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Outlook: 46.5% bullish·15.5% bearish
Go to analysis
SHOP:NASDAQ
Shopify Inc.
$147.09
+0.21%
(+0.31) 1D
$145.62
-1.00% (-1.47)
After hours
Closed: Nov 13, 4:00:00 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for SHOP...
Open
$147.23
High
$150.71
Low
$144.57
Mkt. cap
189.23B
Avg. vol.
8.66M
Volume
4.36M
P/E ratio
89.70
52-wk high
$180.88
52-wk low
$94.00
EPS
$1.64
Beta
2.65
Shares outstanding
1.21B
No. of employees
8K
Open
$147.23
High
$150.71
Low
$144.57
Mkt. cap
189.23B
Avg. vol.
8.66M
Volume
4.36M
P/E ratio
89.70
52-wk high
$180.88
52-wk low
$94.00
EPS
$1.64
Beta
2.65
Shares outstanding
1.21B
No. of employees
8K
News stories
From web sources and news partners
Profile
Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario, that operates a cloud e-commerce management platform for retail point-of-sale systems. The company has over five million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt. The company's software has been praised for its ease of use and reasonable fee structure. It has been described as the "go-to e-commerce platform for startups". Wikipedia
About Shopify Inc.
CEOTobias Lütke
Employees7.6K
Founded2006
HeadquartersOttawa, Ontario, Canada
SectorInformation Technology
IndustryInternet
Website-
Analyst ratings
Based on 26 analysts giving stock ratings to SHOP in the past 3 months
Strong buy
Buy
22
Hold
4
Sell
0
12-month forecast
Based on 26 Wall Street analysts offering 12 month price targets for SHOP in the last 3 months.
Highest
Current $147.09
$220.00 (+49.57%)
Average
$181.20 (+23.19%)
Lowest
$145.00 (-1.42%)
Analyst
Recommendation
Action
Price target
Projected
Date
Helena Wang
Phillip Securities
Buy
Maintained
$170.00
+15.6%
11/10/2026
Jim Kelleher
Argus Research
Buy
Reiterated
$180.00
+22.4%
11/04/2026
Ken Gawrelski
Wells Fargo
Buy
Maintained
$205.00
+39.4%
11/04/2026
Ygal Arounian
Wedbush
Buy
Reiterated
$176.00
+19.7%
11/05/2026
Tyler Radke
Citi
Buy
Maintained
$216.00
+46.8%
11/04/2026
Todd Coupland
CIBC
Buy
Maintained
$220.00
+49.6%
11/04/2026
David Hynes
Canaccord Genuity
Buy
Reiterated
$180.00
+22.4%
11/04/2026
Gabriela Borges
Goldman Sachs
Buy
Maintained
$200.00
+36%
11/04/2026
Timothy Chiodo
UBS
Hold
Maintained
$160.00
+8.8%
11/04/2026
Adam Wood
Morgan Stanley
Buy
Reiterated
$192.00
+30.5%
11/04/2026
Martin Toner
ATB Cormark Capital Markets
Hold
Maintained
CA$237.00
+61.1%
11/04/2026
Mark Shmulik
Bernstein
Buy
Reiterated
$165.00
+12.2%
11/03/2026
Deepak Mathivanan
Cantor Fitzgerald
Hold
Reiterated
$150.00
+2%
11/03/2026
Scott Devitt
Rosenblatt Securities
Buy
Maintained
$180.00
+22.4%
11/04/2026
Colin Sebastian
Robert W. Baird
Buy
Maintained
$175.00
+19%
11/04/2026
Ross Sandler
Barclays
Hold
Maintained
$145.00
-1.4%
11/04/2026
Samad Samana
Jefferies
Buy
Maintained
$175.00
+19%
11/03/2026
Thanos Moschopoulos
BMO Capital
Buy
Maintained
$175.00
+19%
11/03/2026
Justin Patterson
KeyBanc
Buy
Maintained
$185.00
+25.8%
11/02/2026
Mark Zgutowicz
StoneX
Buy
Reiterated
$170.00
+15.6%
11/02/2026
Kenneth Wong
