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SHOP Stock Chart & Stats
C$160.46
C$2.60(1.65%)
At close: 4:00 PM EDT
C$160.46
C$2.60(1.65%)
Day’s Range― - ―
52-Week RangeC$129.01 - C$253.10
Previous CloseN/A
Volume1.30M
Average Volume (3M)1.94M
Market Cap
C$235.82B
Enterprise ValueC$207.37K
Total Cash (Recent Filing)C$5.75B
Total Debt (Recent Filing)C$179.13M
Price to Earnings (P/E)126.5
Beta2.61
Next Earnings
Aug 05, 2026EPS Estimate
0.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.04
Shares Outstanding1,219,581,000
10 Day Avg. Volume1,939,085
30 Day Avg. Volume1,938,443
Financial Highlights & Ratios
PEG Ratio-4.31
Price to Book (P/B)15.54
Price to Sales (P/S)17.78
P/FCF Ratio102.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$221.80Price Target Upside38.23% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
EPS Forecast (FY)2.59
Revenue Forecast (FY)C$20.62B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow GenerationShopify's sustained, multi-billion dollar FCF provides durable funding for product R&D, AI investment, and merchant incentives without relying on external financing. Strong cash coverage of interest and close tracking of FCF to net income improve balance sheet resilience and strategic optionality over cycles.
Very Conservative Balance SheetExtremely low leverage gives Shopify long-term flexibility to invest in platform expansion, absorb credit shocks from payments growth, pursue strategic M&A, and support merchant programs. A strong equity base and improving ROE reduce refinancing and solvency risk in downturns.
Platform Scale & Rapid AI AdoptionRapid AI adoption and large-scale product usage (Sidekick, custom apps, catalog) deepen merchant integration and increase monetization levers. Network effects from catalog, Shop App and payments create structural advantages that can raise conversion and stickiness across merchant sizes over time.
Bears Say
Rising Transaction & Loan LossesAs Shopify scales Payments and capital products, higher credit exposure materially pressures net margins and FCF conversion. Persistent or rising loss rates would require larger reserves, constrain profitability of Merchant Solutions, and force pricing or underwriting changes that could slow payments traction.
Escalating AI (LLM) Operating CostsGrowing AI usage raises variable model and infrastructure costs that can erode subscription gross margins if not offset by price or efficiency gains. Long-term margin sustainability depends on successful cost allocation, product monetization or improving model economics as customer AI usage scales.
Historical Margin And Cashflow VolatilityShopify's track record of sharp swings in profitability and cash flow indicates operational sensitivity to mix, nonrecurring items, and macro shifts. This variability complicates forecasting and capital planning, meaning returns and margin targets may be uneven across a 2–6 month horizon.
Shopify News
SHOP FAQ
What was Shopify Inc.’s price range in the past 12 months?
Shopify Inc. lowest stock price was C$129.01 and its highest was C$253.10 in the past 12 months.
What is Shopify Inc.’s market cap?
Shopify Inc.’s market cap is C$235.82B.
When is Shopify Inc.’s upcoming earnings report date?
Shopify Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 5 days.
How were Shopify Inc.’s earnings last quarter?
Shopify Inc. released its earnings results on May 05, 2026. The company reported C$0.503 earnings per share for the quarter, beating the consensus estimate of C$0.464 by C$0.039.
Is Shopify Inc. overvalued?
According to Wall Street analysts Shopify Inc.’s price is currently Undervalued.
Does Shopify Inc. pay dividends?
Shopify Inc. does not currently pay dividends.
What is Shopify Inc.’s EPS estimate?
Shopify Inc.’s EPS estimate is 0.56.
How many shares outstanding does Shopify Inc. have?
Shopify Inc. has 1,219,581,000 shares outstanding.
What happened to Shopify Inc.’s price movement after its last earnings report?
Shopify Inc. reported an EPS of C$0.503 in its last earnings report, beating expectations of C$0.464. Following the earnings report the stock price went down -15.626%.
Which hedge fund is a major shareholder of Shopify Inc.?
Currently, no hedge funds are holding shares in TSE:SHOP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Shopify Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
C$221.80 (38.23% Upside)
C$221.80 (38.23% Upside)
Blogger Sentiment
Bullish
TSE:SHOP Sentiment 94%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth C$114.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-6.82%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
5.38%
Trailing 12-Months
Company Description
Shopify Inc.
Shopify Inc. (SHOP) is a commerce technology company that provides a cloud-based platform for businesses to start, run, and scale online and offline retail operations. Its software enables merchants to create and manage storefronts, catalog and inventory, payments, checkout, shipping and fulfillment options, marketing tools, and analytics, and it supports sales across multiple channels such as online stores, mobile, social, marketplaces, and point-of-sale (POS). Shopify also offers a partner ecosystem (apps, themes, and experts) that extends platform functionality for merchants of varying sizes, including small businesses and larger enterprises.
SHOP Company Deck
SHOP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strongly positive operational and financial picture: very large GMV and revenue growth, robust free cash flow, rapid adoption and monetization of AI products (Sidekick, catalog, Campaigns), sizable payments and Shop Pay momentum, and broad strength across geographies, channels and merchant sizes, including enterprise wins. The primary negatives were manageable near‑term headwinds—rising transaction/credit losses as financial products scale, higher LLM costs as AI usage grows, normalization of a developer revenue‑share benefit, modest FX and tax impacts, and some regulatory/accounting changes. Overall, the highlights substantially outweigh the lowlights, indicating durable growth and a compounding platform advantage.View all TSE:SHOP earnings summariesSHOP Stock 12 Month Forecast
Average Price Target
C$221.80
▲(38.23% Upside)
Technical Analysis
Open Text
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