Shopify Inc (SHOP)

[BUDDIEE18]

Thurs 28 - Oct - 2021 -- SPREAD = 1(76).17 [between day high - day low]
FRI 12 - Nov - 2021 - SPREAD = 1(64).78
THURS - 17 - June - 2021 SPREAD = 110

11 TD [trading days] / 13 CD [calendar days [from Oct 28 - Nov 12]

anyhow -- ALWAYS OBSERVE those HIGH spreads. nothing to do w/news -- just due #cycles

anyhow -- based on FRIDAY's CLOSE:

#GANN

Recommendation:
Buy at / above: 1670.77 Targets: 1680.16 --- 1690.42 --- 1700.71 --- 1711.03
Stoploss : 1660.56
Sell at / below: 1660.56 Targets: 1651.22 --- 1641.07 --- 1630.96 --- 1620.87
Stoploss : 1670.77

[12yearplan]

Nice job WW. It feels like Christmas -> another metric is the
Da Wife and da steady stream of packages leaned up gainst the front door! (might have to cash out to pay for all this crap ;)

Some smart programmer cookies over there..

https://fourweekmba.com/shopify-business-model/

So now I am wishing that I'd tried to play it.
[.. me too WW, jk above ;]

[nowwhat2]

Oops I forgot to post share this top chart.....
And here now ? Six sessions later ? It's up like this ! ?
Looks like my odds arrows did what they forecasted......
So now I am wishing that I'd tried to play it.
Now to go learn what the news was if any.



6 sessions later....


Now to determine what it might do next....


There WAS quite a note-worthy high made today !

[zdog]

If they had done the split, it would have only been up about $18 today.

[bob4uall]

My advice would be for a 10-for-1 split.

[l2 hunter]

SHOP $1524 CHART >>>> up 1400% >>>>>>>>>>>

Wednesday, 10/04/17 02:11:29 PM
Re: None 0
Post #
268
of 535
SHOP in @$1.01 2000 Shares.. Your L2 Hunter

https://stockcharts.com/c-sc/sc?s=SHOP&p=D&yr=5&mn=0&dy=0&i=t7687150313c&r=1630474131803

[12yearplan]

https://www.wsj.com/market-data/quotes/SHOP

[nowwhat2]

May be especially true that now ?

http://ih.advfn.com/stock-market/NYSE/shopify-SHOP/stock-news/85687080/shopify-eps-beats-by-1-28-beats-on-revenue

Seeking Alpha (now) wants 19.99 per month ?


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165206469

[nowwhat2]

Not sure why the first instinct was a Megaphone here but added a buncha lines afterwards

Closed at 1500 US today (1875 Cdn - shown below)

Why it looks almost certain to hit 1400 (1100 US)

[l2 hunter]

SHOP 20 Day Moving Average
BUY

[l2 hunter]

SHOP TrendSpotter BUY

[ED25]

SHOP

[conix]

Facebook app is big news... and news highs in the stock.

We may see new research coverage soon.

Chart looks great.

[tsand]

Kudos to management of SHOP for following their rules and terminating anything "Trump". Good business ethics! Now, if they can clean up house with the rumored "fake or pirated products" that may be affecting SHOP's bottom line by as much as 20%...

[conix]

Charts of the e-commerce merchant service providers: SHOP, BIGC, OLB, LSPD, USIO



BIGC



OLB



LSPD



USIO

[conix]

I cannot justify SHOP's price here. I like the market sector they are in with e-commerce but there are smaller companies that are UNDERvalued.

I bought into LSPD instead of buying SHOP and have been VERY happy. I also got into OLB at $3.50 and have traded part of my position twice in the past three months. I expect to see $7 to $10/share there in the next six months.

SHOP is benefiting from being the largest company in e-commerce services. And the her mentality is helping the price. Sorta like TSLA.

But when there is a correction, the "herd" will pour out of these stocks that have done so well, so fast.

Margin debt is at an all time high. Careful holding overvalued stocks in any indsutry.

JMO.

[HandleTheTruth]

when will the earnings come? how can you justify this multiple?

[conix]

Not short at all. Just not long SHOP.

