Shopify share price today

(SHOP)

Shopify share price is $108.95 & ₹9,258.14 as on 21 Dec 2024, 2.30 'hrs' IST

$108.95

▲

1.88

(1.76%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Shopify share price in Dollar and Rupees. Guide to invest in Shopify from India. Also see the sentimental analysis on Indian investors investing in Shopify. Get details on the Indian mutual funds that are investing in Shopify. Get Analyst recommendations and forecasts along with all the Shopify's financials.

Shopify share price movements

Today's Low: $104.92
Today's High: $109.92
$108.95
3.7%
Downside
Day's Volatility :4.55%
Upside
0.88%
52 Weeks Low: $48.56
52 Weeks High: $120.72
$108.95
55.43%
Downside
52 Weeks Volatility :59.77%
Upside
9.75%

Shopify Returns

Period	Shopify Inc.	Sector (Technology)	Index (Russel 2000)
3 Months	36.0%	6.0%	0.0%
6 Months	69.41%	3.3%	0.0%
1 Year	39.3%	22.9%	0.0%
3 Years	-22.21%	37.2%	-20.4%

Shopify Key Statistics

in dollars & INR

Previous Close	$107.07
Open	$105.3
Today's High	$109.92
Today's Low	$104.922
Market Capitalization	$141.3B
Today's Volume	$6.4M
52 Week High	$120.72
52 Week Low	$48.56
Revenue TTM	$7.8B
EBITDA	$991.0M
Earnings Per Share (EPS)	$0.99
PE Ratio	110.02
Profit Margin	16.4%
Quarterly Earnings Growth YOY	4.86%
Return On Equity TTM	15.31%

How to invest in Shopify from India?

It is very easy for Indian residents to invest directly in Shopify from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Shopify stock in both Indian Rupees (INR) and US Dollars (USD). Search for Shopify or SHOP on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Shopify or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Shopify shares which would translate to 0.008 fractional shares of Shopify as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Shopify, in just a few clicks!

Returns in Shopify for Indian investors in Rupees

Investment Value

₹1,00,000

Shopify investment value today

Current value as on today

₹1,41,500

Returns

₹41,500

(+41.5%)

Returns from Shopify Stock

₹39,304 (+39.3%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Shopify

-7.96%

Period: Sep 23, 2024 to Dec 22, 2024. Change in 30 Days versus previous period

Investment in Shopify from India has reduced in the last 30 days as on Dec 23, 2024. -7.96% less purchase transactions for Shopify in the last 30 days versus the previous period.

-15%

Period: Sep 23, 2024 to Dec 22, 2024. Change in 30 Days versus previous period

Search volume for Shopify on INDmoney from India has reduced in the last 30 days as on Dec 23, 2024. -15% less investors are searching Shopify in the last 30 days versus the previous period.

Global Institutional Holdings in Shopify

Baillie Gifford & Co Limited.
4.90%
Capital World Investors
4.07%
T. Rowe Price Associates, Inc.
3.70%
Vanguard Group Inc
3.58%
FMR Inc
3.27%
Morgan Stanley - Brokerage Accounts
3.20%

Analyst Recommendation on Shopify

Buy

50%Buy

43%Hold

5%Sell

Based on 53 Wall street analysts offering stock ratings for Shopify(by analysts ranked 0 to 5 stars)

Based on 53 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Shopify

What analysts predicted

Downside of 0.62%

Current:

$108.95

Target:

$108.27

Insights on Shopify

Price Movement
In the last 3 months, SHOP stock has moved up by 38.4%
Increasing Revenue
Shopify Inc. has shown positive revenue growth over the last three quarters, with revenue increasing from $1.86 billion to $2.16 billion. This represents an average quarterly increase of 7.2%.
Increasing Net Profit
Shopify Inc. has shown a positive trend in its net profit over the last three quarters. After experiencing a net loss of $273.0 million, the company reported a net profit of $828.0 million. This represents an average increase of 169.5% in profit each quarter.
SHOP vs ORCL (1 yr)
In the last 1 year, Oracle Corp. has given 59.8% return, outperforming this stock by 18.0%
SHOP vs ORCL (3 yr)
In the last 3 years, Oracle Corp. has given 88.8% return, outperforming this stock by 110.2%
Price to Sales
Shopify Inc. has a Price-to-Sales (P/S) Ratio of 18.1, meaning that investors are willing to pay $18.10 for every $1 of sales generated by the company. In contrast, Oracle Corp. has a lower P/S Ratio of 8.7, indicating that investors are willing to pay $8.70 for every $1 of its sales. This suggests that Shopify is currently valued more highly by investors based on its sales than Oracle.

