Shopify Inc. (SHOP)
| Market Cap | 189.23B -7.2% |
| Revenue (ttm) | 14.17B +32.5% |
| Net Income | 2.13B +19.4% |
| EPS | 1.63 +20.5% |
| Shares Out | 1.29B |
| PE Ratio | 90.05 |
| Forward PE | 66.19 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,364,588 |
| Open | 147.23 |
| Previous Close | 146.78 |
| Day's Range | 144.57 - 150.71 |
| 52-Week Range | 94.00 - 180.88 |
| Beta | 2.66 |
| Analysts | Buy |
| Price Target | 177.29 (+20.53%) |
| Earnings Date | Nov 3, 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 55 analysts, the average rating for SHOP stock is "Buy." The 12-month stock price target is $177.29, which is an increase of 20.53% from the latest price.
News
Why Shopify Stock (SHOP) Could Fall Further After Its Q3 Sell-Off
Shopify ($SHOP) stock could fall further after its Q3 sell-off, in my view. The e-commerce software provider continues to impress me as a business. CFO Jeff Hoffmeister said, “Delivering these…
Shopify price target raised to $200 from $194 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Shopify (SHOP) to $200 from $194 and keeps a Buy rating on the shares. The stock fell after Q3 earnings beat as…
Shopify price target raised to $160 from $145 at UBS
UBS raised the firm’s price target on Shopify (SHOP) to $160 from $145 and keeps a Neutral rating on the shares.
Shopify price target raised to $165 from $160 at Bernstein
Bernstein raised the firm’s price target on Shopify (SHOP) to $165 from $160 and keeps an Outperform rating on the shares. The firm says the fundamentals continue to look good,…
Shopify price target lowered to $150 from $158 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Shopify (SHOP) to $150 from $158 and keeps a Neutral rating on the shares. Shopify delivered largely in-line Q3 revenue and gross…
Shopify price target lowered to $180 from $186 at Rosenblatt
Rosenblatt lowered the firm’s price target on Shopify (SHOP) to $180 from $186 and keeps a Buy rating on the shares after “mixed” Q3 results. While the firm’s Q4 operating…
Shopify price target lowered to $175 from $190 at Baird
Baird analyst Colin Sebastian lowered the firm’s price target on Shopify (SHOP) to $175 from $190 and keeps an Outperform rating on the shares. The firm updated its model following…
Shopify price target lowered to $205 from $208 at Wells Fargo
Wells Fargo lowered the firm’s price target on Shopify (SHOP) to $205 from $208 and keeps an Overweight rating on the shares. The firm revises 2027 operating expenses higher and…
Jefferies says ‘take advantage’ of Shopify weakness after Q3 report
Jefferies notes Shopify (SHOP) delivered 30% constant currency GMV growth in Q3, calling results “robust, but shy of lofty expectations.” While the stock reaction “makes sense in an unforgiving tech…
Shopify Stock (SHOP) Recovers After Earnings Scare
There are sings of slowing growth at the e-commerce company.
Shopify president Harley Finkelstein: Shopping through AI channels is 'growing quite quickly'
Shopify president Harley Finkelstein joins 'Squawk on the Street' to discuss the company's latest earnings report, artificial intelligence, and more.
Tuesday's First Moves: SHOP Sells After Earnings, ON Beats, BE Upgrade Rally
Shopify (SHOP) shares dropped 10% in the minutes after the opening bell following earnings. Diane King Hall explains why investors are skeptical on the ecommerce platform's growth story.
Shopify falls 9% after Q3 revenue and merchandise volume miss estimates
Shopify reported Q3 earnings before the bell on Tuesday. The e-commerce platform beat earnings expectations but posted revenue just below LSEG estimates.
Shopify stock's post-earnings decline is overdone: find out more
Shopify (SHOP) shares tumbled after its fiscal Q3 earnings this morning, with investors focusing on a modest revenue miss and slightly softer growth metrics. Yet beneath the market's knee-jerk reactio...
Morning Movers: Shopify plunges following third quarter results
Stock futures are mixed as investors weigh corporate earnings, renewed uncertainty surrounding the U.S.-Iran conflict and Election Day. Apple shares fell nearly 4% in pre-market trading after the comp...
Shopify files automatic mixed securities shelf
08:33 EST Shopify (SHOP) files automatic mixed securities shelf
Shopify Earnings Call Transcript: Q3 2026
Q3 revenue rose 32% to $3.7B, GMV grew 29.5% to $119B, and free cash flow margin reached 22%. Broad growth across regions and channels complemented expanding AI, offline, and B2B commerce.
Shopify Slides: Q3 2026
Shopify has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 3, 2026.
Shopify Earnings release: Q3 2026
Shopify released its Q3 2026 earnings on November 3, 2026, summarizing the period's financial results.
Shopify Earnings release: Q3 2026
Shopify released its Q3 2026 earnings on November 3, 2026, summarizing the period's financial results.
Shopify Quarterly report: Q3 2026
Shopify has published its Q3 2026 quarterly earnings report on November 3, 2026.
Shopify's stock slides after earnings. This is what's worrying Wall Street.
The company missed revenue expectations, a tough outcome in today's less forgiving tech market.
Shopify Stock Plunges. Slowing Merchandise Sales Flash a Warning Sign.
Shopify stock took a hit after the e-commerce company reported weaker-than-expected merchandise sales in the third quarter, raising questions about the sustainability of its rapid growth even as earni...
Shopify Stock (SHOP) Plunges Premarket Despite 32% Revenue Growth – Here’s Why
Canadian e-commerce company Shopify ($SHOP) stock is down over 14% in premarket trading today. The decline came despite the company reporting 32% year-over-year revenue growth to $3.74 billion in Q3.
Shopify Profit, Revenue Up as Merchant Volume Rises
The ecommerce company posted third-quarter net income of $462 million, or 36 cents a share, up from $264 million, or 20 cents a share, a year ago.