Reassessing The Changing Outlook For Shopify Inc (SHOP)

Currently, there are 1.22B common shares owned by the public and among those 1.21B shares have been available to trade.

The company’s stock has a 5-day price change of 0.07% and 37.94% over the past three months. SHOP shares are trading 77.93% year to date (YTD), with the 12-month market performance up to 9.79% higher. It has a 12-month low price of $48.56 and touched a high of $129.38 over the same period. SHOP has an average intraday trading volume of 11.04 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 4.03%, 8.45%, and 14.48% respectively.

Institutional ownership of Shopify Inc (NASDAQ: SHOP) shares accounts for 66.47% of the company’s 1.22B shares outstanding.

It has a market capitalization of $151.46B and a beta (3y monthly) value of 2.63. The stock’s trailing 12-month PE ratio is 94.15, while the earnings-per-share (ttm) stands at $1.24. The company has a PEG of 4.23 and a Quick Ratio of 3.71 with the debt-to-equity ratio at 0.10. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.51% over the week and 3.43% over the month.

Earnings per share for the fiscal year are expected to increase by 10.34%, and 26.81% over the next financial year.

Looking at the support for the SHOP, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on July 14, 2025, with the firm’s price target at $135. BMO Capital Markets was of a view on May 06, 2025 that the stock is Outperform, while BNP Paribas Exane gave the stock Neutral rating on May 05, 2025, issuing a price target of $100. Mizuho on their part issued Neutral rating on April 14, 2025.

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