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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

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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

Has Shopify (SHOP) Outpaced Other Computer and Technology Stocks This Year?

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

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Buy PagerDuty (PD) Stock Ahead of Q2 Earnings?

PagerDuty stock jumped over 6% on Monday, in a sign that investors might expect big things from its Q2 fiscal 2021 financial results that are due out after the closing bell on Wednesday, September 2...

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3 Highly-Ranked Stocks to Buy Now Heading into the Fall

We explore three different stocks that boast strong Zacks Ranks that investors might want to buy as we start to close out the summer...

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Buy CrowdStrike (CRWD) Stock at Highs as Long-Term Cybersecurity Bet?

CrowdStrike (CRWD) jumped to new highs on Friday ahead of its upcoming second quarter earnings release that's due out on Wednesday, September 2...

Shopify (SHOP) Up 0.4% 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.

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ETFs to Click as Facebook Tops $300 on E-Commerce Bets

Facebook surpassed $300 per share for the first time on the back of new e-commerce bets triggered by the pandemic.

Alphabet's Verily to Offer Stop-Loss Insurance Via Subsidiary

Alphabet's (GOOGL) Verily is creating a new subsidiary namely Coefficient Insurance to offer stop-loss insurance.

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E-commerce Salvaging Retailers Amid Pandemic: 4 Winners

Online shopping, which till sometime ago accounted for a negligible percentage of total U.S. retail sales, has seen a surge over the past few months.

Benjamin Rains headshot

3 Tech Stocks to Buy for Big Growth as the Nasdaq Keeps Hitting New Highs

Here are three tech stocks with strong growth outlooks that appear worth considering as the Nasdaq and S&P 500 hit new highs again...

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Buy Zoom (ZM) Stock Ahead of Q2 Earnings for Long-Term Growth?

Zoom Video has been a star of the coronavirus economy. The question is should investors buy the soaring stock ahead of Q2 earnings as a longer-term play?

Google Rolls Out Kormo Jobs App to Expand Footprint in India

Alphabet's (GOOGL) Google unveils Kormo Jobs in India, which is likely to intensify competition in the job app market of the country.

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Mr. Wonderful's Favorite Stocks & ETFs

We discuss O'Shares investing philosophy and ETFs.

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3 Soaring, Highly-Ranked Stocks to Buy Now for Even More Growth

Let's discuss three stocks, from three different industries, that have all soared during the pandemic to help investors see if they might have more room to run...

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Bull of the Day: Etsy, Inc. (ETSY)

Etsy's niche e-commerce platform was steadily growing over the last several years, and then the coronavirus pandemic hit, which has sent its sales and stock price soaring...

Zacks.com featured highlights include: YETI, JD.com, Repligen, Shopify and Noble Energy

Zacks.com featured highlights include: YETI, JD.com, Repligen, Shopify and Noble Energy

News Corporation (NWSA) Posts Narrower-Than-Expected Q4 Loss

News Corporation's (NWSA) fourth-quarter revenues decline on account of the ongoing pandemic, divestiture of News America Marketing and unfavorable foreign currency fluctuations.

Sanghamitra Saha headshot

5 Top Stocks Likely to Beat Earnings Estimates This Season

These top-ranked stocks are likely to beat on bottom line in their next releases.

NY Times (NYT) Q2 Earnings Top Estimates, Subscriptions Rise

The New York Times Company's (NYT) second-quarter earnings results reflect higher digital-only subscriptions. Management expects digital-only subscription revenues to surge 30% in the third quarter.

Surging Earnings Estimates Signal Good News for Shopify (SHOP)

Shopify (SHOP) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

The Zacks Analyst Blog Highlights: Nautilus, Veritone, Quidel, DocuSign and Shopify

The Zacks Analyst Blog Highlights: Nautilus, Veritone, Quidel, DocuSign and Shopify

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5 Growth ETFs & Stocks to Ride the Market Rally

Growth investing has taken the lead over value and is likely to stay given a slew of reasons.

AKAM or SHOP: Which Is the Better Value Stock Right Now?

AKAM vs. SHOP: Which Stock Is the Better Value Option?

The Zacks Analyst Blog Highlights: Danaher, Shopify and Lam Research

The Zacks Analyst Blog Highlights: Danaher, Shopify and Lam Research

The Zacks Analyst Blog Highlights: Shopify, T-Mobile US, Texas Instruments, Asure and Calix

The Zacks Analyst Blog Highlights: Shopify, T-Mobile US, Texas Instruments, Asure and Calix

John Blank headshot

Earnings "Beats" Don't Matter Much: Global Week Ahead

Since overall S&P 500 earnings marks for Q2 are now down -35.7% y/y, and not -40%, this amounts to coming off a bottom, and just revealing deep analyst pessimism. A "beat" is not moving the dial much on stocks.