Is Shopify Inc (NYSE: SHOP) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of Shopify Inc is $137.44B. A total of 3.42 million shares were traded on the day, compared to an average of 7.61M shares.

In the most recent transaction, FIDJI SIMO bought 500 shares of SHOP for 101.61 per share on Jan 15 ’25. In a previous transaction on Dec 23 ’24, Harley Finkelstein bought 11,974 shares at 114.63 per share.

Among the insiders who bought shares, Jeff Hoffmeister acquired of 9,786 shares on Dec 23 ’24 at a per-share price of $114.63. In another insider transaction, Jessica Hertz bought 11,168 shares at $114.63 per share on Dec 23 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SHOP has a high of $120.72 and a low of $48.56.

As of this writing, SHOP has an earnings estimate of $0.43 per share for the current quarter. EPS was calculated based on a consensus of 35.0 estimates, with a high estimate of $0.54 per share and a lower estimate of $0.29.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SHOP’s latest balance sheet shows that the firm has $7.77B in Cash & Short Term Investments as of fiscal 2021. There were $1.17B in debt and $702.73M in liabilities at the time. Its Book Value Per Share was $7.83, while its Total Shareholder’s Equity was $11.13B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SHOP is Buy with a score of 4.13.

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