Yahoo · Sep 15, 2026
Shopify (SHOP) Registers a Bigger Fall Than the Market: Important Facts to Note
In the latest trading session, Shopify (SHOP) closed at $130.36, marking a -2.64% move from the previous day.
SH
NASDAQ · SHOP
Shopify Inc.
Technology · Software - Application
$129.86
Down-$4.03 (-3.01%)
Updated Sep 16, 2026, 10:55 AM
SID Score
5.4/10
Composite research score
Smart Money
59/100
Neutral
- Market cap
- 214.51B
- P/E ratio
- 120.28
- Dividend yield
- 0.00%
- 52-week range
- $94.00 – $182.19
- Volume
- 6.18M
- Avg. volume
- 8.49M
Price performance
SHOP price history
1M range · 20 trading sessions · Daily adjusted prices
SHOP closed at $129.86 after 20 trading sessions, down 11.41% for the selected period.
- Last close
- $129.86
- Period change
- -11.41%
- Period low
- $126.60
- Period high
- $154.33
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 15, 2026 | $132.38 | $133.24 | $129.64 | $129.86 | 6.18M |
| Sep 14, 2026 | $129.14 | $134.74 | $128.09 | $133.89 | 7.64M |
| Sep 11, 2026 | $130.75 | $131.97 | $128.39 | $128.79 | 10.78M |
| Sep 10, 2026 | $124.03 | $128.99 | $124.03 | $126.60 | 12.13M |
| Sep 9, 2026 | $138.00 | $138.22 | $125.99 | $126.79 | 14.33M |
| Sep 8, 2026 | $141.705 | $141.80 | $132.60 | $134.10 | 14.02M |
| Sep 4, 2026 | $144.555 | $149.43 | $144.49 | $145.09 | 6.91M |
| Sep 3, 2026 | $143.07 | $146.37 | $142.26 | $145.88 | 5.95M |
| Sep 2, 2026 | $139.65 | $142.055 | $138.90 | $141.87 | 6.21M |
| Sep 1, 2026 | $143.665 | $145.545 | $139.23 | $139.82 | 9.16M |
| Aug 31, 2026 | $150.70 | $151.28 | $144.88 | $147.37 | 7.02M |
| Aug 28, 2026 | $154.825 | $156.49 | $152.4564 | $152.90 | 4.99M |
| Aug 27, 2026 | $150.48 | $155.6899 | $150.20 | $154.33 | 6.71M |
| Aug 26, 2026 | $152.395 | $153.80 | $150.15 | $150.29 | 5.71M |
| Aug 25, 2026 | $149.915 | $154.66 | $149.26 | $153.88 | 5.96M |
| Aug 24, 2026 | $148.505 | $151.63 | $146.80 | $149.80 | 5.56M |
| Aug 21, 2026 | $147.65 | $149.46 | $145.09 | $149.25 | 5.32M |
| Aug 20, 2026 | $146.37 | $148.39 | $144.12 | $147.18 | 5.94M |
| Aug 19, 2026 | $146.64 | $149.78 | $145.61 | $146.58 | 6.2M |
| Aug 18, 2026 | $148.09 | $150.51 | $146.28 | $146.58 | 6.72M |
Latest SHOP news
The latest Smart Investors Daily articles mentioning SHOP.
Stock researchCompany · Overview
SHOP research
Overview
Company profile and research snapshot.
Company profile
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.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- Buy
- Average target
- $183.20
- Implied upside
- —
- Analysts
- 32
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 11, 2026 | Bernstein | Outperform | — |
| Sep 8, 2026 | Piper Sandler | Overweight | — |
| Aug 20, 2026 | Rosenblatt | Buy | — |
| Aug 7, 2026 | Wells Fargo | Overweight | — |
| Aug 6, 2026 | Barclays | Equal-Weight | — |
News briefing
No generated briefing is available yet.
Yahoo · Sep 15, 2026
StackAdapt Welcomes Shopify President Harley Finkelstein as Strategic Advisor
TORONTO, September 15, 2026--StackAdapt, the leading AI advertising and orchestration platform, today announced that Harley Finkelstein, President of Shopify, has joined the company as a strategic advisor. Finkelstein will work closely with StackAdapt’s leadership team as the company enters its next phase of global growth and continues expanding its technology beyond programmatic advertising.
Yahoo · Sep 15, 2026
The dress shirt fix that built a multimillion-dollar brand
What happens when a guy who's never worked in fashion decides to solve a major problem with menswear? You get Collars & Co, the dress-collar polo brand that went from 300 shirts to a Shark Tank deal, a brick & mortar expansion, and millions in sales. Founder Justin Baer joins Elizabeth Gore to talk about viral success, the power of “no,” and why paid influencers aren't the guaranteed win they used to be.
