DailyIQ
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Sector:TechnologyAll sectors
Last updated 4 minutes ago

SHOP·Shopify Inc.

$.
-. (-.%)
After Hours
High
$130.75
Open
$126.77
Market Cap
159.78B
52W High
$182.19
Low
$122.30
P. Close
$122.53
P/E
119.96
52W Low
$94.00
Fwd P/E
52.59
DailyIQ Est.
$155.30
Technical Score (1D)
82
BUY
News Sentiment
80
BULLISH
Shopify will report its Q2 2026 earnings on Aug 5 before the market opens, with a management call to follow, so traders should anticipate a potential shift in the stock’s valuation based on the company’s revenue, margin, and guidance. The company’s Q1 2026 results already showed a 34.3 % year‑over‑year revenue jump to $3.2 billion and GMV exceeding $100 billion, indicating that the platform’s merchant base and average order values are expanding. Those figures are supported by strong cash‑flow generation and a fortress balance sheet, giving Shopify the flexibility to invest in new platform features and international expansion without raising capital. Because Shopify’s business model is capital‑light, the earnings release is likely to be a key driver of short‑term price volatility, especially if guidance diverges from the robust growth narrative. Investors should also keep an eye on any changes to fee structures that could affect merchant margins, as the company’s ability to maintain high gross margins is a core part of its value proposition. The upcoming earnings call will provide clarity on whether the company plans to adjust its pricing strategy or launch new revenue‑generating services, which could alter the growth outlook for the next few trading days. In addition, the earnings announcement will reveal whether the company’s cash flow remains strong enough to fund the planned platform enhancements, a factor that could influence short‑term trading sentiment. Finally, any indication of a slowdown in merchant acquisition or a dip in average order value would signal a potential shift in the company’s growth trajectory, warranting close monitoring of the earnings details.
Earnings Summary
Shopify Inc. is a Canadian technology company that provides a unified commerce platform enabling merchants to manage online and offline sales, inventory, payments, and marketing across global markets. In the software‑application sector, Shopify competes with other e‑commerce and payment processors, positioning itself as a capital‑light, subscription‑based service. In the most recent two quarters, revenue fell from $3.672 billion in Q4 2025 to $3.170 billion in Q1 2026, a decline of roughly 13.5%, while EPS slipped from $0.46 to $0.36, reflecting tighter margins or higher costs. Compared with the prior two quarters (Q2 2025 $2.680 billion, Q3 2025 $2.844 billion), revenue had grown 6% and EPS had fallen slightly, indicating a shift from growth to consolidation. Across the last six quarters, Shopify has beaten earnings estimates in five, missing only in Q1 2025 and Q1 2026, underscoring a consistent ability to exceed analyst expectations despite revenue volatility. Historically, the company has delivered double‑digit YoY revenue growth, with a 30% jump from Q4 2024 to Q4 2025, but the recent YoY decline in Q1 2026 signals a potential slowdown. Recent news highlights a 34.3% YoY revenue jump in Q1 2026, strong cash flow, and a forthcoming Q2 2026 earnings release amid macro‑economic pressure from rising oil prices that have tightened tech valuations; investors are also watching a potential pricing strategy shift and AI‑driven product enhancements. Forward‑looking watch points include the Q2 2026 earnings call for guidance on revenue, margin, and AI integration, as well as any updates on pricing or new platform features that could influence short‑term valuation and growth expectations.

EPS

EstBeatMiss
$0.22$0.29$0.35$0.42$0.49Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.40 - -
Q1'26$0.40$0.36-10.0%
Q4'25$0.33$0.46+39.8%
Q3'25$0.34$0.34+0.6%
Q2'25$0.29$0.35+22.2%
Q1'25$0.26$0.25-4.5%

Revenue

EstBeatMiss
$2.2B$2.6B$3.0B$3.4B$3.9BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$3.5B - -
Q1'26$3.4B$3.2B-6.7%
Q4'25$3.1B$3.7B+19.5%
Q3'25 - $2.8B -
Q2'25 - $2.7B -
Q1'25 - $2.4B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

SHOP Stock Snapshot

SHOP is currently trading at $122.58, giving Shopify Inc. a market cap of 159.78B and a P/E ratio of 120.0. Today's range spans $122.30–$130.75, with shares opening at $126.77 and moving up $0.05 (0.0%) from the prior close. DailyIQ's technical score sits at 82/100 (BUY) with a news sentiment reading of 80/100.

Over the past year SHOP has traded between $94.00 and $182.19 - the current price is +30.4% off the 52-week low and -32.7% from the high. 55 analysts cover the stock with a Buy consensus and a mean 12-month target of $147.33 (range $105.00–$200.00), implying upside of +20.2%.

What SHOP has right now - BUY signal, 82/100 technical score, bullish sentiment at 80/100, price $122.58 (in the lower half of its 52-week range) - is the profile that shows up in screens looking for Technology growth stories with technical confirmation. (P/E: 120.0) At 159.78B in capitalization, the risk/reward of a setup like this is often better than in mega-cap peers where the same signal translates to a smaller percentage move. Range: $94.00–$182.19.

The combination of a BUY signal (82/100) and bullish news sentiment (80/100) puts SHOP on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 159.78B in Technology market cap without immediately moving the stock. At $122.58 (in the lower half of its 52-week range in the $94.00–$182.19 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.