Fundamentally, it is way ahead of reasonable valuations. But that can continue for a long time.

But overvalued stocks always have a reckoning. You can make a lot of money in the mean time.

GLTU

[Liam859]

Bro you been short this whole time? $1230 :( been a great hold for me

[redwing992006]

Incredible! And it doesn't appear to be slowing down at all

[conix]

SHOP is the big boy on the e-commerce merchant services block. They have been doing great--but the enterprise value is seemingly way ahead of itself. Even with this great news on Black Friday, SHOP is trading at over 30 times REVENUE. Not a PE ratio. Price to Sales Ratio.

BIGC, Lightspeed (LSPD), OLB have more modest valuations. But they are not growing as fast as SHOP.

SHOP


LSPD



OLB

[ernie44]

kinda pricey for the service---i call it Stupify

[mik1234]

$SHOP

[conix]

Shopify sees sales soar 76% for Black Friday to Cyber Monday period

Dec. 01, 2020 7:30 AM ETShopify Inc. (SHOP)By: Clark Schultz, SA News Editor16 Comments

Shopify (NYSE:SHOP) is likely to catch some attention today after the company says Black Friday-Cyber Monday total sales were up by more than 76% to top $5.1B.

More than 44M consumers globally purchased from independent and direct-to-consumer brands powered by Shopify, a 50% jump from a year ago.
The company notes that in addition to the record-setting weekend, it saw holiday shopping start earlier than ever before, with daily total sales increasing 19 days before Cyber Monday (almost two weeks earlier than previous years). In the week leading up to Cyber Monday, sales increased by 84% Y/Y.
Shopify President Harley Finkelstein: "The record sales we saw on Shopify over Black Friday/Cyber Monday weekend demonstrate the power of the independent and direct-to-consumer businesses on our platform. With the center of gravity in commerce shifting from in-store to online, the pandemic has accelerated a change we have long anticipated. This multichannel shopping phenomenon is the blueprint for the future of retail—and we couldn’t be more excited by it."

[conix]

Looking like SHOP has become the TSLA of this sector

No connection with the fundamentals. But they are the leader in a promising sector. Sounds familiar.

[conix]

Is Shopify (NYSE: SHOP) Still A Buy At $1,000?

MONDAY, NOVEMBER 23, 2020 | SAM QUIRKE

Is Shopify (NYSE: SHOP) Still A Buy At $1,000?Back at the start of 2020, few on Wall Street could have imagined that shares of Canadian e-commerce giant Shopify (NYSE: SHOP) would be trading above $1,000 by the time Q4 rolled around. To be sure, they were on an upward trajectory that made the eventuality almost a certainty but having only popped above $500 for the first time in February, it was still going to be a tall order.

Then came COVID and for a few dark weeks in March, even the most optimistic bulls had to concede that they’d be lucky to finish the year flat after a 40% drop. But the stock market is a funny thing and investors are even funnier. As the effects of the pandemic rolled over the economy, they realized the massive upside potential that was suddenly in play for any stock that had e-commerce in its description. Amazon (NASDAQ: AMZN), Alibaba (NYSE: BABA), and Wayfair (NYSE: W) all caught strong bids into the start of April and Shopify was no different. Their cloud hosted platform allows individual, typically independent, retailers to create online stores out of the box. And with more people than ever before suddenly forced to shop online, it’s not surprising that demand for the services exploded.

But since crossing the $1,000 mark for the first time in July, shares have been relatively range bound and appear to be consolidating at a new normal. With hopes increasing for a COVID vaccine to become widely available by the middle of next year, what kind of upside potential remains for an e-commerce company that’s almost tripled its market cap this year already?


Fresh Upside Identified

If the moves of the big boys on Wall Street are any indication, then there’s a ton of reasons to be excited about where Shopify could go in 2021. Both Tudor Investment and Lone Pine Capital reported increased stakes in shares of Shopify in their 13F filings this month. Having rode the wave this summer, they’re bullish on the upward momentum sticking around for a while yet.

