• SHOP
  • SHOPIFY INC
  • 108.95
    + 1.88 (+1.76%) 12/20 close, EST
Entry 24.08/13
69.00
Stop-Loss
61.00
Target 24.11/12
105.00
Target Price Achievement 52.17%
  • Investing Points
  • Stock Attractiveness


Shopify, Expected to Grow Revenue by 20% Annually Over the Next 3 Years... Target Price Raised

■ Trading Strategy (2024-11-08)
  •     Recommendation Rating: Target Price Raised
  •     Recommendation Price: $69
  •     Current Price: $85.55
  •     Current Return: +23.99%
  •     Target Price: Increase $90 to $105


Shopify was recommended on August 13, with a recommendation price of $69. The current price is $85.55, achieving a cumulative return of 23.99% since recommendation, leaving only 5.2% to reach the previously set target price of $90.

With revenue expected to grow by over 20% annually on average for the next three years, the target price has been raised from $90 to $105 to reflect this projected growth.


Recent stock price trend


■ Previous Trading Strategy
☞ 2Q Revenue Exceeds Expectations... Cumulative Transaction Volume Surpasses $1 Trillion

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The content of DataHero is not a research report and should not be used as the sole basis for investment decisions. All investments carry risk, and past performance of financial products does not guarantee future results or returns.

When investing in financial products, one should always be aware of the possibility of financial loss and investors should carefully consider their investment objectives and risks before investing.

Stock Attractiveness

More
70 / 100 Quality

Financial Ratios

Profitability(Annualized)24.09/30
Operating Margin 10.95%
ROA 12.00%
ROE 14.90%
ROIC 15.20%
Stability24.09/30
Current Ratio 710.20%
Debt Ratio 9.25%
Receivable 12D
Growth(YoY)24.09/30
Revenue Growth 26.07%
Net Income Growth Swing to profit
R&D/Revenue 24.50%
Valuation24.09/30
PER 74.74
PBR 10.22
PSR 12.59
EV/EBIDTA 67.43

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