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Shopify (SHOP)

(Real Time Quote from BATS)

$70.80 USD

70.80
2,080,235

+1.39 (2.00%)

Updated Apr 18, 2024 11:22 AM 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 Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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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 D 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 21% (53 out of 251)

Industry: Internet - Services

Better trading starts here.

Zacks News

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3 Top Tech Stocks to Buy Now Outside of the Magnificent 7

There are plenty of big tech names outside of this exclusive group for investors to consider buying this earnings season, including the three highly-ranked tech stocks we explore today: Arista Networks (ANET), Cadence Design Systems (CDNS), and Shopify (SHOP)

Will Top-Line Expansion Boost Akamai's (AKAM) Q4 Earnings?

Akamai (AKAM) will likely record revenue growth year over year in the fourth quarter, driven by strong momentum in the security and compute verticals.

Will Solid Top-Line Improvement Aid Arista's (ANET) Q4 Earnings?

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FormFactor's (FORM) fourth-quarter 2023 results benefit from robust demand for probe cards with increased revenues in the DRAM, Foundry & Logic segments.

Shopify (SHOP) to Report Q4 Earnings: What's in the Cards?

Shopify's (SHOP) fourth-quarter 2023 performance is expected to have benefited from the growing adoption of merchant-friendly solutions despite the challenging macro environment.

IPG Photonics (IPGP) to Post Q4 Earnings: What's in the Cards?

IPG Photonics' (IPGP) fourth-quarter 2023 results are likely to suffer from weakness in cutting and marking applications.

Shopify (SHOP) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Shopify (SHOP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

What to Expect Ahead of Cadence's (CDNS) Q4 Earnings Release?

Cadence's (CDNS) fourth-quarter performance is likely to have benefited from continued strength across all segments, driven by higher customer demand.

Advanced Energy (AEIS) Q4 Earnings Beat, Revenues Fall Y/Y

Advanced Energy's (AEIS) fourth-quarter results reflect weakness across Industrial & Medical and Data Center Computing end-markets.

Cognizant (CTSH) Q4 Earnings Beat Estimates, Revenues Down Y/Y

Cognizant's (CTSH) fourth-quarter 2023 results suffer from a challenging macroeconomic environment, cautious clients and limited discretionary spending.

Dynatrace (DT) to Report Q3 Earnings: What's in the Cards?

Dynatrace's (DT) fiscal third-quarter 2024 performance is likely to have benefited from the robust adoption of its observability solutions, expansion of clientele and product portfolio.

Carrier (CARR) Q4 Earnings Beat Estimates, Revenues in Line

Carrier's (CARR) fourth-quarter results reflect strength in the Refrigeration segment.

Shopify (SHOP) Reports Next Week: Wall Street Expects Earnings Growth

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.

Factors to Note Ahead of VeriSign's (VRSN) Q4 Earnings Release

VeriSign's (VRSN) fourth-quarter performance is expected to have benefited from continued healthy growth across .com and .net domain name registrations.

Shopify (SHOP) Registers a Bigger Fall Than the Market: Important Facts to Note

In the closing of the recent trading day, Shopify (SHOP) stood at $81.40, denoting a -1.84% change from the preceding trading day.

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This AI-Powered Robotics Company that is Changing E-Commerce Reports Earnings Today

Symbotic is fundamentally moving the warehouse management and supply chain industries into the future

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onsemi's (ON) fourth-quarter 2023 performance reflects strong demand for Power solutions and automotive products.

What You Should Know Ahead of CDW's Q4 Earnings Release

CDW's fourth-quarter performance is expected to have benefited from solid momentum across cloud, NetComm and storage.

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Key Factors to Note Ahead of Axcelis' (ACLS) Q4 Earnings

Axcelis' (ACLS) fourth-quarter performance is likely to have benefited from its leading position in the expanding power device market.

The Zacks Analyst Blog Highlights Eli Lilly, Danaher, Citigroup, Shopify and Canadian Pacific Kansas

Eli Lilly, Danaher, Citigroup, Shopify and Canadian Pacific Kansas are included in this Analyst Blog.