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Shopify (SHOP)

(Real Time Quote from BATS)

$78.44 USD

78.44
1,409,418

-0.01 (-0.01%)

Updated Oct 2, 2024 12:20 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

Wix.com (WIX) Q1 Earnings & Revenues Top Estimates, Stock Up

Wix.com Ltd. (WIX) first-quarter results reflect growing user and premium subscription base, and strong growth in online selling activity amid coronavirus crisis-induced Internet demand.

Analog Devices (ADI) to Report Q2 Earnings: What's in Store?

Analog Devices' (ADI) strength in end-markets served is likely to reflect on fiscal second-quarter results. However, macro weakness and COVID-19 impacts may have been concerns.

Tech Stocks' May 14 Earnings Lineup: WIX, GLOB, NEWR & CVET

Here we take a sneak peek at four tech stocks lined up to report quarterly earnings on May 14.

Baidu (BIDU) to Report Q1 Earnings: What's in the Cards?

Strength across the search engine and AI business is likely to reflect on Baidu's (BIDU) first-quarter results. However, COVID-19 impacts and increasing competition are likely to have been headwinds.

What's in Store for Applied Materials' (AMAT) Q2 Earnings?

Applied Materials' (AMAT) fiscal second-quarter results are likely to reflect the global coronavirus-driven economic crisis.

FormFactor (FORM) Q1 Earnings & Revenues Beat Estimates

FormFactor's (FORM) first-quarter results are driven by strong demand for both Foundry & Logic probe cards.

Uber Stretches Profitability Target to 2021 Amid Coronavirus

On facing a significant downturn in the rides business due to coronavirus, Uber (UBER) now expects to become profitable in 2021.

TripAdvisor (TRIP) Misses Q1 Earnings & Revenue Estimates

TripAdvisor (TRIP) reports weak first-quarter results due to COVID-19-induced travel bans and the need for physical distancing.

GoDaddy (GDDY) Surpasses Q1 Earnings and Revenue Estimates

GoDaddy (GDDY) reports solid first-quarter revenues driven by strong product demand and efficient execution.

Fitbit (FIT) Q1 Loss Wider Than Estimated, Revenues Lag

Fitbit (FIT) reports weak first-quarter results, with both earnings and revenues missing the Zacks Consensus Estimate.

Shopify (SHOP) Q1 Earnings Surpass Estimates, Shares Up

Shopify's (SHOP) first-quarter 2020 results benefit from a growth in the number of merchants and increased buying of essentials thanks to COVID-19 induced lockdowns.

Zacks.com featured highlights include: Activision Blizzard, Guardant Health, Vertex Pharmaceuticals, Aphria and Shopify

Zacks.com featured highlights include: Activision Blizzard, Guardant Health, Vertex Pharmaceuticals, Aphria and Shopify

KLA Corp. (KLAC) Beats Q3 Earnings and Revenue Estimates

KLA Corp. (KLAC) reports solid fiscal Q3 results driven by a strong process control market, revenue diversification, solid execution and expanded demand at the trailing edge nodes.

Wayfair (W) Q1 Loss Narrower than Anticipated, Revenues Miss

Wayfair's (W) first-quarter revenues miss the Zacks Consensus Estimate. However, increase in active customers and strength in the company's direct retail business aid year-over-year revenue growth.

Pinterest (PINS) Q1 Loss Wider Than Expected, Revenues Beat

Pinterest's (PINS) first-quarter 2020 results reflect user base expansion boosted by coronavirus-led lockdown and strong ARPU growth but expenses surge.

Mark Vickery headshot

ADP: -20.2M Jobs in April; Plus GM & SPOT

Services took the lion's share of the headline totals, losing 16 million positions last month, as opposed to the 4.2 million jobs lost in Goods-producing industries.

The Zacks Analyst Blog Highlights: Shopify, Square, ANSYS, PayPal and CDW

The Zacks Analyst Blog Highlights: Shopify, Square, ANSYS, PayPal and CDW

Economic Data Deluge

Economic Data Deluge

Sanghamitra Saha headshot

5 Top-Ranked Stocks to Tap Earnings Beat Potential

Forget earnings growth, bet on these top-ranked stocks to cash in on earnings beat.

Shopify (SHOP) Q1 Earnings and Revenues Top Estimates

Shopify (SHOP) delivered earnings and revenue surprises of 205.56% and 5.94%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Avid Technology (AVID) to Post Q1 Earnings: What's in Store?

Avid Technology (AVID) Q1 results likely to reflect higher recurring revenues, driven by subscriptions revenue growth, partially offset by lower non-recurring revenues due to Covid-19-led lockdown.

Dropbox (DBX) Gearing Up For Q1 Earnings: What's in Store?

Dropbox's (DBX) first-quarter 2020 performance is expected to have benefited from robust adoption of its new desktop app driven by the integration of enhanced features to its platform.

Roku (ROKU) to Report Q1 Earnings: What's in the Cards?

Roku's (ROKU) first-quarter results are expected to reflect ad business growth, driven by increasing popularity of The Roku Channel and growth active accounts resulting from coronavirus lockdown.

Cognizant (CTSH) to Report Q1 Earnings: What's in Store?

Cognizant's (CTSH) Q1 results likely to reflect strength in digital engineering, cloud and IoT, partially muted by delays in project fulfillment and reduced client demand on the coronavirus outbreak.

Tech Stocks' May 6 Earnings Roster: SHOP, SQ, ANSS & More

Here is a sneak peek on how six notable technology stocks are poised ahead of their first-quarter 2020 results scheduled for May 6.