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Shopify (SHOP)

(Delayed Data from NYSE)

$78.99 USD

78.99
6,189,559

+0.78 (1.00%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $78.96 -0.03 (-0.04%) 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

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1-Strong Buy of 5 1        

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 B Growth C Momentum D 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 28% (70 out of 250)

Industry: Internet - Services

Better trading starts here.

Zacks News

Trimble (TRMB) Q4 Earnings Beat Estimates, Revenues Up Y/Y

Trimble's (TRMB) fourth-quarter 2023 results benefit from solid momentum across the Buildings and Infrastructure, and Transportation segments.

Teradata (TDC) Q4 Earnings Beat Estimates, Revenues Rise Y/Y

Teradata's (TDC) fourth-quarter 2023 results indicate stronger growth in recurring revenues, with cloud revenues making significant contributions.

IPG Photonics' (IPGP) Q4 Earnings Lag, Revenues Decrease Y/Y

IPG Photonics' (IPGP) Q4 results reflect lower revenues from cutting applications and unfavorable forex.

Shopify (SHOP) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Shopify (SHOP) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Shopify (SHOP) Tops Q4 Earnings and Revenue Estimates

Shopify (SHOP) delivered earnings and revenue surprises of 9.68% and 3.66%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Ideas feature highlights: Shopify, Zillow Group and Blackline

Shopify, Zillow Group and Blackline have been highlighted in this Investment Ideas article.

Mayur Thaker headshot

Soft Landing Thesis In Focus This Week as January CPI Looms

market looks to sustain its 'soft-landing' thesis with tomorrow's cpi report. they may get it from the core cpi readout.

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Top Stock Picks for Week of February 12, 2024

A Broad-Based Tech Stock with Projected Earnings Growth and a Tech Stock Outperforming its Peers.

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3 Highly Ranked Tech Stocks to Watch as Earnings Approach

Reporting their fourth-quarter results on Tuesday, February 13, here are three highly ranked tech stocks that investors will want to keep an eye on.

Shopify's (SHOP) Q4 Earnings to Gain From Strong Merchant Base

Shopify's (SHOP) fourth-quarter 2023 performance is expected to have benefited from the expanding merchant base.

Applied Materials (AMAT) to Post Q1 Earnings: What's in Store?

Applied Materials' (AMAT) first-quarter fiscal 2024 earnings are likely to reflect strength across AGS, and Display and Adjacent Markets segments.

Airbnb (ABNB) to Report Q4 Earnings: What's in the Cards?

Airbnb's (ABNB) fourth-quarter results are likely to reflect growing momentum across Nights and Experiences booked amid macroeconomic challenges.

GlobalFoundries (GFS) to Report Q4 Earnings: What's in the Offing?

GlobalFoundries (GFS) fourth-quarter 2023 results are likely to reflect strength across automotive and IoT end markets. However, weakness in communications infrastructure and data center markets is a concern.

Factors to Note Ahead of Generac's (GNRC) Q4 Earnings Release

Generac's (GNRC) fourth-quarter performance is likely to have benefited from continued strength in the C&I product shipments.

Is Shopify (SHOP) Stock Outpacing Its Computer and Technology Peers This Year?

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

How to Find Strong Computer and Technology Stocks Slated for Positive Earnings Surprises

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

H&R Block and Douglas Dynamics have been highlighted as Zacks Bull and Bear of the Day

H&R Block and Douglas Dynamics have been highlighted as Zacks Bull and Bear of the Day.

Factors Setting the Tone for Upwork's (UPWK) Q4 Earnings

Upwork's (UPWK) Q4 performance is expected to benefit from increased spending from existing customers and an uptick in new clients' roster.

Zacks Investment Ideas feature highlights: Arista Networks, Cadence Design, Shopify and Nvidia

Arista Networks, Cadence Design, Shopify and Nvidia have been highlighted in this Investment Ideas article.

Lattice (LSCC) to Report Q4 Earnings: What's in the Offing?

Lattice's (LSCC) fourth-quarter 2023 results are likely to reflect strength across industrial, automotive and computing end markets.

BlackLine (BL) to Report Q4 Earnings: What's in the Cards?

BlackLine's (BL) fourth-quarter 2023 results are likely to reflect gains from portfolio expansion through acquisitions, expanding customer base, and partnerships with industry giants.

Watts Water (WTS) Q4 Earnings Coming Up: What to Expect

Watts Water's (WTS) fourth-quarter performance is likely to have benefited from continued investment in smart and connected products amid prevailing macroeconomic uncertainty.

Cisco (CSCO) to Report Q2 Earnings: Key Factors to Consider

Cisco's (CSCO) second-quarter fiscal 2024 performance is likely to have reflected solid demand for its diversified portfolio and acquisitions amid challenging macroeconomic conditions.

BILL Holdings (BILL) Q2 Earnings Top Estimates, Revenues Up Y/Y

BILL Holdings' (BILL) second-quarter fiscal 2024 results reflect solid growth in total payment volume and expanding clientele.

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3 Top Tech Stocks to Buy Now Outside of the Magnificent 7

There are plenty of big tech names outside of this exclusive group for investors to consider buying this earnings season, including the three highly-ranked tech stocks we explore today: Arista Networks (ANET), Cadence Design Systems (CDNS), and Shopify (SHOP)