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 9.6233
  • PB 17.6166
  • Debt/Equity 0.0891
  • CurrentRatio 13.6263
  • ROIC 0.1455

 

  • MktCap 220698380552.0
  • FreeCF/Share 1.4699
  • PFCF 115.492
  • PE 123.7512
  • Debt/Assets 0.0741
  • DivYield 0
  • ROE 0.1507

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • 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
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
Downgrade SHOP BNP Paribas Exane Outperform Neutral -- $100 May 5, 2025
Reiterated SHOP Mizuho -- Neutral $110 $85 April 14, 2025
Upgrade SHOP The Benchmark Company Hold Buy -- $150 Feb. 10, 2025

News

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.

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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.

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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.

Read More
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.

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image for news Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
Shopify Inc. (SHOP) Presents at 53rd Annual Nasdaq Investor Conference Transcript
SHOP
Published: December 12, 2025 by: Seeking Alpha
Sentiment: Neutral

Shopify Inc. (SHOP) Presents at 53rd Annual Nasdaq Investor Conference Transcript

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image for news Shopify Inc. (SHOP) Presents at 53rd Annual Nasdaq Investor Conference Transcript
Analyst Says Shopify Has A Secret AI Advantage — Here's What It Is
SHOP
Published: December 11, 2025 by: Benzinga
Sentiment: Positive

Shopify Inc's (NASDAQ: SHOP) latest Winter 2026 Edition showcases the company's continued push to strengthen its platform across artificial intelligence, checkout, marketing, and merchant tools.

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image for news Analyst Says Shopify Has A Secret AI Advantage — Here's What It Is
Uber Teams With Shopify to Offer Merchants One-Hour Delivery
SHOP, UBER
Published: December 10, 2025 by: PYMNTS
Sentiment: Positive

Uber has launched a collaboration with Shopify aimed at speeding delivery for merchants. The partnership makes Uber Direct available to Shopify Plus merchants in the U.S., Canada, and France, allowing them to embed delivery offerings into their checkout, Uber said in a Wednesday (Dec. 10) news release.

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image for news Uber Teams With Shopify to Offer Merchants One-Hour Delivery
Shopify: E-Commerce Momentum Still Intact, Runway Is Far From Over
SHOP
Published: December 10, 2025 by: Seeking Alpha
Sentiment: Positive

Shopify is rated a 'Buy' with a $185 price target, implying 15% upside and continued market outperformance. Q3 2025 results showed 32% revenue growth and strong free cash flow, but a post-earnings sell-off reflected margin compression concerns. SHOP's merchant solutions segment drove 38% revenue growth, while subscription solutions also expanded, highlighting a diversified, resilient business model.

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image for news Shopify: E-Commerce Momentum Still Intact, Runway Is Far From Over
HSTM or SHOP: Which Is the Better Value Stock Right Now?
HSTM, SHOP
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Neutral

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 offers value investors a better bang for their buck right now?

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image for news HSTM or SHOP: Which Is the Better Value Stock Right Now?
Shopify: The Agentic AI Tailwind No One Is Pricing In
SHOP
Published: December 10, 2025 by: Seeking Alpha
Sentiment: Positive

I am reiterating my “buy” rating on Shopify with an updated price target of $195 per share as revenue continues to beat management's guidance by a huge margin. During the quarter, Shopify continued to make robust progress across its strategic growth levers, while doubling down on their Agentic Commerce roadmap. While the stock is expensive on a 12-month forward PE ratio basis, along with potential short-term macro headwinds, the tailwind from Agentic Commerce is likely underestimated.

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image for news Shopify: The Agentic AI Tailwind No One Is Pricing In
Why Shopify (SHOP) is a Top Stock for the Long-Term
SHOP
Published: December 05, 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.

Read More
image for news Why Shopify (SHOP) is a Top Stock for the Long-Term
Why Is Shopify (SHOP) Down 1.8% Since Last Earnings Report?
SHOP
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Negative

Shopify (SHOP) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Shopify (SHOP) Down 1.8% Since Last Earnings Report?
SHOP Stock Forecast: Why Bulls See $300 Ahead
SHOP
Published: December 04, 2025 by: Forbes
Sentiment: Positive

Shopify (NASDAQ: SHOP) has silently evolved into one of the most compelling turnaround stories on Wall Street. The stock has increased by nearly 47% over the last six months and is currently priced close to $157 — more than double its 52-week low of around $70.

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image for news SHOP Stock Forecast: Why Bulls See $300 Ahead
Shopify Inc. (SHOP) Presents at UBS Global Technology and AI Conference 2025 Transcript
SHOP
Published: December 03, 2025 by: Seeking Alpha
Sentiment: Neutral

Shopify Inc. (SHOP) Presents at UBS Global Technology and AI Conference 2025 Transcript

Read More
image for news Shopify Inc. (SHOP) Presents at UBS Global Technology and AI Conference 2025 Transcript
Why Pay More? AppLovin Delivers Better Than Shopify
APP, SHOP
Published: December 03, 2025 by: Forbes
Sentiment: Positive

AppLovin (APP) has quietly outperformed Shopify this year, delivering stronger fundamentals at a far cheaper price. While Shopify grabs more headlines, APP's growth and profitability trajectory tell a different story — one where investors can pay less and potentially gain more.

