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Shopify Inc. (SHOP)

NYSE - NYSE Delayed Price. Currency in USD
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971.24-8.77 (-0.89%)
At close: 4:00PM EST

973.00 +1.76 (0.18%)
After hours: 7:13PM EST

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  • K
    Kenneth
    In the 3rd quarter of 2019 859,345 applications for new businesses took place. This year that number is 1,566,373 and growing. This will lead you to believe if the current business model includes on line e-commerce than this is excellent news for Shopify. Should rise Shopify e-commerce platform subscriptions and higher GMV (gross merchandise volume). That being said going into the Black Friday Cyber Monday sales volume is breaking hard early. This further confirms increase in subscriptions and gmv as I stated before.
  • M
    Monty
    What’s wrong with shop? Absolutely nothing. 1. As previously stated the second largest company in Canada only to RCB, Royal Canadian Bank at present and closing the gap quickly. 2. I am a long and a short, Did I bank a fortunate situation, yes I did, I also reinvested significantly currently, I am flat

    Approximately 95% of shop reaction/conversation are shareholders, 5% antagonist or perusal. It’s difficult for some to understand why others don’t see or feel the same conviction/investments that we do.
  • r
    robert
    1 down day and people are already declaring this stock dead and investing in BIGC. Have you people paid attention to the run up it's had from 890 and the fact that BFCM is going to be record breaking for SHOP? You people have such short term views. Long term the picture is very bright for SHOP. If you think I'm going to sell my shares with a $90 cost basis and pay a massive capital gains tax you're talking to the wrong person. Unlike some people I believe in this company. It is literally one of the only ways small businesses can launch themselves and has a virtual monopoly. BIGC is lightyears behind SHOP and is not a real threat. Selling SHOP to buy BIGC is like selling CMG to buy Sonic, and I have a massive return in CMG as well as SHOP. You whiners and complainers are going to regret selling SHOP here for the rest of your lives. In a few years the $900s will be history for SHOP. SHOP is extremely undervalued right now, not overvalued the way shorts are using the PE to claim. Using PE to value a growth stock and justify a short position is like using gasoline to put out a fire. You will get burned even worse. Rant over. iF you can't take short term pain then give me your shares. I am buying all I can here.
  • M
    Monty
    To finish - I have continued to buy the dips to lower average share costs over the last 30 days; for me it was the right thing to do. I hear and feel the frustration, We all expected an increase specifically before Black Friday, which brings me back to buying shop long before Covid came along,As difficult a time it is to be patient ,it’s time to be patient with shop. I still believe shop is a buy between $900 -$1000 as I anticipate. Shop trading at $1,200 - $1,300 a share mid 2021. It’s not 200% but I’m good with 20% - 30%.
  • M
    Mayling
    Here's a link to a 23 minute podcast interview (June 2020) featuring Chris Cacioppo, co-founder and co-COO of 6RS talking about 6RS and its integration with Shopify. From listening to him, one gets a really clear sense of the beautiful alignment between the two organizations, even as 6R retains its autonomy.

    Chris's name is on about 20 patents, 11 of them with the 6 River bunch (Hamilton, Dubois etc). He's the tech guy. Five of the patents have been assigned to 6RS. I've said it before: Logistics is the new sexy, and AMR technology (Autonomous Mobile Robots) is a jewel. Here's a link to an overview of financial investment in the field in the past few years. You will have to copy and paste it: https://www.interactanalysis.com/investment-in-autonomous-mobile-robot-amr-companies-accelerates-as-market-set-for-next-phase-of-growth/

    There is second interview, with a principal of Gatik AI (self-driving delivery vans for middle-mile logistics). It might be of interest since Walmart inked a deal with them this summer...And, of course, Shopify partnered with Walmart, which is when SHOP price took off again in mid-June. Hard to believe that Gatik isn't on the Shop radar, since this is Tobi's new playground.

