Shopify Inc. (SHOP)
| Market Cap | 191.77B +24.6% |
| Revenue (ttm) | 13.27B +32.5% |
| Net Income | 1.93B -17.8% |
| EPS | 1.48 -17.1% |
| Shares Out | 1.30B |
| PE Ratio | 121.46 |
| Forward PE | 64.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,358,206 |
| Open | 150.00 |
| Previous Close | 123.30 |
| Day's Range | 142.52 - 153.88 |
| 52-Week Range | 94.00 - 182.19 |
| Beta | 2.59 |
| Analysts | Buy |
| Price Target | 148.39 (+0.67%) |
| Earnings Date | Aug 5, 2026 |
About SHOP
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 StatementsAnalyst Summary
According to 51 analysts, the average rating for SHOP stock is "Buy." The 12-month stock price target is $148.39, which is an increase of 0.67% from the latest price.
News
Shopify move ‘well-justified’ after ‘incredible beat-and-raise,’ says TD Cowen
TD Cowen notes Shopify (SHOP) shares were up 23% pre-market after the company reported Q2 results that the firm calls “clean and remarkable,” as well as an “incredible beat-and-raise.” Q2…
Early Earnings Movers: SHOP, BKNG, ANET
Diane King Hall delivers the latest insights on several earnings movers, including Shopify (SHOP) which ripped to its highest levels since January. For Booking (BKNG), Diane examines the double beat f...
Shopify Stock Soars After ‘Monster Quarter'
Shopify just had what its president called a “monster quarter.” Its outlook for the current quarter doesn't look too shabby, either.
Shopify Earnings Call Transcript: Q2 2026
Q2 saw 32% GMV and 34% revenue growth, with strong international and enterprise momentum. AI-driven tools like Sidekick and Catalog are accelerating merchant success, while payments penetration and Shop Pay adoption continue to rise.
Shopify Earnings release: Q2 2026
Shopify released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Shopify Quarterly report: Q2 2026
Shopify has published its Q2 2026 quarterly earnings report on August 5, 2026.
Shopify Slides: Q2 2026
Shopify has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 5, 2026.
Shopify Profit Jumps as Subscriptions, Merchant Services Boost Revenues
Shopify posted a surge in second-quarter profit, driven by gains across both its subscription software and merchant services units.
Shopify Stock (SHOP) Soars 25% on ‘Monster’ Q2, Earnings Beat, Outlook
Shares of Shopify ($SHOP) jumped by 25% early Wednesday. This came after the Canadian e-commerce company reported a second-quarter earnings beat. It also guided for third-quarter sales above the Wall…
Shopify reports Q2 revenue $3.58B, consensus $3.44B
Reports Q2 GMV $115.57B. Reports Q2 MRR $221M. “This was a monster quarter: more than 30% growth in GMV AND revenue AND gross profit AND free cash flow,” said Harley…
Shopify sees Q3 revenue up low 30s percentage rate
Sees Q3 operating expenses 33%-34%.
Canada's Shopify forecasts quarterly revenue above estimates
Canada's Shopify , projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company's AI efforts were drawing more merchants to its suite of e-commerce servic...
Shopify Delivers Big: 30%+ Growth Across GMV, Revenue, Gross Profit, and Free Cash Flow
Internet, Everywhere, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Shopify (NASDAQ, TSX: SHOP) announced today financial results for the quarter ended June 30, 2026. Shopify achieved 34% revenue growth (33% in c...
Cathie Wood Buys CoreWeave (CRWV) and Circle (CRCL) Stocks Ahead of a Busy Earnings Week, Trims Stakes in Shopify, 8/1/2026
Cathie Wood doubled down on AI infrastructure in ARK Invest’s latest trades for Friday, July 31. According to the firm’s daily trade disclosure, ARK bought shares of CoreWeave ($CRWV) and…
TrustedSite's Trust Badge App Earns Built for Shopify Status
MIAMI--(BUSINESS WIRE)-- #AI--TrustedSite, the earned certification program that helps online businesses prove they are safe and legitimate, today announced that its trust badge app has earned Built f...
Three 'popular stocks' Cathie Wood has sold in July
As capital markets navigate mid-summer volatility, Cathie Wood's ARK Invest has been quietly repositioning its flagship portfolios. The growth-focused asset manager made headlines throughout July 2026...
Shopify price target lowered to $150 from $156 at Citi
Citi lowered the firm’s price target on Shopify (SHOP) to $150 from $156 and keeps a Buy rating on the shares. The firm adjusted targets in the application software space…
Morgan Stanley Analysts Say Sentiment Has Gotten ‘Too Negative' on Software Stocks. These Are Their Picks
A number of software stocks have had a tough time lately. That could leave some high-profile names primed for a rebound, according to Morgan Stanley.
Shopify Stock (SHOP) Is Downgraded Over ‘AI Threats’
The e-commerce company’s business is ripe for disruption.
Tuesday's Morning Movers: ADBE, WDAY & SHOP Downgrades, MMM Earnings
Diane King Hall discusses 3M (MMM) by highlights its earnings beat fiscal year guidance raise, which investors rewarded with a rally to start Tuesday's trading session. The same can't be said for Adob...
Shopify downgraded, Five Below upgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by…
META, SPCX, SHOP: Cathie Wood Pours Millions into SpaceX and Meta, Dumps Shopify Stock
Cathie Wood’s ARK Invest exchange-traded funds (ETFs) made several notable portfolio changes on Monday, July 20, according to the firm’s daily fund disclosures. The ace hedge fund manager continued po...
Shopify assumed with an Overweight at Morgan Stanley
Morgan Stanley analyst Adam Wood assumed coverage of Shopify (SHOP) with an Overweight rating and $192 price target Shopify owns “an enviable position” as a mission critical provider of ecommerce…
Meta and Shopify: Analyst Lifts Price Target on One Stock but Downgrades the Other
Meta’s (NASDAQ:META) new AI-driven opportunity is about to cause a lot of trouble for Shopify (NASDAQ:SHOP). So says Rothschild analyst Dominic Ball, who believes Meta’s launch of a “one-prompt entrep...
Shopify downgraded to Neutral from Buy at Rothschild & Co Redburn
Rothschild & Co Redburn downgraded Shopify (SHOP) to Neutral from Buy with a price target of $130, down from $160. The firm cites competition from Meta Platforms (META) for the…