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)9.62M
Market Cap
$165.64B
Enterprise Value$203.84K
Total Cash (Recent Filing)$4.95B
Total Debt (Recent Filing)$178.00M
Price to Earnings (P/E)86.4
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. Volume7,528,407
30 Day Avg. Volume9,617,208
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
$172.11Price Target Upside11.85% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering32
EPS Forecast (FY)1.92
Revenue Forecast (FY)$15.37B
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?
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 $165.64B.
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Oct 22, 2026 which is in 39 days.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Aug 05, 2026. The company reported $0.426 earnings per share for the quarter, beating the consensus estimate of $0.408 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 $0.426 in its last earnings report, beating expectations of $0.408. 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:
$172.11 (11.85% Upside)
$172.11 (11.85% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 71%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $95.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Very Bullish
Bullish news 91%
Bearish news 9%
Bearish news 9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.19%
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
$172.11
▲(11.85% Upside)
Technical Analysis
Open Text
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Constellation Software
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Lightspeed POS Inc
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Ownership Overview
0.13% Insiders
20.69% Mutual Funds
25.50% Other Institutional Investors
38.34% Public Companies and Individual Investors