In last trading session, Shopify Inc (NASDAQ:SHOP) saw 11.36 million shares changing hands with its beta currently measuring 2.62. Company’s recent per share price level of $113.07 trading at -$0.82 or -0.72% at ring of the bell on the day assigns it a market valuation of $146.69B. That closing price of SHOP’s stock is at a discount of -14.42% from its 52-week high price of $129.38 and is indicating a premium of 57.05% from its 52-week low price of $48.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.34 million shares which gives us an average trading volume of 13.09 million if we extend that period to 3-months.
For Shopify Inc (SHOP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.83. Splitting up the data highlights that, out of 34 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 13 suggested the stock as a Hold whereas 21 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Shopify Inc (NASDAQ:SHOP) trade information
Upright in the red during last session for losing -0.72%, in the last five days SHOP remained trading in the green while hitting it’s week-highest on Tuesday, 06/24/25 when the stock touched $113.07 price level, adding 1.81% to its value on the day. Shopify Inc’s shares saw a change of 75.82% in year-to-date performance and have moved 6.70% in past 5-day. Shopify Inc (NASDAQ:SHOP) showed a performance of 5.93% in past 30-days. Number of shares sold short was 28.01 million shares which calculate 2.16 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 110 to the stock, which implies a fall of -2.79% to its current value. Analysts have been projecting 100 as a low price target for the stock while placing it at a high target of 120. It follows that stock’s current price would jump 11.56% in reaching the projected high whereas dropping to the targeted low would mean a gain of 11.56% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 10.31% while estimates for its earnings growth in next 5 years are of 22.30%.
Shopify Inc (NASDAQ:SHOP)’s Major holders
Insiders are in possession of 0.19% of company’s total shares while institution are holding 74.81 percent of that, with stock having share float percentage of 74.95%. Investors also watch the number of corporate investors in a company very closely, which is 74.81% institutions for Shopify Inc that are currently holding shares of the company. BAILLIE GIFFORD & CO is the top institutional holder at SHOP for having 55.24 million shares of worth $3.65 billion. And as of 2024-06-30, it was holding 4.2854 of the company’s outstanding shares.
The second largest institutional holder is CAPITAL WORLD INVESTORS, which was holding about 48.71 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.7788 of outstanding shares, having a total worth of $3.22 billion.
