Yahoo · Oct 9, 2026
1 Stat That Makes Shopify Hard to Ignore Right Now
Shopify stock looks riskier after recent valuation gains, but it's posting strong earnings growth.
SH
NASDAQ · SHOP
Shopify Inc.
Technology · Software - Application
$170.85
Up+$6.29 (+3.82%)
Updated Oct 10, 2026, 11:09 PM
SID Score
6.7/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 214.51B
- P/E ratio
- 120.28
- Dividend yield
- 0.00%
- 52-week range
- $94.00 – $182.19
- Volume
- 6.76M
- Avg. volume
- 8.49M
Price performance · SHOP
SHOP price history
1M range · 21 trading sessions · Daily adjusted prices
Prices through Oct 9, 2026
SHOP closed at $170.85 after 21 trading sessions, up 32.66% for the selected period.
- Last close
- $170.85
- Period change
- +32.66%
- Period low
- $128.50
- Period high
- $170.85
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 9, 2026 | $166.045 | $171.045 | $165.7552 | $170.85 | 6.76M |
| Oct 8, 2026 | $165.28 | $167.94 | $164.02 | $164.56 | 7.22M |
| Oct 7, 2026 | $162.57 | $166.9625 | $161.37 | $166.03 | 6.48M |
| Oct 6, 2026 | $166.02 | $166.28 | $163.10 | $164.44 | 9.78M |
| Oct 5, 2026 | $153.06 | $162.99 | $151.70 | $160.11 | 8.96M |
| Oct 2, 2026 | $151.77 | $153.01 | $150.28 | $151.39 | 5.73M |
| Oct 1, 2026 | $150.17 | $152.64 | $148.01 | $149.09 | 4.93M |
| Sep 30, 2026 | $148.68 | $151.725 | $147.04 | $148.30 | 7.01M |
| Sep 29, 2026 | $143.91 | $149.34 | $142.43 | $148.26 | 8.72M |
| Sep 28, 2026 | $138.04 | $144.05 | $136.49 | $144.01 | 8.15M |
| Sep 25, 2026 | $144.47 | $144.9736 | $140.9323 | $142.25 | 5.99M |
| Sep 24, 2026 | $140.56 | $145.96 | $140.30 | $145.16 | 9.46M |
| Sep 23, 2026 | $146.62 | $151.29 | $135.68 | $142.34 | 20.9M |
| Sep 22, 2026 | $144.55 | $150.18 | $144.25 | $147.74 | 25.47M |
| Sep 21, 2026 | $128.795 | $138.03 | $126.39 | $137.92 | 16.65M |
| Sep 18, 2026 | $128.79 | $129.40 | $126.825 | $128.50 | 11.11M |
| Sep 17, 2026 | $130.25 | $130.80 | $127.64 | $128.60 | 7.02M |
| Sep 16, 2026 | $129.65 | $132.685 | $128.61 | $129.96 | 6.38M |
| Sep 15, 2026 | $132.38 | $133.24 | $129.64 | $129.86 | 6.18M |
| Sep 14, 2026 | $129.14 | $134.74 | $128.09 | $133.89 | 7.64M |
| Sep 11, 2026 | $130.75 | $131.97 | $128.39 | $128.79 | 10.78M |
Latest SHOP news
The latest Smart Investors Daily articles mentioning SHOP.
Stock researchCompany · Overview
Company
Market Activity
Research & News
SHOP research
Overview
Company profile and research snapshot.
Company profile
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $183.20
- Implied upside
- —
- Analysts
- 30
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 6, 2026 | JP Morgan | Overweight | — |
| Sep 23, 2026 | Wedbush | Outperform | — |
| Sep 11, 2026 | Bernstein | Outperform | — |
| Sep 8, 2026 | Piper Sandler | Overweight | — |
| Aug 20, 2026 | Rosenblatt | Buy | — |
News briefing
No generated briefing is available yet.
Yahoo · Oct 9, 2026
Will Shopify (SHOP) Beat Estimates Again in Its Next Earnings Report?
Shopify (SHOP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Yahoo · Oct 9, 2026
The Fragmenting Gate: Who Controls Agentic Commerce Is Splitting Across Every Layer
While 89% of merchants are actively preparing for agentic commerce, only 3% of transactions currently involve autonomous agents, according to the Checkout.com 2026 report. This gap between preparation and execution is not merely a technical hurdle; it is a structural collision. As the industry attempts to scale, the control points of digital commerce are fragmenting […]
Yahoo · Oct 9, 2026
1 Profitable Stock with Exciting Potential and 2 We Question
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn’t mean it will thrive tomorrow.
