Company profile SHOP

Shopify Inc
Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.
Quarter analysis & expected interestLast update: February 09 2024 01:47:40.

After 39 days of this quarter the interest is at 477.0. Based on that we can calculate that during remaining 52 days it will total up to 1113.0.
That appears to be equal to previous quarter and same quarter last year.

YearQ1Q2Q3Q4
2019211
388
83.9% QoQ
398
2.6% QoQ
474
19.1% QoQ
2020 549
160.2% YoY 15.8% QoQ
835
115.2% YoY 52.1% QoQ
1022
156.8% YoY 22.4% QoQ
876
84.8% YoY -14.3% QoQ
2021 868
58.1% YoY -0.9% QoQ
963
15.3% YoY 10.9% QoQ
831
-18.7% YoY -13.7% QoQ
721
-17.7% YoY -13.2% QoQ
2022 752
-13.4% YoY 4.3% QoQ
832
-13.6% YoY 10.6% QoQ
848
2.0% YoY 1.9% QoQ
951
31.9% YoY 12.1% QoQ
2023 954
26.9% YoY 0.3% QoQ
945
13.6% YoY -0.9% QoQ
1036
22.2% YoY 9.6% QoQ
1159
21.9% YoY 11.9% QoQ
2024 477
-50.0% YoY -58.8% QoQ
- - -
this symbol represents interest this quarter up to now and updates daily. For expected interest by the end of the quarter based on current trend see "Quarter analysis" above the table.
Correlation between past revenue and Shopify login search interestLast update: February 09 2024 01:47:39.
Correlation coefficient between keyword and revenue is 0.88
Interest value is multiplied to fit the chart properly. Correlation level is represented by Pearson correlation coefficient. Value closer to 1 represents higher level of correlation. Value closer to -1 represents inverted relationship. Value closer to 0 represents no relationship.
Analysis of YoY 5Y Google Trends Last update: February 09 2024 01:47:42.

The average 5 years interest of Shopify login was 61.65 per week.
The last year interest of Shopify login compared to the last 5 years has changed by 28.61%.
The interest for Shopify login is relatively stable and increasing in the last 5 years.
The last year interest is quite higher compared to 5 years ago. It has increased by 146.63%.

Google Trends widget for keyword preview might not work in your browser. If so, try Google Chrome
Quarter analysis & expected interestLast update: February 09 2024 01:47:45.

After 39 days of this quarter the interest is at 291.0. Based on that we can calculate that during remaining 52 days it will total up to 679.0.
That appears to be equal to previous quarter and same quarter last year.

YearQ1Q2Q3Q4
20199
27
200.0% QoQ
24
-11.1% QoQ
22
-8.3% QoQ
2020 54
500.0% YoY 145.5% QoQ
247
814.8% YoY 357.4% QoQ
218
808.3% YoY -11.7% QoQ
292
1227.3% YoY 33.9% QoQ
2021 277
413.0% YoY -5.1% QoQ
318
28.7% YoY 14.8% QoQ
409
87.6% YoY 28.6% QoQ
609
108.6% YoY 48.9% QoQ
2022 652
135.4% YoY 7.1% QoQ
600
88.7% YoY -8.0% QoQ
634
55.0% YoY 5.7% QoQ
795
30.5% YoY 25.4% QoQ
2023 711
9.0% YoY -10.6% QoQ
773
28.8% YoY 8.7% QoQ
757
19.4% YoY -2.1% QoQ
952
19.7% YoY 25.8% QoQ
2024 291
-59.1% YoY -69.4% QoQ
- - -
this symbol represents interest this quarter up to now and updates daily. For expected interest by the end of the quarter based on current trend see "Quarter analysis" above the table.
Correlation between past revenue and "Shop pay" + ShopPay search interestLast update: February 09 2024 01:47:45.
Correlation coefficient between keyword and revenue is 1.0
Interest value is multiplied to fit the chart properly. Correlation level is represented by Pearson correlation coefficient. Value closer to 1 represents higher level of correlation. Value closer to -1 represents inverted relationship. Value closer to 0 represents no relationship.
Analysis of YoY 5Y Google Trends Last update: February 09 2024 01:47:46.

The average 5 years interest of "Shop pay" + ShopPay was 33.22 per week.
The last year interest of "Shop pay" + ShopPay compared to the last 5 years has changed by 82.36%.
The interest for "Shop pay" + ShopPay is trending.
The last year interest is quite higher compared to 5 years ago. It has increased by 3442.69%.

Google Trends widget for keyword preview might not work in your browser. If so, try Google Chrome
Quarter analysis & expected interestLast update: February 09 2024 01:47:54.

