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Shopify (SHOP)

(Real Time Quote from BATS)

$71.78 USD

71.78
4,788,453

+0.45 (0.63%)

Updated Apr 29, 2024 02:14 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 19% (49 out of 252)

Industry: Internet - Services

Better trading starts here.

Zacks News

Here is What to Know Beyond Why Shopify Inc. (SHOP) is a Trending Stock

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

Sheraz Mian headshot

Top Analyst Reports for FMX, Palo Alto Networks & Shopify

Today's Research Daily features new research reports on 16 major stocks, including Fomento Economico Mexicano, S.A.B. de C.V. (FMX), Palo Alto Networks, Inc. (PANW) and Shopify Inc. (SHOP).

UBER Stock Skyrockets on Inaugural Buyback Announcement

The buyback announcement highlights UBER's shareholder-friendly attitude.

Shopify (SHOP) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Shopify's (SHOP) fourth-quarter 2023 results benefit from growth in merchant solutions revenues and an expanding merchant base.

Stock Market News for Feb 14, 2024

U.S. stocks closed sharply lower on Tuesday after hotter-than-expected inflation data pushed back market expectations on the timing of the Federal Reserve¿¿¿s first rate cut this year, sending Treasury yields higher.

Zacks Investment Ideas feature highlights: Cadence Design, Shopify and Airbnb

Cadence Design, Shopify and Airbnb have been highlighted in this Investment Ideas article.

Bryan Hayes headshot

Earnings Leaders and Laggards: This AI Stock Dives on Q4 Results

Earnings continue to be the focus heading into Tuesday's session along with this morning's key inflation report.

Trimble (TRMB) Q4 Earnings Beat Estimates, Revenues Up Y/Y

Trimble's (TRMB) fourth-quarter 2023 results benefit from solid momentum across the Buildings and Infrastructure, and Transportation segments.

Teradata (TDC) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Teradata's (TDC) fourth-quarter 2023 results indicate stronger growth in recurring revenues, with cloud revenues making significant contributions.

IPG Photonics' (IPGP) Q4 Earnings Lag, Revenues Decrease Y/Y

IPG Photonics' (IPGP) Q4 results reflect lower revenues from cutting applications and unfavorable forex.

Shopify (SHOP) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Shopify (SHOP) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Shopify (SHOP) Tops Q4 Earnings and Revenue Estimates

Shopify (SHOP) delivered earnings and revenue surprises of 9.68% and 3.66%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Ideas feature highlights: Shopify, Zillow Group and Blackline

Shopify, Zillow Group and Blackline have been highlighted in this Investment Ideas article.

Mayur Thaker headshot

Soft Landing Thesis In Focus This Week as January CPI Looms

market looks to sustain its 'soft-landing' thesis with tomorrow's cpi report. they may get it from the core cpi readout.

Panel Of Zacks Experts headshot

Top Stock Picks for Week of February 12, 2024

A Broad-Based Tech Stock with Projected Earnings Growth and a Tech Stock Outperforming its Peers.

Shaun Pruitt headshot

3 Highly Ranked Tech Stocks to Watch as Earnings Approach

Reporting their fourth-quarter results on Tuesday, February 13, here are three highly ranked tech stocks that investors will want to keep an eye on.

Shopify's (SHOP) Q4 Earnings to Gain From Strong Merchant Base

Shopify's (SHOP) fourth-quarter 2023 performance is expected to have benefited from the expanding merchant base.

Applied Materials (AMAT) to Post Q1 Earnings: What's in Store?

Applied Materials' (AMAT) first-quarter fiscal 2024 earnings are likely to reflect strength across AGS, and Display and Adjacent Markets segments.

Airbnb (ABNB) to Report Q4 Earnings: What's in the Cards?

Airbnb's (ABNB) fourth-quarter results are likely to reflect growing momentum across Nights and Experiences booked amid macroeconomic challenges.

GlobalFoundries (GFS) to Report Q4 Earnings: What's in the Offing?

GlobalFoundries (GFS) fourth-quarter 2023 results are likely to reflect strength across automotive and IoT end markets. However, weakness in communications infrastructure and data center markets is a concern.

Factors to Note Ahead of Generac's (GNRC) Q4 Earnings Release

Generac's (GNRC) fourth-quarter performance is likely to have benefited from continued strength in the C&I product shipments.

Is Shopify (SHOP) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Shopify (SHOP) and AppFolio (APPF) have performed compared to their sector so far this year.

How to Find Strong Computer and Technology Stocks Slated for Positive Earnings Surprises

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

H&R Block and Douglas Dynamics have been highlighted as Zacks Bull and Bear of the Day

H&R Block and Douglas Dynamics have been highlighted as Zacks Bull and Bear of the Day.

Factors Setting the Tone for Upwork's (UPWK) Q4 Earnings

Upwork's (UPWK) Q4 performance is expected to benefit from increased spending from existing customers and an uptick in new clients' roster.