Shopify (NASDAQ: SHOP) is still in the middle of its 2021 hangover, as shares are down 15% from all-time highs set during the COVID-19 pandemic stock market bubble. The stock is up over 100% in the last 12 months, but still has not eclipsed previous highs after going through a brutal drawdown in 2022. At the same time, business performance has been rock-solid if not stellar, as management keeps adding new commerce tools and attracting new businesses to join the platform.
With Shopify stock still down from all-time highs, should you buy shares in 2025 for your portfolio? Here’s what the numbers say.
As a software and payments provider for online businesses, Shopify has grown to dominate the North American market. Now, it is moving internationally.