pretickt

Is SHOP a good stock to buy?

Shopify Inc. · end-of-day data as of Nov 13, 2026

Shopify
SHOP · $189B
$147.09+0.2%
Nov 13, 2026 · close
$140$160$180SepOctNov9:3016:003 months +0.3%Nov 13 · close
▲ 4
  • PT$176.38 +19.9%
  • ConsensusBuy · 55
  • P/E vs own-21.5%
  • Trendbullish
Neutral
  • Earnings in89d
  • P/E89.1x
  • RSI43
  • Support-0.3%
  • Resistance+5.7%
  • Off 52w high-18.7%
  • Volume0.5x
  • Bollingerlower half
  • News0.00
  • FCF yield+1.4%
  • Sector→ -15.8%
  • 52w range$94–$181
  • ATR+5.5%
  • Off ATH-19.3%
  • InsidersNone in 90d
  • MAs2 of 4
  • MA20×50↓ in ~5d
▼ 2
  • P/E vs sector+203.0%
  • MACD-1.93

Updates with the 15-min delayed price. Not a forecast or investment advice.

Is Shopify a good stock to buy?

Shopify is strong on 2 of the 5 questions about the business; weak on advantage. The price is high: 89.2 times its earnings, above its 3-year median of 77.0 (Nov 13, 2026). pretickt does not say whether to buy or sell.

  1. Demand growing
  2. Advantage easy to copy
  3. Economics profitable
  4. Execution mixed
  5. Fragility sturdy
  6. Price expensive
DemandDo people want more of what it sells?growing

SHOP sales growth revenue growth

+27%a year, for the last 3 years

Shopify's sales grew 27% a year for 3 years, to $11.56B in fiscal 2025.

SHOP analysts' forecast revenue estimates

+31%the sales they expect next fiscal year, on the last

Analysts expect Shopify's sales to grow 31% to $15.08B in fiscal 2026 (35 analysts).

SHOP competitors

pretickt analysis+32%its sales in 12 months, on a year before

Shopify's sales grew 32% in the 12 months to Sep 30, 2026, faster than Uber (+14%), Salesforce (+11%) and ADP (+7%), slower than AppLovin (+46%).

SHOP sales by business revenue by segment

76%of its sales from Service

Service brought Shopify 76% of its sales in fiscal 2025; Subscription and Circulation 24%.

Advantage moatIs it hard to copy?easy to copy

SHOP return on capital ROIC

pretickt analysis19%earned before tax on the money invested in it

Shopify earned 19% before tax on the capital invested in it in the 12 months to Sep 30, 2026; AppLovin 163%, ADP 76%, Uber 20% and Salesforce 13%.

SHOP margin on each sale gross margin

47%left after making the product

Shopify kept 47% of each sale after making the product in the 12 months to Sep 30, 2026; its competitors' median is 64%.

EconomicsDoes it make good money?profitable

SHOP margin after costs profit margin

15%of sales left after running the business

Shopify's operating margin was 15% in the 12 months to Sep 30, 2026, against -15% in fiscal 2022.

SHOP cash generated free cash flow

$2.66Bcash left after investing, last 12 months

Shopify generated $2.66B of free cash flow in the 12 months to Sep 30, 2026, more than its reported profit.

SHOP profit per share

-40%in its last fiscal year

Shopify's earnings per share fell 40% in fiscal 2025, to $0.94.

ExecutionDoes it deliver what it promises?mixed

SHOP earnings vs estimates

6 of 8quarters above the analysts' estimate

Shopify beat the analysts' profit estimate in 6 of its last 8 quarters, the latest on Nov 3, 2026.

SHOP number of employees

-6%fewer people in a year

Shopify had 7,600 employees at the end of fiscal 2025, 6% fewer than a year before.

Fragility risksCould something break it?sturdy

SHOP financial health Altman Z-score

61.6Altman Z-score, safe above 3

Shopify's Altman Z-score is 61.6 (Nov 13, 2026), above 3, where the safe zone starts.

SHOP quality checks Piotroski score

8 of 9checks passed

Shopify passes 8 of the 9 Piotroski checks in the 12 months to Sep 30, 2026; it misses on gross margin.

SHOP biggest customers

under 10%of sales from any one customer

No customer made 10% of Shopify's sales in fiscal 2025.

Price valuationIs the price reasonable?expensive

SHOP price vs profit P/E ratio

89.1×a year's earnings

Shopify's P/E ratio is 89.1 (Nov 13, 2026), above its 3-year median of 77.0.

SHOP price vs competitors

pretickt analysis89.1×a year's earnings, against its competitors

Investors pay 89.1 times Shopify's earnings (Nov 13, 2026), more than for Uber (41.2), AppLovin (27.5), ADP (27.5) or Salesforce (19.9).

SHOP analysts' target price target

+20%to their average target

Analysts' average price target for Shopify is $176, 20% above the Nov 13, 2026 close of $147.09.

SHOP growth priced in fair value

pretickt analysis+24%a year, for ten years, to be worth the price

At $147.09 a share, Shopify's free cash flow must grow about 24% a year for ten years to be worth the price (Nov 13, 2026).

What is Shopify's P/E ratio?

Shopify's P/E ratio is 89.1 (Nov 13, 2026), above its 3-year median of 77.0. Investors pay 89.1 times Shopify's earnings (Nov 13, 2026), more than for Uber (41.2), AppLovin (27.5), ADP (27.5) or Salesforce (19.9).

Who are Shopify's biggest competitors?

pretickt compares Shopify with Salesforce, Uber, AppLovin and ADP. Shopify's sales grew 32% in the 12 months to Sep 30, 2026, faster than Uber (+14%), Salesforce (+11%) and ADP (+7%), slower than AppLovin (+46%).

Is Shopify profitable?

Shopify's operating margin was 15% in the 12 months to Sep 30, 2026, against -15% in fiscal 2022. Shopify generated $2.66B of free cash flow in the 12 months to Sep 30, 2026, more than its reported profit.

How does Shopify make money?

Service brought Shopify 76% of its sales in fiscal 2025; Subscription and Circulation 24%.

How many employees does Shopify have?

Shopify had 7,600 employees at the end of fiscal 2025, 6% fewer than a year before.

Who are Shopify's biggest customers?

No customer made 10% of Shopify's sales in fiscal 2025.

From the companies' statements (FMP), their filings read by pretickt, the analysts and the insiders, as of Nov 13, 2026. Each card says what a fact means for its question, never what to do with the stock: for information only, not investment advice.