Shopify Inc.
SHOP
NASDAQ·Technology·Software - Application·Mkt cap $200.3B
$153.75
▼ -0.37%
P/E
103.19
Mkt Cap
$200.3B
52-Wk Range
$94.00–$182.19
52-Week Range
$94.00 - $182.19
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 10.3% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
5 reasons
- Largest app ecosystem with 10,000+ third-party integrations
- Multi-channel selling capabilities across web, mobile, social, and physical retail
- Strong network effects from merchant community and developer ecosystem
- Integrated payment processing reducing friction and increasing margins
- Global infrastructure supporting merchants in 175+ countries
Bear Case
2 risks
- High volatility (beta 2.6). Larger-than-normal price swings expected.
- Extreme premium - high expectations embedded
Growth
Moderate growth ahead
Accelerating e-commerce adoption and digital transformation
Value
Extreme premium - high expectations embedded
Momentum
Hot
+44.8% over 3m
Quality
Strong
Strong fundamentals
Dividend
None
No dividend
Smart-money signal
Who's buying SHOP right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Nov 3, 2026
AUG 5, 2026
Reported EPS of $0.42 vs $0.40 consensus (+5.7% surprise). Revenue of $3.5B vs $3.4B expected (+4.2%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+5.7%
Revenue trend · last 8Q
—
—
+27%
+31%
+32%
+31%
+34%
+34%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$2.2B
$2.8B
$2.4B
$2.7B
$2.8B
$3.7B
$3.2B
$3.6B
Margins · last 8Q
Gross
47.7%
Operating
13.6%
Profit
41.9%
Wall Street consensus
18 analysts · 72% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
72%
Hold
28%
Sell
0%
Median Price Target
—
Latest: Wells Fargo · Aug 7, 2026
vs Industry
How SHOP stacks vs Software - Application
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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