Stock of the Day for November 17, 2024

Shopify Stock Report

Shopify
SHOP 90-day performance NASDAQ:SHOP Shopify
Current Price
$175.65
-3.36 (-1.88%)
(As of 02:06 PM ET)
30 Day Performance
18.15%
  
 
90 Day Performance
48.10%
  
 
1 Year Performance
119.48%
  
 
Market Capitalization
$228.29B
P/E Ratio
98.13
Price Target
$155.35

About Shopify

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations. These include payment processing, shipping and fulfillment tools, financing programs for qualified merchants, a marketplace for third-party apps and themes, and APIs that let developers extend functionality. Enterprise customers can access premium-level features and support through Shopify’s higher-tier offerings.

The company traces its origins to a project by its founders to sell snowboards online and formally launched as Shopify in 2006. Shopify completed a public offering in 2015, and since then has expanded its product set and global reach to serve businesses of many sizes, from small independent merchants to large-scale brands operating in multiple countries. Shopify is headquartered in Ottawa, Ontario, Canada, and supports merchants around the world.

Shopify was co-founded by Tobias Lütke, Daniel Weinand and Scott Lake; Tobias Lütke is widely recognized as a long-standing leader associated with the company’s product and engineering direction. The company’s ecosystem emphasizes ease of use, extensibility through third-party developers and partners, and a broad suite of services that aim to reduce the operational complexity of running an online business.

SHOP Company Calendar

AUG. 6, 2025
Last Earnings
OCT. 30, 2025
Today
NOV. 11, 2025
Next Earnings (Estimated)
DEC. 31, 2025
Fiscal Year End

Recent Shopify News

Shopify (NASDAQ:SHOP) Reaches New 1-Year High Following Analyst Upgrade
Shopify (NASDAQ:SHOP) Price Target Raised to $200.00 at KeyCorp
Atria Investments Inc Raises Stake in Shopify Inc. $SHOP
Shopify Inc. $SHOP Shares Sold by Spire Wealth Management
Shopify Inc. $SHOP Shares Sold by Hantz Financial Services Inc.
Bristlecone Advisors LLC Cuts Position in Shopify Inc. $SHOP
Why influencer marketing is getting a reality check
Shopify Inc. $SHOP Shares Acquired by Jennison Associates LLC
Motley Fool Wealth Management LLC Purchases Shares of 6,035 Shopify Inc. $SHOP
This report was written by MarketBeat.com on October 30, 2025. This report first appeared on MarketBeat.com.