SHOP Stock Summary and Trading Ideas (Shopify - Class A Subordinate Voting Shares | NASDAQ:SHOP)

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.

Shopify - Class A Subordinate Voting Shares trades on the NASDAQ stock market under the symbol SHOP.

As of September 23, 2026, SHOP stock price declined to $142.10 with 13,785,333 million shares trading.

SHOP has a beta of 2.35, meaning it tends to be more sensitive to market movements. SHOP has a correlation of 0.23 to the broad based SPY ETF.

SHOP has a market cap of $182.83 billion. This is considered a Large Cap stock.

Last quarter Shopify - Class A Subordinate Voting Shares reported $4 billion in Revenue and $.42 earnings per share. This beat revenue expectation by $145 million and exceeded earnings estimates by $.05.

In the last 3 years, SHOP traded as high as $182.19 and as low as $45.50.

The top ETF exchange traded funds that SHOP belongs to (by Net Assets): QQQ, QQQM, CGGR, ARKK, ARKE.

SHOP has underperformed the market in the last year with a return of -9.6%, while SPY returned +16.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SHOP shares. However, SHOP has outperformed the market in the last 3 month and 2 week periods, returning +31.6% and +6.0%, while SPY returned +3.3% and +0.4%, respectively. This indicates SHOP has been having a stronger performance recently.

SHOP support price is $142.41 and resistance is $153.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SHOP shares will trade within this expected range on the day.