Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping, and securing working capital. The company 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 headquartered in Ottawa, Canada.
E-commerce Titan | Explore Shopify's dominant position in the e-commerce industry, offering comprehensive solutions for businesses of all sizes and driving significant market growth |
Financial Dynamics | Delve into Shopify's impressive revenue growth, with projections exceeding 20% CAGR, balanced against ongoing profitability challenges and margin pressures |
Strategic Expansion | Learn about Shopify's key initiatives, including enterprise focus, international expansion, omnichannel solutions, and AI integration, shaping its future trajectory |
Market Outlook | Discover analyst perspectives on Shopify's future, with price targets ranging from $63 to $100, reflecting varied opinions on growth potential and competitive positioning |
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 | 79.6x | −2.1x | 11.1x | |
PEG Ratio | 0.49 | −0.02 | 0.01 | |
Price/Book | 11.0x | 1.2x | 2.4x | |
Price / LTM Sales | 13.1x | 2.4x | 2.1x | |
Upside (Analyst Target) | 4.5% | 37.4% | 23.7% | |
Fair Value Upside | Unlock | 1.0% | 5.2% | Unlock |