SHIFT (3697.T) Stock Price

SHIFT Price

🇯🇵JPX·CLOSED
676.40JPY
Market closed
Today +/-
Today %

SHIFT (3697.T) Stock | ISIN JP3355400007 | WKN A12D58. The current SHIFT stock price is 676.4 JPY (2026). Revenue is 156.89 B JPY. Net income is 12.41 B JPY. The P/E ratio is 14.37. Market capitalization is 178.28 B JPY. SHIFT operates in the Information technology sector.

SHIFT stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of SHIFT over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how SHIFT stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing SHIFT's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

SHIFT Stock Price History
DateSHIFT Price
Access this data via the Eulerpool API

SHIFT Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2012
799 M JPY
69 M JPY
37 M JPY
Jan 1, 2013
1.31 B JPY
-77 M JPY
-93 M JPY
Jan 1, 2014
2.15 B JPY
124 M JPY
150 M JPY
Jan 1, 2015
3.29 B JPY
319.18 M JPY
195.34 M JPY
Jan 1, 2016
5.51 B JPY
517.83 M JPY
307.81 M JPY
Jan 1, 2017
8.17 B JPY
391.48 M JPY
208.69 M JPY
Jan 1, 2018
12.79 B JPY
1.2 B JPY
368.24 M JPY
Jan 1, 2019
19.53 B JPY
1.54 B JPY
970.49 M JPY
Jan 1, 2020
28.71 B JPY
2.35 B JPY
1.65 B JPY
Jan 1, 2021
46 B JPY
3.99 B JPY
2.82 B JPY
Jan 1, 2022
64.87 B JPY
6.91 B JPY
4.97 B JPY
Jan 1, 2023
88.03 B JPY
11.57 B JPY
6.25 B JPY
Jan 1, 2024
110.63 B JPY
10.54 B JPY
5.13 B JPY
Jan 1, 2025
129.82 B JPY
15.63 B JPY
8.94 B JPY
Invalid Date
156.89 B JPY
0 JPY
12.41 B JPY

SHIFT Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 11, 2026, 10:20 PM
 
REVENUE (B JPY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B JPY)
NET INCOME (B JPY)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
202120222023202420252026e2027e2028e
4664.8788.03110.63129.82156.89183.99218.45
60.2341.0235.725.6717.3520.8617.2718.73
30.2432.5334.0231.9634.6828.6924.4720.61
13.9121.129.9435.3645.0245.0245.0245.02
2.824.976.255.138.9412.4115.3218.8
7176.5125.55-17.974.2738.8423.4722.77
263.76264.82264.62264.15263.57263.57263.57263.57
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales SHIFT generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue SHIFT retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare SHIFT's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares SHIFT has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against SHIFT's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

SHIFT stock margins

The SHIFT margin analysis displays the gross margin, EBIT margin, as well as the profit margin of SHIFT. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for SHIFT.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2012
37.42 %
8.64 %
4.63 %
Jan 1, 2013
28.89 %
-5.87 %
-7.09 %
Jan 1, 2014
32.03 %
5.76 %
6.97 %
Jan 1, 2015
32.69 %
9.71 %
5.94 %
Jan 1, 2016
30.75 %
9.39 %
5.58 %
Jan 1, 2017
27.88 %
4.79 %
2.55 %
Jan 1, 2018
30.42 %
9.39 %
2.88 %
Jan 1, 2019
31.83 %
7.89 %
4.97 %
Jan 1, 2020
31.17 %
8.2 %
5.74 %
Jan 1, 2021
30.24 %
8.68 %
6.13 %
Jan 1, 2022
32.53 %
10.66 %
7.67 %
Jan 1, 2023
34.02 %
13.14 %
7.09 %
Jan 1, 2024
31.96 %
9.52 %
4.63 %
Jan 1, 2025
34.68 %
12.04 %
6.88 %
Invalid Date
34.68 %
0 %
7.91 %

SHIFT Stock Revenue, EBIT, Earnings per Share

The SHIFT earnings per share therefore indicates how much revenue SHIFT has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2012
5.65 JPY
0.49 JPY
0.26 JPY
Jan 1, 2013
7.64 JPY
-0.45 JPY
-0.54 JPY
Jan 1, 2014
11.41 JPY
0.66 JPY
0.8 JPY
Jan 1, 2015
14.24 JPY
1.38 JPY
0.85 JPY
Jan 1, 2016
23.63 JPY
2.22 JPY
1.32 JPY
Jan 1, 2017
35.02 JPY
1.68 JPY
0.89 JPY
Jan 1, 2018
54.69 JPY
5.13 JPY
1.57 JPY
Jan 1, 2019
80.65 JPY
6.36 JPY
4.01 JPY
Jan 1, 2020
112.52 JPY
9.22 JPY
6.46 JPY
Jan 1, 2021
174.42 JPY
15.15 JPY
10.69 JPY
Jan 1, 2022
244.98 JPY
26.11 JPY
18.78 JPY
Jan 1, 2023
332.67 JPY
43.7 JPY
23.6 JPY
Jan 1, 2024
418.81 JPY
39.89 JPY
19.41 JPY
Jan 1, 2025
492.54 JPY
59.29 JPY
33.9 JPY
Invalid Date
595.26 JPY
0 JPY
47.07 JPY

