SHOP

SHOPIFY INC.

Nasdaq · Services-Prepackaged Software · Inc. Z4 · CIK 0001594805
$108.24 -2.02% $140.3B
High Impact Filing (8/10)29 New Institutional Positions21 Institutional Exits
Vol
Market Cap$140.3B
Cap SizeLarge Cap
Analyst ConsensusStrong Buy (78%)
Inst. Holders50 funds
Inst. Value$68.9B
Inst. Activity29 buys / 21 sells
Reddit Sentiment59° Warm
SEC Reports6
Press Releases1
Congressional2 trades
Exchange Nasdaq·Sector Services-Prepackaged Software·Inc. Z4·CIK 0001594805·Prev Close $110.47

Price Targets

$149.78 +38.4% upside Strong Buy
Current $108.24 Low $105.00 Median $150.00 High $200.00 45 analysts
$105.00 $200.00

Analyst Ratings

Buy78% buy · 54 analysts
10Strong Buy
32Buy
11Hold
0Sell
1Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 6, 2026 Canaccord Genuity MAINTAIN Buy → Buy
May 6, 2026 UBS MAINTAIN Neutral → Neutral
May 6, 2026 Citigroup MAINTAIN Buy → Buy
May 6, 2026 RBC Capital REITERATE Outperform → Outperform
May 6, 2026 Barclays MAINTAIN Equal-Weight → Equal-Weight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.40 ▲ +0.8% $0.30 — $0.47 14% YoY 33
Next Q $0.44 ▲ +0.5% $0.37 — $0.50 29% YoY 29
Current FY $1.84 $1.47 — $2.23 28% YoY 40
Next FY $2.33 $1.73 — $3.53 27% YoY 38

Top Institutional Holders

FundValueMove
Capital International Investors$5.9BADD
FMR LLC$5.4B
VANGUARD CAPITAL MANAGEMENT LLC$4.0B
Capital World Investors$4.0BTRIM
BAILLIE GIFFORD & CO$3.4B

