SHOP - Shopify Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
319.69
+15.48 (+5.09%)
As of 1:51PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close304.21
Open305.51
Bid319.84 x 800
Ask320.29 x 1100
Day's Range302.40 - 320.67
52 Week Range117.64 - 320.67
Volume1,510,983
Avg. Volume1,803,770
Market Cap35.887B
Beta (3Y Monthly)1.52
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Bloomberg1 hour ago

    Shopify Is Setting Up Fulfillment Network in U.S., Just Like Amazon

    (Bloomberg) -- Shopify Inc. plans to spend $1 billion to set up a network of fulfillment centers in the U.S. to help merchants using its e-commerce platform deliver products more quickly and cheaply, much the way Amazon.com Inc. does.“A large number of orders are lost in the final stages due to complex shipping costs,” Craig Miller, Shopify’s chief product officer, said at the company’s annual developer conference in Toronto. The service will use machine learning to predict demand and suggest closest fulfillment centers to merchants.The Ottawa-based company unveiled the plan, along with new features such as video and 3D modeling for products, the ability edit orders and a better user interface. It also added 11 new language capabilities and rolled out a multi currency payments system to all merchants. It’s planning a new point of sale system for later this year.Its shares jumped 4% to a record $316.22 at 12:25 p.m. in New York.Shopify processes millions of individual sales by hundreds of thousands of merchants every year. The company could potentially pool shipments from different online stores together, making shipping cheaper and more efficient. Storing products from different merchants in centralized warehouses would also bring down costs for sellers and buyers alike, and net Shopify another revenue stream.That could help the company mount a defense against Amazon, which ruthlessly lowers prices and encourages merchants to use its own warehouses and shipping tools.The online platform, which celebrity Kylie Jenner uses to sell cosmetics, is the top-performing stock in Canada this year. It’s also outperformed any stock in the S&P 500 over that time, other software services companies such as Square Inc. and Amazon.com Inc.The company has been rallying after reporting strong first quarter earnings, forecasts for second quarter revenue that were above expectations and pushing plans to expand internationally. Shopify posted its first annual revenue above $1 billion in 2018. The company is rated a buy by 18 analysts, a hold by 8 and a sell by two, according to ratings compiled by Bloomberg.But Facebook’s addition of features on its Instagram app that allows consumers to pay for items without leaving the social platform, could steal market share from Shopify, which currently provides that service.Increasing competition has helped fuel short sellers such as Citron Research, which has also voiced concern in the past about Shopify’s merchant volume and churn among small sellers.\--With assistance from Gerrit De Vynck.To contact the reporters on this story: Simran Jagdev in Toronto at sjagdev1@bloomberg.net;Paula Sambo in Toronto at psambo@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, ;Jacqueline Thorpe at jthorpe23@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Shopify (SHOP) Stock Sinks As Market Gains: What You Should Know
    Zacks20 hours ago

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

    Shopify (SHOP) closed at $304.25 in the latest trading session, marking a -0.52% move from the prior day.

  • Snap Brings Shopify-Powered Stores to Snapchat
    Market Realistyesterday

    Snap Brings Shopify-Powered Stores to Snapchat

    Snap (SNAP) has partnered with Shopify (SHOP) to allow certain accounts to set up retail stores in its Snapchat app. The Shopify-powered Snapchat stores feature has initially rolled out to certain Snapchat influencer accounts, but there are plans to roll it out to creators, publishers, and brands later this year.

  • 2 Top Stocks for Millennial Investors
    The Motley Foolyesterday

    2 Top Stocks for Millennial Investors

    With red-hot growth and a strong millennial customer base, stocks like Lululemon Athletica Inc (NASDAQ:LULU) may be perfect for millennial investors.

