Shopify Inc.

SHOP-T

TSE:SHOP

553.94
49.42 (9.80%)
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
TOP PICK
TOP PICK
March 31, 2020
He sold it at $578, then rebought it. The poster child of e-commerce. The valuation concerns some, but look at their runway going forward: the fulfillment business, and tremendous opportunity internationally. (Analysts’ price target is $511.04)
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Shopify Inc. (SHOP-T)
March 31, 2020
He sold it at $578, then rebought it. The poster child of e-commerce. The valuation concerns some, but look at their runway going forward: the fulfillment business, and tremendous opportunity internationally. (Analysts’ price target is $511.04)
Kim Bolton

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Price
$611.520
Owned
Unknown
WAIT
WAIT
March 11, 2020

SHOP vs. LSPD SHOP does have some profits. He'd be a buyer, but closer to the 200 day, which is $493. He's a fundamentalist at heart. Still, if you focus too much on that, you'll miss the boat. Look at the chart, price to sales, and whether the business is well run and necessary to commerce. You can't wait for just the numbers. Longer term, you can own it. LSPD won't be the next Shopify, but it does have a lot of good growth vectors. You can pick away at it here at these beaten up levels.

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Shopify Inc. (SHOP-T)
March 11, 2020

SHOP vs. LSPD SHOP does have some profits. He'd be a buyer, but closer to the 200 day, which is $493. He's a fundamentalist at heart. Still, if you focus too much on that, you'll miss the boat. Look at the chart, price to sales, and whether the business is well run and necessary to commerce. You can't wait for just the numbers. Longer term, you can own it. LSPD won't be the next Shopify, but it does have a lot of good growth vectors. You can pick away at it here at these beaten up levels.

DON'T BUY
DON'T BUY
March 4, 2020

The great Canadian tech story, but it's run up far and we can face a slowdown. In six months, this could be better-valued.

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Shopify Inc. (SHOP-T)
March 4, 2020

The great Canadian tech story, but it's run up far and we can face a slowdown. In six months, this could be better-valued.

BUY WEAKNESS
BUY WEAKNESS
February 21, 2020

A hard one to call. Based on valuation it is at nose bleed levels; however, they are still growing the business and are one of the biggest employers of tech in Canada. It is hard to see a huge plunge for them. They should be able to continue the momentum.

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

A hard one to call. Based on valuation it is at nose bleed levels; however, they are still growing the business and are one of the biggest employers of tech in Canada. It is hard to see a huge plunge for them. They should be able to continue the momentum.

Ian Fung

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Price
$711.040
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
February 18, 2020

It's not cheap and priced for perfection--but it IS delivering perfection. There will be pullbacks when high-multiple stocks get hit. They just reported a great quarter, and offers fine growth. He hasn't trimmed his holding. Hold this until they start disappointing investors, if that happens. It's a real competitor to Amazon, and US investors are buying Shopify.

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Shopify Inc. (SHOP-T)
February 18, 2020

It's not cheap and priced for perfection--but it IS delivering perfection. There will be pullbacks when high-multiple stocks get hit. They just reported a great quarter, and offers fine growth. He hasn't trimmed his holding. Hold this until they start disappointing investors, if that happens. It's a real competitor to Amazon, and US investors are buying Shopify.

BUY WEAKNESS
BUY WEAKNESS
February 14, 2020
He sold it the other day after being up 19%. He wants to buy back in on weakness. He would look to buy it at $500 US.
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Shopify Inc. (SHOP-T)
February 14, 2020
He sold it the other day after being up 19%. He wants to buy back in on weakness. He would look to buy it at $500 US.
DON'T BUY
DON'T BUY
February 13, 2020
An amazing investment. She's not chasing it. Trading at 23x revenue, so very highly priced. Had a great quarter. In the right place for e-commerce. Too rich for her.
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Shopify Inc. (SHOP-T)
February 13, 2020
An amazing investment. She's not chasing it. Trading at 23x revenue, so very highly priced. Had a great quarter. In the right place for e-commerce. Too rich for her.
BUY
BUY
February 12, 2020

Can I still get in after soaring like today? The market will be good this year with less volatility and less political interference. You want to own strength. If SHOP makes a mistake, it'll be costly, but they have a lot of investments. They are rock solid in small/medium-sized customers. Retailers tell him that this year the light went on--meaning going to e-commerce. And Shopify is the way to play this, this or Amazon. He owns both. SHOP reported a big beat today. They will continue to growth at this rate, and there are limited choices. Can it pullback? Yes. But it will also climb higher.