And late last week, Jefferies were out with an upgrade to Shopify shares, moving them from Hold to a Buy rating. In a note to clients they said “we have a greater appreciation for Shopify’s ability to deliver robust growth for the next several years and reach ~$10B of revenue in 2025 powered by a structural pull forward in e-commerce activity and better monetization of gross margin value."

This is exactly the kind of fresh outside momentum investors would be looking for in an e-commerce company as we head into the busiest season of the year for retailers. The company’s President Harley Finkelstein spoke to this point last week when he observed how much consumer habits have changed in the past year. On the whole, he believes the coronavirus pandemic has catapulted the e-commerce industry 10 years ahead of where it was expecting to be, and this acceleration is only going to increase through the end of the year.

Almost 100% Revenue Growth

In terms of internal momentum, we need only look at the company’s most recent earnings report, released at the end of October, to see just how hot that is right now. Aside from knocking analyst expectations out of the park, revenue was up more than 96% year on year and expectations will be equally high for the holiday season to deliver another knockout report in January.

For investors thinking about getting involved, shares are just starting to move up off solid support at the $900 level and look set for a re-test of the upper $1,120 mark as an initial target. The recent bullish comments from Wall Street heavyweights and the beginning of the biggest retail season of the year should be more than enough to send them to fresh highs before 2021 rolls around.

[whytestocks]

NEWS: $SHOP 3 Stocks With Tonnes of Cash: Should You Load Up?

When you buy shares of a stock, you’re buying a piece of a business. When a business is loaded with cash, it’s much harder for it to go bankrupt. It can also use the money to grow the business or buy back stock. Right now, these three TSX stocks are filled with cash fo...

Read the whole news SHOP - 3 Stocks With Tonnes of Cash: Should You Load Up?

[whytestocks]

Breaking News: $SHOP This TFSA Trick Can Guarantee You $1 Million

Your TFSA can be a wealth-building machine. Seriously. You can go from a few hundred dollars to millions over time. That’s not to say this is easy. It’s not. The vast majority of savers fail to reach the $1 million mark. If you want to be a TFSA millionaire, you on...

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[whytestocks]

Breaking News: $SHOP Will Shopify (TSX:SHOP) Stock Double Again in 2021?

Shopify (TSX:SHOP) (NYSE:SHOP) is a magical stock. Since 2015, shares have risen 33 times in value. A $10,000 investment would have become $330,000 in just five years. The best part is that the fun isn’t over. There’s a good chance that this stock will ...

In case you are interested SHOP - Will Shopify (TSX:SHOP) Stock Double Again in 2021?

[whytestocks]

JUST IN: $SHOP Buy These 3 E-Commerce Stocks Before Another Market Dip

Our experts issued a rare "Double Down" Buy alert on this one stock... Learn more. This year has been anything but predictable, and investors' shifting reactions to the election, the recession, and the pandemic have made anticipating the stock market's movements even more difficul...

Read the whole news SHOP - Buy These 3 E-Commerce Stocks Before Another Market Dip

[conix]

Shopify expects digital paradigm shift to be sticky

Nov. 20, 2020 12:39 PM ETShopify Inc. (SHOP)By: Clark Schultz, SA News Editor

Shopify (SHOP +2.7%) President Harley Finkelstein says the online retailer is gearing up for its busiest season of the year next weekend as demand stays red-hot during the pandemic.

Finkelstein thinks the pandemic accelerated e-commerce trends by ten years over the last eight months in a massive paradigm shift that he expects to continue.

Two importants trends with consumers are seen surviving on the Shopify platform after the vaccine is distributed.

"The first is they want to buy from independent brands and independent retailers whenever possible. Part of that is we all live in these cities and communities where on the other side of Covid we want to see small businesses still be around. The way we do that as consumers is we vote with our wallets to support them. The second piece is we've moved away from bargain basement deals and big discounting to more of this conscious consumerism, where we want to buy from retailers and brands whose values reflect our own."

[conix]

WHoa!

[conix]

SHOPIFY Valuation Issues

The stock is trading at a massive valuation. Moreover, its price-sales ratios are high enough to be outlandish even if they were P/E ratios.

