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Investor Insights

This summary was created by AI, based on 6 opinions in the last 12 months.

Based on the reviews from different experts, it seems that the overall sentiment towards Shopify Inc is positive. The company has shown strong performance, beating on top and bottom lines, and maintaining a strong operating margin. Additionally, its retail partners reported record Black Friday revenues, indicating a positive outlook. Despite some concerns about its stock being hard to own and experiencing fluctuations, experts believe that Shopify Inc will recover and be profitable in the long term. Overall, the consensus is that the company is performing well and has potential for future growth.

Consensus
Positive
Valuation
Fair Value
PARTIAL SELL
Shopify Inc

He's been trimming. 12-month price target of $82, stock's banging up against that. He's still holding onto about 3.5%. Beat on top and bottom in February. Kept guidance, which many haven't. Operating margin still extremely strong. Incorporating generative AI tools. Trim, and look to get in around $73.50 and under $70.

Technology
HOLD
Shopify Inc

Don't sell at current levels, and don't freak out if this decline 5-6 points, because it has gone up so much. There'll always be profit-takers. SHOP is doing everything right for small/medium businesses. Stay long.

Technology
BUY
Shopify Inc

Its retail partners reported record Black Friday revenues.

Technology
PARTIAL BUY
Shopify Inc

It's the small/medium-sized Amazon for fulfillment. The CEO is doing a great job, but it's a hard stock to own, but long-term it will be fine.

Technology
BUY
Shopify Inc

Is up nearly 190% from its lows, still 61% below is 2021 peak. Is profitable and has tremendous earnings growth in coming years.

Technology
BUY
Shopify Inc

Has run up 72% from the bottom. Has long liked this stock. It's the Amazon for the Small Guy. It will recover.

Technology
DON'T BUY
Shopify Inc
Shares plunging on weak guidance

Expectations were too high heading to today's quarter. Could see problems with consumers and remember that recessions hit small businesses harder. But it's a good, long-term story and an important player in e-commerce. Leave this alone for a while.

Technology
SELL
Shopify Inc
They had a strong Christmas season with record numbers, but a wider slowdown ahead will be negative for SHOP, which is tied to retail sales. He sold his small position. Remains an innovative company with a long growth period ahead. He will look at this again next summer.
Technology
BUY
Shopify Inc
A pandemic darling with shares (the US stock) peaking at $176 last November and trading in the $30s today. Yesterday, SHOP announced it will lay off 10% of its workforce and today its report fell short of expectations at every major line. Management even said things will get worse this quarter before improving by the holidays. And yet, shares jumped 12% today. Why? The bad news was already baked in. Will be in far better shape 12 months from now.
Technology
BUY
Shopify Inc
A pandemic darling with shares (the US stock) peaking at $176 last November and trading in the $30s today. Yesterday, SHOP announced it will lay off 10% of its workforce and today its report fell short of expectations at every major line. Management even said things will get worse this quarter before improving by the holidays. And yet, shares jumped 12% today. Why? The bad news was already baked in. Will be in far better shape 12 months from now.
Technology
WAIT
Shopify Inc
The street believes that e-commerce has slowed dramatically because people are going out. He predicts it will take two quarters before we don't feel that way anymore.
Technology
DON'T BUY
Shopify Inc
A buying opportunity as shares are back at 2019 levels? SHOP remains expensive. The company is fantastic, yes. But the PE is very high. He buys companies that make things and return capital at a reasonable PE.
Technology
HOLD
Shopify Inc
This name has been crushed in the past couple of quarters. There's more pain to go with these names and all tech, but they are certainly more attractive now in terms of PE than a year ago. You must nimble and focus on stronger balance sheets. The next few months of the market will be difficult.
Technology
COMMENT
Shopify Inc
They report Thursday. Shares have been cut in half. The market perceives it as a lockdown stock, but not true--it's good for all seasons. Even a great quarterly report may not matter.
Technology
DON'T BUY
Shopify Inc
A terrific engine of growth and best in class--but it doesn't matter. It got hammered for reasons beyond its control. Buy Amazon instead.
Technology
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Shopify Inc(SHOP-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 6

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-N) Frequently Asked Questions

What is Shopify Inc stock symbol?

Shopify Inc is a American stock, trading under the symbol SHOP-N on the New York Stock Exchange (SHOP). It is usually referred to as NYSE:SHOP or SHOP-N

Is Shopify Inc a buy or a sell?

In the last year, 6 stock analysts published opinions about SHOP-N. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

6 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 2024-04-22, Shopify Inc (SHOP-N) stock closed at a price of $70.55.