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Shopify (SHOP)

(Delayed Data from NYSE)

$62.69 USD

62.69
9,078,232

-0.47 (-0.74%)

Updated Jul 22, 2024 04:00 PM ET

After-Market: $62.59 -0.10 (-0.16%) 6:30 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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 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

Top 32% (80 out of 250)

Industry: Internet - Services

Better trading starts here.

Zacks News

Block (SQ) Boosts Reach to Canada With Tap to Pay on Android

Block (SQ) launches Tap to Pay on Android for sellers in Canada, which is likely to boost its presence in the contactless payment space.

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

Shopify (SHOP) closed at $53.58 in the latest trading session, marking a +0.94% move from the prior day.

Do Options Traders Know Something About Shopify (SHOP) Stock We Don't?

Investors need to pay close attention to Shopify (SHOP) stock based on the movements in the options market lately.

Tracey Ryniec headshot

Are Stocks in a Secular Bull or Bear Market Right Now?

Strategies and tips on how to invest for either market scenario.

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

Shopify (SHOP) closed the most recent trading day at $58.33, moving -1.97% from the previous trading session.

Amazon (AMZN) Boosts Focus on Sellers With Generative AI Tools

Amazon (AMZN) unveils generative AI-powered tools for sellers that help in generating product descriptions seamlessly.

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

Recently, Zacks.com users have been paying close attention to Shopify (SHOP). This makes it worthwhile to examine what the stock has in store.

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

In the latest trading session, Shopify (SHOP) closed at $62.62, marking a -0.49% move from the previous day.

New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: Shopify, Novo Nordisk, Amgen in Focus

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

EBAY Integrates AI Into Its Marketplace With a New Tool

EBAY rolls out a new AI tool for product listing to enable a seamless listing process for first-time sellers.

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

Shopify (SHOP) closed the most recent trading day at $64.78, moving -1.58% from the previous trading session.

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

Sanghamitra Saha headshot

Amazon ETFs in Focus After Longest Monthly Winning Streak Since 2011

Amazon has recorded six successive months of stock price gains, marking its lengthiest run of monthly growth since July 2011, as quoted on Yahoo Finance. Can the stock and its ETFs soar higher?

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

Shopify (SHOP) closed at $66.71 in the latest trading session, marking a +0.33% move from the prior day.

Amazon (AMZN) Integrates Buy With Prime Into Shopify Stores

Amazon (AMZN) introduces the Buy with Prime app for Shopify, which lets Prime members avail Prime benefits while shopping from Shopify stores or merchants.

Shopify (SHOP) Up 12.6% Since Last Earnings Report: Can It Continue?

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

Shopify (SHOP) Integrates Solana Pay to Improve Web3 Payments

Shopify (SHOP) announces its integration with Solana Pay to improve payment operations and enhance user experience. This reflects on a strong product portfolio and partner base.

Here is What to Know Beyond Why Shopify Inc. (SHOP) is a Trending Stock

Recently, Zacks.com users have been paying close attention to Shopify (SHOP). This makes it worthwhile to examine what the stock has in store.

Santanu Roy  headshot

Beat the Market the Zacks Way: Caterpillar, Amgen, Broadridge Financial Solutions in Focus

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.

Ritujay Ghosh headshot

4 Cryptocurrency Stocks to Watch as Market Volatility Lingers

More rate hikes could adversely impact the crypto market. Investors should thus adopt a buy-on-the-dip strategy for stocks like Shopify (SHOP), NVIDIA (NVDA), HIVE Blockchain Technologies. (HIVE) and Coinbase Global (COIN).

The Zacks Analyst Blog Highlights Visa, Novo Nordisk, Medtronic, Shopify and Colgate-Palmolive

Visa, Novo Nordisk, Medtronic, Shopify and Colgate-Palmolive are included in this Analyst Blog.

Sheraz Mian headshot

Top Stock Reports for Visa, Novo Nordisk & Medtronic

Today's Research Daily features new research reports on 12 major stocks, including Visa Inc. (V), Novo Nordisk A/S (NVO) and Medtronic plc (MDT).

Implied Volatility Surging for Shopify (SHOP) Stock Options

Investors need to pay close attention to Shopify (SHOP) stock based on the movements in the options market lately.

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

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.