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SHOP Stock Chart & Stats
C$212.84
C$2.60(1.65%)
At close: 4:00 PM EDT
C$212.84
C$2.60(1.65%)
Day’s Range― - ―
52-Week RangeC$129.01 - C$255.95
Previous CloseN/A
Volume1.30M
Average Volume (3M)1.95M
Market Cap
C$308.42B
Enterprise ValueC$203.84B
Total Cash (Recent Filing)C$4.95B
Total Debt (Recent Filing)C$178.00M
Price to Earnings (P/E)113.8
Beta2.74
Next Earnings
Nov 03, 2026EPS Estimate
0.66Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.50
Shares Outstanding1,208,570,300
10 Day Avg. Volume1,860,027
30 Day Avg. Volume1,945,569
Financial Highlights & Ratios
PEG Ratio-4.31
Price to Book (P/B)15.52
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
C$248.02Price Target Upside16.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering32
EPS Forecast (FY)2.69
Revenue Forecast (FY)C$21.46B
Bulls Say, Bears Say
Bulls Say
Broad-based GrowthGrowth is broad across GMV, revenue, channels, geographies and merchant sizes, reducing reliance on one narrow demand source. Repeated 30%+ expansion supports continued platform investment, strengthens scale advantages, and provides a durable base for merchant-solutions growth.
Merchant Retention And Enterprise TractionHigh retention among larger merchants indicates Shopify can become deeply embedded in customers’ commerce operations. Strong B2B and enterprise adoption broadens the addressable market, supports recurring subscription revenue, and increases the opportunity to add payments and other services.
Balance Sheet And Cash GenerationVery low leverage gives Shopify substantial financial flexibility while reducing funding pressure during weaker periods. Cash generation that closely tracks earnings supports internal investment in products and growth, and provides resilience as the company expands its commerce and financial-services platform.
Bears Say
Gross Profit Mix PressureGross profit growth trailing revenue growth signals that mix toward Merchant Solutions can pressure margin progression even while sales expand rapidly. If this pattern persists, Shopify may need sustained efficiency gains to convert strong top-line growth into comparable operating-profit growth.
Credit And Capital Loss ExposureExpanding credit and capital products can deepen merchant relationships and revenue, but also makes results more sensitive to underwriting performance and borrower losses. As these offerings scale with transaction volume, loss rates could create a recurring drag on margins and cash generation.
Profitability VolatilityThe gap between operating and net profitability shows that reported earnings may not consistently reflect underlying operating performance. Historical volatility makes forecasting less dependable and could limit the pace at which management can reinvest cash while maintaining durable margin expansion.
Shopify News
SHOP FAQ
What was Shopify’s price range in the past 12 months?
Shopify lowest stock price was C$129.01 and its highest was C$255.95 in the past 12 months.
What is Shopify’s market cap?
Shopify’s market cap is C$308.42B.
When is Shopify’s upcoming earnings report date?
Shopify’s upcoming earnings report date is Nov 03, 2026 which is in 15 days.
How were Shopify’s earnings last quarter?
Shopify released its earnings results on Aug 05, 2026. The company reported C$0.589 earnings per share for the quarter, beating the consensus estimate of C$0.564 by C$0.025.
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 0.66.
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 C$0.589 in its last earnings report, beating expectations of C$0.564. Following the earnings report the stock price went up 16.47%.
Which hedge fund is a major shareholder of Shopify?
Currently, no hedge funds are holding shares in TSE: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
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$248.02 (16.53% Upside)
C$248.02 (16.53% Upside)
Blogger Sentiment
Bullish
TSE:SHOP Sentiment 69%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$143.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Bullish
Bullish news 78%
Bearish news 22%
Bearish news 22%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.27%
12-Months-Change
Fundamentals
Return on Equity
15.06%
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 TSE:SHOP earnings summariesSHOP Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
C$248.02
▲(16.53% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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