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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%) 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

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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

Shopify (SHOP) Gains But Lags Market: What You Should Know

Shopify (SHOP) closed the most recent trading day at $68.68, moving +0.34% from the previous trading session.

Neena Mishra headshot

Cloud ETFs Poised to Benefit from Generative AI Boom

Cloud computing is essential for the development and deployment of AI

ASML Holding (ASML) to Post Q2 Earnings: What's in the Cards?

ASML Holding's (ASML) second-quarter results are likely to reflect benefits from strong momentum across EUV and DUV systems amid macroeconomic headwinds.

The Zacks Analyst Blog Highlights Broadcom, Intuit, Intuitive Surgical, Shopify and Intercontinental Exchange

Broadcom, Intuit, Intuitive Surgical, Shopify and Intercontinental Exchange are part of the Zacks top Analyst Blog.

Shopify and The Allstate Corporation have been highlighted as Zacks Bull and Bear of the Day

Shopify and The Allstate Corporation are part of the Zacks Bull and Bear of the Day article.

Andrew Rocco headshot

Bull of the Day: Shopify (SHOP)

Shopify stands out from all angles. The software leader has top-tier fundamentals, a historically low valuation, strong analyst estimates, and an attractive chart pattern.

Sheraz Mian headshot

Top Research Reports for Broadcom, Intuit & Intuitive Surgical

Today's Research Daily features new research reports on 16 major stocks, including Broadcom Inc. (AVGO), Intuit Inc. (INTU) and Intuitive Surgical, Inc. (ISRG).

Company News for Jul 13, 2023

Companies in The News Are: LCID,DPZ,UBER,ROKU,SHOP,BYND

New Strong Buy Stocks for July 13th

MDB, KMX, ISNPY, SHOP and JSAIY have been added to the Zacks Rank #1 (Strong Buy) List on July 13, 2023.

ROKU Partners With Shopify to Enable In-Stream Purchases on TV

ROKU partners with Shopify to allow viewers to directly purchase products from Shopify merchants using Roku Action Ads.

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

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.

Sheraz Mian headshot

Top Stock Reports for Coca-Cola, Toyota Motor & McDonald's

Today's Research Daily features new research reports on 16 major stocks, including The Coca-Cola Company (KO), Toyota Motor Corporation (TM) and McDonald's Corporation (MCD).

Abhinab Dasgupta headshot

Beat the Market Like Zacks: Shopify, Medtronic, Oracle 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.

Shopify (SHOP) Stock Moves -0.26%: What You Should Know

Shopify (SHOP) closed the most recent trading day at $61.67, moving -0.26% from the previous trading session.

Sanghamitra Saha headshot

Here's Why Cathie Wood Bets Big on Shopify: ETFs to Play

Cathie Wood stock Shopify-heavy ETFs are good bets. The stock is expected to record 400% earnings jump in the third quarter and 700% earnings growth in the full-year 2023.

Abhinab Dasgupta headshot

3 Stocks to Watch as Crypto Promises a July Rally

CME, NVDA and SHOP are three stocks that should be tracked as cryptocurrency starts off July on a positive note.

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

Shopify (SHOP) closed the most recent trading day at $63.76, moving -1.33% from the previous trading session.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: Shopify, Oracle, Uber 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.

Zacks Investment Ideas feature highlights: Chipotle Mexican Grill, Shopify and Meta

Chipotle Mexican Grill, Shopify and Meta have been highlighted in this Investment Ideas article.

Shopify (SHOP) is a Great Momentum Stock: Should You Buy?

Does Shopify (SHOP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Ethan Feller headshot

Unstoppable Momentum: 3 Stocks Poised for Yet Another Rally

While some investors may find it hard to start buying into stocks that are already up so much momentum can push stocks further than anyone expects

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

Shopify (SHOP) closed the most recent trading day at $63.48, moving +0.49% from the previous trading session.

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.

Is Allegro MicroSystems (ALGM) Outperforming Other Computer and Technology Stocks This Year?

Here is how Allegro MicroSystems, Inc. (ALGM) and Shopify (SHOP) have performed compared to their sector so far this year.