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Shopify Inc. (SHOP)

NYSE - Nasdaq Real Time Price. Currency in USD
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1,582.28-61.04 (-3.71%)
At close: 4:00PM EDT
1,587.50 +5.22 (0.33%)
After hours: 07:59PM EDT
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  • K
    Kenneth
    Dow Jones News Wire at 1346 Hrs: CIBC states Shopify will achieve 46 percent revenue growth in the 2nd quarter.
  • T
    TJ
    Earnings report is only two days away. Let's have some fun estimating the top line revenue for Q2.

    My guess: $895M-$925M

    TJ
  • s
    schabel
    They had some interesting insights about SHOP on (http://newlife-stockalerts.tech). Definitely made me think twice about the company.
  • I
    Ivy
    After selling once on a 30% gain and watching the stock quickly bounce to new ATHs, I learned my lesson ... regret & how hard it is to time this beast. Since then, having patience with this stock and its volatile swings has been lucrative for me. Today’s dip after such a great run means nothing. Holding is the best strategy ... as well as adding more on dips.
  • A
    AndrewF
    Practically the only concern about SHOP that investors may not like when the company reports earnings on Wednesday is the spending they've engaged in to maintain a competitive edge against BIGC, which is likely to weigh on profitability this quarter. Other than that I expect merchant growth, user growth, and revenue growth all to handily top estimates, even as revenue growth begins to normalize with reopening. We'll see how it all plays out but as I've already said I will buying the selloff if there is one, because one quarter that fails to please the street in most case doesn't outweigh the long term story. I don't see BIGC as a significant threat to SHOP now or in the future if the stock price behavior of the two companies is any indication. BIGC has been largely stagnant while SHOP has risen 60 percent since May and even more than that since BIGC first became public. In addition, BIGC has failed to make a dent in SHOP's key metrics, such as margins. So overall I remain a bull on SHOP regardless of what happens on Wednesday.
  • C
    Chris
    Thanks to you all for your testimonies, it has helped me greatly I thought she was not real but I will now boldly testify ...her strategies is awesome
  • K
    Kenneth
    Another new investment for Shopify
    https://betakit.com/shopify-invests-in-us-based-loops-65-million-round/

    Shopify is among a group of investors in the recent financing round for United States based customer relations software company Loop.

    The American startup offers an exchange-first returns platform for Shopify brands. Shopify has partnered with Loop for a number of years in order to reduce the cost and difficulty with returns Santish Janwar, Shopify's Vice President of product and acceleration, called returns a huge part of ( and problem in) the shopping experience.

    "The notable increase in investments of late including putting capital into companies that support Shopify's merchant ecosystem, like Tapcart and Swyft this year alone. Shopify has also made investments in Pipe, Bench and Co-op commerce. The company has also taken stakes in Stripe and buy now pay later (BNPL) retail Fin Tech company Affirm, both companies Shopify partners with. Affirm went public earlier this year in a 1.2 billion initial public offering (IPO), giving Shopify nearly 2 billion windfall and Shopify's investment in Stripe is reported to be around 350 million.

    Shopify also recently acquired the team behind Primer, an Oakland based augmented reality home design app. The deal marked the first publicly announced acquisition acquired since it acquired three companies in 2019, across a span of six months.

    The accelerated investment and acquisition strategy comes as Shopify has seen notable growth in revenue, income and gross profit over the last year, bolstered by the shift to e-commerce. In the first quarter of this year, Shopify increased it's total revenue by 110 percent year over year, while gross profit was up 117 percent.