For example, the stock’s P/S multiple, based on analysts’ average 2020 sales estimate, is almost 50 times. The same ratio, based on the average 2021 revenue estimate, is about 38 times.

Further, TipRanks.com reports that there are 26 analysts whose average price target on Shopify stock is not much higher than the shares’ price today.

These analysts have all issued notes on the stock in the last three months and have produced 12-month price targets. Their average price target is $1,133.15. That is just 7% above yesterday’s closing price of $1,056.

https://investorplace.com/2020/10/shopify-stock-is-overvalued-better-to-short-a-net-credit-put-spread/

[conix]

What's in Store for Shopify (SHOP) This Earnings Season?

Zacks Equity Research

Oct 26, 2020 9:50AM EDT

Shopify Inc. SHOP is scheduled to report third-quarter 2020 results on Oct 29.

The company has not provided third-quarter guidance citing COVID-19-induced uncertainties prevalent in the market.

The Zacks Consensus Estimate for revenues is currently pegged at $656.1 million, which suggests growth of 68% from the year-ago quarter’s reported figure.

The Zacks Consensus Estimate for the bottom line has been steady over the past seven days at 49 cents. The company had reported adjusted net loss of 29 cents per share in the third quarter of 2019.
Shopify Inc. Price and EPS Surprise


Shopify Inc. Price and EPS Surprise



Notably, the company’s earnings have surpassed the Zacks Consensus Estimate each of the last four quarters. It has a trailing four-quarter earnings surprise of 2,667.68%, on average.
Factors Likely to Have Influenced Q3

Continued momentum in e-commerce owing to COVID-19 crisis is expected to have driven Shopify’s third-quarter performance.

Shopify Plus platform is expected to have witnessed strong traction in the third quarter as enterprise merchants continue to shift their businesses online as retail landscape is changing radically. Addition of Shopify Plus Admin, a back-end solution that enables merchants to manage their entire operations from single point is likely to have bolstered adoption of Shopify Plus.

Besides, adoption of “multi-currency feature” aimed at enabling merchants to sell products in several currencies and receive payments in their respective local currency is likely to have driven Shopify Plus revenues in the quarter to be reported.

The company’s latest express theme feature (at no additional cost) is also likely to have witnessed incremental adoption in the third quarter which in turn might have added more merchants (especially cafes and restaurants) to Shopify’s platform and resulted in increased Gross Merchandise Volume (GMV). Express theme allows merchants to quickly set up online business platforms.

Furthermore, the company’s mobile app Shop is expected to have witnessed uptake among merchant base. Shop app is a digital online assistant that helps customers quickly navigate checkout and keep a tab on shipment details. By making it simpler for customers to shop online, this app helps merchants increase their sales numbers.

Also, the company is anticipated to have gained from Shopify Email tool. Shopify Email is a marketing feature that assists merchants to boost email marketing campaigns with campaign analytics, templates, and brand asset importing functionalities.

Shopify’s Fulfillment Network is expected to have aided the company to cater to more merchants in the third quarter, which might have generated additional volumes. Increasing investments on expanding robotics and fulfillment technology capabilities hold promise.

Moreover, strong adoption of Shopify’s easy-to-use upgrades and merchant-friendly applications is anticipated to have augmented adoption of Shopify Capital, Shopify Payments, and Shopify Shipping solutions in the third quarter, which might get reflected in the quarter’s performance.

The company’s Shopify Balance and Shopify Pay Installments’ solutions are expected to have added new merchants to the platform. Also, the company’s collaborations with Walmart, Facebook and Pinterest are expected to have fueled growth in the merchant base.

Increase in number of merchants on the platform is likely to have strengthened GMV and Monthly Recurring Revenue (MRR) metrics and hence, revenues from Merchant Solutions and Subscription Solutions, respectively.

Notably, the Zacks Consensus Estimate for third-quarter revenues from Merchant Solutions stands at $441 million, representing an increase of 96% on a year-over-year basis. The consensus estimate for Subscription Solutions’ third-quarter revenues is pegged at $216 million, indicating a rally of 30.1% on a year-over-year basis.