After 39 days of this quarter the interest is at 460.0. Based on that we can calculate that during remaining 52 days it will total up to 1073.0.
That appears to be equal to previous quarter and same quarter last year.

YearQ1Q2Q3Q4
2019399
656
64.4% QoQ
678
3.4% QoQ
646
-4.7% QoQ
2020 691
73.2% YoY 7.0% QoQ
966
47.3% YoY 39.8% QoQ
967
42.6% YoY 0.1% QoQ
666
3.1% YoY -31.1% QoQ
2021 637
-7.8% YoY -4.4% QoQ
586
-39.3% YoY -8.0% QoQ
578
-40.2% YoY -1.4% QoQ
580
-12.9% YoY 0.3% QoQ
2022 883
38.6% YoY 52.2% QoQ
1003
71.2% YoY 13.6% QoQ
1058
83.0% YoY 5.5% QoQ
1058
82.4% YoY 0.0% QoQ
2023 1150
30.2% YoY 8.7% QoQ
1079
7.6% YoY -6.2% QoQ
1112
5.1% YoY 3.1% QoQ
1120
5.9% YoY 0.7% QoQ
2024 460
-60.0% YoY -58.9% QoQ
- - -
this symbol represents interest this quarter up to now and updates daily. For expected interest by the end of the quarter based on current trend see "Quarter analysis" above the table.
Correlation between past revenue and shopify apps + shopify app + shopify template + shopify templates search interestLast update: February 09 2024 01:47:52.
Correlation coefficient between keyword and revenue is 0.36
Interest value is multiplied to fit the chart properly. Correlation level is represented by Pearson correlation coefficient. Value closer to 1 represents higher level of correlation. Value closer to -1 represents inverted relationship. Value closer to 0 represents no relationship.
Analysis of YoY 5Y Google Trends Last update: February 09 2024 01:47:55.

The average 5 years interest of shopify apps + shopify app + shopify template + shopify templates was 65.03 per week.
The last year interest of shopify apps + shopify app + shopify template + shopify templates compared to the last 5 years has changed by 29.26%.
The interest for shopify apps + shopify app + shopify template + shopify templates is relatively stable and increasing in the last 5 years.
The last year interest is quite higher compared to 5 years ago. It has increased by 63.89%.

Google Trends widget for keyword preview might not work in your browser. If so, try Google Chrome
Useful links and data for SHOP
Latest articles

2026-05-14T15:20:18.000Z

TechCrunch
Khosla Ventures is betting $10M on Ian Crosby, whose last startup, Bench, imploded

2026-05-13T19:04:39Z

Analyst Upgrades
Affirm Unveils Aggressive Expansion Blueprint With AI Commerce In Focus

2026-05-13T19:04:31Z

Analyst Upgrades
Affirm Unveils Aggressive Expansion Blueprint

2026-05-06T23:01:29Z

Analyst Upgrades
Canaccord Genuity Maintains Buy on Shopify, Lowers Price Target to $145

2026-05-06T21:51:19Z

Analyst Upgrades
UBS Maintains Neutral on Shopify, Lowers Price Target to $130

2026-05-06T18:32:46Z

Analyst Upgrades
Citigroup Maintains Buy on Shopify, Lowers Price Target to $156

2026-05-06T17:03:48Z

Analyst Upgrades
Shopify Posts Strong Q1, Analyst Says Outlook Does Not Reflect Weakness In Fundamentals

2026-05-06T15:56:28Z

Analyst Upgrades
RBC Capital Reiterates Outperform on Shopify, Maintains $170 Price Target

2026-05-06T15:37:45Z

Analyst Upgrades
Barclays Maintains Equal-Weight on Shopify, Lowers Price Target to $126

2026-05-06T14:37:59Z

Analyst Upgrades
Citizens Maintains Market Outperform on Shopify, Lowers Price Target to $150

2026-05-06T14:29:07Z

Analyst Upgrades
Wells Fargo Maintains Overweight on Shopify, Lowers Price Target to $144

2026-05-06T12:27:12Z

Analyst Upgrades
DA Davidson Maintains Buy on Shopify, Lowers Price Target to $140

2026-05-05T19:06:26Z

Analyst Upgrades
Needham Reiterates Buy on Shopify, Maintains $180 Price Target

2026-05-05T11:33:58.393Z

Reuters
India's Shoppers Stop swings to Q4 loss as muted discretionary spending weighs

2026-05-05T11:00:00Z

GlobeNewswire
Shopify Delivers Again as Merchants Clear $100 Billion in Q1 GMV