Shopify (SHOP) Stock Price, News & Analysis

Company Overview

Shopify is a commerce technology company that provides tools for businesses to create and operate online stores. Its platform supports activities such as product management, order processing, payments, shipping, marketing and customer engagement.

Shopify also offers point-of-sale tools for merchants selling in person, connecting retail operations with online sales. Its services are used by businesses of varying sizes and are available to merchants in countries around the world.

Founded in 2006, Shopify is headquartered in Ottawa, Canada. The company was co-founded by Tobias Lütke, who serves as its chief executive officer.

Key Stats

• Today's Range: $147.12 to $150.11
• 50-Day Range: $126.60 to $179.22
• 52-Week Range: $94.00 to $180.88
• Volume: 4.84 million shs
• Average Volume: 10.23 million shs
• Market Capitalization: $192.04 billion
• P/E Ratio: 91.01
• Dividend Yield: N/A
• Price Target: $178.82
• Consensus Rating: Moderate Buy

Shopify Stock Analysis - MarketRank™

Shopify scored higher than 86% of companies evaluated by MarketBeat, and ranked 145th out of 593 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: 4.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Shopify has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 1 strong buy rating, 38 buy ratings, 10 hold ratings, and no sell ratings.

Upside Potential

Shopify has a consensus price target of $178.82, representing about 20.0% upside from its current price of $148.96.

Amount of Analyst Coverage

Shopify has been the subject of 24 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 26.53%

Earnings Growth

Earnings for Shopify are expected to grow by 26.53% in the coming year, from $1.47 to $1.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Shopify is 90.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Shopify is 90.85, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 44.98.

Price to Earnings Growth Ratio

Shopify has a PEG Ratio of 3.63. 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 15.03. 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

1.47% 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 2.59, 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 8.95%, 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: 2.8 / 5
• News Sentiment: 0.50

News Sentiment

Shopify has a news sentiment score of 0.50. 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 lower news sentiment than the 0.61 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 41 news articles for Shopify this week, compared to 8 articles on an average week.

Search Interest

Only 46 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

29 people have added Shopify to their MarketBeat watchlist in the last 30 days. This is an increase of 81% 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: 11/03/2026
• Today: 11/11/2026
• 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: $178.82
• High Price Target: $216.00
• Low Price Target: $130.00
• Potential Upside/Downside: +19.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 49 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.64
• Trailing P/E Ratio: 91.01
• Forward P/E Ratio: 80.25
• P/E Growth: 3.63
• Net Income: $1.23 billion
• Net Margins: 15.01%
• Pretax Margin: 17.87%
• Return on Equity: 14.03%
• Return on Assets: 12.34%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.86
• Quick Ratio: 4.86

Sales & Book Value

• Annual Sales: $14.17 billion
• Price / Sales: 13.56
• Cash Flow: $0.87 per share
• Price / Cash Flow: 171.05
• Book Value: $9.91 per share
• Price / Book: 15.06

Miscellaneous

• Outstanding Shares: 1,286,644,000
• Free Float: N/A
• Market Cap: $192.04 billion
• Optionable: Optionable
• Beta: 2.65