2021
He's a value investor, so he wonders how long SHOP's earnings will catch up to its high PE. It does have positive earnings, but a 420x PE. Even growing earnings at 20% a year, it'll take 25 years to normalize that PE. Too risky for him though he can see why growth investors like this.
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Shopify Inc. (SHOP-T)
March 9, 2021
He's a value investor, so he wonders how long SHOP's earnings will catch up to its high PE. It does have positive earnings, but a 420x PE. Even growing earnings at 20% a year, it'll take 25 years to normalize that PE. Too risky for him though he can see why growth investors like this.
Michael Sprung
Price
$1437.280
Owned
No
HOLD
HOLD
March 2, 2021
Why the drop off? A classic growth stock. He feels this will continue to grow and worth owning for the long term. But expect volatility. As the market focuses on the reopening trade, SHOP sold off and it's also more leveraged than other stocks. It can roar back and remains a great company. If you hold, average in, sell and buy along with the ups and downs to come.
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Shopify Inc. (SHOP-T)
March 2, 2021
Why the drop off? A classic growth stock. He feels this will continue to grow and worth owning for the long term. But expect volatility. As the market focuses on the reopening trade, SHOP sold off and it's also more leveraged than other stocks. It can roar back and remains a great company. If you hold, average in, sell and buy along with the ups and downs to come.
Bruce Murray
Price
$1593.490
Owned
No
HOLD
HOLD
March 1, 2021
It has done extremely well. They had strong results last year but they don't expect to keep it up. They will have slower growth after the Pandemic. It's okay right now but if it maintains its under-performance against the market he would go somewhere else.
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Shopify Inc. (SHOP-T)
March 1, 2021
It has done extremely well. They had strong results last year but they don't expect to keep it up. They will have slower growth after the Pandemic. It's okay right now but if it maintains its under-performance against the market he would go somewhere else.
Brooke Thackray
Price
$1657.340
Owned
Unknown
DON'T BUY
DON'T BUY
February 19, 2021
Has had a great 2020 enabling small businesses to sell online. The high valuation has prevented them from buying for clients. The company reported recently and said they do not expect the same level of growth as last year. There is a lot of expectation in the current price.
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Shopify Inc. (SHOP-T)
February 19, 2021
Has had a great 2020 enabling small businesses to sell online. The high valuation has prevented them from buying for clients. The company reported recently and said they do not expect the same level of growth as last year. There is a lot of expectation in the current price.
Christine Poole
Price
$1810.580
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
February 17, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is often volatile around earnings. The dip today is a fine entry point if you have a longer time frame. The growth was impressive for the size of the company. Unlock Premium - Try 5i Free

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Shopify Inc. (SHOP-T)
February 17, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock is often volatile around earnings. The dip today is a fine entry point if you have a longer time frame. The growth was impressive for the size of the company. Unlock Premium - Try 5i Free

Stockchase Insights
Price
$1804.180
Owned
_N/A
PARTIAL BUY
PARTIAL BUY
February 10, 2021
A concept stock. Every time it doubled, he took profits. Doing great as an e-commerce platform, moving internationally. Trading at 28x price to book, price to sales is 70x. If you want to buy, start a half position. When it doubles, please take half off the table. Today it's at $1800, last March it was $400.
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Shopify Inc. (SHOP-T)
February 10, 2021
A concept stock. Every time it doubled, he took profits. Doing great as an e-commerce platform, moving internationally. Trading at 28x price to book, price to sales is 70x. If you want to buy, start a half position. When it doubles, please take half off the table. Today it's at $1800, last March it was $400.
David Driscoll
Price
$1877.000
Owned
Yes
BUY
BUY
January 27, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has beat estimates every quarter. There is no reason to expect weakness this quarter. The street expects $903M in revenue and $1.27 EPS. Q4 holiday sales were very strong with the pandemic forcing consumers online. Unlock Premium - Try 5i Free

