Shopify

SHOP · NASDAQ · USD

$149.09Change from previous close: +0.53%Absolute change: +$0.79

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$191.83B
Enterprise value
$187.06B
P/E (trailing 12 months)
100.1
Forward P/E
60.8
PEG
1.73
Price/book
15.2
Price/sales
14.5
EV/EBITDA
78.1
EV/revenue
14.1

Profitability and growth

Gross margin
47.8%
Operating margin
17.6%
Net margin
14.5%
ROE
15.5%
ROA
10.2%
Revenue growth (year over year)
33.7%
Earnings growth (year over year)
68.1%

Financial health

Total cash
$4.95B
Total debt
$178M
Debt/equity
0.01
Current ratio
5.35
Quick ratio
3.72

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$172.77
Median price target
$175.50
High price target
$220.00
Low price target
$120.00
Number of analysts
48
Consensus
Buy
Forward EPS
$2.45
EPS estimate, current year
$1.91

Shares and trading

Beta
2.62
Average volume
9.55M
Shares outstanding
1.21B
Float
1.21B
Institutional ownership
73.2%
Insider ownership
0.2%
Short interest (% of float)
1.4%
Short ratio (days)
2.14