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Shopify (SHOP)

(Delayed Data from NYSE)

$74.46 USD

74.46
7,342,341

+2.46 (3.42%)

Updated May 3, 2024 04:00 PM ET

After-Market: $74.50 +0.04 (0.05%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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

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 16% (40 out of 252)

Industry: Internet - Services

Better trading starts here.

Zacks News

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Take the Zacks Approach to Beat the Market: Shopify, Fastenal, Block 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.

New Strong Buy Stocks for December 18th

ACR, PLAB, RYI, SHOP and TGB have been added to the Zacks Rank #1 (Strong Buy) List on December 18, 2023.

Sohu.com (SOHU) Up 0.6% Since Last Earnings Report: Can It Continue?

Sohu.com (SOHU) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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

Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Abhinab Dasgupta headshot

Beat the Market the Zacks Way: Shopify, Lululemon, Telos in Focus

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.

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

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.

Zacks Market Edge Highlights: SHOP, TWLO, PYPL, PFE and PINS

SHOP, TWLO, PYPL, PFE and PINS have been highlighted in this Market Edge article.

Tracey Ryniec headshot

Loser Stocks: Buy More, Hold or Sell?

Did you buy at the pandemic highs and now your stock is in the red? What to do now.

Zacks Investment Ideas feature highlights: Shopify, PDD, Alibaba, JD.com and MercadoLibre

Shopify, PDD, Alibaba, JD.com and MercadoLibre have been highlighted in this Investment Ideas article.

Stock Market News for Nov 28, 2023

U.S. stocks ended marginally lower on Monday, with investors taking a pause after major indexes recorded four straight weeks of gains as they awaited a busy week of economic data.

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

Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Andrew Rocco headshot

5 Tips to Avoid "Dead $" Stocks

Owning a "dead money" stock can frustrate investors as these stocks often plateau and fail to regain their previous highs. Andrew Rocco discusses the importance of ongoing evaluation of investment choices to avoid being stuck with sideways moving stocks.

Pre-Market Futures Taking a Breather on Cyber Monday

Pre-Market Futures Taking a Breather on Cyber Monday

Mark Vickery headshot

Cyber Monday and an Outlook to PCE This Week

"Cyber Monday" and other retail lines are blurred these days, with e-commerce playing an ever more significant part in even big-box retailers' revenues throughout the shopping cycle.

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

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.

Derek Lewis headshot

Revisiting Pandemic Winners: Any Juice Left?

The pandemic was an interesting period in the market, to say the least, and those who targeted the stay-at-home stocks were rewarded handsomely with considerable gains. How do they look now?

Amazon (AMZN) Boosts Online Car Sales Reach With Hyundai Deal

Amazon (AMZN) collaborates with Hyundai to offer online sales of Hyundai vehicles in 2024 with a built-in Alexa experience.

Abhinab Dasgupta headshot

Beat the Market the Zacks Way: Uber, American Tower, Intuit 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 Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It

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

Amazon (AMZN) Boosts Reach to Snap Users With Latest Deal

Amazon (AMZN) collaborates with Snap to enable Snapchat users to make product purchases directly through promotions.

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.

Derek Lewis headshot

Buyers Swarmed These 3 Stocks Following Quarterly Results

We're on the tail end of earnings season now, with the majority of notable companies already revealing quarterly results. Throughout the period, investors have been met with many positive results, including those from these three companies.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: Shopify, American Eagle, Microsoft in Focus

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.

Has Shopify (SHOP) Outpaced Other Computer and Technology Stocks This Year?

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