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Is Shopify Inc (SHOP) Stock a Smart Investment Monday?

Monday, January 24, 2022 11:48 AM | InvestorsObserver Analysts

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Is Shopify Inc (SHOP) Stock a Smart Investment Monday?

Shopify Inc (SHOP) stock has fallen -33.71% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserver’s proprietary ranking system, gives SHOP stock a score of 27 out of a possible 100. That rank is primarily influenced by a long-term technical score of 12. SHOP's rank also includes a short-term technical score of 19. The fundamental score for SHOP is 49. In addition to the average rating from Wall Street analysts, SHOP stock has a mean target price of $1,684.12. This means analysts expect the stock to increase 110.67% over the next 12 months.

Overall Score - 27
SHOP has an Overall Score of 27. Find out what this means to you and get the rest of the rankings on SHOP!

What's Happening with SHOP Stock Today

Shopify Inc (SHOP) stock is down -9.38% while the S&P 500 has fallen -2.81% as of 11:45 AM on Monday, Jan 24. SHOP has fallen -$82.71 from the previous closing price of $882.12 on volume of 2,202,220 shares. Over the past year the S&P 500 has risen 10.87% while SHOP has fallen -33.71%. SHOP earned $26.82 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.56. Click Here to get the full Stock Report for Shopify Inc stock.

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