Shopify Inc - Ordinary Shares - Class A

Shopify Inc - Ordinary Shares - Class A

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Market Cap$119.88B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Shopify Inc - Ordinary Shares - Class AShopify Inc - Ordinary Shares - Class A58.8-17%17.90.2

Earnings Call Q1 2025

May 8, 2025 - AI Summary

Strong Q1 Performance: Shopify reported a revenue increase of 27% year-over-year and a GMV growth of 23%, marking the eighth consecutive quarter of revenue growth above 25% and the seventh consecutive quarter with GMV growth exceeding 20%. This growth was driven by strong same-store sales, new merchant acquisitions, and performance across various sectors.
Merchant Solutions Growth: Merchant solutions revenue rose by 29%, largely due to increased penetration of Shopify Payments, which reached 64% in Q1. The diversification of payment options into new markets spurred this growth. However, subscription solutions revenue grew only 21%, indicating a potential normalization of growth rates moving forward.
Challenges with Tariffs and Trade Environment: Shopify is monitoring the impact of recent trade changes, including the expiration of the de minimis exemption for Chinese goods, which might affect a small percentage of their GMV. The company highlighted that only 1% of GMV is related to imports from China affected by these changes.

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$109.00

Target Price by Analysts

1.2% upsideShopify Target Price DetailsTarget Price
$15.03

Current Fair Value

86% downside

Overvalued by 86% based on the discounted cash flow analysis.

Share Statistics

Market cap$119.88 Billion
Enterprise Value$121.24 Billion
Dividend Yield$0 (0%)
Earnings per Share$1.56
Beta2.67
Outstanding Shares1,294,580,140

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio58.84
PEG60.79
Price to Sales17.95
Price to Book Ratio13.46
Enterprise Value to Revenue13.65
Enterprise Value to EBIT93.92
Enterprise Value to Net Income60
Total Debt to Enterprise0.02
Debt to Equity0.25

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Shopify Inc

CEO: Tobias Lutke