Stock of the Day for November 17, 2024

Shopify Stock Report

Shopify
SHOP 90-day performance NASDAQ:SHOP Shopify
Current Price
$117.06
-1.74 (-1.46%)
(As of 04/7/2026 04:00 PM ET)
30 Day Performance
-12.31%
  
  
90 Day Performance
-30.44%
  
  
1 Year Performance
51.85%
  
 
Market Capitalization
$152.66B
P/E Ratio
125.87
Price Target
$162.70

About Shopify

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations. These include payment processing, shipping and fulfillment tools, financing programs for qualified merchants, a marketplace for third-party apps and themes, and APIs that let developers extend functionality. Enterprise customers can access premium-level features and support through Shopify’s higher-tier offerings.

The company traces its origins to a project by its founders to sell snowboards online and formally launched as Shopify in 2006. Shopify completed a public offering in 2015, and since then has expanded its product set and global reach to serve businesses of many sizes, from small independent merchants to large-scale brands operating in multiple countries. Shopify is headquartered in Ottawa, Ontario, Canada, and supports merchants around the world.

Shopify was co-founded by Tobias Lütke, Daniel Weinand and Scott Lake; Tobias Lütke is widely recognized as a long-standing leader associated with the company’s product and engineering direction. The company’s ecosystem emphasizes ease of use, extensibility through third-party developers and partners, and a broad suite of services that aim to reduce the operational complexity of running an online business.

SHOP Company Calendar

NOV. 4, 2025
Last Earnings
APR. 8, 2026
Today
DEC. 31, 2026
Fiscal Year End

Recent Shopify News

Wells Fargo & Company Has Lowered Expectations for Shopify (NASDAQ:SHOP) Stock Price
Shopify (SHOP) Stock Slides as Market Rises: Facts to Know Before You Trade
SHOP Rides on Robust Merchant Solutions Revenues: More Upside Ahead?
Rheos Capital Works Inc. Trims Holdings in Shopify Inc. $SHOP
Barton Investment Management Sells 44,363 Shares of Shopify Inc. $SHOP
Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It
Shopify: Highly AI-Resistant, 'Buy' The Dip
This report was written by MarketBeat.com on April 8, 2026. This report first appeared on MarketBeat.com.