Companies /Technology

Shopify Inc - Class A

NYSE: SHOP Software - Application
$153.03
▲ $10.46 (+7.34%) today
Markets closed · 4:40pm ET

24/7 Wall St. View

SHOP at a Glance

Valuation
Market cap
$202.7B
P/E ratio
105.6
Profitability
Revenue (TTM)
$13.3B
Profit margin
14.5%
EPS (TTM)
$1.48
Price
52-week range
$94 – $181
24/7 target
$163.23
Street target
$176.88

Headquartered in Ottawa, ON Fiscal year ends December NYSE: SHOP shopify.com

About Shopify

Shopify provides internet infrastructure for commerce through an all-in-one platform that helps businesses start, run, and grow, powering sales online, in-store, and across other channels. Millions of businesses in 175+ countries use the platform, ranging from entrepreneurs to brands such as Aldo, BarkBox, Carrier, Meta, SKIMS, Supreme, and Vuori. Shopify earns revenue through two segments. Subscription Solutions consists of platform subscription plans, tracked via Monthly Recurring Revenue. Merchant Solutions comprises payment processing and other merchant services, including loans and merchant cash advances, monetized against the Gross Merchandise Volume flowing through the platform. The company is expanding commerce capabilities into new surfaces and AI-driven agentic channels. Updated

Latest Activity

Biggest movers · At the close
  • CIFRCipher Digital$8.07+17.7%
  • FNFabrinet$359.88+14.6%
  • MARAMARA$7.16+11.3%
  • IRENIREN$24.42+10.9%
  • APLDApplied Digital$17.79+9.7%
  • SHOPShopify$143.21-8.3%
  • FIGFigma$21.03-5.2%
  • APOApollo Global Management$114.16-4.5%
  • DUOLDuolingo$129.21-4.5%
  • EXPEExpedia$286.34-4.2%

Four of Monday's five biggest gainers were bitcoin miners and data center names, led by Cipher Digital's 17.7% close. Shopify ran the other way with an 8.3% drop, the session's sharpest decline across 381 priority stocks.

SHOPShopify
Regular session
$146.73
+7.72%open $136.22

A 7.72% intraday jump to $146.73 on the Q3 earnings reaction is the kind of repricing that rarely retraces quietly in this name. Where it closes tells you whether buyers believe the quarter or just chased it.

Biggest movers · On the open
  • FNFabrinet$355.82+13.3%
  • BEBloom Energy$211.83+7.9%
  • ALABAstera Labs$246.01+7.1%
  • CIFRCipher Digital$7.33+6.8%
  • NVTSNavitas Semiconductor$8.43+6.3%
  • TRIThomson Reuters$110.21-9.8%
  • SHOPShopify$142.3-8.9%
  • APOApollo Global Management$113.56-5.0%
  • PLTRPalantir$170.08-4.6%
  • INFYInfosys$12.01-4.1%

Fabrinet opened 13.32% higher at $355.82, the widest single move across 382 priority names this morning. Thomson Reuters anchors the other end, down 9.84%, with Shopify close behind.

SHOPShopify
Q3 2026
EPS
$0.49
est $0.46+6.6%
Revenue
$3.74B
est $3.74B-0.1%

Traders took roughly 17% out of the stock within minutes of the filing, with an EPS beat and revenue in line with estimates. Margin mix is the problem: Merchant Solutions revenue rose 35% while gross profit grew 28%.

Quarterly EPS — reported vs estimate
SHOPShopify
New 52-week high$179.22+0.1% vs prior high · 2025-10-29

Shopify closed at a record, clearing the October 29, 2025 peak by 0.12%. No prior high is left overhead.

Biggest movers · At the close
  • SHOPShopify$179.5+5.1%
  • SNAPSnap$6.53+4.8%
  • CCZComcast$65+4.1%
  • METAMeta$743.16+3.4%
  • MDTMedtronic$91.45+3.4%
  • CIENCiena$402.61-10.5%
  • LITELumentum$994.95-9.8%
  • IONQIonQ$36.17-9.3%
  • LCIDLucid$3.44-9.2%
  • AAOIApplied Optoelectronics$100.76-8.1%

The optical names took the worst of it at the close, with Ciena down 10.49% and Lumentum and Applied Optoelectronics close behind. Shopify's gain led a much tamer move on the other side of the 382-stock board.

Biggest movers · On the open
  • AIC3.ai$12.68+10.0%
  • NOWServiceNow$146.84+4.3%
  • CRMSalesforce$238.32+4.0%
  • SHOPShopify$177.66+4.0%
  • INTUIntuit$313.58+3.6%
  • AAOIApplied Optoelectronics$103.05-6.0%
  • CIENCiena$424.25-5.7%
  • LITELumentum$1,042.18-5.5%
  • NVTSNavitas Semiconductor$10.2-5.4%
  • SNDKSanDisk$1,507.87-4.7%

C3.ai is up 9.97% at the open, leading a board where ServiceNow, Salesforce, Shopify and Intuit all gained 3.5% or more. Applied Optoelectronics is down 6% on the other end of the same board.

the e-commerce platform fight · 3y
$10K invested in each — worth today:
SHOP$30.7K3.1×
AMZN$20.0K2.0×

Three years ago, $10,000 split between Shopify and Amazon looked like the same e-commerce bet. Shopify's half is now worth $30,678 against Amazon's $19,959, a gap of more than $10,700 on identical money.

Mad Money w/ Jim Cramer 9/29/26

  • Cramer says the 30-year Treasury yield is the highest in 24 years, with over 40% of S&P 500 names in a bear market
  • Public backlash against AI and data centers is the new narrative risk that could make October ugly
  • Goldman Sachs called the most beaten-down of a caller's bank ideas alongside Capital One and BNY Mellon
  • Interviews with Meta's Dina Powell McCormick on its AI agent Muse and BWX Technologies on its new long-term strategy

Cramer's message: public perception is now the AI trade's problem, and he thinks that plus long-end yields sets up a rough October. He still wants Goldman Sachs on weakness, calling it the most beaten-down of the bank names raised by a caller.

SHOP Coverage

Frequently Asked Questions

What does Shopify do?

Shopify provides internet infrastructure for commerce through an all-in-one platform that helps businesses start, run, and grow, powering sales online, in-store, and across other channels.

What is the SHOP stock price target?

24/7 Wall St.'s 12-month price target for SHOP is $163.23, rated Buy. The Wall Street consensus target is $176.88. SHOP price prediction →