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 16.2969
  • Debt/Equity 0.0891
  • CurrentRatio 13.6263
  • ROIC 0.1455

 

  • MktCap 204165203929.0
  • FreeCF/Share 1.4699
  • PFCF 106.8401
  • PE 114.4806
  • 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
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

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

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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.

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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.

Read More
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.

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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
AKAM or SHOP: Which Is the Better Value Stock Right Now?
AKAM, SHOP
Published: November 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors interested in Internet - Services stocks are likely familiar with Akamai Technologies (AKAM) and Shopify (SHOP). But which of these two stocks offers value investors a better bang for their buck right now?

Read More
image for news AKAM or SHOP: Which Is the Better Value Stock Right Now?
Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
SHOP
Published: November 21, 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 Investors Heavily Search Shopify Inc. (SHOP): Here is What You Need to Know
SHOP's Subscription Growth Accelerates: A Stable Driver of Revenues?
SHOP
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Shopify's subscription revenues jump again as Plus expands and high-margin recurring income cements a steadier long-term growth base.

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image for news SHOP's Subscription Growth Accelerates: A Stable Driver of Revenues?
Baron Opportunity Fund Q3 2025 Portfolio Update
AMZN, ANET, ARGX, AVGO, CYBR, DDOG, DUOL, IT, LLY, META, MSFT, NET, NVDA, ODD, SHOP, SNPS, SPOT, TSLA
Published: November 18, 2025 by: Seeking Alpha
Sentiment: Neutral

This quarter, we re-established a position in Arista Networks, a leading provider of high-performance networking solutions for data centers, cloud providers, and enterprises. We initiated a starter position in Synopsys after shares sold off following the company's third quarter earnings report and our in-person meeting with management. We exited our CyberArk Software Ltd. position after its acquisition by Palo Alto Networks was announced.

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image for news Baron Opportunity Fund Q3 2025 Portfolio Update
Cloudflare outage downs major websites, including X, Shopify and ChatGPT
NET, SHOP
Published: November 18, 2025 by: Proactive Investors
Sentiment: Negative

Cloudflare (NYSE:NET) shares moved lower in early trade on Tuesday after the web application security and performance firm was hit by an outage that downed major websites, including social media app X, eCommerce platform Shopify and OpenAI's AI chatbot ChatGPT. A Cloudflare spokesperson said the company saw a “spike in unusual traffic” to one of its services at 6.20 am Eastern Time on Tuesday, which caused some of Cloudflare's global network services to experience errors, including widespread HTTP 500 errors.

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image for news Cloudflare outage downs major websites, including X, Shopify and ChatGPT
AppLovin Or Shopify: Who Leads The Next Leg Higher?
APP, SHOP
Published: November 14, 2025 by: Forbes
Sentiment: Positive

AppLovin (APP) and Shopify (SHOP) often attract investors for very different reasons: Shopify as a leading e-commerce platform that enables millions of merchants to build and run online stores, and AppLovin as a software-driven marketing and app-monetization powerhouse that helps mobile developers acquire users and optimize ad revenue. Both stocks tend to move sharply on shifts in growth expectations, profitability trends, and the broader tech-market backdrop.

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image for news AppLovin Or Shopify: Who Leads The Next Leg Higher?
Baron Fifth Avenue Growth Fund Q3 2025 Performance Update
GTLB, ISRG, MBLY, MELI, NVDA, SHOP, TSLA, TTD
Published: November 14, 2025 by: Seeking Alpha
Sentiment: Neutral

Baron Fifth Avenue Growth Fund gained 5.7% during the third quarter, lagging the 10.5% gain for the Russell 1000 Growth Index and the 8.1% gain for the S&P 500 Index, the Fund's benchmarks. NVIDIA reported mid-term visibility of tens of GWs in AI buildouts, with each GW representing an estimated $35 billion total addressable market. Growth was broad-based across Shopify's core e-commerce merchant base and supported by successful expansion into offline, international, and business-to-business channels, which grew 29%, 42%, and 101%, respectively.

