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Shopify (SHOP)

(Real Time Quote from BATS)

$58.98 USD

58.98
7,865,979

+0.95 (1.64%)

Updated May 15, 2024 02:10 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 25% (63 out of 250)

Industry: Internet - Services

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Better trading starts here.

Zacks News

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Cyber Monday and an Outlook to PCE This Week

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"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

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Revisiting Pandemic Winners: Any Juice Left?

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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?

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

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Beat the Market the Zacks Way: Uber, American Tower, Intuit in Focus

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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

by Zacks Equity Research

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

by Zacks Equity Research

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

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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

by Derek Lewis

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

by Abhinab Dasgupta

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?

by Zacks Equity Research

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

Zacks Investment Ideas feature highlights: S&P 500 Index ETF, Nasdaq 100 Index ETF, Russell 2000 Index ETF, Pinterest and Shopify

by Zacks Equity Research

S&P 500 Index ETF, Nasdaq 100 Index ETF, Russell 2000 Index ETF, Pinterest and Shopify have been highlighted in this Investment Ideas article.

Andrew Rocco headshot

Strength is Revealed in Pullbacks: 3 Subtle Signs to Look For

by Andrew Rocco

Stock Strategist Andrew Rocco discusses three subtle indicators that are essential for assessing the market's strength during a pullback.

Zacks Investment Ideas feature highlights: S&P 500 Index ETF, Nasdaq 100 Index ETF, Russell 2000 Index ETF, Palantir and Shopify

by Zacks Equity Research

S&P 500 Index ETF, Nasdaq 100 Index ETF, Russell 2000 Index ETF, Palantir and Shopify have been highlighted in this Investment Ideas article.

Derek Lewis headshot

These 3 Stocks Popped Following Quarterly Results

by Derek Lewis

Given the positivity surrounding their results, their post-earnings momentum could easily continue.

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3 Rare Signals Indicate Bulls are Back in Control

by Andrew Rocco

Stocks took off last week after the FOMC and earnings. Can bulls sustain the momentum?

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

by Zacks Equity Research

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.

Sanghamitra Saha headshot

Best Leveraged ETFs of Wall Street's Best Week of 2023

by Sanghamitra Saha

Wall Street logged the best weekly performance of 2023 last week.

Sanghamitra Saha headshot

ETFs to Tap as Shopify Pops 22% on Stellar Earnings & Rosy Forecast

by Sanghamitra Saha

Shopify delivered a surprising third-quarter financial performance, surpassing analysts' expectations on both the top and bottom lines. SHOP stock jumped on four times higher volume.

Shopify (SHOP) Q3 Earnings Beat Estimates, Revenues Up Y/Y

by Zacks Equity Research

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

Company News for Nov 03, 2023

by Zacks Equity Research

Companies In The Article: LLY, SBUX, SHOP, CYBR

Shopify (SHOP) Reports Q3 Earnings: What Key Metrics Have to Say

by Zacks Equity Research

The headline numbers for Shopify (SHOP) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Unveiling Shopify (SHOP) Q3 Outlook: Wall Street Estimates for Key Metrics

by Zacks Equity Research

Evaluate the expected performance of Shopify (SHOP) for the quarter ended September 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Shopify (SHOP) to Report Q3 Earnings: What's in the Cards?

by Zacks Equity Research

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

Uber Technologies (UBER) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

by Zacks Equity Research

Uber (UBER) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.