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Shopify (SHOP) Stock Dips While Market Gains: Key Facts
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In the latest close session, Shopify (SHOP - Free Report) was down 1.27% at $124.23. The stock's change was less than the S&P 500's daily gain of 0.12%. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.2%.
Shares of the cloud-based commerce company witnessed a gain of 12.5% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 16.05%, and outperforming the S&P 500's gain of 9.3%.
The investment community will be paying close attention to the earnings performance of Shopify in its upcoming release. The company is slated to reveal its earnings on May 5, 2026. The company is expected to report EPS of $0.32, up 28% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $3.08 billion, showing a 30.67% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.78 per share and a revenue of $14.55 billion, indicating changes of +52.14% and +25.87%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Shopify. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.4% lower. As of now, Shopify holds a Zacks Rank of #3 (Hold).
Investors should also note Shopify's current valuation metrics, including its Forward P/E ratio of 70.75. This indicates a premium in contrast to its industry's Forward P/E of 14.02.
Investors should also note that SHOP has a PEG ratio of 3.41 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Services was holding an average PEG ratio of 2.1 at yesterday's closing price.
The Internet - Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 175, this industry ranks in the bottom 29% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Shopify (SHOP) Stock Dips While Market Gains: Key Facts
In the latest close session, Shopify (SHOP - Free Report) was down 1.27% at $124.23. The stock's change was less than the S&P 500's daily gain of 0.12%. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.2%.
Shares of the cloud-based commerce company witnessed a gain of 12.5% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 16.05%, and outperforming the S&P 500's gain of 9.3%.
The investment community will be paying close attention to the earnings performance of Shopify in its upcoming release. The company is slated to reveal its earnings on May 5, 2026. The company is expected to report EPS of $0.32, up 28% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $3.08 billion, showing a 30.67% escalation compared to the year-ago quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.78 per share and a revenue of $14.55 billion, indicating changes of +52.14% and +25.87%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Shopify. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.4% lower. As of now, Shopify holds a Zacks Rank of #3 (Hold).
Investors should also note Shopify's current valuation metrics, including its Forward P/E ratio of 70.75. This indicates a premium in contrast to its industry's Forward P/E of 14.02.
Investors should also note that SHOP has a PEG ratio of 3.41 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Internet - Services was holding an average PEG ratio of 2.1 at yesterday's closing price.
The Internet - Services industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 175, this industry ranks in the bottom 29% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.