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SHOP

Shopify Inc.
$120.14 +0.68 (+0.57%) At close · Jul 6
Market Cap
$155.90B
Shares
1,297,654,610

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$120.14 Open$118.96 Day$115.71–121.54 52W$94.00–182.19 Avg vol 30d9.0M Short int21.1M · 1.6% float · 2.7d Short vol48% Last earningsMay 5, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 5
Equibles Rating blended score · not investment advice
Overall
Buy
Technical · trend & momentum Buy
50 / 200-day cross no cross
Price vs 200-day avg −12% below
+ Price vs 50-day avg +7% above
RSI (14) 59 · neutral
+ MACD trend positive
52-week position 30% · mid-range
Sentiment · smart money Bullish
Trend (MA cross) 50d $112 › 200d $136 — 200d above 50d
+ Institutional flow 46 of 1,734 funds reported for Jun 30 · net +18.0K sh shares · +4 new
Insider flow No net insider activity over 90 days
+ Short interest 1.62% of float · ▼ -2.9% MoM · 2.7 days cover
Volume signal Volume near normal
Institution breadth 1,734 holders — mid 3-yr range
Fundamentals Strong
+ Revenue growth +30% Y/Y
+ Gross margin 48%, contracting
EPS growth −39% Y/Y
+ Free cash flow $2.0B
Valuation P/E 117.8 · rich
+ Buyback $3.6B remaining
+ Balance sheet net cash $1.5B

Blended from price, positioning & fundamentals · daily-close · not investment advice.

Up next
Next earnings call
Aug 3, 2026 Est · unconfirmed · in 4 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 5, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Guidance & track record
      Latest guidance · from the 8-K filed May 5, 2026
      Operating expenses as a percentage of revenue · second quarter of 2026 Initiated 35% – 36%
      Stock-based compensation · second quarter of 2026 Initiated $145M

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      1 · 3 · 2
      50 / 200-day cross
      no cross Neutral
      Price vs 200-day avg
      −12% below Bearish
      Price vs 50-day avg
      +7% above Bullish
      RSI (14)
      59 · neutral Neutral
      MACD trend
      positive Bullish
      52-week position
      30% · mid-range Neutral
      Market signals — smart money & positioning
      Bullish · 2 of 6
      Trend (MA cross) No cross
      50d $112 › 200d $136 — 200d above 50d
      Institutional flow Accumulating
      46 of 1,734 funds reported for Jun 30 · net +18.0K sh shares · +4 new
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      1.62% of float · ▼ -2.9% MoM · 2.7 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      1,734 holders — mid 3-yr range
      Price context
      position in its 52-week range
      52-wk low $94 Now $120 · 30% 52-wk high $182
      vs 200-day avg -12% vs 50-day avg +7%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      AI-driven traffic to Shopify stores growth 8 Q1 FY2026 call
      Shop app GMV growth 70% Q1 FY2026 call
      Shop app monthly active users growth 40% Q1 FY2026 call
      Shop app unique buyers growth 50% Q1 FY2026 call
      Shop Campaigns merchants with live campaign growth 3 Q1 FY2026 call

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Software - Application — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      SHOP
      Shopify Inc.
      this stock
      $155.90B -25.4% +26.1% 117.8 1.6%
      SAP
      Sap SE
      $191.89B -33.0% 0.9%
      UBER
      Uber Technologies, Inc
      $147.42B -11.4% +18.3% 18.0 2.7%
      CRM
      Salesforce, Inc.
      $138.84B -36.0% +25.9% 19.9 7.2%
      NOW
      ServiceNow, Inc.
      $114.16B -27.7% +39.0% 65.9 5.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,736
      % held
      66.5%
      Reported
      46 of 1,734
      Top holder
      Capital International Inv…
      Held Float
      View
      Held by Funds
      Fund positions
      815
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      21.1M
      Days to cover
      2.7d
      Change
      -636.8K sh
      View
      Short Volume
      Short vol %
      48%
      As of
      Jul 7, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      561
      Value
      $62.0K
      As of
      Jun 12, 2026
      View
      Off-Exchange
      Off-exchange %
      46.1%
      Week of
      May 4, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Jonathan Jackson
      Amount
      $1.0K–$15.0K
      Traded
      Feb 3, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $11.6B
      Net income (FY)
      $1.2B
      EPS diluted
      $0.94
      View
      Buybacks
      Authorized
      $5.0B
      Remaining
      $3.6B
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 2, 2026
      This year
      10
      View
      Proposed Sales
      Value
      $2.8M
      Shares
      24.0K
      Filed
      Jun 5, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jun 16, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      SHOP +2.8% +3.5% -27.0% +5.2% -25.4%
      SPY +3.1% -0.8% +8.2% +0.6% +10.2%
      vs SPY -0.3% +4.3% -35.2% +4.6% -35.5%

      Capital returns

      Buyback program · as of Jun 1, 2026
      Authorized
      $5.00B
      Spent (derived)
      $1.45B
      Remaining
      $3.55B
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1594805 CUSIP 82509L107 13F (30d) 82 filings 54 filers Visit website Investor relations