Where Will Shopify Stock Be in 5 Years?
Growth keeps accelerating. But how much of the next five years is already in the price?
Overview
E-commerce platform Shopify (NASDAQ:SHOP) is doing something big companies rarely do: growing faster as it gets bigger. Gross merchandise volume (GMV), the dollar value of everything its merchants sell through the platform, grew 12% in 2022 and has accelerated every year since -- 20%, then 24%, then 29% in 2025. And 2026 is running faster still.
However, the stock hasn't followed the same line. It trades around $148 as of this writing, about 19% off its 52-week high of $182.19.
Details
Where will Shopify stock be in five years? I think it hinges on a few numbers the company reports every quarter -- how fast volume grows, how much of it Shopify keeps, and how much of that turns into cash. It also hinges on how much of all that is already in the price.
Source
Originally published at www.fool.com.