Market Cap
$192.1B
SHOP
SHOPIFY INC.
$149.09 ▲ +0.53%
Prev close $148.30Market cap$192.1B
ConsensusBuy
12-mo target$172.77 (+15.9%)
▲ Bullish
Analyst conviction 8/10
High Impact Filing (8/10)33 New Institutional Positions17 Institutional Exits E-commerce & Platforms
Snapshot
The big-picture read on SHOP right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Strong Buy (77%)
Inst. Holders
50 funds
Inst. Value
$72.8B
Inst. Activity
33 buys / 17 sells
Social Sentiment
55° Neutral
SEC Reports
14
Press Releases
1
Congressional
2 trades
Price chart 30d +5.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 28, 2026 short_volume
Aug 5, 2026 SEC Short Volume: SHOP — 56.9% short (1.6M / 2.9M)
Short: 1,644,720 | Exempt: 3,127 | TRF Vol: 2,890,002 | Short Ratio: 56.9% | Off-exchange volume (da
Shopify reported Q2 2026 revenue of $3.583B (+34% YoY), beating consensus of $3.44B, with EPS of $0.42 beating $0.40 est
8-K — Impact 6/10
A mixed institutional cluster for Shopify in Q2 2026 shows 7 buyers accumulating $122.7M in net new positions, led by Mi
INST-CLUSTER — Impact 5/10
Director Gail F. Goodman filed a Form 144 notice of intent to sell 5,000 Class A Subordinate Voting Shares of Shopify In
144 — Impact 2/10
Jun 30, 2026 Inst.
NORGES BANK — NEW
16,410,473 shares ($1.9B)
Jun 30, 2026 Inst.
Jun 2, 2026 Press WELLINGTON MANAGEMENT GROUP LLP — ADD
11,852,596 shares ($1.4B)
Shopify announced a $3 billion increase to its share repurchase program, bringing total authorization to $5 billion. The
Impact 6/10
Feb 3, 2026 Congress
Jonathan Jackson sell
$1,001 - $15,000 — House
Analyst ratings buy % +14.9%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
77% rate it Buy or better · 56 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 23, 2026 | Wedbush | REITERATE | Outperform | 57% |
| Sep 11, 2026 | Bernstein | INITIATE | Outperform | 51% |
| Sep 8, 2026 | Piper Sandler | REITERATE | Overweight | 54% |
| Aug 20, 2026 | Rosenblatt | INITIATE | Buy | 54% |
| Aug 7, 2026 | Wells Fargo | MAINTAIN | Overweight | 54% |
| Aug 6, 2026 | Canaccord Genuity | MAINTAIN | Buy | 47% |
| Aug 6, 2026 | DA Davidson | MAINTAIN | Buy | 53% |
| Aug 6, 2026 | UBS | MAINTAIN | Neutral | 55% |
| Aug 6, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
| Aug 6, 2026 | Truist Securities | MAINTAIN | Buy | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 11 | 32 | 12 | 0 | 1 | 77% | |
| Aug 1, 2026 | 11 | 31 | 10 | 0 | 1 | 79% | |
| Jul 1, 2026 | 10 | 32 | 11 | 0 | 1 | 78% | |
| Jun 1, 2026 | 10 | 32 | 11 | 0 | 1 | 78% | |
| May 1, 2026 | 10 | 33 | 12 | 0 | 1 | 77% | |
| Apr 1, 2026 | 10 | 33 | 12 | 0 | 1 | 77% | |
| Mar 1, 2026 | 10 | 32 | 12 | 0 | 1 | 76% | |
| Feb 1, 2026 | 9 | 28 | 17 | 0 | 1 | 67% |
Price targets
Where 48 covering analysts think SHOP trades over the next 12 months.
$172.77 +15.9% upside Buy
Current$149.09 Low$120.00 Median$175.50 High$220.00 48 analysts
$120.00$220.00
Analyst rating Buy· 1.7/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
55°
Neutral
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
14 SEC filing reports analyzed · 5 bullish, 1 bearish, 1 mixed, 7 neutral · avg impact 4.5/10.Plus 1 press releases.
BULLISH8-K6/10
Shopify reported Q2 2026 revenue of $3.583B (+34% YoY), beating consensus of $3.44B, with EPS of $0.
