SHOP
Shopify Inc. NASDAQ Listed May 20, 2015$128.50
-0.08%
vs $128.60
Mkt Cap $166.7B
52w Low $94.00
39.1% of range
52w High $182.19
50d MA $135.97
200d MA $130.45
P/E (TTM)
86.5x
EV/EBITDA
—
P/B
12.4x
Debt/Equity
0.0x
ROE
9.1%
P/FCF
83.6x
RSI (14)
26.20
ATR (14)
$5.35
Beta
2.82
50d MA
$135.97
200d MA
$130.45
Avg Volume
7.9M
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.
151 O'Connor Street · Ottawa, ON K2P 2L8 · CA
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 5, 2026 | BMO | 0.40 | 0.42 | +5.7% | 123.30 | +21.7% | +17.0% | +2.2% | +2.8% | +2.4% | -1.7% | — |
| May 5, 2026 | BMO | 0.33 | 0.36 | +10.4% | 127.55 | -9.0% | -15.6% | -2.0% | +6.0% | -1.2% | -7.1% | — |
| Feb 11, 2026 | BMO | 0.51 | 0.46 | -9.1% | 118.71 | +1.7% | -6.8% | +0.0% | +1.8% | +0.7% | +7.1% | — |
| Nov 4, 2025 | BMO | 0.34 | 0.34 | +1.0% | 160.94 | -0.9% | +1.2% | +0.0% | -4.2% | -2.3% | +4.2% | — |
| Aug 6, 2025 | BMO | 0.29 | 0.35 | +20.2% | 154.90 | -0.3% | -2.5% | +0.0% | -1.0% | -1.4% | +1.2% | — |
| May 8, 2025 | BMO | 0.26 | 0.25 | -3.8% | 94.00 | +0.5% | -2.4% | +0.0% | +13.7% | +3.2% | +3.5% | — |
| Feb 11, 2025 | BMO | 0.43 | 0.44 | +1.8% | 123.59 | -3.7% | -2.5% | +0.0% | +5.9% | +0.5% | +0.7% | — |
| Nov 12, 2024 | BMO | 0.28 | 0.36 | +29.3% | 108.92 | -1.3% | +5.7% | +0.0% | -5.2% | -0.5% | -2.4% | — |
| Aug 7, 2024 | BMO | 0.20 | 0.26 | +27.1% | 63.89 | +0.5% | +7.3% | +0.0% | +1.1% | -1.4% | +2.3% | — |
| May 8, 2024 | BMO | 0.17 | 0.20 | +16.5% | 62.73 | +1.3% | -0.4% | +0.0% | -5.6% | -0.3% | -1.3% | — |
| Feb 13, 2024 | BMO | 0.31 | 0.34 | +10.2% | 77.18 | +2.5% | +4.5% | +0.0% | +4.1% | -3.2% | -3.3% | — |
| Nov 2, 2023 | BMO | 0.15 | 0.24 | +60.0% | 59.70 | +0.3% | +3.0% | +0.0% | -1.7% | +2.1% | +1.7% | — |
| Aug 2, 2023 | BMO | 0.06 | 0.14 | +133.3% | 62.43 | -0.9% | -5.4% | +0.0% | -1.9% | -0.6% | -2.4% | — |
| May 4, 2023 | BMO | 0.00 | 0.01 | +126.4% | 57.30 | +0.0% | +8.3% | +0.0% | +3.8% | -0.8% | -1.1% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 11 | Bernstein | Initiates | Outperform | $160 | $126.60 | $130.75 | +3.3% | +1.7% | +4.0% | -3.0% | +0.1% | -1.0% |
| Aug 20 | Rosenblatt | Initiates | Buy | $175 | $146.58 | $146.37 | -0.1% | +0.4% | +1.4% | +0.4% | +2.7% | -2.3% |
| Jul 21 | Rothschild & Co Redburn | Downgrade | Buy → Neutral | $130 | $124.48 | $121.21 | -2.6% | -1.2% | -3.7% | -5.4% | +1.6% | +11.5% |
| Jul 13 | Jefferies | Upgrade | Hold → Buy | $160 | $122.54 | $124.63 | +1.7% | +1.8% | +0.8% | -1.7% | +1.2% | -1.2% |
| Jul 10 | Stifel | Upgrade | Hold → Buy | $150 | $123.17 | $126.77 | +2.9% | -0.5% | +1.8% | +0.8% | -1.7% | +1.2% |
| Jul 7 | BofA Securities | Reiterates | Buy | $150 | $120.14 | $122.84 | +2.2% | +1.4% | -2.2% | +3.3% | -0.5% | +1.8% |
| Apr 28 | Citigroup | Maintains | Buy → Buy | — | $124.23 | $123.69 | -0.4% | -1.8% | -0.6% | -0.1% | +5.4% | -0.1% |
| Apr 6 | Wells Fargo | Maintains | Overweight → Overweight | — | $118.25 | $117.79 | -0.4% | +0.5% | -1.5% | +2.6% | -6.4% | -1.4% |
