SHOP

Shopify Inc

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Advanced Chart

123.010

-1.84(-1.474%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

125.940

Open

123.970

VWAP

124.09

Vol

6.70M

Mkt Cap

159.59B

Low

122.160

Amount

831.72M

EV/EBITDA(TTM)

126.42

Total Shares

1.29B

155.00B

EV/OCF(TTM)

88.82

P/S(TTM)

17.06

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them 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, all from one integrated back office. The Shopify's platform operates across 175 countries.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q1

3.35B

+19.3%

0.286

+9.97%

2.63B

+21.67%

0.262

+30.85%

Estimates Revision

The market is revising Upward the revenue expectations for Shopify Inc. (SHOP) for FY2025, with the revenue forecasts being adjusted by 0.63% over the past three months. During the same period, the stock price has changed by 26.80%.

Revenue Estimates for FY2025

Revise Upward

+0.63%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-5.24%

In Past 3 Month

Stock Price

Go Up

+26.80%

In Past 3 Month

31 Analyst Rating

-5.94% Downside

Wall Street analysts forecast SHOP stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHOP is 115.70 USD with a low forecast of 90.00 USD and a high forecast of 135.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

21 Buy

10 Hold

0 Sell

Moderate Buy

-5.94% Downside

Current: 123.010

Low

90.00

Averages

115.70

High

135.00

-5.94% Downside

Current: 123.010

Low

90.00

Averages

115.70

High

135.00

Oppenheimer

Outperform

maintain

$125 -> $145

2025-07-28

New

Reason

Oppenheimer

Price Target

$125 -> $145

2025-07-28

New

maintain

Outperform

Reason

Oppenheimer raised the firm's price target on Shopify to $145 from $125 on lower tariff risks, higher top-line confidence, and multiple, while keeping an Outperform rating on the shares. The firm says sentiment is positive with 3P data showing gross merchandise value should come in a couple of points above Street, offset by lighter MRR dynamics. Oppenheimer sees a modest top-line beat with 3P data pointing to a slight outperformance, high-30%s OpEx mix, and free cash flow margin slightly ahead of consensus, with any potential revenue beat hitting profitability.

Scotiabank

Sector Perform

maintain

$90 -> $115

2025-07-28

New

Reason

Scotiabank

Price Target

$90 -> $115

2025-07-28

New

maintain

Sector Perform

Reason

Scotiabank raised the firm's price target on Shopify to $115 from $90 and keeps a Sector Perform rating on the shares. While the firm maintains its rating on the stock, recent U.S. e-commerce strength and increased exposure to International and Enterprise markets may help drive a beat in gross merchandise value and deliver upside to outlook on revenue growth, the analyst tells investors.

Arete

Buy -> Neutral

downgrade

2025-07-23

Reason

Arete

Price Target

2025-07-23

downgrade

Buy -> Neutral

Reason

Arete downgraded Shopify to Neutral from Buy, saying the shares are \"priced to perfection.\"

Arete

Buy -> Neutral

downgrade

$125

2025-07-23

Reason

Arete

Price Target

$125

2025-07-23

downgrade

Buy -> Neutral

Reason

Arete downgraded Shopify to Neutral from Buy with a $125 price target. The firm believes the shares are "priced to perfection." Shopify now trades at a "heady valuation" that assumes "flawless results," the analyst tells investors in a research note. Arete also views Alphabet's AI Mode as a threat to Shopify's payments revenue.

Loop Capital

Buy

Hold

downgrade

$120

2025-07-22

Reason

Loop Capital

Price Target

$120

2025-07-22

downgrade

Buy

Hold

Reason

Loop Capital downgraded Shopify to Hold from Buy with an unchanged price target of $120. The downgrade is based on valuation and not a more bearish view of the company's fundamentals, the analyst tells investors in a research note. Loop says Shopify remains one of the most competing long-term stories in its coverage. However, with the stock trading at 14.7 times its estimated 2025 revenue, Loop believes the shares already price in its bullish outlook. As such, it now prefers to wait for a more attractive entry point.

KeyBanc

Overweight

maintain

$115 -> $145

2025-07-22

Reason

KeyBanc

Price Target

$115 -> $145

2025-07-22

maintain

Overweight

Reason

KeyBanc raised the firm's price target on Shopify to $145 from $115 and keeps an Overweight rating on the shares. The firm expects Shopify to report another beat and raise quarter, reflecting relatively stable macro conditions, product innovation, and international progress. Given gross merchandise volume momentum, KeyBanc believes Shopify could potentially choose to reinvest more in marketing, which may limit near-term margin progression but would signal investment opportunities remain attractive.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Shopify Inc (SHOP.N) is 84.26, compared to its 5-year average forward P/E of -19.14. For a more detailed relative valuation and DCF analysis to assess Shopify Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-19.14

Current PE

84.26

Overvalued PE

432.78

Undervalued PE

-471.06

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

25.30

Current EV/EBITDA

80.78

Overvalued EV/EBITDA

512.49

Undervalued EV/EBITDA

-461.88

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

17.60

Current PS

14.27

Overvalued PS

28.97

Undervalued PS

6.23

Financials

Annual

Quarterly

FY2025Q1

YoY :

+26.81%

2.36B

Total Revenue

FY2025Q1

YoY :

+136.05%

203.00M

Operating Profit

FY2025Q1

YoY :

+149.82%

-682.00M

Net Income after Tax

FY2025Q1

YoY :

+152.38%

-0.53

EPS - Diluted

FY2025Q1

YoY :

+56.47%

363.00M

Free Cash Flow

FY2025Q1

YoY :

-3.68%

49.53

Gross Profit Margin - %

FY2025Q1

YoY :

+29.90%

18.42

FCF Margin - %

FY2025Q1

YoY :

+97.00%

-28.90

Net Margin - %

FY2025Q1

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

1.3M

Volume

6-9

Months

3.0M

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

9.4M

Volume

Months

6-9

6.1M

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

24.0K

USD

6-9

Months

0.0

USD

0-12

Months

8.0K

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

32.0K

USD

Months

0-12

8.0K

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

SHOP News & Events

Events Timeline

2025-07-16 (ET)

2025-07-16

10:17:00

OpenAI to take cut of ChatGPT's shopping sales, FT reports

2025-06-18 (ET)

2025-06-18

13:20:18

PayPal, Block under pressure following Coinbase Payments news

2025-06-18

13:14:43

Coinbase introduces Coinbase Payments

News

8.5

07-30Benzinga

PinnedHow 26‑Year‑Old Din Bisevac Turned A Burned‑Out Startup Into A $58M Google Ventures Success Story

3.5

07-30TipRanks

Alphabet (GOOGL) Tells Employees to Adopt AI More Quickly

7.5

07-30TipRanks

SHOP, TRI, QSR: Bank of Canada Holds Interest Rates Steady as U.S. Tariffs Hang Over Economy

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FAQ

What is Shopify Inc (SHOP) stock price today?

The current price of SHOP is 123.01 USD — it has decreased -1.47 % in the last trading day.

SHOP

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

SHOP News & Events

Events Timeline

News

People Also Watch

FAQ

What is Shopify Inc (SHOP) stock price today?

What is Shopify Inc (SHOP)'s business?

What is the price predicton of SHOP Stock?

What is Shopify Inc (SHOP)'s revenue for the last quarter?

What is Shopify Inc (SHOP)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Shopify Inc (SHOP)'s fundamentals?

How many employees does Shopify Inc (SHOP). have?

What is Shopify Inc (SHOP) market cap?