The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 7.97, which is higher than the Software & IT Services industry's average of 7.31. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 2.68B, representing a year-over-year increase of 31.05%, while its net profit experienced a year-over-year increase of 429.82%.
Key Metrics
The company’s current valuation score is 4.91, which is lower than the Software & IT Services industry's average of 7.21. Its current P/E ratio is 90.64, which is 864.48% below the recent high of 874.16 and 634.07% above the recent low of -484.06.
The company’s current earnings forecast score is 7.52, which is lower than the Software & IT Services industry's average of 7.59. The average price target for Shopify Inc is 165.00, with a high of 200.00 and a low of 110.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 9.44, which is higher than the Software & IT Services industry's average of 6.74. Sideways: Currently, the stock price is trading between the resistance level at 176.43 and the support level at 146.24, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The company’s current institutional recognition score is 7.00, which is higher than the Software & IT Services industry's average of 5.78. The latest institutional shareholding proportion is 74.47%, representing a quarter-over-quarter decrease of 0.16%. The largest institutional shareholder is The Vanguard, holding a total of 48.77M shares, representing 4.00% of shares outstanding, with 4.10% increase in holdings.
The company’s current risk assessment score is 5.91, which is higher than the Software & IT Services industry's average of 4.99. The company's beta value is 2.71. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
