Added to YB: 2026-06-02
Pitch date: 2026-05-30
SHOP [neutral]
Shopify Inc.
+27.15%
current return
Author Info
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Company Info
Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
Market Cap
$198.6B
Pitch Price
$120.25
Price Target
178.00 (+15%)
Dividend
N/A
EV/EBITDA
80.68
P/E
104.17
EV/Sales
14.57
Sector
IT Services
Category
growth
Shopify – A Deep Dive into the Toll Booth of Global Commerce
SHOP (overview): E-commerce OS, ~5M merchants, $378B GMV, 14% US share, growing GMV 3-4x market. Q1 rev +34% to $3.2B, payments penetration 67%, op margin 12.1%. Moat via switching costs, ecosystem; AI a tailwind. Sees 25-30% rev CAGR to 2030. PT $178 (~11% CAGR). Hold; accumulate <$105.
Read full article (30 min)