- Entry
- $129.11
- Now
- $166.27 +28.8%
- Target
- —
- Score
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Shopify was trading at $94 on May 14. I put it on my watchlist and didn't buy it. Fourteen weeks later it's $149, that is 59% higher. So I did the full work on Shopify, because I keep seeing the same argument here: great business, impossible price. The business is genuinely accelerating: * Revenue grew 34% last quarter, and if you consider growth since 2015, there has been eleven straight years above 20% growth. Growth is supposed to decay with …
— ORIGINAL POST ·
I passed on Shopify at $94 and it's $149 fourteen weeks later. I did the full work to find out if I was wrong: P/E, FCF, Owner's Earnings it's still expensive.
· r/ValueInvesting
· Aug 28, 2026