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Author Program NEWCreate Narrative
SHOP logo

Shopify Inc. Stock Price

NasdaqGS:SHOP Community·US$172.5b Market Cap
  • 8 Narratives written by author
  • 1 Comments on narratives written by author
  • 774 Fair Values set on narratives written by author
Author Program NEWCreate Narrative

SHOP Share Price Performance

US$126.79
-15.41 (-10.84%)
​
US$171.15
Fair Value
US$126.79
-15.41 (-10.84%)
25.9% undervalued intrinsic discount
US$171.15
Fair Value
Price US$126.79
AnalystConsensusTarget US$171.15
yiannisz US$251.83
QuanD US$210.47
Thu, 3 Sep 26
Fair ValueUS$171.15
Share Pricen/a

SHOP Community Narratives

AN
AnalystConsensusTarget
AnalystConsensusTarget's
Fair Value
·
Fair Value US$171.15 25.9% 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
92users have followed this narrative
YI
yiannisz's
Fair Value
·
Fair Value US$251.83 49.7% 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
27users have followed this narrative
QU
QuanD
QuanD's
Fair Value
·
Fair Value US$210.47 39.8% undervalued intrinsic discount

The Default Platform for Entrepreneurs that Keeps Compounding

0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
SHOP logo
Shopify
39.8% undervalued intrinsic discount
New

The Default Platform for Entrepreneurs that Keeps Compounding

View narrative
QU
QuanD
QuanD
Published 4 Sep
Read Narrative
SHOP logo
Shopify
32.1% undervalued intrinsic discount

Massive Social Commerce Tailwinds Promise Shopify's Future Growth

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NA
nav
nav
Updated 21 Nov 2025
Read Narrative
SHOP logo
Shopify
49.7% undervalued intrinsic discount

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

View narrative
YI
yiannisz
Updated 30 Jan
Read Narrative
SHOP logo
Shopify
225.1% overvalued intrinsic discount

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

View narrative
GO
Goran_Damchevski
Goran_Damchevski
Published 19 Jun 2024
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SHOP logo
Shopify
13.3% overvalued intrinsic discount

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

View narrative
BU
Butter_Bat
Published 30 Sep 2024
Read Narrative
SHOP logo
Shopify
25.9% undervalued intrinsic discount

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

View narrative
AN
AnalystConsensusTarget
AnalystConsensusTarget
Updated 3 Sep
Read Narrative
SHOP logo
Shopify
2.5% overvalued intrinsic discount

Global E-Commerce Saturation And Rising Costs Will Worsen Future Stability

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AN
AnalystLowTarget
AnalystLowTarget
Updated 20 Aug
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SHOP logo
Shopify
34.1% undervalued intrinsic discount

Europe And Asia Will Drive Global Online Commerce Expansion

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AN
AnalystHighTarget
AnalystHighTarget
Updated 6 Jul
Read Narrative

Trending Discussion

No trending discussion available.

Recently Updated Narratives

QU
QuanD
SHOP logo

The Default Platform for Entrepreneurs that Keeps Compounding

Fair Value: US$210.47 39.8% undervalued intrinsic discount
3 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative
YI
SHOP logo

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

Fair Value: US$251.83 49.7% undervalued intrinsic discount
27 fair values setusers have set this as their fair value
1 commentusers have commented on this narrative
1 likeusers have liked this narrative
NA
nav
SHOP logo

Resilient performance despite tariff and consumer sentiment pressure

Fair Value: US$186.64 32.1% undervalued intrinsic discount
23 fair values setusers have set this as their fair value
0 commentsusers have commented on this narrative
0 likesusers have liked this narrative

Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

2 Risks
2 Rewards
View Full Analysis

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 • 23h

Shopify Is Dominating But May Run Out Of Steam (Downgrade)

Summary Shopify is delivering exceptional growth, leveraging AI to deepen customer integration and accelerate market share gains. SHOP posted 34% YoY revenue growth and positive GAAP operating income, with management guiding for continued low-thirties revenue growth next quarter. AI initiatives, notably Sidekick, are driving merchant adoption and reinforcing SHOP’s competitive position against Amazon. Despite operational strength, I downgrade SHOP to neutral due to valuation concerns and limited margin of safety at 78x earnings. Read the full article on Seeking Alpha
User avatar
New Narrative • Sep 04

The Default Platform for Entrepreneurs that Keeps Compounding

I’ve owned Shopify for many years, and my conviction originally came from seeing the product work in the real world. While working at an agency, one of our clients migrated their business to Shopify.

Recent updates

No updates

Shopify Inc. Competitors

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Market cap: US$218.7b
View more competitors

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