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image for news Baron Fifth Avenue Growth Fund Q3 2025 Performance Update
Shopify Rallies 31% in 6 Months: Buy, Sell or Hold the Stock?
SHOP
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Negative

SHOP's 31% rise, and stronger merchant activity and cash flow meet stiff competition and valuation concerns, prompting caution.

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image for news Shopify Rallies 31% in 6 Months: Buy, Sell or Hold the Stock?
Liquid AI Announces Multi‑Year Partnership with Shopify to Bring Sub‑20ms Foundation Models to Core Commerce Experiences
SHOP
Published: November 13, 2025 by: GlobeNewsWire
Sentiment: Neutral

CAMBRIDGE, Mass., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Liquid AI today announced a multi‑faceted partnership with Shopify to license and deploy Liquid AI's flagship Liquid Foundation Models (LFMs) across quality‑sensitive workflows on Shopify's platform, including search and other multimodal use cases where quality and latency matter.

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image for news Liquid AI Announces Multi‑Year Partnership with Shopify to Bring Sub‑20ms Foundation Models to Core Commerce Experiences
Virtus SGA International Growth Q3 2025 Contributors And Detractors
ALC, BABA, SHOP, TEAM, TSM
Published: November 11, 2025 by: Seeking Alpha
Sentiment: Neutral

Alibaba was a contributor to the portfolio during the quarter, driven by strong execution in its core commerce and cloud businesses, and improved investor sentiment around management's strategic direction. TSMC's management raised fiscal year 2025 guidance to 30% revenue growth year-over-year, supported by robust demand for advanced semiconductor manufacturing and strong execution across its diversified business mix. Alcon was a detractor from performance during the quarter, as the company reported weaker than expected results and lowered its 2025 revenue guidance following sluggish market conditions and competitive pressures.

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image for news Virtus SGA International Growth Q3 2025 Contributors And Detractors
ONNIT Migrates to Ordergroove and Shopify to Accelerate Growth and Elevate the Wellness Subscriber Journey
SHOP
Published: November 11, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, Nov. 11, 2025 (GLOBE NEWSWIRE) -- ONNIT, the Unilever-owned health and wellness brand best known for its flagship nootropic Alpha Brain®, has migrated its five-figure subscriber base to Ordergroove and Shopify with a 99.6% success rate and no downtime. ONNIT now operates on a best-in-class tech stack that gives the brand the scale and flexibility to go beyond “subscribe and save” and unlock new avenues for profitable recurring revenue.

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image for news ONNIT Migrates to Ordergroove and Shopify to Accelerate Growth and Elevate the Wellness Subscriber Journey
Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
SHOP
Published: November 10, 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
AKAM or SHOP: Which Is the Better Value Stock Right Now?
AKAM, SHOP
Published: November 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in Internet - Services stocks are likely familiar with Akamai Technologies (AKAM) and Shopify (SHOP). But which of these two stocks presents investors with the better value opportunity right now?

Read More
image for news AKAM or SHOP: Which Is the Better Value Stock Right Now?
Shopify Q3 Earnings Meet Estimates, Revenues Increase Y/Y
SHOP
Published: November 05, 2025 by: Zacks Investment Research
Sentiment: Positive

SHOP's Q3 revenues surge 31.5% on strong merchant growth and rising payment adoption, offsetting margin pressure.

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image for news Shopify Q3 Earnings Meet Estimates, Revenues Increase Y/Y
Shopify's 'Standout' Growth And 'Major Untapped' Ad Opportunity Impress Wall Street
SHOP
Published: November 05, 2025 by: Benzinga
Sentiment: Positive

Shopify Inc. (NASDAQ:SHOP) is gaining momentum, driven by accelerating growth, an expanding international footprint, and rising influence in artificial intelligence-powered "agentic commerce."

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image for news Shopify's 'Standout' Growth And 'Major Untapped' Ad Opportunity Impress Wall Street
3 Momentum Anomaly Stocks to Buy as AI Growth Stokes Concern
BOOT, RDDT, SHOP
Published: November 05, 2025 by: Zacks Investment Research
Sentiment: Positive

Amid AI valuation jitters and market swings, Shopify, Boot Barn and Reddit shine as top momentum plays to watch.

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image for news 3 Momentum Anomaly Stocks to Buy as AI Growth Stokes Concern

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.