Shopify Inc. (SHOP)

CA — Technology Sector
Peers: APP  UBER  CRM  NOW  INTU  ANET  SAP  LRCX  QCOM  AMAT 

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Key Metrics & Ratings

  • symbol SHOP
  • Rev/Share 8.2273
  • Book/Share 9.6121
  • PB 13.7509
  • Debt/Equity 0.0891
  • CurrentRatio 3.9336
  • ROIC 0.0827

 

  • MktCap 172103637990.0
  • FreeCF/Share 1.4699
  • PFCF 90.0622
  • PE 96.5015
  • Debt/Assets 0.0741
  • DivYield 0
  • ROE 0.1507

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 2
  • P/B Score 1
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade SHOP Arete Neutral Buy -- -- Feb. 2, 2026
Upgrade SHOP Scotiabank Sector Perform Sector Outperform -- -- Jan. 8, 2026
Downgrade SHOP Wolfe Research Outperform Peer Perform -- -- Jan. 6, 2026
Initiation SHOP BNP Paribas Exane -- Neutral -- -- Nov. 24, 2025
Resumed SHOP TD Securities -- Hold -- $156 Oct. 3, 2025
Downgrade SHOP Arete Buy Neutral -- -- July 23, 2025
Downgrade SHOP Loop Capital Buy Hold -- $120 July 22, 2025
Initiation SHOP Needham -- Buy -- $135 July 14, 2025
Upgrade SHOP CapitalOne Equal Weight Overweight -- -- May 8, 2025
Initiation SHOP BMO Capital Markets -- Outperform -- $120 May 6, 2025

News

Shopify gears up for strong 2025 finish as analysts eye margins and AI strategy
SHOP
Published: February 03, 2026 by: Proactive Investors
Sentiment: Positive

Shopify Inc (TSX:SH., NYSE:SHOP) is expected to end 2025 on solid footing, with Jefferies forecasting strong fundamentals and disciplined spending as the e-commerce platform prepares to release its fourth-quarter results later this month.

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image for news Shopify gears up for strong 2025 finish as analysts eye margins and AI strategy
Market Indexes Bounce Back to Start a New Trading Week
AMD, DIS, MRK, NXPI, PEP, PLTR, PYPL, SHOP
Published: February 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Improved Manufacturing data joined another strong tranche of Q4 earnings reports today.

Read More
image for news Market Indexes Bounce Back to Start a New Trading Week
These software stocks could rise as much as 75%. But is now the time to buy?
ASML, IGV, NICE, NOW, SHOP, SNDK, TWLO
Published: February 02, 2026 by: Market Watch
Sentiment: Positive

ServiceNow, Shopify and Twilio are stocks that appear to stand out in this beaten-down sector, but some believe it's too soon to buy.

Read More
image for news These software stocks could rise as much as 75%. But is now the time to buy?
Shopify Stock Could Extend a Bounce Off This Trendline
SHOP
Published: February 02, 2026 by: Schaeffers Research
Sentiment: Positive

Shopify Inc (NASDAQ:SHOP) stock's January pullback hit a nearly six-month low on Friday.

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image for news Shopify Stock Could Extend a Bounce Off This Trendline
Sell Shopify Stock At $130?
SHOP
Published: February 02, 2026 by: Forbes
Sentiment: Negative

Shopify (SHOP) stock has dropped by 22.1% in under a month, from $168.45 on January 6, 2026, to $131.23 currently. What is the next step?

Read More
image for news Sell Shopify Stock At $130?
Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
SHOP
Published: January 30, 2026 by: Zacks Investment Research
Sentiment: Positive

Shopify (SHOP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
LYFT vs. SHOP: Which Stock Is the Better Value Option?
LYFT, SHOP
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Neutral

Investors with an interest in Internet - Services stocks have likely encountered both Lyft (LYFT) and Shopify (SHOP). But which of these two stocks offers value investors a better bang for their buck right now?