Aug 5, 2026
MIXEDINST-CLUSTER5/10
A mixed institutional cluster for Shopify in Q2 2026 shows 7 buyers accumulating $122.7M in net new
Aug 2, 2026
NEUTRAL1442/10
Director Gail F. Goodman filed a Form 144 notice of intent to sell 5,000 Class A Subordinate Voting
Jul 28, 2026
BEARISHPRESS-RELEASE6/10
Shopify reports Q1 2026 EPS of $0.36, missing consensus of $0.40 (-9.8% surprise). The miss contradi
Jul 8, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 28, 2026
short_volume
Short Volume: SHOP — 56.9% short (1.6M / 2.9M)
Short: 1,644,720 | Exempt: 3,127 | TRF Vol: 2,890,002 | Short Ratio: 56.9% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: SHOP — 62.8% short (1.4M / 2.3M)
Short: 1,427,156 | Exempt: 156 | TRF Vol: 2,272,791 | Short Ratio: 62.8% | Off-exchange volume (dark pool + OTC)
Sep 24, 2026
short_volume
Short Volume: SHOP — 63.2% short (2.1M / 3.4M)
Short: 2,141,704 | Exempt: 1,192 | TRF Vol: 3,388,585 | Short Ratio: 63.2% | Off-exchange volume (dark pool + OTC)
Sep 23, 2026
short_volume
Short Volume: SHOP — 57.5% short (5.7M / 9.9M)
Short: 5,696,344 | Exempt: 3,010 | TRF Vol: 9,912,826 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)
Sep 22, 2026
short_volume
Short Volume: SHOP — 58.8% short (6.1M / 10.5M)
Short: 6,149,203 | Exempt: 10,797 | TRF Vol: 10,454,752 | Short Ratio: 58.8% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.46 | $0.39–$0.52 | 35.2% | -0.6% | 16↑ 6↓ | $3.7B | 33 |
| Next Q | $0.65 | $0.54–$0.81 | 34.4% | -1.2% | 13↑ 8↓ | $4.7B | 30 |
| Current FY | $1.91 | $1.71–$2.16 | 33.6% | +0.2% | 29↑ 6↓ | $15.2B | 40 |
| Next FY | $2.45 | $1.97–$2.93 | 28.2% | -0.1% | 28↑ 6↓ | $19.2B | 39 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.460 | — |
| 7d ago | $0.460 | — |
| 30d ago | $0.462 | -0.003 |
| 60d ago | $0.444 | +0.016 |
| 90d ago | $0.438 | +0.022 |
Institutional ownership
Which big funds own SHOP (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $72.8B total value (635,958,256 shares) as of 2026-Q2. Top holders: Capital, FMR, Invesco. Net buying activity: 33 institutions added/increased vs 17 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| Capital International Investors | 54,893,641 | $6.3B | 8.6% | — |
| FMR LLC | 47,175,518 | $5.4B | 7.4% | — |
| Invesco Ltd. | 36,570,929 | $4.2B | 5.7% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 34,133,098 | $3.9B | 5.4% | — |
| Capital World Investors | 34,087,544 | $3.9B | 5.3% | — |
| BAILLIE GIFFORD & CO | 28,403,600 | $3.2B | 4.5% | — |
| MORGAN STANLEY | 25,517,034 | $2.9B | 4.0% | — |
| ROYAL BANK OF CANADA | 23,534,300 | $2.7B | 3.7% | — |
| FIL Ltd | 19,275,482 | $2.2B | 3.0% | — |
| NORGES BANK | 16,410,473 | $1.9B | 2.6% | NEW |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 16,410,473 | — | $1.9B |
| WELLINGTON MANAGEMENT GROUP LLP | ADD | 9,070,116 | 11,852,596 | +30.7% | $1.4B |
| BAMCO INC /NY/ | DOUBLED | 4,718,230 | 11,155,546 | +136.4% | $1.3B |
| Capital Research Global Investors | TRIM | 11,641,932 | 7,491,701 | -35.6% | $855.4M |
| JENNISON ASSOCIATES LLC | TRIM | 16,299,259 | 6,846,396 | -58.0% | $781.7M |
| BlackRock, Inc. | TRIM | 8,887,516 | 5,824,991 | -34.5% | $665.1M |
| POLEN CAPITAL MANAGEMENT LLC | TRIM | 6,306,740 | 4,577,524 | -27.4% | $522.7M |
| TORONTO DOMINION BANK | ADD | 3,070,686 | 4,432,439 | +44.3% | $506.4M |
| BANK OF NOVA SCOTIA | ADD | 3,196,004 | 4,031,656 | +26.1% | $461.1M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | ADD | 2,254,053 | 3,812,940 | +69.2% | $435.4M |
Congressional trades
SHOP trades disclosed by members of Congress, with disclosure delay.
1 members · 0 buys / 2 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Feb 3, 2026 | Jonathan Jackson | D | HOUSE | SELL | $1,001 - $15,000 | Shopify Inc | Mar 13, 2026(39d) |
| Jan 30, 2026 | Jonathan Jackson | D | HOUSE | SELL | $50,001 - $100,000 | Shopify Inc | Feb 24, 2026(26d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for SHOP.
Shares short
16,447,162
Settlement Sep 15, 2026
Change vs prior
-11.1%
Semi-monthly cycle
Days to cover
1.8
At avg daily volume
Of shares outstanding
≈1.3%
Estimate — not % of float
All SHOP filing & press-release reports (15)
- 8-K reportAug 5, 2026
- INST-CLUSTER reportAug 2, 2026
- 144 reportJul 28, 2026
- PRESS-RELEASE reportJul 8, 2026
- 8-K reportJul 2, 2026
- 144 reportJun 30, 2026
- PRESS-RELEASE reportJun 16, 2026
- 8-K reportJun 16, 2026
- PRESS-RELEASE, 8-K reportJun 2, 2026
- 8-K reportMay 8, 2026
- 8-K reportMay 5, 2026
- PRESS-RELEASE reportMay 5, 2026
- 10-K/A reportApr 29, 2026
- PRESS-RELEASE reportApr 14, 2026
- INST-CLUSTER reportFeb 28, 2026