Bullishcharts

Shopify Upside targets

Long
NYSE:SHOP   Shopify Inc.
Target prices = $463 $490 $540
P/E ratio =
Short interest = 4.11
Average Recommendation:Overweight Average Target Price:$369.16
12 BUY
02 OVERWEIGHT
11 HOLD
02 SELL

Company profile
Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The company's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. Shopify was founded by Tobias Albin Lütke, Daniel Weinand and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada.


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