Stockideas

Shopify Inc
(NYSE:SHOP)
Shopify Inc

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products...
Founded: 2006
IPO date: 2015-05-21
IPO price: $17
Full Time Employees: 10,000
CEO / Founder: Tobias Lütke 
Sector: Technology
Industry: Software-Application
Next Earnings Date: 2023-02-15
Stock price: $43.025 (-0.86%)
shop
By: raspberry lazy guy   💬 31   
   on Nov 29, 2022

this was up 10% at a point today. so we still need to buy something online maybe that's why. $shop


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shop stock
By: bahnhopf Ich bin gut   💬 25   
   on Nov 28, 2022

when people are getting layoffs they would start looking into projects or something they can work on. I'd expect there's a small bump in the user count in the coming quarters when people are looking for options and is willing to risk a couple $$ a month and seek to grow their projects into something big. Besides, tech valuation is really not bad here if you ask me. $shop $wix $sqsp


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So undervalued
By: raspberry lazy guy   💬 31   
   on Nov 14, 2022

This one is soooooo undervalued. It helps small businesses grow and thrive even during Covid and hard to see a company growing so fast get beaten down like this. This is a good buying opportunity though. $shop


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Shopify letter to laid off employees
By: ssmlee04 Community Lead :))   💬 98   
   on Jul 30, 2022

https://news.shopify.com/changes-to-shopifys-team

Shopify has always been a company that makes the big strategic bets our merchants demand of us - this is how we succeed. Before the pandemic, ecommerce growth had been steady and predictable. Was this surge to be a temporary effect or a new normal? And so, given what we saw, we placed another bet: We bet that the channel mix - the share of dollars that travel through ecommerce rather than physical retail - would permanently leap ahead by 5 or even 10 years. We couldn’t know for sure at the time, but we knew that if there was a chance that this was true, we would have to expand the company to match. 
It’s now clear that bet didn’t pay off.

$shop


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Shopify Q2 Adj. EPS $(0.03) Misses $0.03 Estimate, Sales $1.29B Miss $1.71B Estimate
By: ssmlee04 Community Lead :))   💬 98   
   on Jul 27, 2022

Shopify Says Total Reported Revenue Growth Negatively Impacted By About 1.5 Percentage Points Due To Strengthening Of U.S. Dollar Vs Foreign Currencies

Shares down another 7% premarket. $SHOP


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This is probably gonna be a bad day for shopify stocks
By: ssmlee04 Community Lead :))   💬 98   
   on Oct 28, 2021

Shopfiy gmv is down, app # is down, ecosystem partners is down a bit. That's a sign of ecosystem saturation. Not sure I'd like to be a part of this maybe everything is already fully priced after rallying for a few years. $shop

https://i.imgur.com/wUIKiEp.jpg


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2020 SaaS review
By: ssmlee04 Community Lead :))   💬 98   
   on Jan 03, 2021

2020 is an interesting year for SaaS companies. Some of them went public and gained huge success in the stock market. Some of them continued their rally from 2016-2019 and have another great year. Some of them have greater success than the others because of their business models in the work-from-home environment. And there's a common thing for those SaaS companies, that is: those companies probably developed something people want.

The following is a list of the top 15 SaaS performers in our database in the last 250 days as of December 31, 2020. https://i.imgur.com/xL1w2F2.jpg

Some of the companies here are getting a lot of attention this year. Terminologies like Zoom Fatigue even appeared in the second quarter. It seems everyone was talking about Zoom at some point. And that's reasonable because Zoom is the clear winner in this video conferencing space. They keep your company operational by providing you a smooth video call user experience for your employees and your clients. There are literally companies built on top of Zoom calls that provide you remote journey experiences, and they do great because of Zoom and Covid.

https://i.imgur.com/KWx3Ea2.png

Cybersecurity is also something to worry about for companies in 2020. Intuitively, when companies are working remotely it would be harder for companies to safeguard their infrastructure. That's when companies like CrowdStrike or Zscalar or Okta come into play. Okta help companies manage their employees' access identities. Zscalar and CrowdStrike protect your web infrastructure using technologies to derive insights from your data and protect your infrastructure in real-time or near real-time.

Also when a lot of people are working remotely you'd expect Internet usage to go up. Cloudflare is a CDN company that help websites serve their requests fast. Fastly is also doing similar things in the video CDN space and helps companies like TikTok serve their videos. And as more people spend more time on their mobile devices those companies also do well. And to support those web requests you need companies like Twilio to send you SMS messages or phone calls, without Twilio you might not even able to login to your apps.

