Shopify Inc. SHOP

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142.57 USD -13.65 (-8.74%)

At closeNov 3, 2026, 6:20 PM EST

142.50 -0.07 -0.05%

After hours · Nov 3, 6:20 PM ET

135.65 Day range 149.34
94.00 52-week range 180.88
YTD
-11.43%
1 year
-17.56%
Market cap
185.01B
Revenue (ttm)
13.27B
Profit margin
14.53%
EPS (ttm)
1.48
Shares out
1.22B
P/E ratio
96.33
Forward P/E
57.80
YTD return
-11.43%
1-year return
-17.56%
Volume
24.75M
Avg volume
9.45M
Open
136.43
Previous close
156.22
Day's range
135.65 – 149.34
52-week range
94.00 – 180.88
Beta
2.66
Analysts
Buy
Price target
176.74 (+24.0%)
Earnings date
Nov 3, 2026

2Y +64.13 (+81.76%)

100150Jan 25Jun 25Nov 25Mar 26Aug 26142.57

Key statistics

Enterprise value
196.23B
PEG ratio
2.18
Price / sales
13.94
Price / book
14.49
Dividend yield
0.00%
Payout ratio
0.00%
Revenue growth
33.70%
Free cash flow
1.59B
Total cash
4.95B
Total debt
178.00M
Return on equity
15.54%
Short % of float
1.72%
50-day average
152.92
200-day average
129.88

Financials — quick view

All financials
SHOP Revenue — quarterly 3.58B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
SHOP Net income — quarterly 1.50B
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
SHOP EPS — quarterly 1.16
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

SHOP recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 3, 2026Sep 30, 20260.4613———
Aug 5, 2026Jun 30, 20260.39730.42+0.02+5.71%
May 5, 2026Mar 31, 20260.32620.36+0.03+10.36%
Feb 11, 2026Dec 31, 20250.5060.46-0.05-9.09%
Nov 4, 2025Sep 30, 20250.33670.340.00+0.98%
Aug 6, 2025Jun 30, 20250.29110.35+0.06+20.23%

Upgrades / downgrades

SHOP analyst upgrades and downgrades
DateFirmActionFromTo
Nov 2, 2026KeybancmainOverweightOverweight
Oct 28, 2026CitigroupmainBuyBuy
Oct 23, 2026OppenheimermainOutperformOutperform
Oct 16, 2026RBC CapitalmainOutperformOutperform
Oct 14, 2026BairdmainOutperformOutperform
Oct 12, 2026Cantor FitzgeraldmainNeutralNeutral

About Shopify Inc.

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. 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 based in Ottawa, Canada.

Sector
Technology
Industry
Software - Application
Country
Canada
Website
shopify.com

News

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Insider holders

SHOP insider holders
InsiderRelationLatest transactionDateShares held
Cheng Meservey (Lulu)Director of IssuerExercise of rightsSep 13, 202611,314
Finkelstein (Harley Michael)Senior Officer of IssuerExercise of rightsOct 27, 20268,985
Goodman (Gail Faye)Director of IssuerExercise of rightsMay 31, 202676,824
Hertz (Jessica)Senior Officer of IssuerExercise of rightsOct 27, 202637,776
Hoffmeister (Jeff)Senior Officer of IssuerExercise of rightsOct 27, 202678,203
Lutke (Tobias Albin)Director of IssuerAcquisition or disposition under a purchase/ownership planOct 27, 20260

Institution ownership

SHOP institution ownership
Holder% heldSharesValueReported
Capital International Investors4.54%54,893,6417.83BJun 29, 2026
FMR, LLC3.90%47,175,5186.73BJun 29, 2026
Invesco Ltd.3.03%36,570,9295.21BJun 29, 2026
Capital World Investors2.82%34,087,5444.86BJun 29, 2026
Vanguard Capital Management LLC2.82%34,133,0984.87BJun 29, 2026
BAILLIE GIFFORD & CO2.35%28,403,6004.05BJun 29, 2026

Fund ownership

SHOP fund ownership
Holder% heldSharesValueReported
Invesco QQQ Trust, Series 12.09%25,244,0733.60BSep 29, 2026
Growth Fund of America1.97%23,767,7573.39BSep 29, 2026
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund1.49%18,044,0632.57BJul 30, 2026
NEW PERSPECTIVE FUND1.23%14,855,2132.12BSep 29, 2026
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund0.99%11,979,6041.71BJun 29, 2026
AMERICAN FUNDS FUNDAMENTAL INVESTORS0.81%9,803,0641.40BSep 29, 2026