Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. Shopify Inc. was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is based in Ottawa, Canada.
E-commerce Dominance | Explore Shopify's market leadership in e-commerce solutions, with impressive revenue growth and expanding international presence, particularly in Europe |
Innovation Pipeline | Delve into Shopify's product innovations, including AI integration and enhanced checkout speeds, designed to strengthen its position as a centralized commerce platform |
Financial Health | Learn about Shopify's robust financial outlook, with projected revenue growth, margin expansion, and improved Free Cash Flow margins driving profitability |
Market Valuation | Analyst price targets range from $65 to $130, reflecting diverse views on Shopify's growth potential and competitive positioning in the e-commerce industry |
Metrics to compare | SHOP | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSHOPPeersSector | |
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P/E Ratio | 63.3x | −1.5x | 11.3x | |
PEG Ratio | 0.04 | 0.00 | 0.01 | |
Price/Book | 11.1x | 0.6x | 2.4x | |
Price / LTM Sales | 14.4x | 1.4x | 2.0x | |
Upside (Analyst Target) | 21.7% | 41.2% | 35.7% | |
Fair Value Upside | Unlock | 42.8% | 8.3% | Unlock |