SHOPN Stock Chart & Stats
$2628.00
$33.00(1.69%)
At close: 4:00 PM EDT
$2628.00
$33.00(1.69%)
Day’s Range― - ―
52-Week Range$1,625.00 - $3,340.00
Previous CloseN/A
Volume124.00
Average Volume (3M)3.30K
Market Cap
$3.17T
Enterprise Value$203.84K
Total Cash (Recent Filing)$4.95B
Total Debt (Recent Filing)$178.00M
Price to Earnings (P/E)90.0
Beta0.31
Next Earnings
Oct 22, 2026EPS Estimate
8.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.50
Shares Outstanding1,208,570,300
10 Day Avg. Volume696
30 Day Avg. Volume3,298
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
$2,918.09Price Target Upside11.04% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering31
EPS Forecast (FY)32.73
Revenue Forecast (FY)$261.62B
Bulls Say, Bears Say
Bulls Say
Broad-based GrowthShopify is sustaining growth across both transaction volume and revenue, supported by broad expansion across merchants, geographies, and channels. Continued momentum at this scale can reinforce ecosystem adoption, increase payment activity, and provide operating leverage over the next several quarters.
Financial FlexibilityVery low leverage and a substantial equity base give Shopify meaningful capacity to fund product investment and absorb weaker trading conditions without relying heavily on external financing. This financial flexibility supports continued innovation while reducing balance-sheet constraints on strategic execution.
Merchant Retention And Ecosystem DurabilityHigh retention among larger merchants and long-term cohort expansion indicate that Shopify can remain embedded as customers scale. Durable merchant relationships support recurring subscription revenue, greater payments adoption, and compounding services revenue rather than relying solely on new customer acquisition.
Bears Say
Gross Profit Mix PressureGross profit growing slower than revenue signals that mix toward Merchant Solutions may constrain margin expansion even while sales remain strong. If this pattern persists, Shopify may need continued efficiency gains to convert rapid volume growth into proportionate operating profit and cash generation.
Credit And Lending Loss ExposureExpanding credit and capital products can deepen merchant relationships, but rising loan volume also increases exposure to losses as the offering scales. These costs could weigh on Merchant Solutions profitability and make earnings more sensitive to merchant repayment performance over time.
Inconsistent Operating ProfitabilityThe gap between negative TTM operating margin and positive net margin indicates that reported earnings are not yet consistently supported by core operating profitability. Historical margin volatility adds uncertainty to the durability of earnings and makes future results more dependent on operating execution and non-operating items.
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 $3.17T.
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Oct 22, 2026 which is in 43 days.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Aug 05, 2026. The company reported $7.241 earnings per share for the quarter, beating the consensus estimate of $6.934 by $0.307.
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 8.06.
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 $7.241 in its last earnings report, beating expectations of $6.934. Following the earnings report the stock price went up 17.739%.
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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$2,918.09 (11.04% Upside)
$2,918.09 (11.04% Upside)
Blogger Sentiment
Bullish
MX:SHOPN Sentiment 72%
Sector Average 60%
Sector Average 60%
Insider Transactions
Sold Shares
Worth $1.6B over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.28%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-0.62%
Trailing 12-Months
Learn more about TipRanks Smart Score
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
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 MX:SHOPN earnings summariesSHOPN Stock 12 Month Forecast
Average Price Target
$2,918.09
▲(11.04% Upside)