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Shopify (SHOP)

(Real Time Quote from BATS)

$78.98 USD

78.98
1,845,183

+0.53 (0.68%)

Updated Oct 2, 2024 02:18 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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2-Buy of 5   2      

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 B 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 37% (93 out of 252)

Industry: Internet - Services

Better trading starts here.

Zacks News

Sanghamitra Saha headshot

ETFs to Tap as Shopify Pops 22% on Stellar Earnings & Rosy Forecast

Shopify delivered a surprising third-quarter financial performance, surpassing analysts' expectations on both the top and bottom lines. SHOP stock jumped on four times higher volume.

Shopify (SHOP) Q3 Earnings Beat Estimates, Revenues Up Y/Y

Shopify's (SHOP) third-quarter 2023 results benefit from growth in merchant solutions revenues and an expanding merchant base.

Company News for Nov 03, 2023

Companies In The Article: LLY, SBUX, SHOP, CYBR

Shopify (SHOP) Reports Q3 Earnings: What Key Metrics Have to Say

The headline numbers for Shopify (SHOP) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Unveiling Shopify (SHOP) Q3 Outlook: Wall Street Estimates for Key Metrics

Evaluate the expected performance of Shopify (SHOP) for the quarter ended September 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Shopify (SHOP) to Report Q3 Earnings: What's in the Cards?

Shopify's (SHOP) third-quarter performance is expected to have benefited from the growing adoption of merchant-friendly solutions despite the challenging macro environment.

Uber Technologies (UBER) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Uber (UBER) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mayur Thaker headshot

SPX Rapidly Erasing YTD Gains As Earnings Guidance Disappoints

The leading indicators of earnings continue to point towards an earnings recession.

Benjamin Rains headshot

Time to Finally Buy These 3 Beaten-Down Tech Stocks Before Earnings?

Diving into 3 former growth-heavy tech stocks--Shopify (SHOP), Pinterest (PINS), and Block (SQ)--that are trading at least 70% below their highs heading into their Q3 earnings releases to see if investors might want to consider buying.

Amazon's (AMZN) Q3 Earnings & Sales Beat Estimates, Up Y/Y

Amazon's (AMZN) third-quarter results reflect strength in AWS, Prime, third-party sellers and advertising businesses.

Shopify (SHOP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Shopify (SHOP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Shopify (SHOP) Registers a Bigger Fall Than the Market: Important Facts to Note

In the closing of the recent trading day, Shopify (SHOP) stood at $51, denoting a -0.27% change from the preceding trading day.

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

In the latest trading session, Shopify (SHOP) closed at $54.17, marking a +1.67% move from the previous day.

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.

Shopify (SHOP) Stock Slides as Market Rises: Facts to Know Before You Trade

In the latest trading session, Shopify (SHOP) closed at $53.51, marking a -0.26% move from the previous day.

Is QuickLogic (QUIK) Outperforming Other Computer and Technology Stocks This Year?

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

Shopify (SHOP) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

After losing some value lately, a hammer chart pattern has been formed for Shopify (SHOP), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

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

In the latest trading session, Shopify (SHOP) closed at $54, marking a -1.04% move from the previous day.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: Shopify, Caterpillar, Amgen 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.

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

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.