Also when people are staying at home people have more time to get creative. So maybe people start selling stuff on Shopify or Etsy or Pinterest or create websites on Wix. And at the same time, you have marketing companies like Facebook or TradeDesk or Digital Turbine to help you advertise your stuff on mobile devices. The success stories for those SaaS companies are inter-connected.

There are many other interesting SaaS companies that are not mentioned above. They are not in the top 15 maybe because they're not directly related to the stay-at-home trend, but that doesn't mean they're less interesting. As a software engineer, I have to use application monitoring services, database services, image compression and processing services, mailing services... and many others. This is what makes a modern software company functional. And as long as your company is growing you would continue to add and look for the best services for your company. And when more companies are becoming software companies I can imagine those SaaS companies to have a great future ahead.

A few things in common here for the companies on the list:

  • They grow REALLY fast. A lot of the companies on the list are growing 40-80% a year.
  • They all have really high gross profit margins.
  • They're traded at a very high valuation. A lot of them have a p/s ratio of 40-60.
  • The majority of them are losing money.
  • They don't pay dividends.

A possible explanation is that there are no clear winners in the space they're operating in, so they're doing whatever it takes to make sure they win in the long run. And of course that means they cannot afford to pay dividends. Also they're all traded at astronomical levels of valuations maybe because they have high profit margins, and the future for those companies are expected to be good.

Take DocuSign for example. They're one of the pioneers in e-signature. But e-signature is some sort of niche market. You may come up with another e-signature solution with a small team but by the time you have the solution in place you might already be spending millions achieving zero revenue while DocuSign might grow revenue another 40%. In the end there's just not enough market share for you to survive. So it would not be a good idea to copy DocuSign business model, this makes DocuSign (and all the SaaS companies) unique in a way.

If you look back at Amazon anytime in the past 20 years you'll see it's always traded at high multiples. It is still traded at high multiples today but would anyone complain that Amazon is too expensive? Probably not. Because now we know Amazon is dominating in any spaces they're operating in, we just couldn't see it 20 years ago. So maybe there's a correction between winning and being expensive and that's why all the cloud stocks are expensive because there's a chance all of them are dominating in their space in the next 5-10 years.

But, of course, being expensive does not mean the company would be successful eventually. But if you want to look for something good in the next 5-10 years there's a chance it's on the list but you just don't know it yet.

$ZS $DBX $ZUO $AYX $DOCU $SMAR $DOMO $SVMK $AVLR $TTD $PCOM $NOW $WDAY $PD $WORK $ZEN $TEAM $VEEV $CLDR $SHOP $FSLY $TWLO $ADBE $AAXN $CRM $OKTA $GOOG $DT $ZM $SPLK $WIX $COUP $MDLA $LPSN $APPN $EPAY $AKAM $APPS $FIVN $BL $PANW $PFPT $CRWD $DDOG $NET $HUBS $NEWR $APPF $RNG $ESTC $BILL $GDDY $DCT $ECOM $PLAN $SNOW $SUMO $FROG $ASAN $JAMF $ADSK


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List of companies that uses Cloudflare that might benefit from a coronavirus outbreak
By: ssmlee04 Community Lead :))   💬 98   
   on Mar 01, 2020

This is taken directly from their website: https://www.cloudflare.com/case-studies/

Among those companies there are companies that seems more interesting than the others in my opinion and might benefit from a potential coronavirus outbreak.

  • Upwork: in an outbreak there might be more outsourcing works.
  • Shopify, Hubspot: e-commerce might benefit from it when people had to stay home and surf the internet.
  • Zendesk: when people spend more time on the internet the demand for customer support service might increase.
  • 9gag, Reddit, Discord, Okcupid: social network might benefit from it.
  • Scotch, Udacity: people can't go to school so they spend more time learning stuff online.

Those seem to be companies that might benefit from an outbreak if there's one. Maybe that explains why Cloudflare movement is relatively strong this pat week.

$NET


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SHOP
By: bahnhopf Ich bin gut   💬 25   
   on Sep 11, 2019

Wanted to invest in Shopify. There are sayings they're disrupting retailing stores and have a chance to become the next Amazon.com. Let's wait for a bit of pullback and see how it going.


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Shop
By: jocelyn lazy guy   💬 13   
   on Jun 20, 2019

Today Shopfiy announced they are creating a service to connect their clients with the fulfillment centers for their customers. This is pretty awesome and appears to be useful for their customers. They're revolutionizing how you do retailing these days. Looking solid in the long run.


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it's in overbought area now
By: christopher lazy guy   💬 13   
   on Jun 05, 2019

If you look at the weekly chart you'll find a small black candle last week followed by multiple big white candles in the past few weeks. Also just notice this stock is already up like 150% in 2019 it will have to come down eventually and it can happen anytime soon. I can see this coming back to 230 area and retest very soon.


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