Markedly, an expanding merchant base has been instilling confidence in the stock. Shares of Shopify have surged 158.1% year to date, compared with the industry’s rise of 26.3%.

The company is also anticipated to have gained from the launch of new point of sale (POS) system to help integrate online and in-person sales in a bid to aid merchants in staying well-informed of changing commerce practices in the wake of challenging retail backdrop.

Moreover, Shopify is likely to have gained from introduction of contactless payment hardware for Canadian retailers using new POS system, Shopify POS. This includes the Shopify Tap & Chip Card Reader, Shopify Tap & Chip Case and Shopify Retail Kit.

Likewise, Shopify has been working on improving curb side pickup facilities and local deliveries to meet the spurt in digital shopping. This is anticipated to have positively impacted Shopify’s performance in the to-be-reported quarter.

Notably, the company has been working on extending language capabilities beyond English. The focus on local languages might have helped the company in shoring up international operations. These endeavors to reinforce presence in the international market may have contributed to the third-quarter performance.

However, Shopify’s increasing investments on product development, fulfillment network, and overseas expansion to maintain competitive position in the e-commerce market are likely to have weighed on third-quarter profitability.

[whytestocks]

JUST IN: $SHOP Where to Invest $5,000 Right Now in an Uncertain Market

Lingering uncertainty has plagued the stock market. The U.S. presidential election looms close, coronavirus cases are surging, and Congress still hasn't approved additional aid. However, smart investors are taking advantage of the recent dip and buying up pandemic-proof stocks that have exc...

Read the whole news SHOP - Where to Invest $5,000 Right Now in an Uncertain Market

[conix]

Analyst Firms Making Recommendations of Shopify (SHOP)

B OF A GLBL RES
CANACCORD GENUI
CIBC WORLD MKTS
CITIGROUP
DAVIDSON D A
EIGHT CAPITAL
GUGGENHEIM SEC.
JEFFERIES & CO.
LOOP CAPITAL MK
MACKIE RESEARCH
MACQUARIE CAPIT
MIZUHO SECURITI-
PIPER SANDLER
RAYMOND JAMES
RBC CAPITAL
ROSENBLATT SEC
ROTH CAPITAL PA
TRUIST SECURITI
WEDBUSH SECURIT
WELLS FARGO SEC
WILLIAM BLAIR

[conix]

Shopify CEO was on CNBC this morning. The interesting point was that there are more and more NEW businesses that are starting--online-- during the pandemic. And SHOP and the all these other e-commerce merchant providers are benefiting.

[conix]

SHOP Chart

[Mexico10]

FEATURE
It Isn’t Too Late to Buy Shopify Stock, Analyst Says. He Sees 26% Upside.
Shopify should continue to benefit from the acceleration in e-commerce that has been triggered by the Covid-19 pandemic, Wedbush analyst Ygal Arounian wrote.
Shopify should continue to benefit from the acceleration in e-commerce that has been triggered by the Covid-19 pandemic, Wedbush analyst Ygal Arounian wrote in a research note Wednesday morning, as he raised his rating on the stock to Outperform from Neutral.
The analyst raised his target on Shopify (ticker: SHOP) to $1,300 from $998, and concedes that he is a little late on his bullish call. But he still sees more upside ahead.
“We continue to see strength in Shopify’s near-term ability to capture share in e-commerce, and continue to see the pull-forward in e-commerce trends as being sustainable over time, driven in large part by ongoing changes to consumer habits,” Arounian wrote. “Those views haven’t changed, and they have kept us positive on the Shopify story despite our downgrade to Neutral last June. While we clearly missed material upside in shares over that time period, we have continued to view Shopify as a best-in-class operator, remaining on the sidelines primarily from what we viewed as valuation that already fairly reflected the underlying opportunity.”
Arounian addressed the fact that the upgrade comes with the stock and valuation near all-time highs.
“We continue to like the short-term trends and Shopify’s position to capture them, but this call is a longer-term one in addition to those trends, driven by Shopify’s position to capture share of the total retail [addressable market] as it builds out its retail OS,” he wrote. “In looking for a new entry point opportunity we were focused on looking for either a pullback or product launches that can sustain out-size growth and market opportunity over time.” He sees two significant growth opportunities in the company’s push into both fulfillment and point-of-sale software.
The analyst said he sees a $4 billion opportunity for the company in fulfillment by 2024 and $29 billion by 2029. For point of sale, he sees a $2 billion opportunity by 2025.
Shopify stock was up 0.5% at $1,030.39 near midday Wednesday. The Dow Jones Industrial Average was up 1.5%.
Write to Eric J. Savitz at [e-mail]

