Shopify Earnings Estimate
| SHOP Stock | USD 58.77 0.74 1.28% |
Shopify |
Shopify Earnings Estimation Breakdown
The calculation of Shopify's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Shopify is estimated to be 0.2 with the future projection ranging from a low of 0.13 to a high of 0.25. Please be aware that this consensus of annual earnings estimates for Shopify is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.13 Lowest | Expected EPS | 0.25 Highest |
Shopify Earnings Projection Consensus
Suppose the current estimates of Shopify's value are higher than the current market price of the Shopify stock. In this case, investors may conclude that Shopify is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Shopify's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
| 29 | 36.16% | 0.2 | 0.2 | -0.16 |
Shopify Earnings per Share Projection vs Actual
Actual Earning per Share of Shopify refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Shopify predict the company's earnings will be in the future. The higher the earnings per share of Shopify, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Shopify Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Shopify, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Shopify should always be considered in relation to other companies to make a more educated investment decision.Shopify Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Shopify's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-08 | 2024-03-31 | 0.17 | 0.2 | 0.03 | 17 | ||
2024-02-13 | 2023-12-31 | 0.31 | 0.34 | 0.03 | 9 | ||
2023-11-02 | 2023-09-30 | 0.14 | 0.24 | 0.1 | 71 | ||
2023-08-02 | 2023-06-30 | 0.05 | 0.14 | 0.09 | 180 | ||
2023-05-04 | 2023-03-31 | -0.04 | 0.01 | 0.05 | 125 | ||
2023-02-15 | 2022-12-31 | -0.01 | 0.07 | 0.08 | 800 | ||
2022-10-27 | 2022-09-30 | -0.07 | -0.02 | 0.05 | 71 | ||
2022-07-27 | 2022-06-30 | 0.02 | -0.03 | -0.05 | 250 | ||
2022-05-05 | 2022-03-31 | 0.06 | 0.02 | -0.04 | 66 | ||
2022-02-16 | 2021-12-31 | 0.13 | 0.14 | 0.01 | 7 | ||
2021-10-28 | 2021-09-30 | 0.12 | 0.08 | -0.04 | 33 | ||
2021-07-28 | 2021-06-30 | 0.1 | 0.22 | 0.12 | 120 | ||
2021-04-28 | 2021-03-31 | 0.07 | 0.2 | 0.13 | 185 | ||
2021-02-17 | 2020-12-31 | 0.13 | 0.16 | 0.03 | 23 | ||
2020-10-29 | 2020-09-30 | 0.05 | 0.11 | 0.06 | 120 | ||
2020-07-29 | 2020-06-30 | 0.01 | 0.11 | 0.1 | 1000 | ||
2020-05-06 | 2020-03-31 | -0.02 | 0.02 | 0.04 | 200 | ||
2020-02-12 | 2019-12-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2019-10-29 | 2019-09-30 | 0.01 | 0.02 | 0.01 | 100 | ||
2019-08-01 | 2019-06-30 | 0.03 | 0.01 | -0.02 | 66 | ||
2019-04-30 | 2019-03-31 | -0.04 | 0.01 | 0.05 | 125 | ||
2019-02-12 | 2018-12-31 | 0.02 | 0.03 | 0.01 | 50 | ||
2018-10-25 | 2018-09-30 | -0.02 | 0.04 | 0.06 | 300 | ||
2018-07-31 | 2018-06-30 | -0.03 | 0.02 | 0.05 | 166 | ||
2018-05-01 | 2018-03-31 | -0.01 | 0.04 | 0.05 | 500 | ||
2018-02-15 | 2017-12-31 | 0.05 | 0.02 | -0.03 | 60 | ||
2017-10-31 | 2017-09-30 | -0.02 | 0.01 | 0.03 | 150 | ||
2017-08-01 | 2017-06-30 | -0.01 | -0.01 | 0.0 | 0 | ||
2017-05-02 | 2017-03-31 | -0.01 | -0.04 | -0.03 | 300 | ||
2017-02-15 | 2016-12-31 | -0.02 | -0.0995 | -0.0795 | 397 | ||
2016-11-02 | 2016-09-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2016-08-03 | 2016-06-30 | -0.01 | -0.04 | -0.03 | 300 | ||
2016-05-04 | 2016-03-31 | -0.01 | -0.01 | 0.0 | 0 | ||
2016-02-17 | 2015-12-31 | -0.01 | -0.01 | 0.0 | 0 | ||
2015-11-04 | 2015-09-30 | -0.01 | -0.03 | -0.02 | 200 | ||
2015-07-30 | 2015-06-30 | -0.01 | -0.03 | -0.02 | 200 |
About Shopify Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Shopify earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Shopify estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Shopify fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | -390 M | -370.5 M | |
| Earnings Yield | 0 | 0 | |
| Price Earnings Ratio | 756.31 | 794.13 | |
| Price Earnings To Growth Ratio | (7.27) | (6.91) |
Shopify Investors Sentiment
The influence of Shopify's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Shopify. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Shopify's public news can be used to forecast risks associated with an investment in Shopify. The trend in average sentiment can be used to explain how an investor holding Shopify can time the market purely based on public headlines and social activities around Shopify. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Shopify's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Shopify's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Shopify's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Shopify.
Shopify Implied Volatility | 175.75 |
Shopify's implied volatility exposes the market's sentiment of Shopify stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Shopify's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Shopify stock will not fluctuate a lot when Shopify's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Shopify in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Shopify's short interest history, or implied volatility extrapolated from Shopify options trading.
Currently Active Assets on Macroaxis
When determining whether Shopify is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shopify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shopify Stock. Highlighted below are key reports to facilitate an investment decision about Shopify Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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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.
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Is Shopify's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shopify. If investors know Shopify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shopify listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.858 | Earnings Share (0.16) | Revenue Per Share 5.773 | Quarterly Revenue Growth 0.234 | Return On Assets 0.031 |
The market value of Shopify is measured differently than its book value, which is the value of Shopify that is recorded on the company's balance sheet. Investors also form their own opinion of Shopify's value that differs from its market value or its book value, called intrinsic value, which is Shopify's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shopify's market value can be influenced by many factors that don't directly affect Shopify's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shopify's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shopify is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shopify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.