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Shopify (SHOP)

(Delayed Data from NYSE)

$66.06 USD

66.06
6,759,349

+1.43 (2.21%)

Updated Jul 2, 2024 04:00 PM ET

After-Market: $66.01 -0.05 (-0.08%) 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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

D 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

Bottom 31% (172 out of 249)

Industry: Internet - Services

Better trading starts here.

Zacks News

Cognizant (CTSH), TDECU Team Up for AI-Driven Transformation

Cognizant (CTSH) partners with TDECU to boost efficiency and member experience through AI-driven transformation, aiming for accelerated growth and enhanced productivity.

Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It

Zacks.com users have recently been watching Shopify (SHOP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Shopify (SHOP) Rises Higher Than Market: Key Facts

The latest trading day saw Shopify (SHOP) settling at $65.45, representing a +1.03% change from its previous close.

Shaun Pruitt headshot

Time to Buy Shopify or Target's Stock After Partnership Announcement?

In a bid to bolster its online sales and further compete with fellow omnichannel giant Walmart (WMT) and Amazon (AMZN), Target (TGT) announced a partnership with Shopify (SHOP) on Monday to enhance its e-commerce marketplace.

Shopify (SHOP) Boasts Earnings & Price Momentum: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.

Shopify (SHOP) Dips More Than Broader Market: What You Should Know

In the closing of the recent trading day, Shopify (SHOP) stood at $63.88, denoting a -0.58% change from the preceding trading day.

Sohu.com (SOHU) Up 8.3% 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.

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

Here's Why Shopify (SHOP) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Shopify (SHOP) Stock Declines While Market Improves: Some Information for Investors

In the closing of the recent trading day, Shopify (SHOP) stood at $64.69, denoting a -1.19% change from the preceding trading day.

Cognizant (CTSH) Rides on Expanding Clientele, Partner Base

Cognizant (CTSH) transforms enterprise digital experience with Nexthink, delivering seamless workplace intelligence for enhanced productivity.

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

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.

Shopify (SHOP) Down 1.6% Since Last Earnings Report: Can It Rebound?

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

eBay (EBAY) Gains From E-commerce Strength With Generative AI

eBay's (EBAY) strengthening generative AI-backed offerings position it well to capitalize on e-commerce prospects.

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.

Wall Street Bulls Look Optimistic About Shopify (SHOP): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Shopify (SHOP). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Zacks Value Trader Highlights: Apple, Starbucks, The Walt Disney, Shopify and Tesla

Apple, Starbucks, The Walt Disney, Shopify and Tesla are part of the Zacks Value Trader article.

Tracey Ryniec headshot

Long-Term Stock Investors: When Do You Sell?

It's easy to buy, and even easy to hold, but when do you sell a stock that you've held for years?

Is Trending Stock Shopify Inc. (SHOP) a Buy Now?

Zacks.com users have recently been watching Shopify (SHOP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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

Zacks.com users have recently been watching Shopify (SHOP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Shopify (SHOP) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Shopify's (SHOP) first-quarter 2024 results benefit from growth in merchant solutions revenues and an expanding merchant base.

Sanghamitra Saha headshot

Shopify Slumps on Downbeat Q2 Outlook: ETFs in Focus

The cloud-based, multi-channel commerce platform Shopify (SHOP) slumped about 18.6% on May 8 on downbeat outlook.

Tracey Ryniec headshot

5 Critical Earnings Charts for This Week

These are the 5 must-see earnings charts for this week.

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

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Compared to Estimates, Shopify (SHOP) Q1 Earnings: A Look at Key Metrics

Although the revenue and EPS for Shopify (SHOP) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.