Shopify Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$1.1B	↑ 59.4%
Net Income	$-64.6M	↑ 61.4%
Net Profit Margin	-6.01%	↓ 0.07%

	FY19	Y/Y Change
Revenue	$1.6B	↑ 47.05%
Net Income	$-124.8M	↑ 93.39%
Net Profit Margin	-7.91%	↓ 1.9%

	FY20	Y/Y Change
Revenue	$2.9B	↑ 85.63%
Net Income	$319.5M	↓ 355.93%
Net Profit Margin	10.91%	↑ 18.82%

	FY21	Y/Y Change
Revenue	$4.6B	↑ 57.43%
Net Income	$2.9B	↑ 812.23%
Net Profit Margin	63.2%	↑ 52.29%

	FY22	Y/Y Change
Revenue	$5.6B	↑ 21.42%
Net Income	$-3.5B	↓ 218.72%
Net Profit Margin	-61.79%	↓ 124.99%

	FY23	Y/Y Change
Revenue	$7.1B	↑ 26.07%
Net Income	$132.0M	↓ 103.81%
Net Profit Margin	1.87%	↑ 63.66%

	Q2 FY23	Q/Q Change
Revenue	$1.7B	↑ 12.33%
Net Income	$-1.3B	↓ 2027.94%
Net Profit Margin	-77.39%	↓ 81.9%

	Q3 FY23	Q/Q Change
Revenue	$1.7B	↑ 1.18%
Net Income	$718.0M	↓ 154.77%
Net Profit Margin	41.89%	↑ 119.28%

	Q4 FY23	Q/Q Change
Revenue	$2.1B	↑ 25.09%
Net Income	$657.0M	↓ 8.5%
Net Profit Margin	30.64%	↓ 11.25%

	Q1 FY24	Q/Q Change
Revenue	$1.9B	↓ 13.2%
Net Income	$-273.0M	↓ 141.55%
Net Profit Margin	-14.67%	↓ 45.31%

	Q2 FY24	Q/Q Change
Revenue	$2.0B	↑ 9.86%
Net Income	$171.0M	↓ 162.64%
Net Profit Margin	8.36%	↑ 23.03%

	Q3 FY24	Q/Q Change
Revenue	$2.2B	↑ 5.74%
Net Income	$828.0M	↑ 384.21%
Net Profit Margin	38.3%	↑ 29.94%

	FY18	Y/Y Change
Profit	$596.3M	↑ 56.81%

	FY19	Y/Y Change
Profit	$865.6M	↑ 45.18%

	FY20	Y/Y Change
Profit	$1.5B	↑ 78.08%

	FY21	Y/Y Change
Profit	$2.5B	↑ 60.95%

	FY22	Y/Y Change
Profit	$2.8B	↑ 11.0%

	FY23	Y/Y Change
Profit	$3.5B	↑ 27.63%

	Q2 FY23	Q/Q Change
Profit	$835.0M	↑ 16.46%

	Q3 FY23	Q/Q Change
Profit	$901.0M	↑ 7.9%

	Q4 FY23	Q/Q Change
Profit	$1.1B	↑ 17.87%

	Q1 FY24	Q/Q Change
Profit	$957.0M	↓ 9.89%

	Q2 FY24	Q/Q Change
Profit	$1.0B	↑ 9.17%

	Q3 FY24	Q/Q Change
Profit	$1.1B	↑ 7.01%

	FY18	Y/Y Change
Operating Cash Flow	$9.3M	↑ 18.01%
Investing Cash Flow	$-810.6M	↑ 53.77%
Financing Cash Flow	$1.1B	↑ 86.52%

	FY19	Y/Y Change
Operating Cash Flow	$70.6M	↑ 657.35%
Investing Cash Flow	$-569.5M	↓ 29.75%
Financing Cash Flow	$736.4M	↓ 31.32%

	FY20	Y/Y Change
Operating Cash Flow	$425.0M	↑ 501.8%
Investing Cash Flow	$-1.9B	↑ 239.23%
Financing Cash Flow	$3.6B	↑ 383.11%

	FY21	Y/Y Change
Operating Cash Flow	$504.4M	↑ 18.7%
Investing Cash Flow	$-2.3B	↑ 21.53%
Financing Cash Flow	$1.6B	↓ 53.62%

	FY22	Y/Y Change
Operating Cash Flow	$-136.4M	↓ 127.05%
Investing Cash Flow	$-718.6M	↓ 69.39%
Financing Cash Flow	$17.5M	↓ 98.94%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$118.0M	↑ 18.0%
Investing Cash Flow	$-292.0M	↑ 1436.84%
Financing Cash Flow	$26.0M	↑ 333.33%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$278.0M	↑ 135.59%
Investing Cash Flow	$-898.0M	↑ 207.53%
Financing Cash Flow	$11.0M	↓ 57.69%

