Buying ShopifyI'm looking to start building a position in Shopify again. Last chart i did on this played out very well. My two green horizontals are based off monthly support levels. Low 80s to mid 60s are great areas to add. I become very interested below $70, maybe earning provides the fuel to get there.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
1.368 CHF
1.75 B CHF
7.68 B CHF
1.21 B
About Shopify Inc.
Sector
Industry
CEO
Tobias Albin Lütke
Website
Headquarters
Ottawa
Founded
2004
FIGI
BBG00ZTK8L65
Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar, and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.
$SHOP 35-50%+ downside from here. $41-59 targetAlthough NASDAQ:SHOP bounced higher today, it looks like the bounce will be short lived.
I think we will see a large move down over the coming weeks to the lower support levels on the chart.
Why? We just formed another lower high. We've been in a downtrend since late February and until the price
ABC Correction?I can count a 5 wave impulse (subjective) and could see a potential ABC correction down to the $16 - $23 level. As someone who makes plenty of purchases from small retailers on the SHOP infrastructure, I'm ultimately long on this stock. I hope this stock doesn't see a year or more of sliding price a
Shopify: Crazy Chart, Big LevelHave you ever seen a level as outstanding as this one? Yes, but this one's great too.
But will we ever get there though? Maybe with some tariffs action we do.
Outstanding level = strong level
We do have breakdown PA at the top (SFP) but the lack of structure in the downmove (2022) makes this less
Shopify - Reasons to add to my portfolio Nothing better than a bear market if you wanna make life changing profit.
I have been following Shopify since May 2021. Clarified where I will begin to buy.
40CAD and 23CAD were 2 of them.
Went long at 40 and will add at 23 if it keeps dropping.
40 was 2019 support
23 is 2018 resistance
My target
Way oversold, not too late to enter! TSX:SHOP is looking excellent for further upside. As inflation continues to drop, expectations for rising rates will also continue to drop. This is bullish for high growth stocks like SHOP. We are now above a key level (200 Day SMA), which often is the beginning of a technical bull market. Although
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Related stocks
Frequently Asked Questions
The current price of SHOP is 74.606 CHF — it has increased by 10.63% in the past 24 hours. Watch SHOPIFY INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BX exchange SHOPIFY INC stocks are traded under the ticker SHOP.
SHOP stock has risen by 11.85% compared to the previous week, the month change is a −14.31% fall, over the last year SHOPIFY INC has showed a −13.24% decrease.
We've gathered analysts' opinions on SHOPIFY INC future price: according to them, SHOP price has a max estimate of 128.63 CHF and a min estimate of 66.66 CHF. Watch SHOP chart and read a more detailed SHOPIFY INC stock forecast: see what analysts think of SHOPIFY INC and suggest that you do with its stocks.
SHOP reached its all-time high on Apr 2, 2025 with the price of 85.993 CHF, and its all-time low was 57.179 CHF and was reached on Apr 7, 2025. View more price dynamics on SHOP chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SHOP stock is 1.23% volatile and has beta coefficient of 2.18. Track SHOPIFY INC stock price on the chart and check out the list of the most volatile stocks — is SHOPIFY INC there?
Today SHOPIFY INC has the market capitalization of 97.97 B, it has decreased by −0.027% over the last week.
Yes, you can track SHOPIFY INC financials in yearly and quarterly reports right on TradingView.
SHOPIFY INC is going to release the next earnings report on May 8, 2025. Keep track of upcoming events with our Earnings Calendar.
SHOP earnings for the last quarter are 0.39 CHF per share, whereas the estimation was 0.39 CHF resulting in a 0.64% surprise. The estimated earnings for the next quarter are 0.23 CHF per share. See more details about SHOPIFY INC earnings.
SHOPIFY INC revenue for the last quarter amounts to 2.54 B CHF, despite the estimated figure of 2.46 B CHF. In the next quarter, revenue is expected to reach 2.03 B CHF.
SHOP net income for the last quarter is 1.14 B CHF, while the quarter before that showed 707.32 M CHF of net income which accounts for 61.34% change. Track more SHOPIFY INC financial stats to get the full picture.
No, SHOP doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 24, 2025, the company has 8.1 K employees. See our rating of the largest employees — is SHOPIFY INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHOPIFY INC EBITDA is 1.17 B CHF, and current EBITDA margin is 15.78%. See more stats in SHOPIFY INC financial statements.
Like other stocks, SHOP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SHOPIFY INC stock right from TradingView charts — choose your broker and connect to your account.