    https://www.therobotreport.com/the-robot-report-podcast-6-river-systems-gatik/
    6 River Systems joins The Robot Report Podcast to discuss the Shopify acquisition, and Gatik says Level 5 autonomous vehicles are at least 10-15 years out.
    6 River Systems joins The Robot Report Podcast to discuss the Shopify acquisition, and Gatik says Level 5 autonomous vehicles are at least 10-15 years out.
    www.therobotreport.com
  • z
    zulfiqar
    whats wrong with shop
  • r
    robert
    Relax folks SHOP just taking a breather. Novices read too much into one day with this stock. SHOP is irregular when it comes to the market, being up on down days and being down on a lot of up days. One day means nothing when it comes to this stock. Don’t panic longs.
  • r
    robert
    Once again SHOP tricks the bears, down to 966 at one point and now back to 979 and barely down. Shorts will continue to call for the end on days like today, I’ll keep buying the dips and adding to my profits.
  • M
    Moobyet
    And I had high hopes for this stock. Kind of disappointing.
  • W
    Waise
    We literally go through this motion every month. The dooms-dayers think it’s the end of the world and advise you to sell 🤡. This isn’t going to crash, it’ll only go up with minor breaks.
  • B
    Barrett
    Shopify has partnered with AliPay. In a statement, Shopify VP Kaz Nejatian said that the new integration would make it much easier for merchants to sell to customers in China, presenting "an enormous growth opportunity for our merchants." That, in turn, could translate into huge growth for Shopify.
  • U
    Umarvir
    With the lockdown in Toronto and everyone resorting to online shopping this stock is gonna fly so high in the next 3-5weeks
  • K
    Kenneth
    With an earnings estimate of 70.00 a share in earnings in 2030 here is something that Shopify stockholders might be interested in. Amazon currently is on track to do about one half of 70.00 in earnings per share and they are valued at one trillion five hundred billion market cap. Keeping that in mind if Shopify did 70.00 in earnings per share than you could look at this and say based upon the same evaluation on earnings that Shopify would be worth three trillion in market cap. So those wondering about the stock price going forward would only have to look at that by itself which would be a much higher stock price, In fact at the current market cap you could safely multiple the current stock price times nine to get to a trillion market cap. And by the way that article regarding the 70.00 in earnings has been posted here so everyone has seen it.
  • r
    robert
    SHOP has now virtually wiped out its loss of the day. Stay at home stocks should be bought on every vaccine dip. Today's selloff then rally is an example of how if you are going to be a short on this stock you only have a narrow window to cover what little gains you make every time there is a dip. Therefore it makes little sense to trade this. Stay at home stocks have proven to be consistent bear traps so far. The way to play these stocks is not to short but to buy the dips. I bought SHOP at 967 today and the stock is now almost 984. A couple weeks ago I bought at 890 and the stock went to 919 later that today, etc. It has made little sense to short SHOP for long term gains over the last 3 years and so far the past couple weeks have only confirmed that.
  • D
    David
    This is beyond huge: Shopify announcing a new partnership with Asia's digital wallet platform @Alipay this week. "We're ensuring that the merchants that use Shopify can also take advantage of global retail calendars to reach consumers beyond North America," says Shopify Pres. Harley Finkelstein.

    (If anyone reading doesn't know: Alipay's parent is Alibaba.)
  • M
    Mr
    CRAMER just said STAY LONG SHOP. Of course longs already knew that. 😎
  • M
    Mayling
    Logistics on the brain...Somebody mentioned that WS has mentioned fulfillment as a concern over the peak holiday season. Just as in previous years,it's only a problem for Shopify if it's a problem for everybody else too. Having said that, I though I would share this Oct update from 6Rs.
    They advise that the collaborative 6Rs Chuck picking system is now deployed in four countries, notably in the UK, in time for BFCM, and that this little nugget is the result of their ongoing relationship development.

    Says Dubois: "As increasingly more warehouse operators realize they don’t need to settle for the status quo – traditional automation that is inflexible, costly and lengthy to implement – we continue to grow our offerings and our customer base."

    https://6river.com/xpo-expands-collaborative-robots-to-scale-for-peak/
    XPO, the largest outsourced e-commerce fulfillment provider in Europe, increased its use of Chuck in the UK in anticipation of holiday retail volumes.
    XPO, the largest outsourced e-commerce fulfillment provider in Europe, increased its use of Chuck in the UK in anticipation of holiday retail volumes.
    6river.com
  • A
    Anonymous
    Traders still just don’t get it. The paradigm has shifted. Business had to adapt and those changes are going to be permanent. And Shopify is key to this shift. So keep selling the keystone and I’ll keep buying all the way to 5k in 3 years.
  • K
    Kenneth
    Shopify owns warrants on Affirm which is an IPO that could give Shopify up to 500M in profit as they exercise those warrants for a penny a piece. Shopify would own 5% of Affirm if they exercise all the warrants which would be 20,297,595 shares. This is a payment corporation that is founded by co-founder of Paypal.
  • K
    Kenneth
    Analyst Action: Wedbush Maintains 1300.00 PT on Shopify. Wedbush has kept it's Outperform rating after meeting with Shopify IR, Senior Manager Anna Raman, for investor meeting. Wedbush came away from the meeting believing that key Shopify initiatives are being underestimated by investors, particularly the importance of #$%$ but also long term SFN impact. Management noted that much of what were suppose to be in 2020 go to market initiatives for #$%$ has been pushed into 2021, which should drive upside to the #$%$ opportunity next year in our view. Wedbush estimates #$%$ in the mid-teens portion of Shopify's GMV. Wedbush also see's Shopify Plus as increasing better position to capture larger customers over time, which can keep overall GMV growth accelerated. New verticals like Food and Beverage can become more meaningful drivers of GMV while pricing and new products can drive strength into take rates.