Professional
Added to YB: 2024-07-11
Pitch date: 2024-07-06
SHOP [bullish]
Shopify Inc.
+83.33%
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
$154.8B
Pitch Price
$67.53
Price Target
N/A
Dividend
N/A
EV/EBITDA
76.90
P/E
126.29
EV/Sales
12.82
Sector
IT Services
Category
growth
ClearBridge Growth Strategy New Position: Shopify Inc.
SHOP: Leading e-commerce platform, $250B+ annual spend. <2% global ex-China retail penetration. Huge growth potential in fragmented market. Recent increased spend on sales/marketing. Long-term outlook: strong operating profit & FCF growth. Added on price weakness.
Read full article (1 min)