Added to YB: 2024-02-29
Pitch date: 2024-02-01
SHOP [bullish]
Shopify Inc.
+102.7%
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
$81.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
119.82
P/E
116.87
EV/Sales
18.73
Sector
IT Services
Category
growth
RiverPark Long/Short Opportunity Fund Portfolio Holding - Shopify Inc.
SHOP +25% rev, beat est by 3%, top 3Q perf. Op margins 16%, 6% > fcst. Gaining new merchants, deeper penetration, +market share. Black Fri US sales +24% YoY, 2nd after AMZN w/ 10% US e-commerce. 20%+ annual rev growth ahead on e-commerce + new products like Shop Pay. Margins to accelerate.
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