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SHOP PS Ratio data by YCharts. The chart above reflects the change in Shopify's stock price between Thanksgiving 2023 (Nov. 23, 2023) and Jan. 31, 2024. As you can see, shares of Shopify rose ...
Months earlier, the stock would hit its highest closing price ever at $169.06. ... (PEG ratio) of 1.1, Shopify can be a good long-term buy at its current price for investors who are willing to ...
Shopify's (NYSE: SHOP) business today is booming as much as it was during the lock-down phases of the pandemic -- and Wall Street has noticed. The commerce platform's stock soared 48% through ...
The stock is also trading just below the analyst community's consensus 12-month price target of $119.70. Moreover, nearly half of those analysts rate the stock as a mere "hold" at this time.
[3] As of 2024, Shopify hosts 5.6 million active stores across more than 175 countries. [4] According to the company's yearly financial report for 2023, its total revenue reached $7.1 billion, and Gross Merchandise Volume (GMV) increased 20% to $235.9 billion over the prior year. [5] Shopify is the second largest publicly traded Canadian ...
Consider stepping into a stake in Shopify (NYSE: ... and boosting free cash flow from $276 million during the third quarter of last year to $421 million for the three-month stretch ending in ...
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