Shopify Technicals Summary

Sell

Neutral

Buy

Shopify is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Shopify Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Shopify Inc.	1.86%	69.41%	39.3%	-22.21%	166.54%
Amazon.com Inc.	14.1%	21.2%	46.61%	32.56%	140.71%
Adobe Systems Inc.	-12.69%	-14.69%	-25.25%	-22.59%	35.02%
Oracle Corp.	-11.77%	21.28%	59.77%	89.48%	216.71%
Salesforce Inc	0.48%	43.22%	29.08%	33.04%	108.89%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Shopify Inc.	110.02	110.02	1.12	1.53	0.15	0.06	NA	7.05
Amazon.com Inc.	47.71	47.71	1.83	5.14	0.23	0.07	NA	24.66
Adobe Systems Inc.	35.33	35.33	1.44	18.27	0.35	0.16	NA	32.69
Oracle Corp.	41.27	41.27	1.78	5.59	1.56	0.07	0.01	3.16
Salesforce Inc	55.39	55.39	1.52	8.2	0.1	0.05	0.0	61.43

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Shopify Inc.	Buy	$141.3B	166.54%	110.02	16.4%
Amazon.com Inc.	Buy	$2.3T	140.71%	47.71	8.04%
Adobe Systems Inc.	Buy	$192.5B	35.02%	35.33	25.59%
Oracle Corp.	Buy	$472.1B	216.71%	41.27	20.4%
Salesforce Inc	Buy	$321.8B	108.89%	55.39	15.45%

About Shopify

Shopify, a Canadian multinational e-commerce company headquartered in Ottawa, Ontario was established by Scott Lake along with Tobias Lütke, in the year 2006. Shopify created Liquid, a completely open-source web-programming framework which works as a templated language that is written on the web app framework “Ruby on Rails”. It has been in use since 2006. In 2009, the company launched an API (Application programming interface) platform and an App Store. In 2010, a mobile app was introduced for free on the IOS App Store. In fact, the app enables Shopify outlet owners to monitor their stores via the iOS mobile applications. The company raised 7 million USD from a series A Venture Capitalist funding round in the year 2010, the second round of series B raised 15 USD million in the year 2011. In 2015, Shopify was listed on stock exchanges of New York, NYSE and Toronto, TSE by raising over 131 million USD . In the year 2021, Affirm’s IPO enabled Shopify’s 8% stake to be worth $2 billion. Later that year, it acquired Frenzy, a smart application that helps to improve flash sales and a studio for mobile product creation and development based in Toronto called Tiny Hearts. In 2017, they announced a partnership with Amazon which allowed traders to from their Shopify stores on Amazon platforms. To cater to the B2B segment, they acquired handshake which now caters to the B2B e-com platform to sell wholesale goods. 6 River systems which make warehouse robots was acquired in a cash and share deal worth 450 million USD. It also announced its partnership with Alipay to enable cross-border payments It announced the acquisition of Primer, an AR app that allows users to preview home improvement items digitally. Currently Shopify Inc. has a market cap of $93.56 Billion. It has a P.E ratio of 69.71. The shares of Shopify Inc. are trading at $108.95. .

Organization	Shopify
Employees	8300
CEO	Mr. Tobias Lütke
Industry	Technology Services

Management People of Shopify

Name	Title
Mr. Tobias Lütke	Founder, Chairman, CEO and Head of R&D
Mr. Harley Finkelstein	President
Mr. Jeff J. Hoffmeister CPA	Chief Financial Officer
Mr. Kasra Nejatian	VP of Product & COO
Ms. Jessica R. Hertz	General Counsel & Corporate Secretary
Ms. Carrie Gillard	Director of Investor Relations
Ms. Bharati Balakrishnan	Country Head & Director- India
Mr. Loren Padelford	GM & VP of Shopify Plus
Mr. Arpan Podduturi	Director of Product
Mr. Thomas Epting	Director of Product for Shopify Fulfillment Network

Important FAQs about investing in Shopify from India :

What is Shopify share price today?

Shopify share price today stands at $108.95, Open: $105.30 ; Previous Close: $107.07 ; High: $109.92 ; Low: $104.92 ; 52 Week High: $120.72 ; 52 Week Low: $48.56. The stock opens at $105.30, after a previous close of $107.07. The stock reached a daily high of $109.92 and a low of $104.92, with a 52-week high of $120.72 and a 52-week low of $48.56.

Can Indians buy Shopify shares?

Yes, Indians can invest in the Shopify (SHOP) from India.

With INDmoney, you can buy Shopify at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Shopify at zero transaction cost.

How can I buy Shopify shares from India?

It is very easy to buy Shopify from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Shopify be purchased?

Yes, you can buy fractional shares of Shopify with INDmoney app.

What are the documents required to start investing in Shopify stocks?

To start investing in Shopify, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.