Reddit Sentiment

59°
Warm
Bearish Neutral Bullish
24 mentions 9 bullish 4 bearish

Congressional Trades

1 members: 0 buys, 2 sells
MemberPartyTypeAmount
Jonathan JacksonDSELL$1,001 - $15,000
Jonathan JacksonDSELL$50,001 - $100,000
50 institutional holders with $68.9B total value (577,229,705 shares) as of 2026-Q1. Top holders: Capital, FMR, VANGUARD. Net buying activity: 29 institutions added/increased vs 21 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1Capital International Investors50,060,088$5.9B8.6%ADD +30.6%
2FMR LLC45,834,484$5.4B7.9%
3VANGUARD CAPITAL MANAGEMENT LLC33,735,144$4.0B5.8%
4Capital World Investors33,696,844$4.0B5.8%TRIM -29.5%
5BAILLIE GIFFORD & CO29,021,841$3.4B5.0%
6MORGAN STANLEY24,704,666$2.9B4.3%
7ROYAL BANK OF CANADA21,658,696$2.6B3.7%
8FIL Ltd18,226,469$2.2B3.1%
9JENNISON ASSOCIATES LLC16,299,259$1.9B2.8%
10LOOMIS SAYLES & CO L P14,403,445$1.7B2.5%
11BANK OF MONTREAL /CAN/13,053,711$1.5B2.2%
12NATIONAL BANK OF CANADA /FI/12,811,918$1.5B2.2%ADD +36.0%
13ALLIANCEBERNSTEIN L.P.8,813,928$1.4B2.1%
14Capital Research Global Investors11,641,932$1.4B2.0%DOUBLED +507.0%
15BANK OF AMERICA CORP /DE/11,183,985$1.3B1.9%
16VANGUARD FIDUCIARY TRUST CO10,774,862$1.3B1.9%
17Invesco Ltd.10,647,635$1.3B1.8%
181832 Asset Management L.P.10,187,742$1.2B1.8%ADD +30.4%
19MACKENZIE FINANCIAL CORP9,946,334$1.2B1.7%
20SUSQUEHANNA INTERNATIONAL GROUP, LLP9,853,200$1.2B1.7%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Capital International InvestorsADD38,343,15550,060,088+30.6%$5.9B2026-Q1
Capital World InvestorsTRIM47,822,70533,696,844-29.5%$4.0B2026-Q1
NATIONAL BANK OF CANADA /FI/ADD9,417,62012,811,918+36.0%$1.5B2026-Q1
Capital Research Global InvestorsDOUBLED1,917,94211,641,932+507.0%$1.4B2026-Q1
1832 Asset Management L.P.ADD7,813,41810,187,742+30.4%$1.2B2026-Q1
WELLINGTON MANAGEMENT GROUP LLPADD6,452,2659,070,116+40.6%$1.1B2026-Q1
BAMCO INC /NY/DOUBLED2,288,2704,718,230+106.2%$559.7M2026-Q1
Clearbridge Investments, LLCTRIM4,167,2673,041,015-27.0%$360.7M2026-Q1
VICTORY CAPITAL MANAGEMENT INCDOUBLED555,7412,546,610+358.2%$302.1M2026-Q1
MARSHALL WACE, LLPADD1,899,7192,541,886+33.8%$301.5M2026-Q1
TD Waterhouse Canada Inc.DOUBLED514,2931,194,385+132.2%$140.9M2026-Q1
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.NEW1,005,760$119.3M2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPNEAR_EXIT6,074,9361,001,408-83.5%$118.8M2026-Q1
Durable Capital Partners LPTRIM2,043,219971,814-52.4%$115.3M2026-Q1
FRED ALGER MANAGEMENT, LLCADD588,028930,697+58.3%$110.4M2026-Q1
Alberta Investment Management CorpADD588,098927,408+57.7%$110.1M2026-Q1
FEDERATED HERMES, INC.TRIM1,334,162861,411-35.4%$102.2M2026-Q1
Capital International, Inc./CA/ADD588,128785,358+33.5%$93.2M2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDTRIM1,215,033676,388-44.3%$80.2M2026-Q1
NEOS Investment Management LLCADD497,575665,331+33.7%$78.9M2026-Q1
Rockefeller Capital Management L.P.NEAR_EXIT6,575,261574,415-91.3%$68.1M2026-Q1
AGF MANAGEMENT LTDDOUBLED144,859569,978+293.5%$67.7M2026-Q1
VOYA INVESTMENT MANAGEMENT LLCTRIM1,392,374566,044-59.3%$67.1M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCNEW473,885$56.2M2026-Q1
LAZARD ASSET MANAGEMENT LLCDOUBLED173,661417,786+140.6%$49.6M2026-Q1

No insider trading data available yet. Insider transactions are collected from SEC Form 4 filings.

Current analyst consensus: Buy (78% buy). Based on 54 analysts: 10 strong buy, 32 buy, 11 hold, 0 sell, 1 strong sell.

Analyst Price Targets

$149.78 mean target +38.4% upside Strong Buy (1.75)
$105.00 Low $200.00 High
MetricValue
Current Price$108.24
Target Low$105.00
Target Mean$149.78
Target Median$150.00
Target High$200.00
# Analysts45
RecommendationStrong Buy (1.75)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.40 $0.30 $0.47 13.6% +0.8% 11↑ 14↓ $3.4B 28.4% 33
Next Q
2026-09-30
$0.44 $0.37 $0.50 28.7% +0.5% 7↑ 16↓ $3.6B 26.2% 29
Current FY
2026-12-31
$1.84 $1.47 $2.23 28.5% +0.3% 19↑ 17↓ $14.8B 28.1% 40
Next FY
2027-12-31
$2.33 $1.73 $3.53 26.9% +0.1% 16↑ 16↓ $18.3B 23.8% 38

