MetaCap

Shopify Inc. Class A Subordinate Voting Shares (SHOP)

NASDAQ: SHOPTechnologyComputer Software: Prepackaged SoftwareUSD

166.03+1.59 (+0.97%)

At close: Oct 7, 4:00 PM ET · Delayed 15 min

SHOP stock chart

Technical analysis

Key statistics

All statistics
Market cap
$215.45B
P/E (TTM)
112.18
52-week range
94.00 – 182.19
Day range
161.38 – 166.96
Volume / Avg
6.32M / 9.43M
Beta
—
Next earnings
Nov 3, 2026

52-week range

$94.00$182.19

SHOP stock today

Shopify (SHOP) closed at $166.03 on Oct 7, up 0.97% (+$1.59), versus the S&P 500's 0.22% decline. At this level, SHOP sits near the top of its 52-week range of $94.00 to $182.19: 8.9% below the high, set on Oct 29, 2025 and 76.6% above the low. SHOP is up 3.1% year to date, underperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 2.9%.

At 112.2x trailing earnings, Shopify trades above the peer-group median of 48.9x. Its forward P/E of 67.7x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. Shopify's next earnings report is expected on Nov 3, 2026.

Summary generated from market data by MetaCap's automated system. Methodology

About Shopify

Company profile

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.

Industry
Computer Software: Prepackaged Software
CEO
Mr. Tobias Lutke
Headquarters
Ottawa, ON
Employees
7,600

Financial highlights

Full financials

In fiscal 2025, Shopify generated $11.56 billion in revenue, up 30.1% from fiscal 2024, its 12th consecutive year of revenue growth. Net income was $1.23 billion (-39.0% year over year), for a net margin of 10.7% versus a median of 10.9% in the prior 5 years. Gross margin was 48.1% (down from 50.4%) and operating margin 12.7%.

Shopify annual revenue, net income and EPS
Fiscal yearFY 2025FY 2024FY 2022FY 2022FY 2021
Revenue$11.56B$8.88B$7.06B$5.60B$4.61B
Growth+30.14%+25.78%+26.07%+21.43%+57.43%
Net income$1.23B$2.02B$132.00M$-3.46B$2.91B
EPS (diluted)$0.94$1.55$0.10$-2.73$2.29

Analyst forecast

Forecast

Consensus (54 analysts)

buy

Avg. price target

$173.08+4.25%

  • Strong buy 11
  • Buy 31
  • Hold 11
  • Sell 1
  • Strong sell 0

Target range

Low $120.00High $220.00

Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.

Earnings

Earnings history
Next report
Nov 3, 2026
EPS estimate
$0.33
Last reported (Q2 2026)
Aug 5, 2026
EPS actual vs est.
$1.16 vs —

SHOP news

All SHOP news

Shopify peers

Technology sector
SHOP peer companies
CompanyPrice% ChgMarket capCompare
CRMSalesforce Inc.224.56-0.19%$184.81Bvs SHOP
SAPSAP SE ADS210.13-0.16%$242.53Bvs SHOP
CRWDCrowdStrike Holdings Inc. Class A265.44-4.81%$271.79Bvs SHOP
NOWServiceNow Inc.137.87-0.07%$142.54Bvs SHOP
NETCloudflare Inc. Class A342.97-3.39%$122.12Bvs SHOP
SNOWSnowflake Inc.332.85-0.92%$117.43Bvs SHOP
CDNSCadence Design Systems Inc.356.12-0.95%$98.07Bvs SHOP
DDOGDatadog Inc. Class A271.34-2.48%$97.43Bvs SHOP

Indexes, lists and sector

Shopify stock FAQ

What is Shopify's stock price today?

SHOP last traded at $166.03 as of Oct 7, 4:00 PM EDT, up 0.97% on the day. Prices are delayed at least 15 minutes.

Does Shopify pay a dividend?

No. Shopify does not currently pay a regular cash dividend.

When is Shopify's next earnings date?

Shopify is expected to report earnings on Tuesday, November 3, 2026. Analysts expect EPS of $0.33.

What is SHOP's P/E ratio?

SHOP trades at a trailing P/E ratio of 112.18 and a forward P/E of 67.74, compared with a median of 48.9 for its closest peers.

Is Shopify in the S&P 500?

No. Shopify is not currently a member of the S&P 500; it is included in the NDX.

Who is Shopify's CEO?

Mr. Tobias Lutke is the chief executive officer of Shopify Inc. Class A Subordinate Voting Shares, which has about 7,600 employees.

Has SHOP ever split its stock?

Yes. The most recent SHOP stock split was a 10-for-1 split on Jun 29, 2022.

Compare SHOP