    The Shopify tidal wave of making investments and acquisitions seems to be accelerating and many of these investments could turn into 100 to 1000 bagger for Shopify!
  • C
    Chris
    The best part is we can continue climbing till earnings and if earnings are great there is absolutely no need for a correction this time around. $1800ish and if we break through that easily with good volume we are going to $2400. $1643 to $1800 is the easiest 10% you're ever going to make in your life.
  • j
    john
    This will come back 100 plus points after earnings report. It always does. I am holding till it reach 1700.
  • M
    Mr
    LONGS ARE NOT CONCERNED WITH PULLBACKS ON SHOP. Business as usual 😎
  • A
    Anonymous
    2016 - got in at ~40...didn’t sell (or buy) since. Let people say whatever...the fact remains that Shopify is an extremely well run company in an area of the economy with tremendous growth opportunity. Not selling my shares anytime soon! 1000 shares at 40 was 40k at the time...glad i made my investment
  • K
    Kenneth
    With Shopify running triple digits on gross profit and revenue I see Shopify going to 2300.00 by year end. Further evidence of the strength in this company is it's ability to hold institutions at a very high rate of investment into the shares outstanding on a percentage basis. Currently this number is 82.40% as of yesterday. Compare that number to the likes of Google, Amazon, Microsoft or others and Shopify is at the top. So as far as Shopify stock price is concerned this stock has a ways to run yet this year.
  • K
    Kenneth
    Earnings Whisper Showing 1.28 versus EST. .96 https://www.earningswhispers.com/stocks/shop
  • A
    AndrewF
    Earnings in 2 days. Buckle your seatbelts longs we could be in for a roller coaster ride. But no matter what happens everything should be ok. The simple fact Zacks is bullish on SHOP as of last week tells you they like SHOP’s earnings estimate revisions. They only change their stance based on that. The street’s reaction is impossible to predict but more than likely this will be a dip to buy should the reaction be negative.
  • A
    AndrewF
    Stocks in general are declining today due to virus and growth concerns. Apparently many people still question whether or not inflation is transitory and fear stagflation. As to the virus we are not going to have another economic shutdown. I’ll take a day of small declines after the massive run up in SHOP’s price last week. The real event for SHOP happens with earnings on Wednesday. Keep cool longs SHOP may not always go up but it continues to make higher highs and higher lows 😎
  • M
    Mr
    SHOP looking good, and the August 20th Calls continue to soar.

    ALSO, GOOG just upgraded to outperform w/$3350 pp target.

    Those GOOG July 30th and August 20th Calls still on discount ahead of next week’s earnings as well. 😎
  • J
    J
    For those who point out that Shopify is a $200bn company with $3bn in earnings: yes, those are two numbers in the raw math. But they miss the analytical point. The analytical point, sorry to those for whom this is teaching a grandmother to suck eggs, is that a PER is a ratio. It comprises two numbers, price and earnings. As earnings go up, arithmetically the PER goes down. Now, unlike, say, a utility company, whose earnings are pretty stable, Shopify’s earnings are growing, and can be expected to grow, very fast and very high.

    There are several reasons for this. One is a total addressable market of, possibly, $150 billion (45x times Shopify's $3.4 billion in current annual sales). Another related point is – and, in the nicest possible way, this is one sometimes forgottten by Americans – that 75% of the global economy is outside North America. Shopify has engaged with this 75% by making itself available in major world languages such as Spanish, Mandarin, French, German and Japanese. Meaning it can derive revenues from the huge markets that use those languages, and where it is just getting started. Another is its moat of apps, which would be hard and time-consuming to duplicate. All these factors, and more, are why the stock price is where it is: it incorporates the expectation that Shopify is turning into a kind of global operating system for e-commerce.

    So the earnings question is: how fast and how high? The shorts look at the arithmetic of the PER and say, aren’t the numbers ridiculous; the longs see owning Shopify as being like owning Microsoft back in the 1980s. Good luck to all.
  • G
    GFA
    We are truly seeing SHOP becoming a platform company right now. The last big platform company was MSFT (it still is), so given where SHOP currently is, in it's growth trajectory, I would think they are Microsoft circa early 1990s. The path to $1T valuation is very likely if revenue growth continues at 50%+ CAGR over the next 5 years at least.
  • j
    john
    How does it go down 1 day before earnings?
  • K
    Kenneth
    By the way those familiar with the "Rule of 40" here is some info for you. Merchant growth alone will be 39%. So if one is wondering about revenue growth rate and profitability margin they can stop worrying. As I have said before Shopify will be $2300.00 by year end.