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Shopify (CH:SHOP)
:SHOP

Shopify (SHOP) Price & Analysis

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SHOP Stock Chart & Stats

Currently, no data available
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Bulls Say, Bears Say

Bulls Say
Broad-based GrowthSustained growth above 30% across revenue and GMV shows broad merchant demand rather than dependence on a single channel. Expansion across merchant sizes, geographies and channels can strengthen Shopify’s scale, support ecosystem adoption, and compound merchant-services revenue over the coming quarters.
Strong Cash GenerationFree cash flow that closely tracks earnings indicates Shopify’s reported profitability is supported by cash rather than mainly accounting items. This provides internal funding for product investment, AI development and international expansion while reducing reliance on external capital.
Merchant Retention And Platform DepthVery high retention among larger merchants supports durable customer relationships and recurring platform usage. Strong B2B growth further broadens Shopify’s addressable market, while successful merchant expansion can increase payments, software and other services revenue over time.
Bears Say
Gross Profit Mix PressureGross profit growing slower than revenue signals that faster expansion in Merchant Solutions may dilute near-term gross-margin progression relative to Subscription Solutions. If the mix persists, Shopify may need continued operating discipline and product efficiency gains to preserve earnings leverage.
Credit Loss ExposureScaling lending and capital products can deepen merchant monetization, but it also makes losses more sensitive to portfolio growth and credit performance. Rising exposure could consume more revenue and cash during weaker merchant conditions, creating a structural constraint on margin expansion.
Inconsistent Operating ProfitabilityThe gap between operating and net profitability makes underlying earnings power less consistent and harder to assess across periods. Historical margin volatility suggests that non-operating items and business-cycle effects may continue to influence results, limiting confidence in steady operating leverage.

Shopify News

SHOP FAQ

What was Shopify’s price range in the past 12 months?
Currently, no data Available
What is Shopify’s market cap?
Shopify’s market cap is CHF135.27B.
    When is Shopify’s upcoming earnings report date?
    Shopify’s upcoming earnings report date is Oct 22, 2026 which is in 37 days.
      How were Shopify’s earnings last quarter?
      Shopify released its earnings results on Aug 05, 2026. The company reported CHF0.347 earnings per share for the quarter, beating the consensus estimate of CHF0.332 by CHF0.015.
        Is Shopify overvalued?
        According to Wall Street analysts Shopify’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Shopify pay dividends?
          Shopify does not currently pay dividends.
          What is Shopify’s EPS estimate?
          Shopify’s EPS estimate is 0.38.
            How many shares outstanding does Shopify have?
            Shopify has 1,208,570,300 shares outstanding.
              What happened to Shopify’s price movement after its last earnings report?
              Shopify reported an EPS of CHF0.347 in its last earnings report, beating expectations of CHF0.332. Following the earnings report the stock price went same N/A.
                Which hedge fund is a major shareholder of Shopify?
                Currently, no hedge funds are holding shares in CH:SHOP
                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

                  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.

                  Shopify (SHOP) Earnings & Revenues

                  SHOP Company Deck

                  SHOP Earnings Call

                  Q2 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call highlighted broad, durable growth across GMV, revenue, gross profit and free cash flow, strong payments and international momentum, rapid adoption of AI products (Sidekick and Catalog) with measurable merchant impact, solid enterprise and B2B traction, and visible operating leverage. The main cautions were that agentic commerce is still small versus total GMV (early stage), gross profit growth is expected to lag revenue growth due to mix, and credit/capital products introduce scaling risk and loss exposure. On balance, the positives — especially consistent 30%+ growth across key metrics, expanding payments penetration, strong cohort retention, and accelerating AI-driven product adoption — materially outweigh the limited challenges discussed.View all CH:SHOP earnings summaries

                  SHOP Stock 12 Month Forecast

                  Average Price Target

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