Professional
Added to YB: 2024-11-12
Pitch date: 2024-09-30
SHOP [bullish]
Shopify Inc.
+105.24%
current return
Author Info
No bio for this author
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
$206.2B
Pitch Price
$80.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
119.82
P/E
116.87
EV/Sales
18.73
Sector
IT Services
Category
growth
Baron Global Advantage Fund Portfolio Holding: Shopify Inc.
SHOP: Revenue +25% YoY, op margins 14.6% (3% above est). Expanding into int'l, B2B, offline markets. Strong position, innovation & growth potential with <2% global commerce share. Concerns over investment cycle eased. Volatility in reinvestments & margins, but long-term growth runway intact.
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