SHOP Stock Chart & Stats
$153.88
$10.01(8.80%)
At close: 4:00 PM EDT
$153.88
$10.01(8.80%)
Day’s Range― - ―
52-Week Range$94.00 - $182.19
Previous CloseN/A
Volume2.88M
Average Volume (3M)9.61M
Market Cap
$171.90B
Enterprise Value$203.84K
Total Cash (Recent Filing)$4.95B
Total Debt (Recent Filing)$178.00M
Price to Earnings (P/E)87.2
Beta2.35
Next Earnings
Oct 22, 2026EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.50
Shares Outstanding1,208,570,300
10 Day Avg. Volume8,649,893
30 Day Avg. Volume9,614,927
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
$172.08Price Target Upside11.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering32
EPS Forecast (FY)1.9
Revenue Forecast (FY)$15.29B
Bulls Say, Bears Say
Bulls Say
Broad-based GrowthGrowth is broad across GMV, revenue, international, offline, B2B and payments rather than concentrated in one channel. Sustained momentum at this scale can deepen merchant adoption, expand Shopify’s commerce network, and support compounding usage-based revenue over the next several quarters.
Strong Balance Sheet And Cash GenerationVery low leverage gives Shopify substantial financial flexibility to invest in product development, AI and international expansion without relying heavily on external financing. Strong cash conversion also indicates that recent earnings are supported by internally generated funds, improving resilience and funding capacity.
Durable Merchant RetentionHigh retention among larger merchants supports recurring subscription revenue and creates a durable base for additional payments, B2B and commerce-service adoption. Strong enterprise expansion and growing merchant scale can reinforce Shopify’s ecosystem, switching benefits and long-term monetization.
Bears Say
Mix-driven Gross Profit PressureGross profit growing slower than revenue indicates that mix toward Merchant Solutions can dilute near-term gross profit expansion. If usage-based services continue to represent more activity, Shopify may need sustained efficiency gains and pricing or product improvements to preserve operating leverage.
Credit And Capital Loss ExposureExpanding credit and capital products can increase merchant monetization, but it also exposes Shopify to rising losses as volumes grow. Larger lending activity may make results more sensitive to merchant repayment performance, requiring disciplined underwriting and careful risk management.
Cyclical Cash Flow And Uneven ProfitabilityRecent cash generation is strong, but the 2022 downturn shows that operating and free cash flow can weaken materially during adverse periods. Inconsistent operating profitability and volatile historical margins make the durability of reported earnings less certain across a full business cycle.
Shopify News
SHOP FAQ
What was Shopify’s price range in the past 12 months?
Shopify lowest stock price was $94.00 and its highest was $182.19 in the past 12 months.
What is Shopify’s market cap?
Shopify’s market cap is $171.90B.
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Oct 22, 2026 which is in 36 days.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Aug 05, 2026. The company reported $0.424 earnings per share for the quarter, beating the consensus estimate of $0.406 by $0.018.
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 0.47.
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 $0.424 in its last earnings report, beating expectations of $0.406. Following the earnings report the stock price went up 16.983%.
Which hedge fund is a major shareholder of Shopify?
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:
$172.08 (11.83% Upside)
$172.08 (11.83% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 70%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $87.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.19%
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.
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 SHOP earnings summariesSHOP Stock 12 Month Forecast
Average Price Target
$172.08
▲(11.83% Upside)
Technical Analysis
Open Text
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Ownership Overview
0.13% Insiders
20.69% Mutual Funds
25.50% Other Institutional Investors
38.37% Public Companies and Individual Investors