SHOPN Stock Chart & Stats
$1985.00
$33.00(1.69%)
At close: 4:00 PM EDT
$1985.00
$33.00(1.69%)
Day’s Range― - ―
52-Week Range$1,625.00 - $3,340.00
Previous CloseN/A
Volume124.00
Average Volume (3M)1.45K
Market Cap
$2.63T
Enterprise Value$207.37K
Total Cash (Recent Filing)$5.75B
Total Debt (Recent Filing)$179.13M
Price to Earnings (P/E)113.7
Beta0.46
Next Earnings
Aug 05, 2026EPS Estimate
6.96Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.04
Shares Outstanding1,219,581,000
10 Day Avg. Volume879
30 Day Avg. Volume1,450
Financial Highlights & Ratios
PEG Ratio-4.31
Price to Book (P/B)15.54
Price to Sales (P/S)17.78
P/FCF Ratio102.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$2,721.53Price Target Upside37.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
EPS Forecast (FY)31.96
Revenue Forecast (FY)$254.95B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow StrengthConsistently strong operating and free cash flow (TTM ~$2.1B) provides durable internal funding for product investment, AI rollout, and working capital. High cash coverage of interest (~4.3x) and FCF tracking net income (~0.99x) support capital flexibility across cycles.
Very Low LeverageExtremely low net leverage gives Shopify long-term financial optionality: ability to fund strategic investments, absorb cyclical GMV swings, pursue M&A, and sustain product development without debt-driven constraints, reducing refinancing and solvency risk.
Platform Growth & AI MoatRapid adoption of AI tools (Sidekick) and a 1B+ product catalog deepen data-driven network effects: higher conversion from catalog searches, more merchant Campaigns, and stronger payments volume. This reinforces multi-product monetization and long-term platform defensibility.
Bears Say
Earnings & Cash VolatilityHistoric swings in profitability and cash flow show Shopify's results can be materially cyclical and sensitive to non-recurring items or mix shifts. This inconsistency can complicate multi-period planning, capital allocation and raises execution risk during macro stress.
Rising Credit/loan LossesAs payments and lending products scale, growing transaction and loan losses elevate credit risk and provisioning needs. Persistent loss rate increases could compress net margins, force tighter underwriting, or slow payments expansion into new geographies.
Escalating AI/LLM CostsWider deployment of LLM-driven features increases compute and inference costs that hit gross margins. Without commensurate pricing, efficiency gains, or improved unit economics, rising LLM expenses may erode the gross-profit leverage from AI adoption over the medium term.
Shopify News
SHOPN FAQ
What was Shopify’s price range in the past 12 months?
Shopify lowest stock price was $1625.00 and its highest was $3340.00 in the past 12 months.
What is Shopify’s market cap?
Shopify’s market cap is $2.63T.
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Aug 05, 2026 which is tomorrow.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on May 05, 2026. The company reported $6.223 earnings per share for the quarter, beating the consensus estimate of $5.718 by $0.505.
Is Shopify overvalued?
According to Wall Street analysts Shopify’s price is currently Undervalued.
Does Shopify pay dividends?
Shopify does not currently pay dividends.
What is Shopify’s EPS estimate?
Shopify’s EPS estimate is 6.96.
How many shares outstanding does Shopify have?
Shopify has 1,219,581,000 shares outstanding.
What happened to Shopify’s price movement after its last earnings report?
Shopify reported an EPS of $6.223 in its last earnings report, beating expectations of $5.718. Following the earnings report the stock price went down -16.881%.
Which hedge fund is a major shareholder of Shopify?
Currently, no hedge funds are holding shares in MX:SHOPN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Shopify Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$2,721.53 (37.10% Upside)
$2,721.53 (37.10% Upside)
Blogger Sentiment
Bullish
MX:SHOPN Sentiment 94%
Sector Average 63%
Sector Average 63%
Insider Transactions
Sold Shares
Worth $1.4B over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.82%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
5.38%
Trailing 12-Months
Company Description
Shopify
Headquartered in Ottawa, Canada, Shopify Inc. is a global commerce company established in 2004. Operating across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America, it delivers a comprehensive platform and suite of services designed to empower merchants. This robust platform allows businesses to showcase, manage, market, and sell their products through a diverse array of channels, including online and mobile storefronts, brick-and-mortar stores, temporary pop-up locations, social media integrations, dedicated mobile applications, buy buttons, and various online marketplaces. Beyond sales, Shopify's ecosystem supports merchants in managing inventory, processing transactions, handling order fulfillment and shipping, cultivating customer relationships, sourcing products, leveraging advanced analytics, overseeing financial operations, and accessing capital. The company further enhances its offerings with custom themes, applications, and domain name registration services. Its merchant solutions specifically encompass payment processing, streamlined shipping and fulfillment, and secure access to working capital. Prior to its current name, adopted in November 2011, the company was known as Jaded Pixel Technologies Inc.
SHOPN Company Deck
SHOPN Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and financial picture: very large GMV and revenue growth, robust free cash flow, rapid adoption and monetization of AI products (Sidekick, catalog, Campaigns), sizable payments and Shop Pay momentum, and broad strength across geographies, channels and merchant sizes, including enterprise wins. The primary negatives were manageable near‑term headwinds—rising transaction/credit losses as financial products scale, higher LLM costs as AI usage grows, normalization of a developer revenue‑share benefit, modest FX and tax impacts, and some regulatory/accounting changes. Overall, the highlights substantially outweigh the lowlights, indicating durable growth and a compounding platform advantage.View all MX:SHOPN earnings summariesSHOPN Stock 12 Month Forecast
Average Price Target
$2,721.53
▲(37.10% Upside)