Shopify (SHOP) Stock Price, News & Analysis

Company Overview

Shopify Inc. is a leading commerce platform that enables businesses of all sizes to create, manage and scale online and in-person retail operations. Founded in 2006 and headquartered in Ottawa, Ontario, the company offers a subscription-based software solution that allows merchants to design customizable storefronts, process payments, handle shipping and fulfillment, and analyze sales performance through a unified interface.

The company’s core offering includes its online store platform, a point-of-sale (POS) system for brick-and-mortar retail, and integrated services such as Shopify Payments for seamless payment processing, Shopify Capital for funding solutions, and Shopify Markets for cross-border selling. An extensive app store and theme marketplace further allow merchants to extend functionality or tailor the look and feel of their storefronts with third-party integrations and bespoke designs.

Since its initial public offering in 2015 on the New York Stock Exchange and Toronto Stock Exchange, Shopify has expanded its global footprint, serving merchants in dozens of countries across North America, Europe, Asia Pacific and beyond. The company maintains offices in multiple international tech hubs, supporting a diverse customer base ranging from emerging direct-to-consumer brands to larger enterprises on its Shopify Plus tier.

Under the leadership of founder and CEO Tobias “Tobi” Lütke and President Harley Finkelstein, Shopify continues to invest in platform innovation, developer tools and merchant support services. The company’s roadmap emphasizes enhanced automation, artificial intelligence features and broader logistical partnerships to help sellers adapt to evolving retail trends.

Key Stats

• Today's Range: $144.92 to $147.97
• 50-Day Range: $112.11 to $154.90
• 52-Week Range: $65.86 to $156.85
• Volume: 5.73 million shs
• Average Volume: 10.06 million shs
• Market Capitalization: $190.82 billion
• P/E Ratio: 94.72
• Dividend Yield: N/A
• Price Target: $150.27
• Consensus Rating: Moderate Buy

Shopify Stock Analysis - MarketRank™

Shopify scored higher than 89% of companies evaluated by MarketBeat, and ranked 134th out of 651 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Shopify has received a consensus rating of Moderate Buy. The company's average rating score is 2.51, and is based on 24 buy ratings, 20 hold ratings, and 1 sell rating.

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 33 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 30.36%

Earnings Growth

Earnings for Shopify are expected to grow by 30.36% in the coming year, from $1.12 to $1.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shopify is 94.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 277.77.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shopify is 94.72, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 439.08.

Price to Earnings Growth Ratio

Shopify has a PEG Ratio of 4.82. 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 16.44. 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

1.70% 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 2.5, 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 8.42%, 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.

Sustainability and ESG

• Score: 1.8 / 5
• Environmental Score: -1.05

Percentage of Shares Shorted

1.70% 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 2.5, 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 8.42%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.36

News Sentiment

Shopify has a news sentiment score of 1.36. 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 is a higher news sentiment than the 0.71 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 29 news articles for Shopify this week, compared to 43 articles on an average week.

Search Interest

Only 78 people have searched for SHOP on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

46 people have added Shopify to their MarketBeat watchlist in the last 30 days. This is an increase of 70% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 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.

SHOP Stock Analysis - Frequently Asked Questions

How have SHOP shares performed this year?

Shopify's stock was trading at $106.33 at the start of the year. Since then, SHOP stock has increased by 38.1% and is now trading at $146.82.

How were Shopify's earnings last quarter?

Shopify Inc. (NYSE:SHOP) released its earnings results on Wednesday, August, 6th. The software maker reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.06. The company's revenue was up 31.1% compared to the same quarter last year.
Read the conference call transcript.

When did Shopify's stock split?

Shopify shares split on Wednesday, June 29th 2022.The 10-1 split was announced on Monday, April 11th 2022. The newly minted shares were issued 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.

Does Shopify have any subsidiaries?

Shopify subsidiaries include these companies: 6 River Systems, Helpful, Handshake, Tictail, Return Magic, Oberlo, Tiny Hearts, and others.

When did Shopify IPO?

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

Who are Shopify's major shareholders?

Shopify's top institutional investors include Vanguard Group Inc. (3.80%), Norges Bank (1.20%), Loomis Sayles & Co. L P (1.13%) and Arrowstreet Capital Limited Partnership (0.92%).

How do I buy shares of Shopify?

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.

What other stocks do shareholders of Shopify own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shopify investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Salesforce (CRM), PayPal (PYPL) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/06/2025
• Today: 9/05/2025
• Next Earnings (Estimated): 11/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:SHOP
• CIK: 1594805
• Web: www.shopify.ca
• Phone: (613) 241-2828
• Fax: N/A
• Employees: 11,600
• Year Founded: 2006

Price Target and Rating

• Average Price Target for Shopify: $150.27
• High Price Target: $195.00
• Low Price Target: $99.00
• Potential Upside/Downside: +1.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.51
• Research Coverage: 45 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.79
• Trailing P/E Ratio: 94.78
• Forward P/E Ratio: 131.72
• P/E Growth: 4.82
• Net Income: $2.02 billion
• Net Margins: 22.74%
• Pretax Margin: 25.09%
• Return on Equity: 12.00%
• Return on Assets: 9.79%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.71
• Quick Ratio: 3.71

Sales & Book Value

• Annual Sales: $10.01 billion
• Price / Sales: 19.15
• Cash Flow: $1.17 per share
• Price / Cash Flow: 125.56
• Book Value: $8.93 per share
• Price / Book: 16.52

Miscellaneous

• Outstanding Shares: 1,299,661,000
• Free Float: N/A
• Market Cap: $191.74 billion
• Optionable: Optionable
• Beta: 2.69