Shopify Inc. (TSX:SHOP)
Canada · Delayed Price · Currency is CAD | Market Cap | 266.21B +17.2% |
| Revenue (ttm) | 18.84B +32.5% |
| Net Income | 2.74B -17.8% |
| EPS | 2.10 -17.1% |
| Shares Out | n/a |
| PE Ratio | 97.23 |
| Forward PE | 71.32 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,282,500 |
| Open | 206.15 |
| Previous Close | 206.42 |
| Day's Range | 203.25 - 213.06 |
| 52-Week Range | 129.01 - 253.10 |
| Beta | 2.59 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 5, 2026 |
About Shopify
Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and... [Read more]
Financial Performance
In 2025, Shopify's revenue was $11.56 billion, an increase of 30.14% compared to the previous year's $8.88 billion. Earnings were $1.23 billion, a decrease of -39.03%.
Financial numbers in USD Financial StatementsNews
Shopify price target raised to $145 from $127 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Shopify (SHOP) to $145 from $127 and keeps a Neutral rating on the shares. Shopify delivered a strong Q2 with GMV and…
Shopify price target raised to $180 from $144 at Wells Fargo
Wells Fargo raised the firm’s price target on Shopify (SHOP) to $180 from $144 and keeps an Overweight rating on the shares. The firm believes questions persist on opportunities to…
Shopify price target raised to $160 from $150 at Baird
Baird raised the firm’s price target on Shopify (SHOP) to $160 from $150 and keeps an Outperform rating on the shares. The firm updated its model following strong Q2 results.
Shopify price target raised to $200 from $140 at DA Davidson
DA Davidson raised the firm’s price target on Shopify (SHOP) to $200 from $140 and keeps a Buy rating on the shares. Shopify delivered another strong quarter with 34% year…
Shopify price target raised to $185 from $175 at Deutsche Bank
Deutsche Bank analyst Bhavin Shah raised the firm’s price target on Shopify (SHOP) to $185 from $175 and keeps a Buy rating on the shares.
Shopify price target raised to $175 from $159 at TD Cowen
TD Cowen raised the firm’s price target on Shopify (SHOP) to $175 from $159 and keeps a Buy rating on the shares. The firm said they posted another standout quarter,…
Shopify price target raised to $176 from $155 at Wedbush
Wedbush raised the firm’s price target on Shopify (SHOP) to $176 from $155 and keeps an Outperform rating on the shares. The firm notes Shopify continued to post strong gross…
Shopify price target raised to $170 from $145 at Benchmark
Benchmark raised the firm’s price target on Shopify (SHOP) to $170 from $145 and keeps a Buy rating on the shares after “a decisive beat-and-raise” in Q2. Published first on…
Shopify price target raised to $180 from $150 at Truist
Truist raised the firm’s price target on Shopify (SHOP) to $180 from $150 and keeps a Buy rating on the shares. Shopify delivered another exceptional quarter with strong revenue, GMV,…
Shopify price target raised to $145 from $127 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Shopify (SHOP) to $145 from $127 and keeps a Neutral rating on the shares. Shopify delivered a strong Q2 with above-consensus GMV…
Shopify price target raised to $165 from $160 at BMO Capital
BMO Capital raised the firm’s price target on Shopify (SHOP) to $165 from $160 and keeps an Outperform rating on the shares. The quarter supports the thesis that Shopify’s product…
Shopify price target raised to $180 from $150 at Mizuho
Mizuho raised the firm’s price target on Shopify (SHOP) to $180 from $150 and keeps an Outperform rating on the shares. The company reported a big Q2 beat with guidance…
Shopify price target raised to $180 from $170 at RBC Capital
RBC Capital analyst Paul Treiber raised the firm’s price target on Shopify (SHOP) to $180 from $170 and keeps an Outperform rating on the shares. Shopify shares rallied on stronger-than-expected…
Shopify price target raised to $180 from $145 at Canaccord
Canaccord raised the firm’s price target on Shopify (SHOP) to $180 from $145 and keeps a Buy rating on the shares. The firm said Shopify’s Q2 results were exceptional, even…
Shopify price target raised to $145 from $130 at UBS
UBS raised the firm’s price target on Shopify (SHOP) to $145 from $130 and keeps a Neutral rating on the shares. Shopify delivered a strong Q2 with stable growth despite…
Shopify price target raised to $196 from $150 at Citi
Citi raised the firm’s price target on Shopify (SHOP) to $196 from $150 and keeps a Buy rating on the shares. The firm views the company’s Q2 beat a “remarkable.”…
Shopify price target raised to $194 from $170 at Goldman Sachs
Goldman Sachs analyst Gabriela Borges raised the firm’s price target on Shopify (SHOP) to $194 from $170 and keeps a Buy rating on the shares.
Shopify price target raised to $185 from $150 at Citizens
Citizens raised the firm’s price target on Shopify (SHOP) to $185 from $150 and keeps an Outperform rating on the shares. Shopify reported a strong quarter with better-than-expected GMV growth,…
Shopify price target raised to $145 from $126 at Barclays
Barclays raised the firm’s price target on Shopify (SHOP) to $145 from $126 and keeps an Equal Weight rating on the shares following the earnings report. The firm says Shopify’s…
Shopify exec says AI is ushering in a 'golden age of entrepreneurship'
Shopify President Harley Finkelstein said AI is making it easier for entrepreneurs to launch and grow businesses, calling it the beginning of a "golden age of entrepreneurship." He said traffic and or...
Shopify price target raised to $180 from $150 at BofA
BofA raised the firm’s price target on Shopify (SHOP) to $180 from $150 and keeps a Buy rating on the shares. The key takeaway from the Q2 results is the…
Shopify's AI Traffic Triples as Shoppers Skip the Search Bar
The agentic shopping shift is most visible at Shopify. Artificial intelligence (AI)-referred traffic to Shopify stores tripled year over year in the second quarter, and orders through those AI channel...
Markets Midday: Record Highs For Dow and S&P 500, AMD Slumps Amid AI Worries, Shopify Soars 8-5-2026
The CNBC Business News Update with Peter Schacknow features market numbers & news with CNBC expert analysis and sound from top business names. Updated throughout the business day.
Shopify Q2 earnings: three broader signals that matter more than headline numbers
Shopify (SHOP) stock is soaring on Wednesday morning after the e-commerce giant posted market-beating Q2 earnings and issued impressive future guidance. For its second financial quarter, SHOP recorded...
Shopify says AI search is driving more traffic and sales, not replacing Google
E-commerce software maker Shopify seems to be benefiting handily from people using AI to search.