  • Why Shopify (TSX:SHOP) Could Be 2019’s Stock Of the Year
    The Motley Fool2 days ago

    Why Shopify (TSX:SHOP) Could Be 2019’s Stock Of the Year

    In 2019, Shopify Inc (TSX:SHOP)(NYSE:SHOP) has been among the best-performing TSX stocks

  • Morningstar5 days ago

    7 U.S. stocks to avoid

    We suggest that investors avoid richly priced, high-uncertainty names, says Morningstar.com's director of content, Susan Dziubinski

  • Forget Shopify (TSX:SHOP): This Growth Stock Has Much More Potential
    The Motley Fool6 days ago

    Forget Shopify (TSX:SHOP): This Growth Stock Has Much More Potential

    At over $400, Shopify Inc (TSX:SHOP)(NYSE:SHOP) just isn't as attractive a buy as it once was, and growth investors might be better off looking at this stock instead.

  • What Are the 3 Largest Canadian Technology Stocks?
    The Motley Fool6 days ago

    What Are the 3 Largest Canadian Technology Stocks?

    Look to the three largest Canadian tech stocks, including Shopify Inc (TSX:SHOP)(NYSE:SHOP), for exposure to technology in Canada.

  • Shopify Inc.'s (NYSE:SHOP) Shift From Loss To Profit
    Simply Wall St.6 days ago

    Shopify Inc.'s (NYSE:SHOP) Shift From Loss To Profit

    Shopify Inc.'s (NYSE:SHOP): Shopify Inc. provides a cloud-based multi-channel commerce platform for small and...

  • Shopify COO: The future of retail is not just online
    Yahoo Finance7 days ago

    Shopify COO: The future of retail is not just online

    E-commerce platform Shopify has long been the enemy of traditional retail. But, Shopify COO Harley Finkelstein says brick-and-mortar stores still have a place in retail, and that Shopify incorporates them into their business model.

  • Shopify (SHOP) Gains As Market Dips: What You Should Know
    Zacks7 days ago

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

    Shopify (SHOP) closed the most recent trading day at $310.05, moving +1.09% from the previous trading session.

  • Why Shopify (TSX:SHOP) Stock Is Unstoppable
    The Motley Fool7 days ago

    Why Shopify (TSX:SHOP) Stock Is Unstoppable

    Why Shopify Inc. (TSX:SHOP)(NYSE:SHOP) stock keeps making new highs.

  • 3 Top Growth Stocks to Buy Right Now
    Motley Fool7 days ago

    3 Top Growth Stocks to Buy Right Now

    Uber, Palo Alto Networks, and Shopify should be on investors' must-have list.

  • Is Shopify (TSX:SHOP) Stock Still a Buy?
    The Motley Fool7 days ago

    Is Shopify (TSX:SHOP) Stock Still a Buy?

    Shopify Inc (TSX:SHOP)(NYSE:SHOP) is a million-maker stock, but the equation is getting tougher to crunch. Is it too late for you to capitalize off this once-in-a-lifetime opportunity?

  • TFSA Investors: Here’s How to Quickly Double Your $6000 Contribution
    The Motley Fool7 days ago

    TFSA Investors: Here’s How to Quickly Double Your $6000 Contribution

    With high-growth stocks like Shopify Inc (TSX:SHOP)(NYSE:SHOP) you can quickly double the value of a $6000 TFSA contribution

  • New Investors: These Retail Tech Stocks Could Make You Rich
    The Motley Fool8 days ago

    New Investors: These Retail Tech Stocks Could Make You Rich

    Could Lightspeed POS Inc. (TSX:LSPD) steal the Canadian tech stock crown? Let's compare it with that other big-name e-commerce ticker.

  • 3 Stocks to Sell in June
    The Motley Fool9 days ago

    3 Stocks to Sell in June

    Knowing which stocks to sell is just as important as knowing which to buy. Be careful if you own Laurentian Bank of Canada (TSX:LB), Park Lawn Corp (TSX:PLC), or Shopify Inc (TSX:SHOP)(NYSE:SHOP).

  • 3 Popular Stocks Hitting New 3-Month Highs
    The Motley Fool9 days ago

    3 Popular Stocks Hitting New 3-Month Highs

    Tired of declines? This trio of momentum stocks, including BCE Inc. (TSX:BCE)(NYSE:BCE), might have the rocket fuel you need.

  • Baystreet9 days ago

    Shopify, CP at 52-Week Highs

    Shopify Inc. (T.SHOP) hit a new 52-week high of $411.01 Monday. No news announcements today. Canadian ...