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Shopify Inc. (SHOP)

NYSE - NYSE Delayed Price. Currency in USD
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1,425.16-0.69 (-0.05%)
At close: 4:00PM EDT
1,430.50 +5.34 (+0.37%)
Pre-Market: 07:12AM EDT
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  • A
    AndrewF
    No money from SHOP today but oh well can't have up days all the time. I still made a boatload of money in TSLA today. The two companies may not be exactly in the same industries but both have the same solid stories and the only reason bears exist is because these companies' performance seem too good to be true therefore they allege fraud must be involved or something else. When it comes to tech stocks there are a lot more fairy tale company stories out there than the average person thinks. I can count more blockbuster e commerce and other tech companies on all my fingers and toes and even more on top of that. SHOP is going to have another day like TSLA had today, and it likely will either come on earnings or shortly after. Stay tuned. The story still is far from its climax.
  • K
    Kenneth
    Institutional Ownership of Shopify still remains high at over 73%. Shopify is expecting to report 1.28 in earnings and revenue is expect to be over a billion at 1.3 representing a 50% revenue growth. Quarterly report will be before the bell on Thursday October 28th. Amazon reports the same day. I would look for GMV and Subscription growth as future drivers of the company. This company is getting ready as they come closer to finishing billion dollar fulfillment to attracting other big name corporations.
  • M
    Mayling
    Builtwith has posted new numbers, they are slightly down since last month (-74k merchants, pretty much as expected for this time of year- having to do with natural attrition, closing of the BFCM window, with perhaps a small surge next month for a little December push. After that, growth will resume for Valentines/Easter/Mother's Day.

    They continue to take market share though, with two sets of number, one for SHOP, one for ShopPLUS
    Competitor Won Lost Net
    ShopifyPlus 723 0 723
    BigC 570 98 472
    Volusion 337 6 331
    Wix Stores 253 16 237
    Miva Merchant 225 1 224

    ShopPLUS
    Magento Enterprise 301 8 293
    BigCommerce 180 37 143
    Volusion 126 1 125
    ShopGate 50 0 50

    When ShopPLUS loses customers, they lose them to Shopify:
    Shopify gained 20 from, lost 486 to Net -466

    Also, I took a look at Selz Competitors and Similar. They don't measure with only 1,884 live sites, but they apparently are in the game with 48 merchants more than Shopify China with 1,836 live websites. I didn't even know that there was a Shopify China app.
  • K
    Kenneth
    Shopify by the way is expected to beat the earnings whisper number of a 1.42 which beats the consensus of a 1.30 which was just raised from a 1.28.
    Bullish
  • K
    Kenneth
    Today at 11:52 AM RBC came out and stated they remain bullish on Shopify and maintain there $1800.00 price target.
    Bullish
  • A
    AndrewF
    The number one lesson I have practiced with SHOP ever since the beginning of the Andrew Left short, through the COVID selloff, through the February-May selloff, and now through this most recent correction...buy little by little on the way down, do not sell, be patient, and the stock will roar back up and set a new high. The negative voices on yahoo are never changing, repetitive, and not acting in the best interests of shareholders. If you want pocket change, short the stock when it's going down, or day trade it. If you want serious money, never sell your shares, play it cool, and keep adding to your position. Because the truth people like Intellectual either don't want you to know or are completely oblivious to is that as long as no true competitors exist, SHOP continues to rapidly grow their merchants, cash flow, earnings, etc., there really isn't any ceiling on how high the stock can go. Will growth eventually slow down of course, all companies cease to grow as fast when they fully mature. But SHOP is still a fairly new company, still underserves a large portion of its total addressable market, etc. With all this in mind, it should be fairly clear to anyone with a brain that $2000 a share is not a question of if but when.
    Bullish
  • t
    taback
    I am so tired of SHOP doing nothing all day. Can you move??? I have been reading http://alert-sounds.com/ for a month now and the stocks there actually go!
  • K
    Kenneth
    Wedbush just released that Amazon would beat the high end of earnings expectations with 13.43 on earnings with the consensus at 8.93. Should give you a hint on Shopify.
    Bullish
  • M
    Momo
    Every physical store will end up with a digital store in the future. Shopify is the future
  • M
    Matt
    Speculation on recent news that first leaked four days ago. Sentiment and overreaction to the aforementioned. This is nothing more than another 'faux pas' by illicit, want-to-be-real news outlets to chum the headlines with the "if it bleeds, it leads" modus operandi. SHOP will CRUSH EARNINGS and be above 1700 very soon. TURN OFF THE NOISE.
    Bullish
  • K
    Kenneth
    At year end Google and Shopify will be accepting Shop Pay!
    Bullish
  • A
    AndrewF
    Nice buying opportunity today. My guess is the selloff today is collateral damage from SNAP. I still expect this to be erased over the remaining trading days running up to earnings.
    Bullish
  • S
    Susan
    Facebook, Twitter, and Google report next week, and everyone's afraid of the same kind of dismal earnings that Snap reported. It's all just noise, Shop will bring in a wonderful beat as they usually do.
  • q
    queenie
    Crazy sell off...

    Shopify Launches Spotify Channel For Artist-Entrepreneurs
    2:50 PM ET, 10/20/2021 - MT Newswires
    02:50 PM EDT, 10/20/2021 (MT Newswires) -- Shopify (SHOP) and Spotify Technologies (SPOT) announced Wednesday a partnership, through which Shopify introduced its Spotify channel that serves as an "all-in-one" commerce platform for artist-entrepreneurs.

    According to a Shopify blog post, this Spotify channel will give artists a platform that allows them to connect their "Spotify for Artists" accounts with their Shopify online stores to feature their products and other merchandise on their Spotify artist profiles.

    Shopify said the channel is now online in all markets where Spotify is available.
  • M
    Mayling
    Unable to post the link. Search "Shopify has launched an exclusive Global Enterprise Resource Planning (ERP) Program. The program allows selected (ERP) partners to build direct integrations into the Shopify App Store. For the first time, Shopify is directly partnering with ERP providers globally. This includes Microsoft Dynamics 365 Business Central" The backend is becoming more robust. Also, the story says that there are more than 6,000 ShopPlus merchants.
  • M
    Moobyet
    Not a good sign, after such a massive drop on Friday we are dropping again on a very strong day for Nasdaq !
  • K
    Kenneth
    Mark Zgutowicz of Rosenblatt Securities by the way has a $2000.00 Price Target on Shopify with a "buy" recommendation.
    Bullish
  • I
    Intellectual
    CIBC analyst comment via Dow Jones Wire: "Year on year web traffic growth in 3Q to Shopify's website was only 8% compared to 19% in 2Q and 69% in 1Q"... "We recommend that investors wait for a more attractive entry point"
    Bearish
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