SHOP logo

Shopify Inc. Stock Price

NasdaqGS:SHOP Community·US$198.6b Market Cap
  • 7 Narratives written by author
  • 1 Comments on narratives written by author
  • 745 Fair Values set on narratives written by author

SHOP Share Price Performance

US$154.32
11.21 (7.83%)
US$251.83
Fair Value
US$154.32
11.21 (7.83%)
38.7% undervalued intrinsic discount
US$251.83
Fair Value
Price US$154.32
yiannisz US$251.83
AnalystConsensusTarget US$160.59
Goran_Damchevski US$39.00

SHOP Community Narratives

Fair Value
·
Fair Value US$251.83 38.7% undervalued intrinsic discount

Shopify: The Quiet Shift From Store Builder to Commerce Operating System

3users have liked this narrative
1users have commented on this narrative
26users have followed this narrative
·
Fair Value US$160.59 3.9% undervalued intrinsic discount

SHOP: Expansion And AI Integration Will Drive Continued Market Share Gains

1users have liked this narrative
0users have commented on this narrative
83users have followed this narrative
·
Fair Value US$39 295.7% overvalued intrinsic discount

Large Brands and New Verticals to Push Revenues Higher But Cheap Ecomm Software Risks Remain

2users have liked this narrative
0users have commented on this narrative
11users have followed this narrative
US$186.64
17.3% undervalued intrinsic discount
Fair Value
Revenue
12% p.a.
Profit Margin
23.42%
Future PE
84.3x
Price in 2030
US$278.22
US$251.83
38.7% undervalued intrinsic discount
Fair Value
Revenue
18.89% p.a.
Profit Margin
16.65%
Future PE
119.25x
Price in 2030
US$377.18
US$111.86
38.0% overvalued intrinsic discount
Fair Value
Revenue
19% p.a.
Profit Margin
22%
Future PE
30x
Price in 2034
US$213.15
US$160.59
3.9% undervalued intrinsic discount
Revenue
24.74% p.a.
Profit Margin
15.08%
Future PE
66.24x
Price in 2029
US$206.11
US$192.4
19.8% undervalued intrinsic discount
Revenue
36.87% p.a.
Profit Margin
15.04%
Future PE
66.53x
Price in 2029
US$245.62
US$105
47.0% overvalued intrinsic discount
Revenue
20.98% p.a.
Profit Margin
13.08%
Future PE
60.17x
Price in 2029
US$133.41

Trending Discussion

No trending discussion available.

Updated Narratives

SHOP logo

Shopify: The Quiet Shift From Store Builder to Commerce Operating System

Fair Value: US$251.83 38.7% undervalued intrinsic discount
26 users have set this as their fair value
1 users have commented on this narrative
1 users have liked this narrative
SHOP logo

Resilient performance despite tariff and consumer sentiment pressure

Fair Value: US$186.64 17.3% undervalued intrinsic discount
23 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
SHOP logo

Continuing market dominance, long lasting tailwinds, great optionality, exceptional management and continuous innovation.

Fair Value: US$111.86 38.0% overvalued intrinsic discount
6 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Flawless balance sheet with high growth potential.

2 Risks
1 Reward

Shopify Inc. Key Details

US$13.3b

Revenue

US$6.9b

Cost of Revenue

US$6.3b

Gross Profit

US$4.4b

Other Expenses

US$1.9b

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
1.50
47.77%
14.53%
0%
View Full Analysis

About SHOP

Founded
2004
Employees
7600
CEO
Tobias Lutke
WebsiteView website
www.shopify.com

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.

Recent SHOP News & Updates

Seeking Alpha Aug 12

Shopify: Richer Rule Of 52% Underscores Accelerating SaaS Monetization Flywheel

Summary SaaSpocalypse fears have been debunked by SHOP, given the durable monetization cadence across the accelerating GMV, robust retention, and AI-driven commerce tools. The same has been observed in the accelerating Rule of 52% performance in FQ2'26 (+5 points YoY, across revenue growth/FCF margin). SHOP's recent rally has triggered the expensive P/E of 79.81x and 3Y PEG of 2.51x, along with the somewhat pulled forward upside potential to my LTPT of $206. Risks include ongoing insider selling and seasonal trading weakness through October months, along with the notable gap to its base uptrend support line. Despite the fundamentally robust commerce SaaS monetization cadence, SHOP is downgraded to a Hold here, pending the materialization of a dip for an improved margin of safety. Read the full article on Seeking Alpha

Recent updates

No updates