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$1,245.10 -$56.05 (-4.3%)

04:00 PM EST on 02/25/21

Shopify (NYSE:SHOP)

CAPS Rating: 4 out of 5

Current Price $1,245.10 Mkt Cap $161.3B
Open $1,301.37 P/E Ratio 465.95
Prev. Close $1,245.10 Div. (Yield) $0.00 (0.0%)
Daily Range $1,226.21 - $1,321.19 Volume 1,864,100
52-Wk Range $305.30 - $1,499.75 Avg. Daily Vol. 1,316,357

Caps

How do you think NYSE:SHOP will perform against the market?

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All Players

2,111 Outperform
56 Underperform
 

All-Star Players

925 Outperform
17 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NYSE:SHOP Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

SpartanMAC (48.00)
Submitted November 16, 2020

A lot hinges on the growth playing out here, but this business is playing a major role in the economy today. SHOP actually does not have a positive EBIT/EV yield - which normally would be a big red flag. It does have positive (growing) cash flow, and… More

jpmgator06 (98.70)
Submitted June 10, 2020

Flagged as overvalued by Morningstar

NYSE:SHOP VS S&P 500 (SPY)

NYSE:SHOP Summary

Fools bullish on NYSE:SHOP are also bullish on:

Fools bearish on NYSE:SHOP are also bearish on:

Recent Community Commentary

Read the most recent pitches from players about SHOP.

Recs

0
Member Avatar kramval (< 20) Submitted: 2/19/2021 6:13:08 PM : Outperform Start Price: $1,396.96 NYSE:SHOP Score: -9.65

inovation

Recs

0
Member Avatar VIPMember (51.05) Submitted: 2/19/2021 10:14:07 AM : Outperform Start Price: $1,383.65 NYSE:SHOP Score: -7.66

never sell - huge TAM

Recs

0
Member Avatar BoilerPete (38.38) Submitted: 2/18/2021 3:00:07 PM : Outperform Start Price: $1,396.33 NYSE:SHOP Score: -8.59

Shopify has made it easier for over a million organizations to start, run, and grow their business. And with ecommerce sales in Shopify’s target geographies representing approximately 15% of total retail sales, there is tremendous opportunity to increase the volume of merchandise sold on their platform and attract new merchants.

The numbers they delivered in 2020 were impressive. For example:

More merchants are using Shopify. Revenue increased by $279.4 million, up 53% year over year.
Gross Merchandise Volume (GMV) exceeded $41 Billion in the fourth quarter and $120 Billion for 2020
Merchant Solutions revenue growth increased 117% because of GMV growth
Monthly Recurring Revenue (MRR) for 2020 was $82.6 million. Growth accelerated to 53% year-over-year with MRR due to the continued high number of new merchants joining the platform which was likely accelerated by the pandemic

In addition, Non GAAP earnings were $1.58 vs. a consensus estimate of $1.25 and Shopify expects to grow at over 30% annually through at least 2022.

So how much additional growth is ahead of Shopify given their $181 billion market cap? In addition to the ongoing ecommerce tail winds, they are building out their service offering.

Shopify Fulfillment Network is a robotics-driven warehouse that helps businesses fulfill their products fast and affordably. Shopify plans on spending over $1 billion to expand this network which will allow their merchants to better serve their end customer. Also, for many merchants, it’s a better value than the comparable Amazon service, Fulfillment By Amazon, which may attract more merchants to the Shopify.
Shopify Capital provides funding designed for business owners. It allows them to get capital based on their history with Shopify and skip the lengthy application processes. Plus, with the data Shopify collects on their merchants, it allows them to make better capital allocation decisions increasing the safety and profitability of loans.

Both of these services will help drive additional top line growth.

And let’s not forget about their $6.39 billion cash position. Whether it’s a tuck in acquisition or additional infrastructure investments to further expand their services, they have the firepower to make investments that can drive topline revenue.

There’s no doubt that at a 60+ price/sales, Shopify is priced for perfection. But, their strong financial position, optionality and quickly expanding moat could make it one of the best companies of it’s generation. If you have a longer term time horizon, then Shopify should be in your portfolio.

Leaderboard

Find the members with the highest scoring picks in SHOP.

Score Leader

Btscheufler

Btscheufler (94.78) Score: +5,639.97

The Score Leader is the player with the highest score across all their picks in SHOP.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
XJ 99.53 2/25/2016 1/29/2021 Outperform 5Y $21.33 +5,737.32% +97.35% +5,639.97 0 Comment
Btscheufler 94.78 2/25/2016 2/9/2021 Outperform 5Y $21.33 +5,737.32% +97.35% +5,639.97 0 Comment
This player feels very strongly about this pick and has marked it a Top Pick. Top Picks do not affect a player’s score. CMFStan8331 99.46 2/25/2016 Outperform 5Y $21.33 +5,737.32% +97.35% +5,639.97 0 Comment
MattM 85.53 2/29/2016 Outperform 5Y $22.03 +5,551.84% +95.96% +5,455.88 0 Comment
veitclub 88.00 2/29/2016 2/3/2021 Outperform 5Y $22.03 +5,551.84% +95.96% +5,455.88 0 Comment
CMFLovePeace 73.11 2/29/2016 Outperform 5Y $22.03 +5,551.84% +95.96% +5,455.88 6 Comments
jdpost 95.13 3/2/2016 Outperform 5Y $22.64 +5,399.56% +93.35% +5,306.21 0 Comment
graintrader 81.87 3/1/2016 2/6/2021 Outperform 5Y $22.68 +5,389.86% +93.85% +5,296.01 0 Comment
anzuwin 85.70 1/25/2016 Outperform 5Y $23.13 +5,283.05% +101.31% +5,181.74 0 Comment
TMTAirborne 93.87 3/2/2016 Outperform 5Y $23.71 +5,152.48% +92.58% +5,059.90 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

There are no Wall Street tracker picks for SHOP.