In the last trading session, 5.93 million Shopify Inc (NASDAQ:SHOP) shares changed hands as the company’s beta touched 2.62. With the company’s per share price at $110.26 changed hands at $2.46 or 2.28% during last session, the market valuation stood at $143.05B. SHOP’s last price was a discount, traded about -17.34% off its 52-week high of $129.38. The share price had its 52-week low at $48.56, which suggests the last value was 55.96% up since then.
Analysts gave the Shopify Inc (SHOP) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 0 out of 34 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 13 recommended SHOP as a Hold, 21 felt it is a Buy and 0 rated the stock as Underweight.
Shopify Inc (NASDAQ:SHOP) trade information
Instantly SHOP was in green as seen at the end of in last trading. With action 4.90%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 3.70%, with the 5-day performance at 4.90% in the green. However, in the 30-day time frame, Shopify Inc (NASDAQ:SHOP) is 20.15% up.
The consensus price target for the stock as assigned by Wall Street analysts is 110, meaning bulls need a downside of -0.24% from its current market value. According to analyst projections, SHOP’s forecast low is 100 with 120 as the target high. To hit the forecast high, the stock’s price needs a -8.83% plunge from its current level, while the stock would need to tank 9.31% for it to hit the projected low.
Shopify Inc (NASDAQ:SHOP)’s Major holders
CAPITAL WORLD INVESTORS holds the second largest percentage of outstanding shares, with 3.7788% or 48.71 million shares worth $3.22 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were GROWTH FUND OF AMERICA and EUROPACIFIC GROWTH FUND. With 29.14 shares estimated at $3.21 billion under it, the former controlled 2.39% of total outstanding shares. On the other hand, EUROPACIFIC GROWTH FUND held about 1.43% of the shares, roughly 17.44 shares worth around $1.92 billion.
