Investing $1,000 in Shopify 10 years ago would now be worth over $38,000.

From Yahoo Finance: 2025-04-05 09:45:00

Shopify is set to mark its 10th IPO anniversary, becoming Canada’s second-largest company with a market cap of over $126 billion. Investors who bought shares 10 years ago have seen significant gains, with a $1,000 investment now worth over $38,000 thanks to Shopify’s e-commerce platform and support ecosystem.

Despite a misstep with a failed shipping and fulfillment business, Shopify has returned to profitability, with net income reaching $2 billion in 2024. The stock sells at a 40% discount from its all-time high, but with revenue set to increase by mid-20s percentage this year, profits are expected to climb significantly.

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Read more at Yahoo Finance: If You’d Invested $1,000 in Shopify Stock 10 Years Ago, Here’s How Much You’d Have Today