Shopify (SHOP) Stock Price, News & Analysis

Company Overview

Shopify Inc. is a commerce technology company that provides tools for businesses to start, operate and grow online and in physical retail environments. Its platform enables merchants to create and manage online stores, sell through multiple channels, process orders and payments, manage inventory and engage with customers.

Shopify’s products and services include its core commerce platform, Shopify Plus for larger businesses, Shopify Payments, Shop Pay, point-of-sale solutions and tools for marketing, shipping, analytics and customer management. The company also offers merchant services such as financing through Shopify Capital and business accounts through Shopify Balance in eligible markets.

Founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake, Shopify is headquartered in Ottawa, Canada, and serves merchants in countries around the world. Tobias Lütke serves as chief executive officer, while Harley Finkelstein is president of the company.

Key Stats

• Today's Range: $151.70 to $162.99
• 50-Day Range: $117.01 to $160.11
• 52-Week Range: $94.00 to $182.19
• Volume: 8.95 million shs
• Average Volume: 10.13 million shs
• Market Capitalization: $206.00 billion
• P/E Ratio: 108.18
• Dividend Yield: N/A
• Price Target: $172.00
• Consensus Rating: Moderate Buy

Shopify Stock Analysis - MarketRank™

Shopify scored higher than 75% of companies evaluated by MarketBeat, and ranked 187th out of 597 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Shopify has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 2 strong buy ratings, 36 buy ratings, 10 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Shopify is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Shopify has been the subject of 31 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 26.03%

Earnings Growth

Earnings for Shopify are expected to grow by 26.03% in the coming year, from $1.46 to $1.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shopify is 108.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.66.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shopify is 108.18, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 82.03.

Price to Earnings Growth Ratio

Shopify has a PEG Ratio of 3.13. 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 15.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.28% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Shopify has recently decreased by 11.13%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Shopify does not currently pay a dividend.

Dividend Growth

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

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.53

News Sentiment

Shopify has a news sentiment score of 0.53. 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 16 news articles for Shopify this week, compared to 8 articles on an average week.

Search Interest

58 people have searched for SHOP on MarketBeat in the last 30 days. This is an increase of 2% compared to the previous 30 days.

MarketBeat Follows

33 people have added Shopify to their MarketBeat watchlist in the last 30 days. This is an increase of 43% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

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.

Company Calendar

• Last Earnings: 8/05/2026
• Today: 10/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: IT Services
• Sub-Industry: Internet Services & Infrastructure
• Current Symbol: NASDAQ:SHOP
• CIK: 1594805
• Web: www.shopify.com
• Phone: (613) 241-2828
• Fax: N/A
• Employees: 7,600
• Year Founded: 2006

Price Target and Rating

• Average Price Target for Shopify: $172.00
• High Price Target: $200.00
• Low Price Target: $130.00
• Potential Upside/Downside: +7.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 48 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.48
• Trailing P/E Ratio: 108.18
• Forward P/E Ratio: 109.66
• P/E Growth: 3.13
• 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: $13.27 billion
• Price / Sales: 15.53
• Cash Flow: $0.94 per share
• Price / Cash Flow: 170.30
• Book Value: $10.33 per share
• Price / Book: 15.50

Miscellaneous

• Outstanding Shares: 1,286,644,000
• Free Float: N/A
• Market Cap: $206.00 billion
• Optionable: Optionable
• Beta: 2.62