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.398
7d ago$0.398
30d ago$0.394+0.003
60d ago$0.389+0.008
90d ago$0.389+0.009
18 analyst firms have rated this stock: 3 upgrades, 1 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 6, 2026 Canaccord Genuity MAINTAIN Buy Buy
May 6, 2026 UBS MAINTAIN Neutral Neutral
May 6, 2026 Citigroup MAINTAIN Buy Buy
May 6, 2026 RBC Capital REITERATE Outperform Outperform
May 6, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
May 6, 2026 Citizens MAINTAIN Market Outperform Market Outperform
May 6, 2026 Wells Fargo MAINTAIN Overweight Overweight
May 6, 2026 DA Davidson MAINTAIN Buy Buy
May 5, 2026 Needham REITERATE Buy Buy
Apr 28, 2026 Citigroup MAINTAIN Buy Buy
Apr 6, 2026 Wells Fargo MAINTAIN Overweight Overweight
Mar 9, 2026 Jefferies MAINTAIN Hold Hold
Feb 17, 2026 Jefferies MAINTAIN Hold Hold
Feb 17, 2026 Truist Securities UPGRADE Hold Buy
Feb 13, 2026 Citigroup MAINTAIN Buy Buy
Feb 12, 2026 RBC Capital MAINTAIN Outperform Outperform
Feb 12, 2026 UBS MAINTAIN Neutral Neutral
Feb 12, 2026 BMO Capital MAINTAIN Outperform Outperform
Feb 12, 2026 Citizens MAINTAIN Market Outperform Market Outperform
Feb 12, 2026 Cantor Fitzgerald MAINTAIN Neutral Neutral
Feb 12, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Feb 12, 2026 Wedbush MAINTAIN Outperform Outperform
Feb 12, 2026 Wells Fargo MAINTAIN Overweight Overweight
Feb 12, 2026 Truist Securities MAINTAIN Hold Hold
Feb 12, 2026 Mizuho UPGRADE Neutral Outperform
Feb 12, 2026 Needham REITERATE Buy Buy
Feb 10, 2026 Benchmark MAINTAIN Buy Buy
Feb 9, 2026 BMO Capital MAINTAIN Outperform Outperform
Jan 8, 2026 Scotiabank UPGRADE Sector Perform Sector Outperform
Jan 6, 2026 Wolfe Research DOWNGRADE Outperform Peer Perform
Dec 17, 2025 Wells Fargo MAINTAIN Overweight Overweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20261032110178%
May 1, 20261033120177%
Apr 1, 20261033120177%
Mar 1, 20261032120176%
Feb 1, 2026928170167%
Jan 1, 20261027170167%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 0 buys, 2 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Feb 3, 2026Jonathan JacksonDHOUSESELL$1,001 - $15,000Shopify IncMar 13, 2026 (39d)
Jan 30, 2026Jonathan JacksonDHOUSESELL$50,001 - $100,000Shopify IncFeb 24, 2026 (26d)
59°
Warm
Bearish Neutral Bullish
24 mentions 9 bullish 4 bearish 22 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Jun 9, 2026150° Neutral001
Jun 9, 2026150° Neutral001
Jun 6, 2026140° Cool011
Jun 6, 2026140° Cool011
Jun 1, 2026160° Warm101
May 28, 2026160° Warm101
May 28, 2026160° Warm101
May 28, 2026140° Cool011
May 27, 2026156° Neutral001
May 27, 2026156° Neutral001
May 7, 2026250° Neutral002
May 7, 2026250° Neutral002
Apr 25, 2026160° Warm101
Apr 25, 2026160° Warm101
Apr 24, 2026160° Warm101
Apr 24, 2026160° Warm101
Apr 23, 2026156° Neutral001
Apr 15, 2026150° Neutral001
Apr 15, 2026150° Neutral001
Mar 6, 2026160° Warm101
Mar 6, 2026160° Warm101
Feb 3, 2026140° Cool011

