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Shopify (SHOP)

(Real Time Quote from BATS)

$58.11 USD

58.11
20,106,313

-0.67 (-1.14%)

Updated May 14, 2024 04:00 PM ET

After-Market: $58.03 -0.08 (-0.14%) 4:16 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

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 B 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 24% (59 out of 250)

Industry: Internet - Services

Better trading starts here.

Zacks News

Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know

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.

Shopify (SHOP) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Shopify's (SHOP) first-quarter 2024 results benefit from growth in merchant solutions revenues and an expanding merchant base.

Sanghamitra Saha headshot

Shopify Slumps on Downbeat Q2 Outlook: ETFs in Focus

The cloud-based, multi-channel commerce platform Shopify (SHOP) slumped about 18.6% on May 8 on downbeat outlook.

Tracey Ryniec headshot

5 Critical Earnings Charts for This Week

These are the 5 must-see earnings charts for this week.

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

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Compared to Estimates, Shopify (SHOP) Q1 Earnings: A Look at Key Metrics

Although the revenue and EPS for Shopify (SHOP) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Shopify (SHOP) Beats Q1 Earnings and Revenue Estimates

Shopify (SHOP) delivered earnings and revenue surprises of 25% and 1.36%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

PDD Holdings and 3D Systems have been highlighted as Zacks Bull and Bear of the Day

PDD Holdings and 3D Systems have been highlighted as Zacks Bull and Bear of the Day.

Should You Buy Shopify (SHOP) Ahead of Earnings?

Shopify (SHOP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Aniruddha Ganguly headshot

Is Shopify (SHOP) Stock Worth Buying Ahead of Q1 Earnings?

Shopify's (SHOP) first-quarter 2024 performance is expected to reflect benefits from the growing adoption of merchant-friendly solutions despite the challenging macro environment.

Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch

The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.

Seeking Clues to Shopify (SHOP) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Get a deeper insight into the potential performance of Shopify (SHOP) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

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3 Strong Stocks to Buy in May and Hold

The unknowns around the corner shouldn't deter investors since the last several years show how difficult the market timing game is. Investors who want to stay constantly exposed to stocks might consider buying these strong tech stocks in May.

Shopify (SHOP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Shopify (SHOP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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

Shopify (SHOP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Shopify (SHOP) Rises Higher Than Market: Key Facts

The latest trading day saw Shopify (SHOP) settling at $71.33, representing a +1.11% change from its previous close.

Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now

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

Can Shopify (SHOP) Keep the Earnings Surprise Streak Alive?

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.

Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Shopify (SHOP). This makes it worthwhile to examine what the stock has in store.

Cognizant (CTSH) Launches Fraud Prevention Solution With FICO

Cognizant (CTSH) partners with FICO to launch a cloud-based real-time payment fraud prevention solution to protect customers from digital payment scams.

Why the Market Dipped But Shopify (SHOP) Gained Today

Shopify (SHOP) reachead $69.41 at the closing of the latest trading day, reflecting a +1.03% change compared to its last close.

Shopify (SHOP) Stock Dips While Market Gains: Key Facts

Shopify (SHOP) reachead $71.57 at the closing of the latest trading day, reflecting a -0.57% change compared to its last close.

EBAY Boosts Fashion Retail Offering With Generative AI Feature

EBAY launches a "shop the look" generative AI-powered feature for fashion enthusiasts, boosting their online shopping experience.

Cognizant (CTSH) Boosts Retail Sector With Latest Partnership

Cognizant (CTSH) transforms retail with Shopify and Alphabet's cloud business Google Cloud partnership, driving digital transformation for global brands.

Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know

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.