SHOP Stock Chart & Stats
$131.15
-$1.25(-1.17%)
At close: 4:00 PM EST
$131.15
-$1.25(-1.17%)
Day’s Range― - ―
52-Week Range$94.00 - $182.19
Previous CloseN/A
Volume2.37M
Average Volume (3M)7.90M
Market Cap
$159.71B
Enterprise Value$207.37K
Total Cash (Recent Filing)$5.75B
Total Debt (Recent Filing)$179.13M
Price to Earnings (P/E)120.9
Beta2.16
Next Earnings
Aug 05, 2026EPS Estimate
0.4Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.04
Shares Outstanding1,219,581,000
10 Day Avg. Volume6,986,095
30 Day Avg. Volume7,896,114
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$158.30Price Target Upside20.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering26
EPS Forecast (FY)1.83
Revenue Forecast (FY)$14.61B
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetExtremely low leverage and declining total debt give Shopify durable financial flexibility. This reduces insolvency and interest-rate risk, enabling sustained investment in products, payments and AI, and provides a buffer to weather macro downturns while funding strategic initiatives without relying on external capital.
Strong Free Cash FlowConsistent, growing FCF that closely tracks earnings (FCF ~0.99x net income) underpins sustainable reinvestment and optionality. Robust cash generation funds product R&D, payments scale and potential M&A, while covering interest and providing resilience against cyclical revenue swings without pressuring the balance sheet.
Large GMV Growth & Platform MonetizationSustained, broad-based GMV expansion signals durable merchant adoption and network effects. Combined with accelerating AI products, Shop Pay momentum and enterprise wins, Shopify’s platform captures more payments, services and app monetization—supporting multi-year revenue scaling and deeper merchant lock-in.
Bears Say
Profitability VolatilityShopify’s earnings and cash flow have swung materially across cycles, reducing predictability of margins and returns. This cyclicality can impair capital allocation decisions, make planning for enterprise customers harder, and increase reliance on management execution to sustain operating leverage through slower periods.
Rising Payment Credit LossesAs Shopify scales payments and financing, credit losses and loan defaults are rising, pressuring merchant‑solutions margins and requiring larger reserves. Higher loss rates can erode net take‑rates, necessitate tighter underwriting or capital, and raise regulatory and capital intensity as financial products become a larger revenue slice.
Rising AI Costs & Regulatory/accounting ShiftsGrowing AI usage drives material LLM compute costs that can reduce gross margins in Subscription and Merchant Solutions unless monetized. Concurrent accounting/regulatory changes (eg merchant cash advance treatment) and tax/FX shifts add reporting and execution risk, potentially compressing near‑term FCF and complicating comparability.
Shopify News
SHOP FAQ
What was Shopify Inc.’s price range in the past 12 months?
Shopify Inc. lowest stock price was $94.00 and its highest was $182.19 in the past 12 months.
What is Shopify Inc.’s market cap?
Shopify Inc.’s market cap is $159.71B.
When is Shopify Inc.’s upcoming earnings report date?
Shopify Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 15 days.
How were Shopify Inc.’s earnings last quarter?
Shopify Inc. released its earnings results on May 05, 2026. The company reported $0.352 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.022.
Is Shopify Inc. overvalued?
According to Wall Street analysts Shopify Inc.’s price is currently Undervalued.
Does Shopify Inc. pay dividends?
Shopify Inc. does not currently pay dividends.
What is Shopify Inc.’s EPS estimate?
Shopify Inc.’s EPS estimate is 0.4.
How many shares outstanding does Shopify Inc. have?
Shopify Inc. has 1,219,581,000 shares outstanding.
What happened to Shopify Inc.’s price movement after its last earnings report?
Shopify Inc. reported an EPS of $0.352 in its last earnings report, beating expectations of $0.33. Following the earnings report the stock price went down -15.617%.
Which hedge fund is a major shareholder of Shopify Inc.?
Currently, no hedge funds are holding shares in 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
Shopify Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$158.30 (20.70% Upside)
$158.30 (20.70% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 70%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 1.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $89.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 24.8%
Last 30 Days ▲ 24.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-2.51%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
5.38%
Trailing 12-Months
Company Description
Shopify Inc.
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.
SHOP Stock 12 Month Forecast
Average Price Target
$158.30
▲(20.70% Upside)
Technical Analysis
Open Text
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Ownership Overview
0.17% Insiders
20.50% Mutual Funds
0.49% Other Institutional Investors
63.83% Public Companies and Individual Investors