Oppenheimer
Buy
Maintained
$205.00
+39.4%
10/23/2026
Paul Treiber
RBC Capital
Buy
Maintained
$200.00
+36%
10/23/2026
Bryan Smilek
J.P. Morgan
Buy
Maintained
-
-
10/15/2026
Jeff Cantwell
Seaport Global
Buy
Maintained
$180.00
+22.4%
10/08/2026
Siti Panigrahi
Mizuho Securities
Buy
Maintained
$180.00
+22.4%
09/23/2026
James Callahan CFA
Piper Sandler
Buy
Reiterated
$180.00
+22.4%
09/08/2026
Unknown Analyst
Rosenblatt Securities
Buy
Initiated
$175.00
+19%
08/19/2026
Terry Tillman
Truist Financial
Buy
Reiterated
$180.00
+22.4%
08/07/2026
Kevin Krishnaratne
Scotiabank
Buy
Maintained
$200.00
+36%
08/06/2026
Bhavin Shah
Deutsche Bank
Buy
Maintained
$185.00
+25.8%
08/06/2026
Scott Berg
Needham
Buy
Maintained
$180.00
+22.4%
08/05/2026
Andrew Boone
Citizens JMP
Buy
Maintained
$185.00
+25.8%
08/06/2026
J. Parker Lane
Stifel Nicolaus
Buy
Maintained
$180.00
+22.4%
08/06/2026
Mark Mahaney
Evercore ISI
Buy
Maintained
$175.00
+19%
08/05/2026
Tal Liani
Bank of America Securities
Buy
Maintained
$180.00
+22.4%
08/05/2026
Arjun Bhatia
William Blair
Buy
Maintained
-
-
08/05/2026
Doug Taylor
National Bank
Buy
Maintained
CA$180.00
+22.4%
08/05/2026
John Shao
TD Cowen
Buy
Maintained
$175.00
+19%
08/06/2026
Dominic Ball
Rothschild & Co Redburn
Hold
Downgraded
$130.00
-11.6%
07/21/2026
Keith Weiss
Morgan Stanley
Buy
Initiated
$192.00
+30.5%
07/21/2026
Gil Luria
D.A. Davidson
Buy
Reiterated
$140.00
-4.8%
05/06/2026
Trevor Young
Barclays
Hold
Maintained
$126.00
-14.3%
05/05/2026
Bradley Sills
Bank of America Securities
Buy
Reiterated
$190.00
+29.2%
02/11/2026
Michael Morton
MoffettNathanson
Buy
Upgraded
$150.00
+2%
02/09/2026
Rocco Strauss
Arete Research
Buy
Upgraded
-
-
02/02/2026
Last report
Nov 3, 2026
Fiscal period
Q3 2026
$0.49 / $0.46
+6.57%beat
Revenue / Est. (USD)
3.74B / 3.74B
-0.06%miss
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
3.67B
3.17B
3.58B
3.74B
Cost of goods sold
1.98B
1.62B
1.88B
1.96B
Cost of revenue
1.98B
1.62B
1.88B
1.96B
Research and development expenses
384.00M
433.00M
441.00M
492.00M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
554.00M
609.00M
633.00M
594.00M
Operating expense
948.00M
1.05B
1.08B
1.09B
Total operating expenses
2.93B
2.67B
2.95B
3.05B
Operating income
745.00M
498.00M
629.00M
688.00M
Other non operating income
-208.00M
-116.00M
-141.00M
-120.00M
EBT including unusual items
892.00M
-634.00M
1.78B
499.00M
EBT excluding unusual items
644.00M
427.00M
525.00M
616.00M
Income tax expense
149.00M
-53.00M
273.00M
37.00M
Effective tax rate
16.70%
8.36%
15.38%
7.41%
Other operating expenses
10.00M
6.00M
5.00M
7.00M
Net income
743.00M
-581.00M
1.50B
462.00M
Net profit margin
20.23%
-18.33%
41.92%
12.35%
Earnings per share
0.48
0.36
0.42
0.49
Interest and investment income
79.00M
75.00M
66.00M
65.00M
Interest expense
-
-
-
-
Net interest expenses
79.00M
75.00M
66.00M
65.00M
Depreciation and amortization charges
-
-
-
-
EBITDA
752.00M
505.00M
636.00M
695.00M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
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