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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

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 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

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3 High-Octane Momentum Stocks to Watch Next Week

The S&P 500 broke out above 4,800 to new all time highs

Zacks Industry Outlook Highlights Shopify, Upwork and Uber

Shopify, Upwork and Uber have been highlighted in this Industry Outlook article.

Shopify (SHOP) Falls More Steeply Than Broader Market: What Investors Need to Know

Shopify (SHOP) reachead $80.32 at the closing of the latest trading day, reflecting a -1.23% change compared to its last close.

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3 Beaten-Down Buy-Rated Stocks Worth Another Look

Stocks often lose popularity after melting higher and then reversing, with investors seeking the next big trade. However, these three shouldn't be overlooked.

The Zacks Analyst Blog Highlights Meta Platforms, Shopify and MercadoLibre

Meta Platforms, Shopify and MercadoLibre are included in this Analyst Blog.

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Surf's Up in Davos: Global Week Ahead

Central bankers, financiers and business leaders will discuss a challenging global economic picture, shifting monetary policy and rising debt levels.

Manhattan Associates (MANH), Shopify Partner to Aid Retailers

Manhattan Associates (MANH) and Shopify team up to help retailers deliver better shopping experiences.

Alphabet (GOOGL) Boosts Focus on Retailers With New AI Tools

Alphabet's (GOOGL) Google unveils generative AI solutions for retailers to help them deliver better shopping experiences to their customers.

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) Gains As Market Dips: What You Should Know

In the latest trading session, Shopify (SHOP) closed at $81.30, marking a +0.25% move from the previous day.

Amazon (AMZN) Teams Up With Salesforce to Boost Prime Momentum

Amazon (AMZN) partners with Salesforce to integrate Buy with Prime into the latter's Commerce Cloud platform.

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

Shopify (SHOP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

This Top Computer and Technology Stock is a #1 (Strong Buy): Why It Should Be on Your Radar

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

Upwork (UPWK) Moves 11.5% Higher: Will This Strength Last?

Upwork (UPWK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

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Take the Zacks Approach to Beat the Market: Boeing, McDonald's, Monster Beverage 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) Exceeds Market Returns: Some Facts to Consider

Shopify (SHOP) reachead $74.51 at the closing of the latest trading day, reflecting a +1.48% change compared to its last close.

Zacks Market Edge Highlights: CBOE Global Markets, Adidas AG, e.l.f. Beauty, Palantir Technologies and Shopify

CBOE Global Markets, Adidas AG, e.l.f. Beauty, Palantir Technologies and Shopify are part of the Zacks Market Edge blog.

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How to be a Better Stock Investor in 2024

Lessons from Munger and Buffett on investing and some strong buy stocks to start the year.

Nalak Das headshot

Top 5 Momentum Picks for January After a Fabulous 2023

We have narrowed our search to five large-cap stocks that have strong momentum for January. These are BGNE, SHOP, REGN, SPLK and CASY.

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Top Stock Picks for Week of January 1, 2024

A Stock with Earnings Growth and Price Strength and a Tech Stock with Strong Fundamentals Poised for Gains

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Top Stock Picks for Week of January 1, 2024

A Stock with Earnings Growth and Price Strength and a Tech Stock with Strong Fundamentals Poised for Gains.

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Will 2024 be a Year of "Fab Four" ETFs Instead of "Magnificent Seven"?

While "Magnificent Seven" rocked the U.S. market in 2023, "Fab Four" will take the forefront, per a Motley Fool article, published on Yahoo Finance.

Zacks Investment Ideas feature highlights: Upwork, Shopify, Amazon and monday.com

Upwork, Shopify, Amazon and monday.com are part of the Zacks Investment Ideas article.

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Beat the Market the Zacks Way: Shopify, Fusion Pharma, 3M 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.

Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch

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.