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image for news LYFT vs. SHOP: Which Stock Is the Better Value Option?
Netalico Promoted to Shopify Premier Partner While Driving Agentic Commerce Adoption
SHOP
Published: January 27, 2026 by: Business Wire
Sentiment: Neutral

MIAMI--(BUSINESS WIRE)-- #ecommerce--Netalico has been promoted to Shopify Premier Partner following a long track record of complex replatforming work with mid-market and enterprise brands. The designation places Netalico among a select group of top-tier US agencies supporting a platform that powers millions of businesses across 175+ countries and has facilitated over $1 trillion in total merchant sales. The promotion reflects more than a decade of experience guiding brands through platform transitions from.

Read More
image for news Netalico Promoted to Shopify Premier Partner While Driving Agentic Commerce Adoption
AI Push Drives SHOP's Merchant Solutions Revenues: More Upside Ahead?
SHOP
Published: January 26, 2026 by: Zacks Investment Research
Sentiment: Positive

Shopify rides a 38% revenue surge in Merchant Solutions as AI tools and global expansion boost e-commerce momentum.

Read More
image for news AI Push Drives SHOP's Merchant Solutions Revenues: More Upside Ahead?
Shopify's Bear Case Is Fading As AI Commerce Accelerates (Rating Upgrade)
SHOP
Published: January 26, 2026 by: Seeking Alpha
Sentiment: Neutral

Shopify remains a leading e-commerce platform for SMBs, adapting rapidly to the agentic commerce and AI-driven era. SHOP's merchant solutions now account for 75% of revenue, with AI integration driving both internal efficiencies and merchant sales growth. Partnerships like Google Gemini help SHOP mitigate AI-related pricing pressures, though long-term power dynamics with AI platforms remain uncertain.

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image for news Shopify's Bear Case Is Fading As AI Commerce Accelerates (Rating Upgrade)
AppLovin Or Shopify: Which Stock To Bet On?
APP, SHOP
Published: January 21, 2026 by: Forbes
Sentiment: Neutral

Shopify experienced a decline of 7.3% over the past day. You might feel inclined to purchase more shares, or you could consider decreasing your investment.

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image for news AppLovin Or Shopify: Which Stock To Bet On?
3 International Growth Stocks That Can Compete With U.S. Technology
SHOP, SIMO, TSM
Published: January 21, 2026 by: 24/7 Wall Street
Sentiment: Positive

Most of the top corporations are located in the United States, but ignoring international growth stocks can minimize your long-term returns.

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image for news 3 International Growth Stocks That Can Compete With U.S. Technology
The Cross-Border Specialist Posts 25% Growth but Its Platform Rival Delivers Better Returns
GLBE, SHOP
Published: January 16, 2026 by: 24/7 Wall Street
Sentiment: Neutral

Global-E Online (NASDAQ: GLBE) and Shopify (NASDAQ: SHOP) reported Q3 2025 earnings that pushed their cross-border e-commerce strategies in different directions.

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image for news The Cross-Border Specialist Posts 25% Growth but Its Platform Rival Delivers Better Returns
MercadoLibre vs Shopify: Which Digital Commerce Stock Holds an Edge?
MELI, SHOP
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Neutral

SHOP's capital-light model, global diversification and margin gains put it ahead of MELI facing Latin America volatility.

Read More
image for news MercadoLibre vs Shopify: Which Digital Commerce Stock Holds an Edge?
Shopify Trades 14% Below 52-Week High: Buy, Sell or Hold the Shares?
SHOP
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Positive

SHOP shares retreat from highs, but strong AI adoption and global expansion hint at long-term upside.

Read More
image for news Shopify Trades 14% Below 52-Week High: Buy, Sell or Hold the Shares?
HSTM vs. SHOP: Which Stock Is the Better Value Option?
HSTM, SHOP
Published: January 12, 2026 by: Zacks Investment Research
Sentiment: Positive

Investors interested in stocks from the Internet - Services sector have probably already heard of HealthStream (HSTM) and Shopify (SHOP). But which of these two stocks presents investors with the better value opportunity right now?

Read More
image for news HSTM vs. SHOP: Which Stock Is the Better Value Option?
Why History Says We Could See the Nasdaq Double
FOMO, SHOP
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Stocks have staged a remarkable rally since the Liberation Day lows, and Andrew Rocco believes the bull market still has plenty of room to run. Discover how the 1999 internet boom can help you capitalize on this powerful trend in 2026 and beyond.

