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Shopify (SHOP) Stock Price, News & Analysis

Shopify logo
$155.52 +3.95 (+2.61%)
As of 03:52 PM Eastern

About Shopify Stock (NASDAQ:SHOP)

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Key Stats

Today's Range
$148.90
$155.53
50-Day Range
$107.68
$151.57
52-Week Range
$94.00
$182.19
Volume
8.01 million shs
Average Volume
10.87 million shs
Market Capitalization
$201.81 billion
P/E Ratio
105.08
Dividend Yield
N/A
Price Target
$170.72
Consensus Rating
Moderate Buy

Company Overview

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations. These include payment processing, shipping and fulfillment tools, financing programs for qualified merchants, a marketplace for third-party apps and themes, and APIs that let developers extend functionality. Enterprise customers can access premium-level features and support through Shopify’s higher-tier offerings.

The company traces its origins to a project by its founders to sell snowboards online and formally launched as Shopify in 2006. Shopify completed a public offering in 2015, and since then has expanded its product set and global reach to serve businesses of many sizes, from small independent merchants to large-scale brands operating in multiple countries. Shopify is headquartered in Ottawa, Ontario, Canada, and supports merchants around the world.

Shopify was co-founded by Tobias Lütke, Daniel Weinand and Scott Lake; Tobias Lütke is widely recognized as a long-standing leader associated with the company’s product and engineering direction. The company’s ecosystem emphasizes ease of use, extensibility through third-party developers and partners, and a broad suite of services that aim to reduce the operational complexity of running an online business.

AI Generated. May Contain Errors.

Shopify Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
69th Percentile Overall Score

SHOP MarketRank™: 

Shopify scored higher than 69% of companies evaluated by MarketBeat, and ranked 208th out of 595 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Shopify has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 3 strong buy ratings, 34 buy ratings, 8 hold ratings, and no sell ratings.

  • Upside Potential

    Shopify has a consensus price target of $170.72, representing about 10.2% upside from its current price of $154.92.

  • Amount of Analyst Coverage

    Shopify has been the subject of 26 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Shopify's stock forecast and price target.
  • Earnings Growth

    Earnings for Shopify are expected to grow by 22.14% in the coming year, from $1.40 to $1.71 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Shopify is 104.68, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Shopify is 104.68, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 75.20.

  • Price to Earnings Growth Ratio

    Shopify has a PEG Ratio of 3.21. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Shopify has a P/B Ratio of 15.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.05% of the float of Shopify has been sold short.
  • Short Interest Ratio / Days to Cover

    Shopify has a short interest ratio ("days to cover") of 3.84, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shopify has recently increased by 24.70%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Shopify does not currently pay a dividend.

  • Dividend Growth

    Shopify does not have a long track record of dividend growth.

  • News Sentiment

    Shopify has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 84 news articles for Shopify this week, compared to 9 articles on an average week.
  • Search Interest

    77 people have searched for SHOP on MarketBeat in the last 30 days. This is an increase of 51% compared to the previous 30 days.
  • MarketBeat Follows

    52 people have added Shopify to their MarketBeat watchlist in the last 30 days. This is an increase of 550% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Shopify insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    69.27% of the stock of Shopify is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Shopify's insider trading history.
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SHOP Stock News Headlines

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Shopify: Proving It Is The Gold Standard For E-Commerce
Why Shopify Stock Soared This Week
Shopify: The Next Era Of E-Commerce
Shopify logo displayed on a sign at a round reception desk in a modern office with city views.
Shopify's Quiet AI Strategy Could Be Its Biggest Advantage Yet
Jefferies upgraded Shopify to Buy with a $160 price target, citing its role in agentic commerce, ahead of an earnings report expected to show accelerating AI-driven orders.
See More Headlines

SHOP Stock Analysis - Frequently Asked Questions

Shopify's stock was trading at $160.97 at the beginning of the year. Since then, SHOP stock has decreased by 3.8% and is now trading at $154.92.

Shopify Inc. (NASDAQ:SHOP) announced its earnings results on Wednesday, August, 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. Shopify's quarterly revenue was up 33.7% on a year-over-year basis.

Shopify's stock split before market open on Wednesday, June 29th 2022.The 10-1 split was announced on Monday, April 11th 2022. The newly created shares were distributed to shareholders after the market closes on Tuesday, June 28th 2022. An investor that had 100 shares of stock prior to the split would have 1,000 shares after the split.

The following companies are subsidiaries of Shopify: 6 River Systems, Helpful, Handshake, Tictail, Return Magic, Oberlo, Tiny Hearts, and more.

Shopify (SHOP) raised $100 million in an initial public offering (IPO) on Thursday, May 21st 2015. The company issued 7,700,000 shares at a price of $12.00-$14.00 per share. Morgan Stanley, Credit Suisse and RBC Capital Markets acted as the underwriters for the IPO and Pacific Crest Securities, Raymond James and Canaccord Genuity were co-managers.

Top institutional investors of Shopify include PensionDanmark Pensionsforsikringsaktieselskab (0.02%), Franklin Street Advisors Inc. NC, Meadowbrook Wealth Management LLC and Assenagon Asset Management S.A..

Shares of SHOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

Last Earnings
8/05/2026
Today
8/10/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
IT Services
Sub-Industry
Internet Services & Infrastructure
Current Symbol
NASDAQ:SHOP
CIK
1594805
Fax
N/A
Employees
7,600
Year Founded
2006

Price Target and Rating

High Price Target
$200.00
Low Price Target
$130.00
Potential Upside/Downside
+10.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
45 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.48
Trailing P/E Ratio
104.87
Forward P/E Ratio
110.86
P/E Growth
3.21
Net Income
$1.23 billion
Net Margins
14.53%
Pretax Margin
17.64%
Return on Equity
12.58%
Return on Assets
10.94%

Debt

Debt-to-Equity Ratio
0.01
Current Ratio
5.35
Quick Ratio
5.35

Sales & Book Value

Annual Sales
$11.56 billion
Price / Sales
17.43
Cash Flow
$0.91 per share
Price / Cash Flow
170.50
Book Value
$10.33 per share
Price / Book
15.03

Miscellaneous

Outstanding Shares
1,297,660,000
Free Float
N/A
Market Cap
$201.41 billion
Optionable
Optionable
Beta
2.58

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This page (NASDAQ:SHOP) was last updated on 8/10/2026 by MarketBeat.com Staff.
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