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Shopify Inc. (SHOP-T)
February 12, 2020

Can I still get in after soaring like today? The market will be good this year with less volatility and less political interference. You want to own strength. If SHOP makes a mistake, it'll be costly, but they have a lot of investments. They are rock solid in small/medium-sized customers. Retailers tell him that this year the light went on--meaning going to e-commerce. And Shopify is the way to play this, this or Amazon. He owns both. SHOP reported a big beat today. They will continue to growth at this rate, and there are limited choices. Can it pullback? Yes. But it will also climb higher.

DON'T BUY
DON'T BUY
February 4, 2020
A real Canadian success story, but the company is ahead of itself. He wants to see fundamentals, so he's not impressed by gaudy multiples like Shopify's. Rockets come down as fast as they shoot up. He likes Shopify, but not the price. A great company and a great company at a reasonable price are two separate things.
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Shopify Inc. (SHOP-T)
February 4, 2020
A real Canadian success story, but the company is ahead of itself. He wants to see fundamentals, so he's not impressed by gaudy multiples like Shopify's. Rockets come down as fast as they shoot up. He likes Shopify, but not the price. A great company and a great company at a reasonable price are two separate things.
DON'T BUY
DON'T BUY
February 3, 2020
He used to own it. It has continued like a rocket-ship since he sold it. He would be gun shy at this point given the law of large numbers. Their growth is slowing on a percentage basis. They are investing heavily in expansion. Their disclosure is a bit manipulative. It is excluding the impact of stock-based compensations. It has astronomical valuation. You don't know when it will stop.
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Shopify Inc. (SHOP-T)
February 3, 2020
He used to own it. It has continued like a rocket-ship since he sold it. He would be gun shy at this point given the law of large numbers. Their growth is slowing on a percentage basis. They are investing heavily in expansion. Their disclosure is a bit manipulative. It is excluding the impact of stock-based compensations. It has astronomical valuation. You don't know when it will stop.
WATCH
WATCH
January 31, 2020
He owned it and sold out too soon. It's a stock that is vulnerable to general market sell-offs. It trades at astronomical multiples. If the sell-off continues, it could go down further. He would wait for it to find a floor and stabilize.
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Shopify Inc. (SHOP-T)
January 31, 2020
He owned it and sold out too soon. It's a stock that is vulnerable to general market sell-offs. It trades at astronomical multiples. If the sell-off continues, it could go down further. He would wait for it to find a floor and stabilize.
COMMENT
COMMENT
January 30, 2020
Analysts have to keep on raising their target to keep a buy on it but no one knows what the value is on it. Investors keep buying it because the price keeps going up. Revenue growth is slowing.
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Shopify Inc. (SHOP-T)
January 30, 2020
Analysts have to keep on raising their target to keep a buy on it but no one knows what the value is on it. Investors keep buying it because the price keeps going up. Revenue growth is slowing.
COMMENT
COMMENT
January 30, 2020
If you own a lot, not sure you want to add. Trading at 630 PE, with anticipated 40% growth rate. Not cheap. Concern long term is it caters to small and medium sized businesses, which will be hit sooner if the economy slows.
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Shopify Inc. (SHOP-T)
January 30, 2020
If you own a lot, not sure you want to add. Trading at 630 PE, with anticipated 40% growth rate. Not cheap. Concern long term is it caters to small and medium sized businesses, which will be hit sooner if the economy slows.
WAIT
WAIT
January 27, 2020
He does not advocate buying it right now. There is a difference between a great company and a great stock. They have done a great job. They are well positioned in on-line retail. It is at a very high multiple. Wait for a significant correction in the share price.
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Shopify Inc. (SHOP-T)
January 27, 2020
He does not advocate buying it right now. There is a difference between a great company and a great stock. They have done a great job. They are well positioned in on-line retail. It is at a very high multiple. Wait for a significant correction in the share price.
PARTIAL SELL
PARTIAL SELL
January 27, 2020
The chart looks good despite from big dips. High flyers get beaten first on sell-off days like this. Take some off the table; it may be too big in your portfolio. Don't worry about volatility; it's a great company and stock. Wait a bit longer to sell.
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Shopify Inc. (SHOP-T)
January 27, 2020
The chart looks good despite from big dips. High flyers get beaten first on sell-off days like this. Take some off the table; it may be too big in your portfolio. Don't worry about volatility; it's a great company and stock. Wait a bit longer to sell.
Showing 1 to 15 of 333 entries

Shopify Inc.(SHOP-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 31

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 39

Total Signals / Votes : 73

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, 73 stock analysts published opinions about SHOP-T. 31 analysts recommended to BUY the stock. 39 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 Kim Bolton on 2020-03-31. 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?

73 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 2020-04-06, Shopify Inc. (SHOP-T) stock closed at a price of $553.94.