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Shopify (SHOP)

(Real Time Quote from BATS)

$69.61 USD

69.61
3,443,699

-0.59 (-0.84%)

Updated May 1, 2024 12:58 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

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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 11% (27 out of 251)

Industry: Internet - Services

Better trading starts here.

Zacks News

ServiceNow (NOW) Q4 Earnings Beat Estimates, Revenues Up Y/Y

ServiceNow's (NOW) fourth-quarter 2023 results reflect strong uptake of the company's digital workflow and growing demand for generative AI solutions.

TE Connectivity (TEL) Q1 Earnings Beat Estimates, Sales Fall Y/Y

TE Connectivity's (TEL) fiscal first-quarter results benefit from the strong performance of the Transportation segment and margin expansion.

Bilibili (BILI) Surges 9.1%: Is This an Indication of Further Gains?

Bilibili (BILI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Why Shopify (SHOP) Outpaced the Stock Market Today

In the latest trading session, Shopify (SHOP) closed at $81.14, marking a +1.1% move from the previous day.

Manhattan's (MANH) New Dashboard Launch to Aid Retailers

Manhattan (MANH) launches a new dashboard for retailers to assess their overall performance.

Why This 1 Computer and Technology Stock Could Be a Great Addition to Your Portfolio

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.

Will Shopify (SHOP) Beat Estimates Again in Its Next Earnings Report?

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.

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

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.

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Take the Zacks Approach to Beat the Market: Annexon, NVIDIA, Intuit in Focus

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3 High-Octane Momentum Stocks to Watch Next Week

The S&P 500 broke out above 4,800 to new all time highs

Zacks Industry Outlook Highlights Shopify, Upwork and Uber

Shopify, Upwork and Uber have been highlighted in this Industry Outlook article.

Shopify (SHOP) Falls More Steeply Than Broader Market: What Investors Need to Know

Shopify (SHOP) reachead $80.32 at the closing of the latest trading day, reflecting a -1.23% change compared to its last close.

Derek Lewis headshot

3 Beaten-Down Buy-Rated Stocks Worth Another Look

Stocks often lose popularity after melting higher and then reversing, with investors seeking the next big trade. However, these three shouldn't be overlooked.

The Zacks Analyst Blog Highlights Meta Platforms, Shopify and MercadoLibre

Meta Platforms, Shopify and MercadoLibre are included in this Analyst Blog.

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Surf's Up in Davos: Global Week Ahead

Central bankers, financiers and business leaders will discuss a challenging global economic picture, shifting monetary policy and rising debt levels.

Manhattan Associates (MANH), Shopify Partner to Aid Retailers

Manhattan Associates (MANH) and Shopify team up to help retailers deliver better shopping experiences.

Alphabet (GOOGL) Boosts Focus on Retailers With New AI Tools

Alphabet's (GOOGL) Google unveils generative AI solutions for retailers to help them deliver better shopping experiences to their customers.

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

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.

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

In the latest trading session, Shopify (SHOP) closed at $81.30, marking a +0.25% move from the previous day.

Amazon (AMZN) Teams Up With Salesforce to Boost Prime Momentum

Amazon (AMZN) partners with Salesforce to integrate Buy with Prime into the latter's Commerce Cloud platform.

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.

This Top Computer and Technology Stock is a #1 (Strong Buy): Why It Should Be on Your Radar

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

Upwork (UPWK) Moves 11.5% Higher: Will This Strength Last?

Upwork (UPWK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: Boeing, McDonald's, Monster Beverage in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

Shopify (SHOP) Exceeds Market Returns: Some Facts to Consider

Shopify (SHOP) reachead $74.51 at the closing of the latest trading day, reflecting a +1.48% change compared to its last close.