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image for news Why Pay More? AppLovin Delivers Better Than Shopify
Shopify merchants hit $14.6B in sales over Black Friday-Cyber Monday
SHOP
Published: December 02, 2025 by: Proactive Investors
Sentiment: Positive

Shopify Inc (TSX:SH., NYSE:SHOP) said its merchants recorded a record $14.6 billion in sales over the Black Friday-Cyber Monday weekend, up 27% from a year earlier, as online shopping showed continued strength.

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image for news Shopify merchants hit $14.6B in sales over Black Friday-Cyber Monday
Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It
SHOP
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Shopify (SHOP). This makes it worthwhile to examine what the stock has in store.

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image for news Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It
Shopify Breaks Down on Busy Cyber Monday
SHOP
Published: December 01, 2025 by: WSJ
Sentiment: Negative

The outage at the e-commerce host interrupted transactions for merchants who use Shopify's technology to sell products online.

Read More
image for news Shopify Breaks Down on Busy Cyber Monday
Shopify outage: Shopping platform goes down for some users during Cyber Monday
SHOP
Published: December 01, 2025 by: CNBC
Sentiment: Negative

Shopify's backend systems suffered from an outage on Monday, coinciding with one of the biggest shopping days of the year. Select merchants were unable to log in to Shopify, while others couldn't access their point-of-sale systems, the company said.

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image for news Shopify outage: Shopping platform goes down for some users during Cyber Monday
Shopify down for thousands of users on Cyber Monday
SHOP
Published: December 01, 2025 by: Reuters
Sentiment: Negative

Thousands of Shopify , users encountered issues related to logging in on the online shopping platform, impacting customers and several small businesses on Cyber Monday.

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image for news Shopify down for thousands of users on Cyber Monday
SHOP vs. SE: Which E-Commerce Stock Has Better Upside Potential?
SE, SHOP
Published: November 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Shopify's faster growth, expanding AI ecosystem and cheaper valuation set it apart as a stronger e-commerce pick than Sea Limited.

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image for news SHOP vs. SE: Which E-Commerce Stock Has Better Upside Potential?
Shopify reduces headcount, citing streamlining efforts
SHOP
Published: November 27, 2025 by: Proactive Investors
Sentiment: Neutral

Shopify Inc (TSX:SH., NYSE:SHOP) has reduced parts of its workforce in recent weeks, cutting managerial roles across teams including merchant success, operations, sales, and account executives.

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image for news Shopify reduces headcount, citing streamlining efforts
Black Friday kickoff shows consumers playing it safe (but not too safe)
AMZN, LEVI, NKE, SHOP
Published: November 27, 2025 by: Proactive Investors
Sentiment: Neutral

With Black Friday, consumers are prioritizing everyday essentials over luxury items, reflecting growing concerns about job security and the rising cost of living. More than six in 10 shoppers recently said they planned to buy necessities instead of fancier items during the holiday sales season, consultancy Deloitte reported, up from 58% last year.

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image for news Black Friday kickoff shows consumers playing it safe (but not too safe)
54% of consumers use AI for holiday shopping support: Simon-Kucher
ETSY, PYPL, SHOP, TGT, WMT, XRT
Published: November 26, 2025 by: CNBC Television
Sentiment: Positive

CNBC's "The Exchange" team discusses how AI may transform shopping amid the holiday season with Shikha Jain, lead partner for consumer and retail at Simon-Kucher.

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image for news 54% of consumers use AI for holiday shopping support: Simon-Kucher
SHOP's Merchant Solutions Surge: Is GMV Strength Driving More Upside?
SHOP
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Shopify's surging GMV and expanding Merchant Solutions show how rising payments use and global momentum may fuel further upside.

Read More
image for news SHOP's Merchant Solutions Surge: Is GMV Strength Driving More Upside?
Alger International Opportunities Fund Q3 2025 Portfolio Update
BABA, CEVMF, CEVMY, CNSWF, NBIS, SHOP, TSM
Published: November 24, 2025 by: Seeking Alpha
Sentiment: Neutral

Class A shares of the Alger International Opportunities Fund underperformed the MSCI ACWI ex USA Index during the third quarter of 2025. Returns from individual stock selection detracted from relative performance, while factor exposures had a positive impact. Among countries, the Netherlands, Belgium, and Spain provided the largest contributions to relative performance, while Japan, the United Kingdom, and China were the most notable detractors from relative performance.

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image for news Alger International Opportunities Fund Q3 2025 Portfolio Update
US attorneys general urge Shopify to halt illegal vape sales on its platform
SHOP
Published: November 24, 2025 by: Reuters
Sentiment: Negative

A coalition of 25 state attorneys general on Monday wrote to Shopify , requesting the platform pull its hosting services from websites selling vapes illegally, according to a letter from California's Attorney General's Office.

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image for news US attorneys general urge Shopify to halt illegal vape sales on its platform

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.