| Mar 9 | Jefferies | Maintains | Hold → Hold | — | $130.20 | $127.87 | -1.8% | +2.5% | -3.1% | +0.1% | -2.6% | -2.5% |
| Feb 17 | Truist | Upgrade | Hold → Buy | — | $112.70 | $112.50 | -0.2% | +0.7% | +7.1% | +1.8% | +1.9% | -7.1% |
| Feb 17 | Jefferies | Maintains | Hold → Hold | — | $112.70 | $112.50 | -0.2% | +0.7% | +7.1% | +1.8% | +1.9% | -7.1% |
| Feb 13 | Citigroup | Maintains | Buy → Buy | — | $110.66 | $110.21 | -0.4% | +1.8% | +0.7% | +7.1% | +1.8% | +1.9% |
| Feb 12 | Cantor Fitzgerald | Maintains | Neutral → Neutral | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | UBS | Maintains | Neutral → Neutral | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | Needham | Maintains | Buy → Buy | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | Wedbush | Maintains | Outperform → Outperform | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | Truist | Maintains | Hold → Hold | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | Citizens | Maintains | Market Outperform → Market Outperform | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | Wells Fargo | Maintains | Overweight → Overweight | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | RBC Capital | Maintains | Outperform → Outperform | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | Barclays | Maintains | Equal Weight → Equal Weight | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | Mizuho | Upgrade | Neutral → Outperform | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 12 | BMO Capital | Maintains | Outperform → Outperform | — | $118.71 | $120.69 | +1.7% | -6.8% | +1.8% | +0.7% | +7.1% | +1.8% |
| Feb 10 | Benchmark | Maintains | Buy → Buy | — | $118.40 | $122.69 | +3.6% | +7.5% | -6.7% | -6.8% | +1.8% | +0.7% |
| Feb 9 | BMO Capital | Maintains | Outperform → Outperform | — | $112.05 | $112.67 | +0.6% | +5.7% | +7.5% | -6.7% | -6.8% | +1.8% |
| Jan 8 | Scotiabank | Upgrade | Sector Perform → Sector Outperform | — | $166.74 | $167.80 | +0.6% | +0.9% | -2.3% | +2.1% | -0.3% | -5.9% |
| Jan 6 | Wolfe Research | Downgrade | Outperform → Peer Perform | — | $166.21 | $163.85 | -1.4% | +1.3% | -1.0% | +0.9% | -2.3% | +2.1% |
| Dec 17 | Wells Fargo | Maintains | Overweight → Overweight | — | $163.14 | $166.53 | +2.1% | -0.9% | +3.1% | +1.7% | +0.1% | -0.1% |
| Nov 5 | Cantor Fitzgerald | Maintains | Neutral → Neutral | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | DA Davidson | Maintains | Buy → Buy | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | BMO Capital | Maintains | Outperform → Outperform | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | UBS | Maintains | Neutral → Neutral | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | Morgan Stanley | Maintains | Overweight → Overweight | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | Barclays | Maintains | Equal Weight → Equal Weight | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | Truist | Maintains | Hold → Hold | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | Scotiabank | Maintains | Sector Perform → Sector Perform | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | Needham | Maintains | Buy → Buy | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | CIBC | Maintains | Outperform → Outperform | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 5 | JP Morgan | Maintains | Overweight → Overweight | — | $160.94 | $159.56 | -0.9% | +1.2% | -4.2% | -2.3% | +4.2% | +0.0% |
| Nov 4 | Canaccord Genuity | Maintains | Buy → Buy | — | $172.94 | $163.07 | -5.7% | -6.9% | +1.2% | -4.2% | -2.3% | +4.2% |
| Oct 30 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $179.01 | $176.93 | -1.2% | -3.0% | +0.1% | -0.5% | -6.9% | +1.2% |
| Oct 28 | Oppenheimer | Maintains | Outperform → Outperform | — | $175.06 | $173.43 | -0.9% | +2.2% | +0.0% | -3.0% | +0.1% | -0.5% |
| Oct 17 | RBC Capital | Maintains | Outperform → Outperform | — | $156.57 | $155.88 | -0.4% | +0.8% | +4.4% | -1.3% | -0.4% | +3.1% |
| Aug 8 | Evercore ISI | Maintains | Outperform → Outperform | — | $151.07 | $150.49 | -0.4% | -1.0% | -1.4% | +1.2% | +0.5% | -3.9% |
| Aug 8 | Citigroup | Maintains | Buy → Buy | — | $151.07 | $150.49 | -0.4% | -1.0% | -1.4% | +1.2% | +0.5% | -3.9% |
| Aug 7 | Mizuho | Maintains | Neutral → Neutral | — | $154.90 | $154.46 | -0.3% | -2.5% | -1.0% | -1.4% | +1.2% | +0.5% |
| Aug 7 | Canaccord Genuity | Maintains | Buy → Buy | — | $154.90 | $154.46 | -0.3% | -2.5% | -1.0% | -1.4% | +1.2% | +0.5% |
| Aug 7 | Benchmark | Maintains | Buy → Buy | — | $154.90 | $154.46 | -0.3% | -2.5% | -1.0% | -1.4% | +1.2% | +0.5% |
| Aug 7 | Stifel | Maintains | Hold → Hold | — | $154.90 | $154.46 | -0.3% | -2.5% | -1.0% | -1.4% | +1.2% | +0.5% |
| Aug 7 | Goldman Sachs | Maintains | Buy → Buy | — | $154.90 | $154.46 | -0.3% | -2.5% | -1.0% | -1.4% | +1.2% | +0.5% |
No insider trades available.
8-K · 2.02
!! High
Shopify Inc. -- 8-K 2.02: Earnings Results
Aug 5
8-K · 5.02
!!! Very High
Shopify Inc. -- 8-K 5.02: Executive Change
Shopify's Audit Committee Chair Prashanth Mahendra-Rajah resigned from the board effective immediately to accept a full-time position elsewhere, creating a leadership transition that investors should monitor.
Jul 2
8-K · 8.01
!! High
Shopify Inc. -- 8-K 8.01: Material Event / Announcement
Jun 16
8-K · 7.01
! Medium
Shopify Inc. -- 8-K 7.01: Regulation FD Disclosure
Shopify's board authorized an additional $3.0 billion share repurchase program, increasing total authorization to $5.0 billion, signaling management confidence in the stock's valuation.
Jun 2
8-K · 2.02
!! High
Shopify Inc. -- 8-K 2.02: Earnings Results
Shopify reported Q1 2026 financial results, providing investors with updates on revenue, profitability, and operational performance to assess the e-commerce platform's growth trajectory and business health.
