Shopify Inc (SHOP)

Currency in USD
168.81
-5.48(-3.14%)
Closed·
168.26-0.55(-0.32%)
·
Earnings results expected in 11 days
SHOP is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
165.41177.00
52 wk Range
94.00182.19
Key Statistics
Prev. Close
168.81
Open
174.43
Day's Range
165.41-177
52 wk Range
94-182.19
Volume
10.94M
Average Vol. (3m)
9.76M
1-Year Change
1.0657%
Book Value / Share
9.75
Fair Value
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Fair Value Upside
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SHOP Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
175.73
Upside
+4.10%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

Shopify Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

41 Buy
12 Hold
1 Sell
Ratings:
54 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 175.73
(+4.10% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
ATB Capital Markets
Hold---DowngradeOct 22, 2026
RBC Capital
Buy200.00+18.48%180.00MaintainOct 16, 2026
Baird
Buy190.00+12.55%160.00MaintainOct 14, 2026
Stifel
Buy210.00+24.40%180.00MaintainOct 14, 2026
JPMorgan
Buy200.00+18.48%185.00MaintainOct 06, 2026

Shopify Inc SWOT Analysis


Market Outlook
Analyst price targets range from $91 to $135, reflecting varied perspectives on Shopify's growth potential and market position
Financial Performance
Delve into Shopify's robust financial health, with revenue growth of 26.5% year-over-year and a gross profit margin of ~50%
Global Expansion
Discover how Shopify's international growth, particularly in Europe, is driving its market share and revenue, with GMV growth exceeding 20%
AI-Driven Innovation
Explore Shopify's strategic focus on AI integration, positioning the company as a leader in e-commerce innovation and efficiency improvements
Read full SWOT analysis

Shopify Inc Earnings Call Summary for Q2/2026

  • Shopify Q2 revenue rose 34% to $3.58B, beating estimates of $3.45B; EPS of $0.42 topped forecast of $0.40, driving shares up 17.89% to $145.35.
  • GMV surged 32% to $116B, marking fifth consecutive quarter above 30% growth; payments penetration reached 68%, up 3 percentage points year-over-year.
  • Free cash flow margin exceeded 18% while operating expenses improved to 34% of revenue, down nearly 4 percentage points from prior year, showing strong leverage.
  • AI-driven traffic and orders tripled year-over-year; company added major enterprise clients including Balmain, Guess, and e.l.f. Cosmetics to platform.
  • Q3 guidance projects low-30s% revenue growth with operating expenses at 33-34% of revenue; free cash flow margin expected in high teens to low 20s range.
Last Updated: 08/05/2026, 09:48 AM
Read Full Transcript
Shopify Inc investor slides for Q2/2026
Shopify Q2 2026 slides
Last Update: Aug 05, 2026
See full investor slides

Earnings

Latest Release
Aug 05, 2026
EPS / Forecast
0.42 / 0.40
Revenue / Forecast
3.58B / 3.45B
EPS Revisions
Last 90 days

SHOP Income Statement

Compare SHOP to Peers and Sector

Metrics to compare
SHOP
Peers
Sector
Relationship
P/E Ratio
112.7x52.2x11.8x
PEG Ratio
−6.610.100.01
Price / Book
17.1x5.2x2.4x
Price / LTM Sales
16.4x2.8x2.2x
Upside (Analyst Target)
4.1%24.3%44.7%
Fair Value Upside
Unlock12.6%8.5%Unlock

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is based in Ottawa, Canada.

Employees
7600

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
565.32M43.94%98.53B
Other Institutional Investors
348.08M27.05%60.67B
Public Companies & Retail Investors
373.24M29.01%65.05B
Total
1.29B100.00%224.25B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
Capital Research and Management Company7.68%98,874,91417,232,909
BlackRock, Inc.4.79%61,634,52310,742,281

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FAQ

What Is the Shopify Inc (SHOP) Stock Price Today?

The Shopify Inc stock price today is 168.81 USD.

What Stock Exchange Does Shopify Inc Trade On?

Shopify Inc is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Shopify Inc?

The stock symbol for Shopify Inc is "SHOP."

What Is the Shopify Inc Market Cap?

As of today, Shopify Inc market cap is 217.20B USD.

What Is Shopify Inc's Earnings Per Share (TTM)?

The Shopify Inc EPS (TTM) is 1.48.

When Is the Next Shopify Inc Earnings Date?

Shopify Inc will release its next earnings report on Nov 03, 2026.

From a Technical Analysis Perspective, Is SHOP a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Shopify Inc Stock Split?

Shopify Inc has split 1 times.

How Many Employees Does Shopify Inc Have?

Shopify Inc has 7600 employees.

What is the current trading status of Shopify Inc (SHOP)?

As of Oct 23, 2026, Shopify Inc (SHOP) is trading at a price of 168.81 USD, with a previous close of 168.81 USD. The stock has fluctuated within a day range of 165.41 USD to 177.00 USD, while its 52-week range spans from 94.00 USD to 182.19 USD.

What Is Shopify Inc (SHOP) Price Target According to Analysts?

The average 12-month price target for Shopify Inc is 175.73 USD, with a high estimate of 220 USD and a low estimate of 120 USD. 41 analysts recommend buying the stock, while 1 suggest selling, leading to an overall rating of Buy. The stock has an +4.10% Upside potential.

What Is the SHOP Premarket Price?

SHOP's last pre-market stock price is 168.26 USD. The pre-market share volume is 19,580.00, and the stock has decreased by -0.55, or -0.32%.

What Is the SHOP After Hours Price?

SHOP's last after hours stock price is 167.31 USD, the stock has decreased by -1.50, or -0.89%.
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