Shopify Rockets Upwards

Technology sector company Shopify posted a 6.1% performance today, while the S&P 500 returned 0.7%.

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company is based in Ottawa and has 10,000 full time employees. Its market capitalization is $67,827,837,559.

4 analysts are following Shopify and have set target prices ranging from $37.95 to $135.52 per share. On average, they have given the company a rating of hold. At today's prices, SHOP is trading -27.56% away from its average analyst target price of $73.61 per share.

Over the last year, SHOP shares have gone down by -37.9%, with a 52 week high of $93.25 per share and a 52 week low of $23.63. The company's revenues are growing strongly and the company is posting solid earnings and free cash flow growth.

2019-12-31 2020-12-31 2021-12-31
Revenue (MM) $1,578 $2,929 $4,612
Revenue Growth n/a 85.63% 57.43%
Gross Margins 54.8% 52.6% 53.8%
Gross Margins Growth n/a -4.01% 2.28%
Operating Margins -8.9% 3.1% 5.8%
Operating Margins Growth n/a 134.83% 87.1%
Earnings Per Share -$0.11 $0.26 $2.29
EPS Growth n/a 336.36% 780.77%
Free Cash Flow (MM) $8 $383 $454
FCF Growth n/a 4560.05% 18.46%
Capital Expenditures (MM) -$62 -$42 -$51
Net Debt / EBITDA 6.24 -10.57 -4.53
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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