[whytestocks]

News; $SHOP Shopify Inc $SHOP Trading Report

The Shopify Inc (NASDAQ: SHOP) update and the technical summary table below can help you manage risk and optimize returns. Here we provide day, swing, and longer-term trading plans for SHOP, and we cover 1000 other stocks too. This is a snapshot, it was real-time when the report was pub...

Read the whole news SHOP - Shopify Inc $SHOP Trading Report

[Mexico10]

SECTORFOCUS BLOG
How Shopify Stock’s Triple-Digit Rally Could Keep Going
Goldman Sachs analyst Christopher Merwin raised his target for the stock price, while reiterating a Buy rating on the shares.
Shopify stock has soared well over 100% in 2020, yet Goldman Sachs argues that the continuing shift to digital sales means that the cloud-based commerce platform’s run is just beginning.
Analyst Christopher Merwin reiterated a Buy rating on Shopify stock (ticker: SHOP) on Monday, while raising his target for the price to $1,318 from $1,286. Shopify stock was off 2.6% to $878 in early trading amid a broad selloff that dragged futures on the S&P 500 down by 1.7%.
He said the company’s most recent results marked a “landmark quarter for Shopify in many ways,” including big gains in gross merchandise value (GMV) as more people grow more comfortable shopping online in the age of Covid-19, while it also continues to innovate quickly in solving problems for merchants.
As Barron’s has noted before, the easier a transaction feels to a consumer, the more likely they are to make the purchase. Similarly, Merwin believes that the more Shopify does to offer solutions to merchants, the more it will benefit.
At the moment, Shopify Payments is the largest contributor to merchant solutions, totaling about 73%, he estimates, by the end of the year. GMV has been growing consistently in this division—from 38% in fiscal 2017 to 45% in the most recent quarter—a trend he thinks can continue.
Shopify Capital, the second-largest contributor to the merchant solutions business, can grow at a 16% compound annual growth rate for the next 20 years, he believes.
Yet Merwin is also confident that “the introduction of newer services such as Fulfillment Network, Balance, Installment Pay, etc. will be key components” of Shopify’s success. At the moment, the company’s international shipping business is small, compared to its North America operations, but he sees it growing over time.
In addition, the company launched installment payment options, without additional fees, this May. The flexibility that creates for consumers should encourage more to decide in favor of making purchases.
Of course, Shopify’s prime positioning at the center of e-commerce hasn’t gone unnoticed. The shares had soared nearly 127% year to date through Friday’s close—helped by robust earnings in July—making it Canada’s most valued stock this summer. Nor is this the first time Merwin has raised his price target to keep pace with the rally.
Write to Teresa Rivas at [e-mail]

[Clairew]

I used templates for the Shopify online store when I created my website, I often use special software and extensions for my business that help me simplify some of the processes in management and reporting, but now I need something more ... more complex. I need to shift some of my responsibilities of communicating with clients to someone else. I considered different bot programs with messengers, but I don't think that they can provide high-quality support, so I started looking for outsourcing services for this. I found on this site https://wow24-7.io/ what I was looking for, but I'm not sure how it works. Perhaps someone here has experience with the support outsourcing service for the Shopify?

[Mexico10]

Added this morning!

[-Kush-]

This post didn't age well

[Liam859]

Weeeee!

[zdog]

$1,000

[Liam859]

SHOP $910 beautiful

[Mexico10]

Solid news for SHOP.

[chrispy2468]

Is SHOP a threat to AMZN? Price target 12 months?

[bigstocksnbonds]

Congrats to ALL SHOP holders!!

Motley Fool nails another great stock yeah!!