Wednesday, March 26, 2025

Why Shopify (SHOP) Is A Top Stock For The Long-Term

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If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns.

Ottawa, Canada-based Shopify Inc. is a leading global commerce platform that helps in starting, scaling, marketing, and running a business of any size. Its platform and services are engineered for simplicity and reliability, while delivering a better shopping experience for customers everywhere.

Since being added to the Zacks Focus List on September 6, 2022 at $29.94 per share, shares of SHOP have increased 266.8% to $109.82.

For fiscal 2025, seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $1.49. SHOP boasts an average earnings surprise of 22.1%.

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