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Shopify (SHOP)

(Delayed Data from NYSE)

$59.94 USD

59.94
5,253,193

+0.50 (0.84%)

Updated Jul 26, 2024 04:00 PM ET

After-Market: $59.94 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

1-Strong Buy of 5 1        

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value A Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 37% (93 out of 250)

Industry: Internet - Services

Better trading starts here.

Zacks News

Aniruddha Ganguly headshot

Shopify (SHOP) Loses 10% in a Month: Should You Buy the Dip?

Shopify's (SHOP) recent dip offers a buying opportunity for growth-oriented investors, given its expanding merchant base and strong partner base.

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An Update on this Tech-driven U.S. Economy

Can this "AI" Cap-ex boom keep driving ahead?

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Target (TGT) Down 11% in 3 Months: Solid Bargain or Risky Bet?

Target (TGT) is grappling with challenges across multiple fronts, ranging from softness in key product categories to competitive pressures.

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3 Internet Services Stocks to Beat Earnings Estimates in Q2

Here, we take a sneak peek into how these three internet services stocks - SHOP, UBER and VNET - are poised ahead of their earnings releases.

Want Better Returns? Don?t Ignore These 2 Computer and Technology Stocks Set to Beat Earnings

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Shopify (SHOP) Stock Sinks As Market Gains: What You Should Know

Shopify (SHOP) closed the most recent trading day at $62.69, moving -0.74% from the previous trading session.

John Blank headshot

The "Mag 7" Report: Global Week Ahead

Throughout this week, Q2-24 S&P500 earnings will be front and center, as members of the "Magnificent 7" report their results, along with major banks.

Zacks Investment Ideas feature highlights: Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon

Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon are part of the Zacks Investment Ideas article.

Benjamin Rains headshot

3 Top Tech Stocks Down at Least 20% to Buy Now Before Earnings

Investors who can stomach the possibility of more near-term selling and volatility should start buying great stocks on sale right now.

The Zacks Analyst Blog Apple, Lowe's, Shopify, MIND and Moving iMage

Apple, Lowe's, Shopify, MIND and Moving iMage are included in this Analyst Blog.

Mark Vickery headshot

Top Research Reports for Apple, Lowe's & Shopify

Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Lowe's Companies, Inc. (LOW) and Shopify Inc. (SHOP), as well as two micro-cap stocks MIND Technology, Inc. (MIND) and Moving iMage Technologies, Inc. (MITQ).

Shopify (SHOP) Moves 8.6% Higher: Will This Strength Last?

Shopify (SHOP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Why Shopify (SHOP) is a Top Momentum Stock for the Long-Term

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Shopify (SHOP) Stock Declines While Market Improves: Some Information for Investors

Shopify (SHOP) closed the most recent trading day at $64.21, moving -1.05% from the previous trading session.

Brokers Suggest Investing in Shopify (SHOP): Read This Before Placing a Bet

Based on the average brokerage recommendation (ABR), Shopify (SHOP) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

EBAY Boosts its Financial Services With Business Cash Advance

EBAY unveils Business Cash Advance in partnership with Liberis in a bid to boost its overall portfolio offerings.

EBAY Boosts Seller Experience With Advertising Solutions

EBAY expands its advertising offerings with the "eBay Advertising" tool in a bid to boost its seller experience.

These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Shopify (SHOP) Stock Sinks As Market Gains: What You Should Know

Shopify (SHOP) reachead $66.13 at the closing of the latest trading day, reflecting a -1.8% change compared to its last close.

These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Why Shopify (SHOP) Could Beat Earnings Estimates Again

Shopify (SHOP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Shilpa Mete headshot

Amazon (AMZN) Up 30.1% YTD on Retail Strength: Should You Buy?

Amazon (AMZN) rides on retail momentum driven by e-commerce strength. This makes the stock worth a buy.

Cognizant (CTSH), TDECU Team Up for AI-Driven Transformation

Cognizant (CTSH) partners with TDECU to boost efficiency and member experience through AI-driven transformation, aiming for accelerated growth and enhanced productivity.

Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching Shopify (SHOP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.