Recent Reddit Threads

r/options Bearish 7d 10h ago
Selling puts
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bullish 11d 19h ago
Full Port Shopify (SHOP.TO) 💎 🙌
▲ 1 💬 0 ⚡ 0.5
r/stocks Bullish 15d 18h ago
Rotation into the 2nd wave of AI plays? (RDDT, SNOW, etc.)
▲ 1 💬 0 ⚡ 0.5
r/investing Bullish 15d 18h ago
Rotation into the 2nd wave of AI plays? (RDDT, SNOW, etc.)
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Neutral 16d 21h ago
$RDDT 🤝 $SHOP
▲ 2 💬 0 ⚡ 0.5
r/stocks Neutral 1mo ago
Buying SHOP at $108
▲ 1 💬 0 ⚡ 0.5
r/stocks Neutral 1mo ago
Why I bought SHOP at $108 yesterday
▲ 1 💬 0 ⚡ 0.5
r/wallstreetbets Bullish 1mo ago
$2.2M gain on TECL since March 2023. Anyone a similar regard?
▲ 1 💬 1 ⚡ 0.5
r/options Bullish 1mo ago
$14,811 in premiums collected yesterday.
▲ 1 💬 0 ⚡ 0.5
r/stocks Neutral 1mo ago
Major SaaS Earnings Calendar
▲ 1 💬 0 ⚡ 0.5
r/stocks Neutral 1mo ago
Can someone translate this into layman's terms?
▲ 1 💬 0 ⚡ 0.5
r/options Bullish 3mo ago
SHOP covered calls
▲ 1 💬 0 ⚡ 0.5
r/options Bearish 4mo ago
SHOP.TO taking a beating.
▲ 1 💬 0 ⚡ 0.0
Aug 4, 2026
earnings_calendar
SHOP Q2 2026 Earnings Before Market Open — 2026-08-04
EPS est: $0.40 | Rev est: $3.5B
Jun 2, 2026
activist
Shopify Announces $3 Billion Increase to Share Repurchase Program
<p align="justify">Internet, Everywhere, June 02, 2026 (GLOBE NEWSWIRE) -- Shopify Inc. (NASDAQ, TSX: SHOP) today announced that its Board of Direct
May 8, 2026
short_interest
FTD: SHOP — 7,930 shares ($0.9M) failed to deliver
Settlement: 20260508, Price: $111.74, FTD Value: $886,098.2, SHOPIFY INC CL A SUB VTG SHS (
May 6, 2026
earnings_calendar
SHOP Q1 2026 Earnings After Market Close — 2026-05-06
EPS est: $0.34 | Rev est: $3.1B
May 5, 2026
earnings
Shopify Delivers Again as Merchants Clear $100 Billion in Q1 GMV
Internet, Everywhere, May 5, 2026 - Shopify Inc. (NASDAQ, TSX: SHOP) announces Q1 2026 financial results for the quarter ended March 31, 2026
May 5, 2026
earnings_calendar
SHOP Q1 2026 Earnings After Market Close — 2026-05-05
May 1, 2026
short_interest
FTD: SHOP — 105,000 shares ($12.7M) failed to deliver
Settlement: 20260501, Price: $121.13, FTD Value: $12,718,650, SHOPIFY INC CL A SUB VTG SHS (
Apr 27, 2026
short_interest
FTD: SHOP — 78,675 shares ($9.9M) failed to deliver
Settlement: 20260427, Price: $125.83, FTD Value: $9,899,675.25, SHOPIFY INC CL A SUB VTG SHS (
Apr 24, 2026
short_volume
Short Volume: SHOP — 61.5% short (2.4M / 3.8M)
Short: 2,357,014 | Exempt: 1,956 | TRF Vol: 3,832,444 | Short Ratio: 61.5% | Off-exchange volume (dark pool + OTC)
Apr 22, 2026
short_interest
FTD: SHOP — 5,019 shares ($0.7M) failed to deliver
Settlement: 20260422, Price: $131.13, FTD Value: $658,141.47, SHOPIFY INC CL A SUB VTG SHS (
Apr 21, 2026
short_interest
FTD: SHOP — 34,941 shares ($4.7M) failed to deliver
Settlement: 20260421, Price: $135.14, FTD Value: $4,721,926.74, SHOPIFY INC CL A SUB VTG SHS (
Apr 20, 2026
short_interest
FTD: SHOP — 26,410 shares ($3.5M) failed to deliver
Settlement: 20260420, Price: $131.15, FTD Value: $3,463,671.5, SHOPIFY INC CL A SUB VTG SHS (
Apr 14, 2026
earnings
Shopify to Announce First-Quarter 2026 Financial Results May 5, 2026
Shopify to Announce First-Quarter 2026 Financial Results May 5, 2026
Apr 2, 2026
short_volume
Short Volume: SHOP — 57.5% short (1.5M / 2.6M)
Short: 1,486,422 | Exempt: 3,138 | TRF Vol: 2,582,937 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)
Apr 1, 2026
short_volume
Short Volume: SHOP — 56.7% short (1.2M / 2.2M)
Short: 1,223,941 | Exempt: 1,155 | TRF Vol: 2,159,116 | Short Ratio: 56.7% | Off-exchange volume (dark pool + OTC)