- Investing.com
Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. Shopify Inc. 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 based in Ottawa, Canada.
Global Expansion | Learn about Shopify's international growth strategy, particularly in Europe, where GMV increased by 33% year-over-year, presenting both opportunities and challenges |
Innovation Leade | Delve into Shopify's product innovations, including 50% faster checkouts and expanded Shop Campaigns, positioning it as a formidable competitor in the IT Services industry |
Financial Prowess | Explore Shopify's impressive revenue growth of 25.78% and healthy gross profit margin of 50.36%, with analysts projecting $10.5 billion in revenue for 2025 |
E-commerce Titan | Shopify's robust financial health and market cap of $102 billion underscore its dominance in digital commerce, with strong growth in enterprise deals |
Metrics to compare | SHOP | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSHOPPeersSector | |
---|---|---|---|---|
P/E Ratio | 58.3x | −13.3x | 10.8x | |
PEG Ratio | 0.04 | −0.01 | 0.01 | |
Price / Book | 10.2x | 0.8x | 2.4x | |
Price / LTM Sales | 13.3x | 3.9x | 1.9x | |
Upside (Analyst Target) | 31.9% | 41.2% | 39.4% | |
Fair Value Upside | Unlock | 27.5% | 8.7% | Unlock |