Shopify Inc (NASDAQ:SHOP) has a beta value of 2.64 and has seen 5.45 million shares traded in the recent trading session. The company, currently valued at $139.92B, closed the recent trade at $107.85 per share which meant it gained $3.51 on the day or 3.36% during that session. The SHOP stock price is -19.96% off its 52-week high price of $129.38 and 54.97% above the 52-week low of $48.56.
The consensus among analysts is that Shopify Inc (SHOP) is Buy stock at the moment, with a recommendation rating of 1.85. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 13 out of 34 have rated it as a Hold, with 21 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.29.
Shopify Inc (NASDAQ:SHOP) trade information
Sporting 3.36% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SHOP stock price touched $107.85 or saw a rise of 1.06%. Year-to-date, Shopify Inc shares have moved 1.43%, while the 5-day performance has seen it change 14.94%. Over the past 30 days, the shares of Shopify Inc (NASDAQ:SHOP) have changed 28.84%.
Wall Street analysts have a consensus price target for the stock at $110, which means that the shares’ value could jump 1.95% from the levels at last check today.. The projected low price target is $94.0 while the price target rests at a high of $125.0. In that case, then, we find that the latest price level in today’s session is -15.9% off the targeted high while a plunge would see the stock lose 12.84% from the levels at last check today..
Shopify Inc (SHOP) estimates and forecasts
The company’s shares have gained 26.07% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 22.48%.
40 analysts offering their estimates for the company have set an average revenue estimate of 2.54B for the current quarter. 38 have an estimated revenue figure of 2.62B for the next ending quarter. Year-ago sales stood 2.04B and 2.16B respectively for this quarter and the next, and analysts expect sales will grow by 24.20% for the current quarter and 22.48% for the next.
Earnings growth for 2025 is a modest 11.92% while over the next 5 years, the company’s earnings are expected to increase by 24.87%.
SHOP Dividends
Shopify Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Shopify Inc (NASDAQ:SHOP)’s Major holders
The top two institutional holders are BAILLIE GIFFORD & CO with over 55.24 million shares worth more than $3.65 billion. As of 2024-06-30, BAILLIE GIFFORD & CO held 4.2854% of shares outstanding.
The other major institutional holder is CAPITAL WORLD INVESTORS, with the holding of over 48.71 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.22 billion and represent 3.7788% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are GROWTH FUND OF AMERICA and EUROPACIFIC GROWTH FUND . As of Mar 31, 2025 , the former fund manager holds about 2.39% shares in the company for having 29.14 shares of worth $3.15 billion while later fund manager owns 17.44 shares of worth $1.88 billion as of Mar 31, 2025 , which makes it owner of about 1.43% of company’s outstanding stock.
