Professional
Added to YB: 2026-02-16
Pitch date: 2026-02-05
SHOP [neutral]
Shopify Inc.
+10.49%
current return
Author Info
No bio for this author
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
$112.05
Price Target
N/A
Dividend
N/A
EV/EBITDA
76.90
P/E
126.29
EV/Sales
12.82
Sector
IT Services
Category
growth
Rowan Street Capital Portfolio Holding: Shopify Inc.
SHOP (holding update): Initiated Q1 2022 after -60% drop from pandemic peak. Stock fell another -50% to 7x sales (from 50x) despite healthy growth & strengthening position. Management refocused on efficiency, grew revs mid-20s%, hit $1B+ op profit 2024. Returns driven by fundamentals not multiple expansion. +28% CAGR since buy, +51% in 2025. Best performer demonstrating patience through compression pays off.
Read full article (2 min)