Yahoo · Sep 15, 2026
Ramp Launches in the UK
Ramp today announced it has officially launched in the UK, making its corporate finance platform available to UK based businesses. It is the company's first major move outside North America following its announcement in July that it had expanded into Canada.
AI research layers
Interpretive context generated from the platform’s current data sources.
Shopify Inc. Stock Performance
Shopify Inc. shares traded at $129.86, sitting below both the 50-day moving average of $135.43 and the 200-day moving average of $130.90, per SID market data. The stock declined 15.54% over the trailing one-month period, though it posted a 23.70% gain over three months, indicating significant short-term volatility within a broader recovery trend. On a one-year basis, SHOP recorded a loss of 7.68%, underperforming the broader technology sector. The 14-day relative strength index registered at 36.5, approaching oversold territory below the conventional 30 threshold. Average daily trading volume stood at approximately 8.49 million shares, according to Massive/Polygon data. Shopify's beta of 2.83 reflects considerably higher volatility relative to the broader market, consistent with the stock's sharp recent drawdown despite its intermediate-term gains. The company's market capitalization stood at approximately $214.5 billion.
Shopify Inc. Valuation Analysis
Shopify Inc. trades at a price-to-earnings ratio of 120.28, reflecting a substantial premium relative to broader market averages, per SID market data. The elevated multiple underscores the growth expectations embedded in the stock's current price, though the negative PEG ratio of -4.95 suggests that consensus forward earnings growth estimates do not support the current valuation on a growth-adjusted basis. The company's price-to-book ratio stands at 17.12, according to SEC filings, indicating that investors are paying a significant premium over Shopify's reported net asset value. Shopify does not pay a dividend, consistent with its growth-oriented capital allocation strategy within the technology sector. As a high-beta technology name, Shopify's valuation remains heavily dependent on sustained revenue expansion and margin improvement. The current valuation metrics position SHOP among the more expensively valued large-cap e-commerce platforms in the public markets.
Smart Money Activity for SHOP
Shopify Inc. carries an aggregate smart money score of 59 out of 100, registering a neutral signal, per SID market data. Institutional activity scored a perfect 25 out of 25, reflecting strong positioning and accumulation among large fund managers, according to 13F institutional filings. Congressional trading activity scored 12 out of 25, indicating moderate engagement by U.S. lawmakers in SHOP shares. Insider activity registered at 12.5 out of 25, suggesting neither aggressive buying nor concentrated selling by corporate officers and directors, per SEC Form 4 filings. Dark pool activity scored 9.3 out of 25, representing below-average off-exchange institutional block trading relative to Shopify's overall volume profile. The divergence between the maximum institutional score and the relatively subdued dark pool and insider components explains the neutral composite reading. Institutional conviction remains the dominant positive factor, while other smart money categories show limited directional bias at current price levels.
Shopify Inc. Earnings Outlook
Shopify Inc. has demonstrated a consistent pattern of exceeding analyst expectations in its most recent reported quarters, per company earnings reports. In the quarter reported on August 5, 2026, the company posted earnings per share of $0.42 against a consensus estimate of $0.37, delivering a positive surprise of $0.05. Similarly, in the quarter reported on May 5, 2026, Shopify earned $0.36 per share versus the $0.31 estimate, again beating expectations by $0.05. Looking ahead, analysts estimate earnings of $0.29 per share for the quarter with results expected on May 7, 2026, and $0.52 per share for the quarter with results expected on February 18, 2026, according to analyst estimates. The consecutive beats of approximately 13.5% and 16.1% above consensus suggest the company has maintained operational momentum. These results indicate management's ability to deliver profitability improvements ahead of Wall Street's modeling assumptions.
Wall Street Analyst Ratings for SHOP
Wall Street sentiment toward Shopify Inc. remains predominantly positive, with recent analyst activity skewing toward bullish ratings, per Wall Street analyst reports. On September 11, 2026, Bernstein initiated coverage with an Outperform rating, while Rosenblatt initiated with a Buy rating on August 20, 2026. Piper Sandler reiterated its Overweight rating on September 8, 2026, and Wells Fargo maintained its Overweight rating on August 7, 2026, following the company's earnings release. Barclays represented the lone neutral voice, maintaining its Equal-Weight rating on August 6, 2026, according to SID consensus data. Of the five most recent analyst actions, four carry bullish designations, representing an 80% positive consensus rate. The two new initiations from Bernstein and Rosenblatt signal expanding coverage interest in the stock. The clustering of maintained bullish ratings around the August earnings date suggests that reported results reinforced constructive institutional views on Shopify's fundamental trajectory.
