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 16.5099
  • Debt/Equity 0.0891
  • CurrentRatio 13.6263
  • ROIC 0.1455

 

  • MktCap 206833945037.0
  • FreeCF/Share 1.4699
  • PFCF 108.2367
  • PE 115.977
  • 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
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
Initiation SHOP New Street -- Neutral -- $115 Jan. 10, 2025

News

Affirm and Shopify Begin Global Expansion With Launch in Canada
AFRM, SHOP
Published: April 10, 2025 by: Zacks Investment Research
Sentiment: Positive

AFRM and Shopify are teaming up to introduce Shop Pay installments in Canada, marking the start of their global expansion into the U.K., Australia and Europe.

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image for news Affirm and Shopify Begin Global Expansion With Launch in Canada
BIDU or SHOP: Which Is the Better Value Stock Right Now?
BIDU, SHOP
Published: April 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors with an interest in Internet - Services stocks have likely encountered both Baidu Inc. (BIDU) and Shopify (SHOP). But which of these two stocks presents investors with the better value opportunity right now?

Read More
image for news BIDU or SHOP: Which Is the Better Value Stock Right Now?
Shopify CEO says staffers need to prove jobs can't be done by AI before asking for more headcount
SHOP
Published: April 07, 2025 by: CNBC
Sentiment: Neutral

Shopify CEO Tobi Lutke told employees in a memo that they'll have to show jobs can't be done by artificial intelligence before asking for more headcount and resources. Lutke said there's a "fundamental expectation" that employees are using AI in their day to day work.

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image for news Shopify CEO says staffers need to prove jobs can't be done by AI before asking for more headcount
Appriss Retail Introduces AI-Enabled Returns Fraud Solution for Shopify
SHOP
Published: April 07, 2025 by: Business Wire
Sentiment: Neutral

IRVINE, Calif.--(BUSINESS WIRE)--Appriss Retail, a leading provider of solutions designed to combat returns and claims fraud while safeguarding loyal customers, has announced a groundbreaking integration with Shopify's unified commerce platform. This powerful integration equips Shopify merchants with advanced fraud prevention tools, offering a seamless solution to protect against returns and claims fraud across all channels. Many retailers still rely on outdated policies and rule engines that f.

Read More
image for news Appriss Retail Introduces AI-Enabled Returns Fraud Solution for Shopify
Shopify Stock Takes Its Cue From Palantir Technologies. History Says This Will Happen Next.
SHOP
Published: April 04, 2025 by: The Motley Fool
Sentiment: Positive

On March 31, Shopify (SHOP -18.25%) removed its U.S. shares from the New York Stock Exchange and relisted them on the Nasdaq Stock Exchange. The company did not give an explicit reason for the change, but the goal was probably to make itself eligible for inclusion in the Nasdaq-100.

Read More
image for news Shopify Stock Takes Its Cue From Palantir Technologies. History Says This Will Happen Next.
2 No-Brainer Nasdaq Stocks to Buy With $300 in April Before They Soar
MDB, SHOP
Published: April 03, 2025 by: The Motley Fool
Sentiment: Neutral

It's been a challenging year for the U.S. stock market. The S&P 500 (^GSPC 0.67%) has declined 8% from its high, and the technology-focused Nasdaq Composite (^IXIC 0.87%) has fallen 14%.

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image for news 2 No-Brainer Nasdaq Stocks to Buy With $300 in April Before They Soar
Wall Street Analysts Think Shopify (SHOP) Is a Good Investment: Is It?
SHOP
Published: April 02, 2025 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?

Read More
image for news Wall Street Analysts Think Shopify (SHOP) Is a Good Investment: Is It?
Shopify arrives in Amazon's backyard with new Bellevue office
AMZN, SHOP
Published: April 01, 2025 by: GeekWire
Sentiment: Positive

There's another tech giant in town.

Read More
image for news Shopify arrives in Amazon's backyard with new Bellevue office
3 Top Growth Stocks to Buy in April
MELI, NOW, SHOP
Published: March 28, 2025 by: 24/7 Wall Street
Sentiment: Positive

We're nearing the end of Q1, and that means that tax season and Spring are on every investor's mind right now.

Read More
image for news 3 Top Growth Stocks to Buy in April
SHOP Trades 15% Below 52-Week High: Buy the Shares on Pullback?
SHOP
Published: March 25, 2025 by: Zacks Investment Research
Sentiment: Positive

Shopify benefits from a booming merchant base, an expanding partner base and a strong solutions portfolio despite a stretched valuation.

Read More
image for news SHOP Trades 15% Below 52-Week High: Buy the Shares on Pullback?
4 Reasons to Buy Shopify Stock Like There's No Tomorrow
SHOP
Published: March 25, 2025 by: The Motley Fool
Sentiment: Positive

Are you looking for a new growth stock? Put Shopify (SHOP 5.00%) on your watchlist if not in your portfolio.

