Shopify Class A Stock Price on December 31, 2023

SHOP Stock  USD 114.07  4.09  3.72%   
If you're considering investing in Shopify Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shopify stands at 114.07, as last reported on the 25th of June, with the highest price reaching 114.50 and the lowest price hitting 112.86 during the day. Shopify appears to be very steady, given 3 months investment horizon. Shopify Class A owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.059, which indicates the firm had a 0.059 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shopify Class A, which you can use to evaluate the volatility of the company. Please review Shopify's Coefficient Of Variation of 2045.81, risk adjusted performance of 0.0869, and Semi Deviation of 4.4 to confirm if our risk estimates are consistent with your expectations.
At this time, Shopify's Total Stockholder Equity is relatively stable compared to the past year. As of 06/25/2025, Common Stock Total Equity is likely to grow to about 7.4 B, while Capital Stock is likely to drop slightly above 7.4 B. . At this time, Shopify's Price To Sales Ratio is relatively stable compared to the past year. As of 06/25/2025, Price Earnings Ratio is likely to grow to 71.59, while Price To Free Cash Flows Ratio is likely to drop 81.88. Shopify Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
12.4913
Enterprise Value Ebitda
109.403
Price Sales
14.7675
Shares Float
1.2 B
Wall Street Target Price
115.2691

Shopify Valuation on December 31, 2023

It is possible to determine the worth of Shopify on a given historical date. On December 31, 2023 Shopify was worth 79.12 at the beginning of the trading date compared to the closed value of 77.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shopify stock. Still, in general, we apply an absolute valuation method to find Shopify's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shopify where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shopify's related companies.
 Open High Low Close Volume
  78.29    79.20    77.48    79.11    7,608,364  
12/29/2023
  79.12    79.73    77.25    77.90    9,527,249  
  76.44    76.63    72.91    73.83    13,134,770  
Backtest Shopify  |  Shopify History  |  Shopify Valuation   PreviousNext  
Open Value
79.12
77.9
Closing Value
93.43
Upside

Shopify Trading Date Momentum on December 31, 2023

On January 02 2024 Shopify Class A was traded for  73.83  at the closing time. The top price for the day was 76.63  and the lowest listed price was  72.91 . The trading volume for the day was 13.1 M. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 5.22% . The trading price change against the current closing price is 4.01% .

Shopify Class A Fundamentals Correlations and Trends

By evaluating Shopify's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shopify's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shopify financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shopify Stock history

Shopify investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shopify is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shopify Class A will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shopify stock prices may prove useful in developing a viable investing in Shopify
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 B1.2 B
Net Loss-3.1 B-3 B

Shopify Quarterly Net Working Capital

5.44 Billion

Shopify Stock Technical Analysis

Shopify technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Shopify technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shopify trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shopify Period Price Range

Low
June 25, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Shopify Class A cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Shopify June 25, 2025 Market Strength

Market strength indicators help investors to evaluate how Shopify stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shopify shares will generate the highest return on investment. By undertsting and applying Shopify stock market strength indicators, traders can identify Shopify Class A entry and exit signals to maximize returns

Shopify Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shopify's price direction in advance. Along with the technical and fundamental analysis of Shopify Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shopify to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Shopify Stock Analysis

When running Shopify's price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.