A discounted cash flow valuation of Shopify (SHOP -1.62%) stock suggests this e-commerce enabler is overvalued.
*Stock prices used were the afternoon prices of Dec. 3, 2024. The video was published on Dec. 5, 2024.
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How Much is Shopify Stock Really Worth?
By Parkev Tatevosian, CFA
–
Dec 6, 2024 at 2:13PM
NYSE: SHOP
Shopify
Market Cap
$140B
Today's Change
(-1.62%) -$1.78
Current Price
$108.18
Price as of December 27, 2024, 4:00 p.m. ET
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Shopify. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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