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Shopify: the valuation case

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Resumo:We start the coverage of Shopify with a Sell recommendation given our target price of $391.00corresponding a downside of 66% compared to the current price of $1180.00(as of May 20th2021).The market is overestimating Shopify’s external and internal opportunities. The launch of vaccines and low barriers to entry in the industry are likely to slow down the surging value of Shopify. Considering unrealistic expectations in high-tech stocks, Shopify’s value is expected to slow its growth pace, thus the SELL recommendation.
Autores principais:Murgia, Maria Elena
Assunto:Valuation Equity research E-commerce
Ano:2021
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso aberto
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
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author Murgia, Maria Elena
author_facet Murgia, Maria Elena
author_role author
contributor_name_str_mv Sá, Nuno Quartin Bastos de Vasconcelos e
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Murgia, Maria Elena\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Sá, Nuno Quartin Bastos de Vasconcelos e
RUN
datacite.creators.creator.creatorName.fl_str_mv Murgia, Maria Elena
datacite.date.Accepted.fl_str_mv 2021-06-29T00:00:00Z
datacite.date.available.fl_str_mv 2022-02-23T11:27:16Z
datacite.date.embargoed.fl_str_mv 2022-02-23T11:27:16Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Valuation
Equity research
E-commerce
datacite.titles.title.fl_str_mv Shopify: the valuation case
dc.contributor.none.fl_str_mv Sá, Nuno Quartin Bastos de Vasconcelos e
RUN
dc.creator.none.fl_str_mv Murgia, Maria Elena
dc.date.Accepted.fl_str_mv 2021-06-29T00:00:00Z
dc.date.available.fl_str_mv 2022-02-23T11:27:16Z
dc.date.embargoed.fl_str_mv 2022-02-23T11:27:16Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/133421
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Valuation
Equity research
E-commerce
dc.title.fl_str_mv Shopify: the valuation case
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_bdcc
description We start the coverage of Shopify with a Sell recommendation given our target price of $391.00corresponding a downside of 66% compared to the current price of $1180.00(as of May 20th2021).The market is overestimating Shopify’s external and internal opportunities. The launch of vaccines and low barriers to entry in the industry are likely to slow down the surging value of Shopify. Considering unrealistic expectations in high-tech stocks, Shopify’s value is expected to slow its growth pace, thus the SELL recommendation.
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funder_facet_str_mv FCT{{{_:::_}}}Fundação para a Ciência e a Tecnologia
funding.funder.alternateName_str_mv FCT
funding.funder.identifier_str_mv http://doi.org/10.13039/501100001871
funding.funder.name_str_mv Fundação para a Ciência e a Tecnologia
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inst_facet_str urn:organizationAcronym:unl{{{_:::_}}}Universidade Nova de Lisboa
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institution Universidade Nova de Lisboa
instname_str Universidade Nova de Lisboa
language eng
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organization_str_mv urn:organizationAcronym:unl
person_str_mv Murgia, Maria Elena
publishDate 2021
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reponame_str Repositório Institucional da UNL
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spelling engpt_PTWe start the coverage of Shopify with a Sell recommendation given our target price of $391.00corresponding a downside of 66% compared to the current price of $1180.00(as of May 20th2021).The market is overestimating Shopify’s external and internal opportunities. The launch of vaccines and low barriers to entry in the industry are likely to slow down the surging value of Shopify. Considering unrealistic expectations in high-tech stocks, Shopify’s value is expected to slow its growth pace, thus the SELL recommendation.application/pdfpt_PTShopify: the valuation caseMurgia, Maria ElenaSá, Nuno Quartin Bastos de Vasconcelos eHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:2027697202022-02-23T11:27:16Z2021-06-292021-05-212021-06-29T00:00:00ZHandlehttp://hdl.handle.net/10362/133421http://purl.org/coar/access_right/c_abf2open accessValuationEquity researchE-commerce1114659 bytesFundação para a Ciência e a TecnologiaNova School of Business and Economics6817 - DCRRNI IDCrossref Funder IDhttp://doi.org/10.13039/501100001871literaturehttp://purl.org/coar/resource_type/c_bdccmaster thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/cbae1893-7f8b-46b5-bf40-d0ddecd9ae7f/download
spellingShingle Shopify: the valuation case
Murgia, Maria Elena
Valuation
Equity research
E-commerce
status SINGLETON
subject.fl_str_mv Valuation
Equity research
E-commerce
title Shopify: the valuation case
title_full Shopify: the valuation case
title_fullStr Shopify: the valuation case
title_full_unstemmed Shopify: the valuation case
title_short Shopify: the valuation case
title_sort Shopify: the valuation case
topic Valuation
Equity research
E-commerce
topic_facet Valuation
Equity research
E-commerce
url http://hdl.handle.net/10362/133421
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