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Shopify (SHOP)

(Delayed Data from NYSE)

$78.45 USD

78.45
5,652,287

-1.69 (-2.11%)

Updated Oct 1, 2024 04:00 PM ET

Pre-Market: $78.39 -0.06 (-0.08%) 8:58 AM 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%

Zacks Rank Education - Learn about the Zacks Rank

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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

Nalak Das headshot

Buy These 3 Stocks With Strong Upside Left Ahead of Earnings

Three stocks with a combination of favorable Zacks Rank, a possible earnings beat and solid price potential are: TWLO, SHOP, TTWO.

AMD Q2 Earnings Beat Estimates, Shares Up on Strong Q3 View

AMD's second-quarter 2024 results reflect robust Client and Data Center revenues, offsetting weakness in the Gaming and Embedded segments.

Skyworks (SWKS) Q3 Earnings Meet Estimates, Revenues Down Y/Y

Skyworks' (SWKS) third-quarter fiscal 2024 results reflect strength in broad markets and edge IoT product line amid a challenging macroeconomic environment.

Advanced Energy (AEIS) Q2 Earnings Top Estimates, Revenues Fall

Advanced Energy's (AEIS) second-quarter results are hurt by weakness across non-semi markets.

Toast (TOST) to Report Q2 Earnings: What's in the Cards?

Toast's (TOST) second-quarter 2024 performance is likely to reflect the benefit of strong location growth.

Synchronoss (SNCR) to Report Q2 Earnings: What's in Store?

Synchronoss Technologies' (SNCR) second-quarter performance is expected to reflect benefits from its expanding cloud subscriber base.

Shopify (SHOP) Reports Next Week: Wall Street Expects Earnings Growth

Shopify (SHOP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

IPG Photonics (IPGP) Q2 Earnings Miss, Revenues Decline Y/Y

IPG Photonics (IPGP) second quarter results reflect lower revenues from the Materials processing segment.

Upland Software (UPLD) to Report Q2 Earnings: What to Expect

Upland Software's (UPLD) second-quarter fiscal 2024 performance is likely to have benefited from increased customer acquisitions and successful AI integrations.

ONESPAN (OSPN) to Report Q2 Earnings: What's in the Cards?

ONESPAN's (OSPN) second-quarter fiscal 2024 performance is likely to have benefited from strong renewals and expansion contracts and increased demand for cloud-based solutions.

Shopify (SHOP) Stock Sinks As Market Gains: Here's Why

In the closing of the recent trading day, Shopify (SHOP) stood at $59.87, denoting a -0.12% change from the preceding trading day.

Fair Isaac (FICO) to Report Q3 Earnings: What's in Store?

Fair Isaac's (FICO) third-quarter fiscal 2024 performance is likely to have benefited from strong momentum in its scores and software business.

Is Shopify (SHOP) a Buy as Wall Street Analysts Look Optimistic?

According to the average brokerage recommendation (ABR), one should invest in Shopify (SHOP). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Sanghamitra Saha headshot

Bet on 5 Top-Ranked Stocks With Rising P/E

Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include lululemon athletica (LULU), PVH (PVH), TAL Education Group (TAL), Fastly (FSLY) and Shopify (SHOP).

Aniruddha Ganguly headshot

Shopify (SHOP) Loses 10% in a Month: Should You Buy the Dip?

Shopify's (SHOP) recent dip offers a buying opportunity for growth-oriented investors, given its expanding merchant base and strong partner base.

John Blank headshot

An Update on this Tech-driven U.S. Economy

Can this "AI" Cap-ex boom keep driving ahead?

Sumit Singh headshot

Target (TGT) Down 11% in 3 Months: Solid Bargain or Risky Bet?

Target (TGT) is grappling with challenges across multiple fronts, ranging from softness in key product categories to competitive pressures.

Anirudha Bhagat headshot

3 Internet Services Stocks to Beat Earnings Estimates in Q2

Here, we take a sneak peek into how these three internet services stocks - SHOP, UBER and VNET - are poised ahead of their earnings releases.

Want Better Returns? Don?t Ignore These 2 Computer and Technology Stocks Set to Beat Earnings

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

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

Shopify (SHOP) closed the most recent trading day at $62.69, moving -0.74% from the previous trading session.

John Blank headshot

The "Mag 7" Report: Global Week Ahead

Throughout this week, Q2-24 S&P500 earnings will be front and center, as members of the "Magnificent 7" report their results, along with major banks.

Zacks Investment Ideas feature highlights: Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon

Spotify Technology, Shopify, Vertiv Holdings, Nvidia and Amazon are part of the Zacks Investment Ideas article.

Benjamin Rains headshot

3 Top Tech Stocks Down at Least 20% to Buy Now Before Earnings

Investors who can stomach the possibility of more near-term selling and volatility should start buying great stocks on sale right now.

The Zacks Analyst Blog Apple, Lowe's, Shopify, MIND and Moving iMage

Apple, Lowe's, Shopify, MIND and Moving iMage are included in this Analyst Blog.

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Top Research Reports for Apple, Lowe's & Shopify

Today's Research Daily features new research reports on 16 major stocks, including Apple Inc. (AAPL), Lowe's Companies, Inc. (LOW) and Shopify Inc. (SHOP), as well as two micro-cap stocks MIND Technology, Inc. (MIND) and Moving iMage Technologies, Inc. (MITQ).