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 August 28, 2026, SHOP stock price declined to $152.90 with 4,558,303 million shares trading.

SHOP has a beta of 2.23, meaning it tends to be more sensitive to market movements. SHOP has a correlation of 0.22 to the broad based SPY ETF.

SHOP has a market cap of $196.73 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 price return of +9.3% while the SPY ETF gained +20.1%. However, in the short term, SHOP had mixed performance relative to the market. It has outperformed in the last 3 months, returning +43.4% vs +2.8% return in SPY. But in the last 2 weeks, SHOP shares have been beat by the market, returning -3.6% compared to an SPY return of -1.1%.

SHOP support price is $150.36 and resistance is $158.30 (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.