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Shopify Inc. (SHOP-T)
January 27, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has beat estimates every quarter. There is no reason to expect weakness this quarter. The street expects $903M in revenue and $1.27 EPS. Q4 holiday sales were very strong with the pandemic forcing consumers online. Unlock Premium - Try 5i Free

Stockchase Insights
Price
$1397.700
Owned
_N/A
PARTIAL SELL
PARTIAL SELL
January 18, 2021

It has done very well. It is well positioned and will grow its business. It reflects the trend to e commerce. If it has grown to a lot of your portfolio you should take some off the table. MSFT-Q would allow you to diversify. It is well positioned.

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Shopify Inc. (SHOP-T)
January 18, 2021

It has done very well. It is well positioned and will grow its business. It reflects the trend to e commerce. If it has grown to a lot of your portfolio you should take some off the table. MSFT-Q would allow you to diversify. It is well positioned.

Christine Poole
Price
$1529.500
Owned
Unknown
DON'T BUY
DON'T BUY
December 29, 2020
Valuations matter to him and this trading at 25x revenue. Yes, their model is working and maybe every small retailer in the world will use their platform. It's a great company, but not sure if it's a great stock. Remember the 1999-2000 tech bubble when stocks were too far of their valuations.
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Shopify Inc. (SHOP-T)
December 29, 2020
Valuations matter to him and this trading at 25x revenue. Yes, their model is working and maybe every small retailer in the world will use their platform. It's a great company, but not sure if it's a great stock. Remember the 1999-2000 tech bubble when stocks were too far of their valuations.
John Zechner
Price
$1484.690
Owned
No
HOLD
HOLD
December 23, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock saw a sharp sell-off but there was no company news. The recent spike was pretty dramatic, with a $112 gain yesterday so it is normal to see a bit of pullback. Support is around the $1400-1425 range. Unlock Premium - Try 5i Free

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Shopify Inc. (SHOP-T)
December 23, 2020

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock saw a sharp sell-off but there was no company news. The recent spike was pretty dramatic, with a $112 gain yesterday so it is normal to see a bit of pullback. Support is around the $1400-1425 range. Unlock Premium - Try 5i Free

Stockchase Insights
Price
$1542.460
Owned
_N/A
DON'T BUY
DON'T BUY
December 21, 2020

It is expensive. It is trading at 50 times revenues. Next year they are expected to grow 30%. They are the most capitalized company in Canada. Their main competitor is AMZN-Q and they are ten times larger. It might go sideways for a while because of the discounting of future earnings.

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Shopify Inc. (SHOP-T)
December 21, 2020

It is expensive. It is trading at 50 times revenues. Next year they are expected to grow 30%. They are the most capitalized company in Canada. Their main competitor is AMZN-Q and they are ten times larger. It might go sideways for a while because of the discounting of future earnings.

Teal Linde
Price
$1537.440
Owned
Unknown
Showing 1 to 15 of 385 entries

Shopify Inc.(SHOP-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 19

Total Signals / Votes : 45

Stockchase rating for Shopify Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Shopify Inc.(SHOP-T) Frequently Asked Questions

What is Shopify Inc. stock symbol?

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

Is Shopify Inc. a buy or a sell?

In the last year, 45 stock analysts published opinions about SHOP-T. 21 analysts recommended to BUY the stock. 19 analysts recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. Read the latest stock experts' ratings for Shopify Inc..

Is Shopify Inc. a good investment or a top pick?

Shopify Inc. was recommended as a Top Pick by Stockchase Research on 2021-04-13. Read the latest stock experts ratings for Shopify Inc..

Why is Shopify Inc. stock dropping?

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.

Is Shopify Inc. worth watching?

45 stock analysts on Stockchase covered Shopify Inc. In the last year. It is a trending stock that is worth watching.

What is Shopify Inc. stock price?

On 2021-04-23, Shopify Inc. (SHOP-T) stock closed at a price of $1364.73.