Read More
image for news Why History Says We Could See the Nasdaq Double
Wall Street Bulls Look Optimistic About Shopify (SHOP): Should You Buy?
SHOP
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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image for news Wall Street Bulls Look Optimistic About Shopify (SHOP): Should You Buy?
Options Corner: SHOP Struggles Amid Downgrade
SHOP
Published: January 06, 2026 by: Schwab Network
Sentiment: Negative

As a part of its internet stock analytical rebalancing, Wolfe Research downgraded Shopify (SHOP) to peer perform from outperform. That said, Rick Ducat notes the stock has done well over the past year, but points out shares struggled to break through a downward ceiling.

Read More
image for news Options Corner: SHOP Struggles Amid Downgrade
Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
SHOP
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
ReturnPro Launches Shopify App Offering First-of-its-Kind, End-to-End Returns Capabilities
SHOP
Published: January 05, 2026 by: Business Wire
Sentiment: Neutral

MIAMI--(BUSINESS WIRE)--ReturnPro, the industry leader in returns management and reverse logistics, today announced the launch of its Returns Portal App on the Shopify App Store. Unlike traditional returns apps that stop at customer initiation, ReturnPro's solution addresses the critical question most platforms leave unanswered: what happens next? As returns continue to rise across eCommerce, many Shopify merchants rely on apps that make returns easy for customers but offer little support beyon.

Read More
image for news ReturnPro Launches Shopify App Offering First-of-its-Kind, End-to-End Returns Capabilities
HSTM vs. SHOP: Which Stock Should Value Investors Buy Now?
HSTM, SHOP
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors with an interest in Internet - Services stocks have likely encountered both HealthStream (HSTM) and Shopify (SHOP). But which of these two companies is the best option for those looking for undervalued stocks?

Read More
image for news HSTM vs. SHOP: Which Stock Should Value Investors Buy Now?
Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
SHOP
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Shopify (SHOP) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
SHOP's Merchant Solutions Revenue Growth Picks Up: More Upside Ahead?
SHOP
Published: December 23, 2025 by: Zacks Investment Research
Sentiment: Positive

Shopify's Merchant Solutions revenues surge 38.2% as GMV hits $92B, driven by B2B, Shop Pay and offline commerce strength.

Read More
image for news SHOP's Merchant Solutions Revenue Growth Picks Up: More Upside Ahead?
DoorDash vs. Shopify: Which E-Commerce Stock Has an Edge Now?
DASH, SHOP
Published: December 22, 2025 by: Zacks Investment Research
Sentiment: Positive

DASH is seeing strong order and GOV growth, but Shopify's expanding merchant tools and enterprise adoption give SHOP an edge.

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image for news DoorDash vs. Shopify: Which E-Commerce Stock Has an Edge Now?
Why Shopify (SHOP) Outpaced the Stock Market Today
SHOP
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive

In the most recent trading session, Shopify (SHOP) closed at $169.57, indicating a +1.66% shift from the previous trading day.

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image for news Why Shopify (SHOP) Outpaced the Stock Market Today
Shopify stock eyes a reversal as diamond pattern forms, valuation risk remain
SHOP
Published: December 19, 2025 by: Invezz
Sentiment: Neutral

Shopify stock price has had a strong performance this year as it jumped from the April low of $70 to the current $166. This growth happened as the company's growth trajectory accelerated.

Read More
image for news Shopify stock eyes a reversal as diamond pattern forms, valuation risk remain
Shopify (SHOP) Boasts Earnings & Price Momentum: Should You Buy?
SHOP
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.

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image for news Shopify (SHOP) Boasts Earnings & Price Momentum: Should You Buy?
Shopify Shares Rise 42% in a Year: Will the Rally Continue in 2026?
SHOP
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

SHOP surges 41.6% in 12 months on accelerating growth in GMV and revenues, but valuation concerns temper the upside.

Read More
image for news Shopify Shares Rise 42% in a Year: Will the Rally Continue in 2026?
Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
SHOP
Published: December 15, 2025 by: Zacks Investment Research
Sentiment: Positive

Shopify (SHOP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know

About Shopify Inc. (SHOP)

  • IPO Date 2015-05-20
  • Website https://www.shopify.com
  • Industry Software - Application
  • CEO Tobias Lutke
  • Employees 8100

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.