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)7.89M
Market Cap
$165.46B
Enterprise Value$203.84K
Total Cash (Recent Filing)$4.95B
Total Debt (Recent Filing)$178.00M
Price to Earnings (P/E)86.2
Beta2.37
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. Volume8,433,086
30 Day Avg. Volume7,890,891
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
$172.01Price Target Upside11.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering32
EPS Forecast (FY)1.9
Revenue Forecast (FY)$15.29B
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation And Low LeverageShopify is converting reported earnings into cash while maintaining very low leverage, giving it financial flexibility to invest in product development, AI and international expansion. This combination strengthens resilience and reduces the need to rely on external financing as the platform scales.
Broad-based, Durable GrowthGrowth is broad across merchant sizes, geographies and channels rather than concentrated in one temporary source. Sustained GMV expansion increases the base for payments and other merchant services, while recurring platform adoption can compound revenue as merchants grow.
High Merchant Retention And Enterprise ExpansionStrong retention among larger merchants supports durable recurring revenue and indicates that Shopify becomes more embedded as customer businesses scale. Rapid B2B growth and enterprise adoption also expand the addressable market and diversify growth beyond smaller merchants.
Bears Say
Gross Profit Growth Faces Mix PressureMerchant Solutions mix can cause gross profit to grow more slowly than revenue, limiting near-term operating leverage even when topline growth remains strong. Sustained mix pressure would make incremental sales less profitable and require continued efficiency gains to protect earnings quality.
Credit And Capital Losses May Scale With VolumeExpanding financial services can deepen merchant engagement, but it also exposes Shopify to higher losses as payment, capital and credit volumes increase. Greater lending exposure could make results more sensitive to merchant performance and reduce the predictability of margins and cash generation.
Profitability And Cash Flow Remain Cycle-sensitiveThe gap between operating profitability and net income, together with the prior period of negative operating and free cash flow, shows that earnings quality has not been uniformly consistent. This could constrain confidence in durable margins if business conditions weaken or non-operating effects fade.
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 $165.46B.
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Oct 22, 2026 which is in 33 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
Neutral
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$172.01 (11.78% Upside)
$172.01 (11.78% Upside)
Blogger Sentiment
Bullish
SHOP Sentiment 70%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $91.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-15.52%
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
$172.01
▲(11.78% Upside)
Technical Analysis
Open Text
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Ownership Overview
0.13% Insiders
20.69% Mutual Funds
25.50% Other Institutional Investors
38.30% Public Companies and Individual Investors