Added to YB: 2025-12-03
Pitch date: 2025-11-30
SHOP [neutral]
Shopify Inc.
-18.98%
current return
Author Info
Crack the Market is a portfolio manager helping you own equities you understand through institutional level research. Sign up for the newsletter.
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
$152.80
Price Target
N/A
Dividend
N/A
EV/EBITDA
76.90
P/E
126.29
EV/Sales
12.82
Sector
IT Services
Category
growth
Shopify: E-commerce giants & the rise of Agentic Commerce
SHOP (overview): E-commerce OS w/ 12% global market share, accelerating growth (Q1 27%→Q3 32% revenue growth), expanding FCF margins (15%→18%). $1.9T serviceable market (11% penetrated), top 10 payments provider, exclusive OpenAI partnership for agentic commerce. Trading 85-90x NTM PE vs growth profile.
Read full article (7 min)