SHIFT business model & stock analysis

Shift Inc is a US-based company headquartered in San Francisco, California. It was founded in 2013 by George Arison, Christian Ohler, Minnie Ingersoll, and Chris Heimann, and specializes in the field of used car brokerage. The idea behind the company came from the founders' personal experience. They found that buying and selling used cars often comes with problems and uncertainties. The founders decided to simplify and modernize this market by creating a platform that allows customers to quickly and easily sell or buy used cars. Shift's business model is based on the brokerage of used cars. Customers can have their vehicle evaluated on Shift's website and receive an offer within minutes. If they accept the offer, Shift picks up the vehicle and handles the entire sales process, including refunding the purchase price. Shift also offers customers a warranty for the sold vehicles, which is valid for a limited time after the purchase. The company collaborates with a number of insurance companies for this. In addition to selling used cars, Shift also offers a range of services for customers looking for a new vehicle. The company compares offers from different dealers and helps its customers find the vehicle that best suits their needs. Shift also offers financing options for vehicle purchases. The company has continuously evolved in recent years and now has multiple business areas. One of them is the online marketplace for used cars. Here, customers can evaluate and sell their vehicles for free. Another business area of Shift is online brokerage of car insurance. On Shift's website, customers can compare various car insurance options and select one tailored to their needs. Shift has also partnered with Uber to make it easier for drivers to buy used vehicles. The program offers financing solutions for vehicle purchases, as well as insurance and maintenance services. The company has achieved a high growth rate in recent years and is now active in several US cities. It has received funding from several prominent investors, allowing it to expand its business further. Overall, Shift is an innovative company that aims to simplify and modernize the used car market. With its versatile offerings and sophisticated online system, it has quickly established itself as one of the industry leaders.

SHIFT SWOT Analysis

Strengths

Shift Inc has a highly skilled and experienced team of professionals.

The company has a strong reputation in the industry for delivering high-quality products.

Shift Inc offers a wide range of innovative solutions to meet customer needs.

Weaknesses

The company is heavily dependent on a few key clients for a significant portion of its revenue.

Shift Inc lacks a strong online presence, which makes it difficult to reach new customers.

The company's internal communication and coordination can be improved to enhance efficiency.

Opportunities

There is a growing demand for Shift Inc's products and services in emerging markets.

Expanding into new industries and sectors can diversify the company's client base.

The advancement of technology presents opportunities for Shift Inc to develop new solutions.

Threats

Increased competition in the industry poses a threat to Shift Inc's market share.

Economic downturns can negatively impact customer spending and reduce demand for the company's offerings.

Rapid technological advancements may make Shift Inc's current products and services obsolete.

SHIFT Eulerpool Fair Value

SHIFT historical P/E ratio, EBIT multiple, and P/S ratio

SHIFT annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

SHIFT shares outstanding

The number of shares was SHIFT in 2025 — This indicates how many shares 263.569 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2012
141.34 M base_Shares
Jan 1, 2013
171.64 M base_Shares
Jan 1, 2014
188.51 M base_Shares
Jan 1, 2015
230.94 M base_Shares
Jan 1, 2016
233.23 M base_Shares
Jan 1, 2017
233.38 M base_Shares
Jan 1, 2018
233.91 M base_Shares
Jan 1, 2019
242.18 M base_Shares
Jan 1, 2020
255.17 M base_Shares
Jan 1, 2021
263.76 M base_Shares
Jan 1, 2022
264.82 M base_Shares
Jan 1, 2023
264.62 M base_Shares
Jan 1, 2024
264.15 M base_Shares
Jan 1, 2025
263.57 M base_Shares
Invalid Date
263.57 M base_Shares
Price targets and forecasts for SHIFT are not yet available.

SHIFT Earnings Estimates

SHIFT Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/8/2024160.58JPY28.41 BJPY2024 Q2
1/12/202487.04JPY26.11 BJPY2024 Q1

EESG©

Eulerpool ESG Scorecard© for the SHIFT stock

42/100
14
Environment
47
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain463.22
Total CO₂ emissions1,042.07
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

SHIFT shareholder structure

% Name
31.92557%
Tange (Masaru)
Tange (Masaru)
5.65957%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
Sumitomo Mitsui Trust Asset Management Co., Ltd.
5.32118%
Capital Research Global Investors
Capital Research Global Investors
3.23615%
Goldman Sachs Asset Management International
Goldman Sachs Asset Management International
3.08792%
Goldman Sachs Asset Management Co., Ltd.
Goldman Sachs Asset Management Co., Ltd.
2.50718%
J.P. Morgan Securities plc
J.P. Morgan Securities plc
2.21312%
Nomura Asset Management Co., Ltd.
Nomura Asset Management Co., Ltd.
1.91871%
Rheos Capital Works Inc.
Rheos Capital Works Inc.
1.70236%
Nikko Asset Management Co., Ltd.
Nikko Asset Management Co., Ltd.
1.63568%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
...

SHIFT Executives and Management Board

MT

Mr. Masaru Tange

(50)

President, Chief Executive Officer, Representative Director · since 2005

Compensation108 M JPY
MS

Mr. Michio Sasaki

(67)

Chairman of the Board · since 2018

YS

Mr. Yosuke Sugahara

Senior Executive Officer, Chief Director of Human Resources, Deputy Chief Director of First Business

TH

Mr. Toshiaki Hosoda

Senior Executive Officer, Chief Director of Second Business

TK

Mr. Tsuyoshi Kimura

(57)

Executive Officer, Chief Director of Sales Promotion

SHIFT Supply Chain

Frequently asked questions about SHIFT

Shift Inc is a technology company that operates an online marketplace for buying and selling used cars. The company's business model is centered around providing a convenient and transparent platform that connects sellers and buyers, eliminating the traditional dealership model. Users can sell their cars quickly and efficiently, while prospective buyers can browse and purchase vehicles with confidence, aided by detailed inspections, vehicle history reports, and financing options. Shift Inc's innovative approach leverages advanced technology and data analytics to streamline the car buying and selling process, offering a seamless experience for automotive enthusiasts.

All fundamentals and in-depth analysis of SHIFT

Our stock analysis for SHIFT Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SHIFT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.