May 5
8-K · 7.01
! Medium
Shopify Inc. Class A subordinate voting shares -- 8-K 7.01: Regulation FD Disclosure
Shopify's board authorized a $2 billion share buyback program covering up to 5% of outstanding Class A shares, effective February 17, 2026, signaling management confidence and potentially supporting stock price.
Feb 11
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 52,906,286 | $8.5B | Reduced | Dec 2025 |
| 2 | Fmr Llc | 45,834,484 | $5.4B | Reduced | Mar 2026 |
| 3 | Capital World Investors | 33,696,844 | $4.0B | Reduced | Mar 2026 |
| 4 | Vanguard Capital Management Llc | 34,133,098 | $3.9B | Added | Jun 2026 |
| 5 | Royal Bank Of Canada | 21,658,696 | $2.6B | Added | Mar 2026 |
| 6 | Jpmorgan Chase & Co | 17,457,018 | $2.0B | Reduced | Mar 2026 |
| 7 | Norges Bank | 16,410,473 | $1.9B | New | Jun 2026 |
| 8 | Bank Of Montreal /can/ | 13,770,055 | $1.6B | Added | Jun 2026 |
| 9 | Capital Research Global Investors | 11,641,932 | $1.4B | Added | Mar 2026 |
| 10 | Bank Of America Corp /de/ | 11,183,985 | $1.3B | Added | Mar 2026 |
| 11 | Invesco Ltd. | 10,647,635 | $1.3B | Reduced | Mar 2026 |
| 12 | 1832 Asset Management L.p. | 10,187,742 | $1.2B | Added | Mar 2026 |
| 13 | Td Asset Management Inc | 9,280,520 | $1.1B | New | Jun 2026 |
| 14 | Sands Capital Management, Llc | 8,935,666 | $1.1B | Reduced | Mar 2026 |
| 15 | Cibc World Market Inc. | 8,749,299 | $1.0B | — | Mar 2026 |
| 16 | Franklin Resources Inc | 8,272,377 | $982M | Reduced | Mar 2026 |
| 17 | Jennison Associates Llc | 6,846,396 | $782M | Reduced | Jun 2026 |
| 18 | Massachusetts Financial Services Co /ma/ | 5,950,335 | $755M | New | Jun 2026 |
| 19 | Edgewood Management Llc | 6,066,124 | $720M | Reduced | Mar 2026 |
| 20 | Connor, Clark & Lunn Investment Management Ltd. | 5,906,160 | $675M | Reduced | Jun 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$166.75B
Enterprise Value
$161.92B
P/E (TTM)
86.49x
Forward P/E
70.05x
PEG Ratio
-4.34x
P/B
12.39x
P/S
12.57x
P/FCF
83.55x
EV/EBITDA
—
Shares Out
1.30B
Financials (TTM)
Revenue
$13.27B
Net Income
$1.93B
EBITDA
-$519.0M
Free Cash Flow
$2.01B
Op Cash Flow
$2.03B
EPS Basic
$0.95
EPS Diluted
$1.49
EPS Forward
$1.83
Gross Margin
47.8%
Op Margin
13.9%
Net Margin
14.5%
Balance Sheet
Total Assets
$15.19B
Total Liab.
$1.72B
Total Equity
$13.47B
Cash
$5.77B
LT Debt
$0
Book Value/Sh
$10.37
Debt/Equity
0.01x
Current Ratio
5.96
Quick Ratio
5.94
Returns & Growth
ROE
9.1%
ROA
8.1%
ROIC
8.7%
Rev Growth YoY
+30.1%
EPS Growth YoY
-39.1%
Price Returns
2W
-11.9%
1M
-12.3%
3M
+19.0%
6M
+5.0%
12M
-16.2%
Technicals
52W High
$182.19
52W Low
$94.00
50d MA
$135.97
200d MA
$130.45
RSI (14)
26.20
ATR (14)
$5.35
Beta
2.82
Avg Volume
7.9M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$164.75
High
$200.00
Low
$115.00
Median
$162.50
Data updated apr 27, 2026 1:11am
· Source: financialmodelingprep.com