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Shopify Inc. (SHOP) Stock Analysis

SellModerate Confidence

Technology · Software - Application

Earnings in 4 days (2026-05-05). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. At $126.25, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.4): -0.5; Earnings in 4 days (event risk).

Shopify provides e-commerce infrastructure to millions of merchants in 175+ countries across online, in-store, social media, and AI platforms; as of December 31, 2025, 44% of merchants were in the U.S., 31% in EMEA, 16% in APAC. Revenue comes from subscription plans (Basic,... Read more

$126.25+16.2% A.UpsideScore 4.8/10#93 of 96 Software - Application
Stop $117.49Target $146.74(analyst − 8%)A.R:R 1.2:1
Analyst target$159.50+26.3%46 analysts
$146.74our TP
$126.25price
$159.50mean
$110
$200

Sell if holding. At $126.25, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.4): -0.5; Earnings in 4 days (event risk). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 4.8/10, moderate confidence.

Passes 3/6 gates (clean insider activity, no SEC red flags, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 4d<=7d. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Leverage penalty (D/E 1.4): -0.5
Earnings in 4 days (event risk)
Consecutive earnings misses (2)

Key Metrics

P/E (TTM)128.9
P/E (Fwd)52.8
Mkt Cap$157.6B
EV/EBITDA79.0
Profit Mgn10.7%
ROE9.8%
Rev Growth30.6%
Beta2.82
DividendNone
Rating analysts56

Quality Signals

Piotroski F7/9

Options Flow

P/C1.38bearish
IV86%elevated
Max Pain$60-52.5% vs spot

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Volume
0.0
Obv
1.0
Macd
1.1
Rsi
3.7
Ma Position
7.2
Volume distribution (falling OBV)Below 200-MA but MA still rising (+1.0%/30d) — pullback in uptrend, not confirmed weakness

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Pe
0.0
Ps
0.9
Forward Pe
2.2
Peg Ratio
4.1
Analyst Target
7.5
Forward P/E: 52.8xPEG: 2.41Expensive valuation

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Surprise Avg
0.0
Earnings History
1.1
Erm
5.0
Earnings Timing
5.0
News Activity
7.0
Earnings concerns: 1B/2MEarnings in 4 days
GatesMomentum 2.6<4.5A.R:R 1.2 < 1.5@spotEARNINGS PROXIMITY 4d<=7dInsider activity: OKNo SEC red flagsSEMI CYCLE PEAK CLEARSuitability: Aggressive
RSI
63 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $108.95Resistance $137.30

Price Targets

$117
$147
A.Upside+16.2%
A.R:R1.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Momentum score 2.6/10 — below 4.5 minimum
! Reward/Risk 1.2:1 at current price — below 1.5:1 minimum
! EARNINGS_PROXIMITY:4d<=7d

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-05 (4d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is SHOP stock a buy right now?

Sell if holding. At $126.25, A.R:R 1.2:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 1.4): -0.5; Earnings in 4 days (event risk). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $117.49. Score 4.8/10, moderate confidence.

What is the SHOP stock price target?

Take-profit target: $146.74 (+16.2% upside). Prior stop was $117.49. Stop-loss: $117.49.

What are the risks of investing in SHOP?

Leverage penalty (D/E 1.4): -0.5; Earnings in 4 days (event risk); Consecutive earnings misses (2).

Is SHOP overvalued or undervalued?

Shopify Inc. trades at a P/E of 128.9 (forward 52.8). TrendMatrix value score: 2.9/10. Verdict: Sell.

What do analysts say about SHOP?

56 analysts cover SHOP with a consensus score of 3.9/5. Average price target: $160.

What does Shopify Inc. do?Shopify provides e-commerce infrastructure to millions of merchants in 175+ countries across online, in-store, social...

Shopify provides e-commerce infrastructure to millions of merchants in 175+ countries across online, in-store, social media, and AI platforms; as of December 31, 2025, 44% of merchants were in the U.S., 31% in EMEA, 16% in APAC. Revenue comes from subscription plans (Basic, Grow, Shopify Plus) and merchant solutions primarily via Shopify Payments; subscriptions exceeded 90% of total revenues for 2025 and 2024. No single merchant has represented more than 5% of total revenues in any reporting period.

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