Read More
image for news 4 Reasons to Buy Shopify Stock Like There's No Tomorrow
BIDU vs. SHOP: Which Stock Is the Better Value Option?
BIDU, SHOP
Published: March 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in Internet - Services stocks are likely familiar with Baidu Inc. (BIDU) and Shopify (SHOP). But which of these two companies is the best option for those looking for undervalued stocks?

Read More
image for news BIDU vs. SHOP: Which Stock Is the Better Value Option?
Shopify Won't Remain Cheap For Too Long
SHOP
Published: March 23, 2025 by: Seeking Alpha
Sentiment: Positive

Shopify's revenue growth remains robust, with Q4 FY24 revenue up 31% YoY, driven by strong GMV growth and merchant acquisition across enterprise, offline, and international markets. Despite recent stock price volatility and macroeconomic uncertainties, Shopify's long-term growth story is intact, with management optimistic about expanding its market share with targeted product innovation. In the meantime, operating leverage is improving, with operating income up 60% YoY and free cash flow margins at 22%, surpassing the Rule of 50.

Read More
image for news Shopify Won't Remain Cheap For Too Long
3 Soaring Stocks I'd Buy Now With no Hesitation
MELI, ONON, SHOP
Published: March 20, 2025 by: The Motley Fool
Sentiment: Negative

The S&P 500 is down so far in 2025, and this might be the opportunity to be greedy in the way that Warren Buffett is so famous for talking about. Investors are fearful because of economic uncertainty, but many companies are performing well and have huge opportunities.

Read More
image for news 3 Soaring Stocks I'd Buy Now With no Hesitation
Shopify stock price giant megaphone points to a strong surge
SHOP
Published: March 20, 2025 by: Invezz
Sentiment: Positive

The Shopify stock price rose on Wednesday after the Canadian company filed to change its US listing from the New York Stock Exchange (NYSE) to the Nasdaq. It moved back above $100 even though the listing change will not have an impact on its business.

Read More
image for news Shopify stock price giant megaphone points to a strong surge
Shopify (SHOP) Is Considered a Good Investment by Brokers: Is That True?
SHOP
Published: March 17, 2025 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?

Read More
image for news Shopify (SHOP) Is Considered a Good Investment by Brokers: Is That True?
Shopify has acquired Vantage Discovery, an AI search company founded by former Pinterest engineering leaders
SHOP
Published: March 14, 2025 by: Business Insider
Sentiment: Positive

Shopify has acquired Vantage Discovery, a startup building AI search for retailers. Vantage Discovery was founded by two former Pinterest engineering leaders.

Read More
image for news Shopify has acquired Vantage Discovery, an AI search company founded by former Pinterest engineering leaders
More to Shop, More to Learn and More for You at Questex's 2025 International Beauty Show and International Esthetics, Cosmetics and Spa Conference in NYC
SHOP
Published: March 11, 2025 by: GlobeNewsWire
Sentiment: Neutral

Unprecedented 35% New Exhibitors and Experiences at the Largest Beauty & Spa Marketplace Unprecedented 35% New Exhibitors and Experiences at the Largest Beauty & Spa Marketplace

Read More
image for news More to Shop, More to Learn and More for You at Questex's 2025 International Beauty Show and International Esthetics, Cosmetics and Spa Conference in NYC
Xsolla Announces New Innovative Web Shop Updates to Aid Developers in Growing Their Games Through Direct-to-Consumer Activations
SHOP
Published: March 05, 2025 by: Business Wire
Sentiment: Neutral

LOS ANGELES--(BUSINESS WIRE)--Xsolla, a global leader in video game commerce, has introduced significant updates to its industry-leading Web Shop solution. Xsolla Web Shop has been at the forefront of the industry for over four years, powering 500+ web shops worldwide across diverse game genres and scales. Designed to meet the evolving needs of mobile game developers and publishers, these cutting-edge enhancements focus on increasing LTV and building deep player loyalty. Enhanced personalizatio.

Read More
image for news Xsolla Announces New Innovative Web Shop Updates to Aid Developers in Growing Their Games Through Direct-to-Consumer Activations
Your Pie Expands the Menu with NEW Pizza Shop Sandwiches & Celebrates Pi(e) Day with a $5 Pizza Deal
SHOP
Published: March 03, 2025 by: GlobeNewsWire
Sentiment: Neutral

Atlanta, Georgia, March 03, 2025 (GLOBE NEWSWIRE) -- Your Pie, the original fast-casual pizza pioneer, is shaking up the menu with a mouthwatering new addition—handcrafted sandwiches made with our signature family dough recipe that fans know and love. Launching just in time to satisfy cravings for lunch, dinner, or a mid-day snack, these sandwiches bring a new twist to the pizza shop experience.