AI research layers
Interpretive context generated from the platform’s current data sources.
Shopify Inc. Stock Performance
Shopify Inc. shares have demonstrated significant upward momentum in recent months, trading at $170.85 per SID market data. The stock has gained 29.79% over the past month and 34.29% over the trailing three months, though the one-year return stands at a more modest 2.03%. SHOP currently trades well above key moving averages, with the 50-day moving average at $143.85 and the 200-day moving average at $129.53, reflecting sustained bullish technical positioning. The 14-day relative strength index registers at 82.4, placing the stock firmly in overbought territory per Massive/Polygon data. Average daily trading volume stands at approximately 8.49 million shares, supporting liquidity for the $214.5 billion market capitalization company. Shopify carries a beta of 2.83, indicating substantially higher volatility relative to the broader market and amplifying both upside and downside price movements.
Shopify Inc. Valuation Analysis
Shopify Inc. trades at a price-to-earnings ratio of 120.28, reflecting a premium valuation characteristic of high-growth technology companies, per SID market data. The stock's price-to-book ratio stands at 17.12, indicating the market assigns significant value to Shopify's intangible assets and future growth potential beyond its balance sheet book value. The PEG ratio registers at negative 4.95, which stems from declining earnings growth rate estimates and limits the metric's interpretive utility in this context. Shopify does not pay a dividend, consistent with its strategy of reinvesting capital into platform development and market expansion. Within the Technology sector, this valuation profile positions SHOP among the most richly valued large-cap names. According to SEC filings, Shopify's current market capitalization of approximately $214.5 billion underscores investor willingness to pay a substantial premium for the company's e-commerce platform dominance and merchant ecosystem growth trajectory.
Smart Money Activity for SHOP
Shopify Inc. registers a composite smart money score of 58 out of 100 with a neutral overall signal, per SID market data. Institutional activity represents the strongest component, scoring a perfect 25 out of 25, indicating substantial accumulation by major fund managers as reflected in 13F institutional filings. Congressional trading activity scores 12 out of 25, suggesting moderate engagement from legislative members. Insider activity scores 12.5 out of 25 per SEC Form 4 filings, reflecting a balanced pattern of executive transactions without aggressive buying or selling signals. Dark pool activity registers at just 8.5 out of 25, representing the weakest component and suggesting limited off-exchange block trading interest at current price levels. The divergence between strong institutional conviction and subdued dark pool activity presents a nuanced picture, where large asset managers maintain positions while short-term institutional flows through alternative trading systems remain relatively muted. This mixed profile supports the overall neutral classification.
Shopify Inc. Earnings Outlook
Shopify Inc. has delivered consecutive positive earnings surprises in its two most recently reported quarters, according to company earnings reports. The quarter reported on May 5, 2026 showed earnings per share of $0.36, exceeding the consensus estimate of $0.31 by $0.05. Similarly, the quarter reported on August 5, 2026 produced EPS of $0.42, surpassing the $0.37 estimate by $0.05. These results demonstrate consistent execution above analyst expectations. Looking ahead, the upcoming quarter scheduled for reporting on May 7, 2026 carries an analyst consensus estimate of $0.29 per share, while the quarter expected on November 3, 2026 has an estimate of $0.43 per share, per analyst estimates. The projected sequential increase from $0.29 to $0.43 reflects anticipated earnings growth across reporting periods. Shopify's pattern of beating estimates by approximately 13-16% in recent quarters provides context for evaluating forward projections.
Wall Street Analyst Ratings for SHOP
Wall Street consensus on Shopify Inc. remains decidedly bullish, with all five most recent analyst actions carrying positive ratings, per Wall Street analyst reports. On October 6, 2026, JP Morgan reiterated its Overweight rating, maintaining conviction in the stock. Wedbush reiterated an Outperform rating on September 23, while Piper Sandler reaffirmed its Overweight stance on September 8. Notably, two firms initiated coverage with positive ratings during this period: Bernstein initiated with an Outperform rating on September 11, and Rosenblatt initiated with a Buy rating on August 20, per SID consensus data. The absence of any neutral or negative ratings among recent analyst actions reflects broad institutional confidence in Shopify's business trajectory. The clustering of five positive ratings within a seven-week window is particularly notable, coinciding with the stock's 29.79% one-month price appreciation. No analyst downgrades or underperform ratings were recorded during this period.
