Both in Packaged Software
Shopify vs Snowflake
Over the past year SHOP returned −8.9% and SNOW returned +10.4%; their daily moves had a correlation of 0.46.
SHOP −8.9% SNOW +10.4%Growth of $1, one year, split-adjusted
| Metric | SHOP | SNOW |
|---|---|---|
| Price | $157.49 | $306.08 |
| Market cap | $202.63B | $107.99B |
| Today | −5.63% | −7.32% |
| 1 month | +5.6% | −10.5% |
| 6 months | +23.4% | +117.1% |
| Year to date | −2.2% | +39.5% |
| 1 year | −12.0% | +13.5% |
| Revenue growth (YoY) | +33.7% | +35.1% |
| Gross margin | 47.7% | 67.0% |
| Net margin | 41.9% | −12.4% |
| P/E (TTM) | 105.1× | — |
| Price / sales | 15.3× | 19.9× |
| Net cash | $4.95B | $60.7M |
| Dividend yield | — | — |
| Volatility (60d) | 48.8% | 54.7% |
| Short % of float | 1.8% | 5.4% |
| Next earnings | Nov 3, 2026 | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).