Read More
image for news Your Pie Expands the Menu with NEW Pizza Shop Sandwiches & Celebrates Pi(e) Day with a $5 Pizza Deal
Shopify acquihired 6 startups for their AI talent last year as it competes in a 'white-hot' market
SHOP
Published: February 25, 2025 by: Business Insider
Sentiment: Positive

Shopify increased its acquihiring amid a hot market for AI talent. The company completed six small acquisitions last year to bolster its technical AI leadership.

Read More
image for news Shopify acquihired 6 startups for their AI talent last year as it competes in a 'white-hot' market
OnlineStoreCoach.com Launches Custom Analytics Report Bundle for Shopify Merchants
SHOP
Published: February 24, 2025 by: Newsfile Corp
Sentiment: Neutral

Smarter Reports for Shopify Stores, Delivered Monthly Toms River, New Jersey--(Newsfile Corp. - February 24, 2025) - OnlineStoreCoach.com, a top eCommerce consultant, has launched its Shopify Growth & Ops Report Bundle. This new offering helps store owners gain insights to make informed decisions and grow their businesses.

Read More
image for news OnlineStoreCoach.com Launches Custom Analytics Report Bundle for Shopify Merchants
European Stocks Still Look Inviting. Where to Shop Now.
SHOP
Published: February 21, 2025 by: Barrons
Sentiment: Positive

Investors can use options to bet on the trading platform's continued success—while positioning to buy the stock on a pullback.

Read More
image for news European Stocks Still Look Inviting. Where to Shop Now.
A Question Of Quality, If I Could Only Own Six Stocks
AMZN, GOOG, GOOGL, META, MSFT, NVDA, PINS, SHOP
Published: February 21, 2025 by: Seeking Alpha
Sentiment: Positive

Diversification is often recommended, but a concentrated portfolio of high-quality stocks can yield better returns and peace of mind. I focus on six top holdings, which collectively form 75.6% of my portfolio. These companies have diverse revenue streams, strong market positions, and long-term growth potential, making them ideal for significant investment.

Read More
image for news A Question Of Quality, If I Could Only Own Six Stocks
Your Favorite S&P 500 ETF Won't Give You Exposure to These 4 Great Stocks
COIN, SHOP, SPOT, TSM
Published: February 20, 2025 by: The Motley Fool
Sentiment: Positive

The S&P 500 (^GSPC 0.24%) market index is pretty broad. It tracks the performance of roughly 500 stocks, hand-picked by an expert panel to reflect the large-cap portion of the American stock market.

Read More
image for news Your Favorite S&P 500 ETF Won't Give You Exposure to These 4 Great Stocks
Shopify President Harley Finkelstein Gives Us an Inside Look
SHOP
Published: February 19, 2025 by: The Motley Fool
Sentiment: Neutral

In this podcast, we dive into Shopify's earnings and long-term vision with President Harley Finkelstein. He joined Motley Fool host Ricky Mulvey and analyst Asit Sharma to discuss:

Read More
image for news Shopify President Harley Finkelstein Gives Us an Inside Look
Shopify: Increased Commerce/Fintech Penetration In Booming Market - Upgrade To Buy
SHOP
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Positive

Shopify's unified solutions across the commerce (offline and online)/payment ecosystem have continued to drive its growth flywheel and cross-selling opportunities. The same robust performance metrics have been observed in the higher commerce/fintech penetration, expanding profit margins, and Rule of 50 outperformance at 53x in FY2024. These developments also suggest the SaaS company's ability to outperform moving forward, as it works to build "a durable 100-year company."

Read More
image for news Shopify: Increased Commerce/Fintech Penetration In Booming Market - Upgrade To Buy
1 Wall Street Analyst Thinks Shopify Is Going to $150. Is It a Buy?
SHOP
Published: February 19, 2025 by: The Motley Fool
Sentiment: Positive

Shopify (SHOP 0.75%) has dominated e-commerce software for at least a decade, and the company's latest report showed that it still has no sign of slowing down even after years of monster growth.

Read More
image for news 1 Wall Street Analyst Thinks Shopify Is Going to $150. Is It a Buy?
2 Unstoppable Growth Stocks That Could Double by 2030
PTON, SHOP
Published: February 17, 2025 by: The Motley Fool
Sentiment: Positive

Doubling your money within five years is no easy task. It requires careful consideration of what stocks you choose to buy.

Read More
image for news 2 Unstoppable Growth Stocks That Could Double by 2030
SHOP Rises 21% Year to Date: Buy or Hold the Stock Post Q4 Earnings?
SHOP
Published: February 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Shopify benefits from a booming merchant base, an expanding partner base and a strong solutions portfolio amid rising investments in core business.

Read More
image for news SHOP Rises 21% Year to Date: Buy or Hold the Stock Post Q4 Earnings?

About Shopify Inc. (SHOP)

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