SHOP

ACCE-researched
Shopify Inc. Class A Subordinate Voting Shares
Technology · Software - Application · NASDAQ · United States
$128.50-0.08%
Market cap $165.3BNext earnings 2026-11-03Updated Sep 20, 2026
FAIR VALUE · CONSENSUS
$128.50+0.0%
confidence-weighted across 4 of 6 models
Now $128.50
$128.50
$14.84$52.85
AvoidBronze54
Price vs fair value
246.9% above
-71.2% to fair value
ACCE score
60
out of 100
Analysts
75% buy
51 covering
P/E
86.8x
forward 53.2x
1-year return
-15.5%
Dividend yield
0.00%
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Overview

Investor warnings · 4 flags
  • high
    Earnings collapsed 42%
    EPS down 42.3% YoY despite 34.3% revenue growth signals significant cost pressure or one-time charges eroding profitability.
  • high
    Extreme valuation multiples
    P/E 120x, EV/EBITDA 72x, P/S 12.9x leave minimal margin of safety; any growth disappointment risks sharp de-rating.
  • moderate
    Sequential revenue deceleration
    QoQ revenue growth of -13.7% suggests potential seasonality or growth slowdown, worth monitoring against annual 34% trend.
  • moderate
    Low quality ACCE score
    Overall score 47/100 with Valuation at just 15/100 flags the stock as significantly overvalued relative to fundamentals.
Reports in 43 days, last quarter beat by 0.1%.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Price

-18.2% · 1Y

Valuation

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Full valuation engine INVESTOR FEATURE

Six independent models converge on one confidence-weighted fair value, with full methodology and editable assumptions.

  • +All six models: DCF, P/E and EV/EBITDA comps, Graham, dividend discount, residual income
  • +Scenario bands, sensitivity tornado, and the 5-year historical valuation range
  • +Editable DCF workbench with saved scenarios

Quality

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Quality and conviction INVESTOR FEATURE

The full quality picture: conviction breakdown, earnings quality, score history, and backtested returns.

  • +Conviction score breakdown and earnings-quality grade
  • +Growth / value / quality / momentum component scores
  • +90-day score history and score-threshold backtests

Analysts

Wall Street consensus

Bullish75% buy · 51 covering analysts
Strong buy 28 Buy 10 Hold 12 Sell 0 Strong sell 1
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

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Smart money tracking PRO FEATURE

Follow the institutions: 13F position changes, insider trades, and active 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Recent open-market insider transactions
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

This stock Peer Peer median weaker → stronger
P/Ebetter than 17% of peers
low 0.0x86.8xhigh 87.1x
ROEbetter than 50% of peers
low -48%16%high 37%
Div yieldbetter than 67% of peers
low 0.0%0.0%high 1.4%

Algorithmic peers (6)

TickerCompanyMcapP/EROED/EYieldQuality
SHOP.TOShopify$164.7B87.115.5%0.000.0%-Compare
UBERUber Technologies Inc. Common Stock$144.0B15.537.2%0.400.0%-Compare
NOWServiceNow Inc. Common Stock$140.1B84.714.2%0.120.0%-Compare
CRMSalesforce Inc. Common Stock$195.8B21.819.4%0.240.7%-Compare
SNOWSnowflake Inc. Common Stock$117.3B--48.1%1.210.0%-Compare
SAPSAP SE ADS$241.7B27.318.3%0.131.4%-Compare

Sector report card

Where SHOP ranks against its sector peers on each metric.

Computing percentiles…

News and Record

Reports in 43 days, last quarter beat by 0.1%.

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Recent performance

1 week
-0.2%
1 month
-12.3%
3 months
+18.1%
6 months
+10.0%
YTD
-20.2%
1 year
-15.5%

SEC filings

19 filings of 36
August 2026
Aug 31
Form 4Insider transactionPeriod 2026-08-31
Aug 5
10-QQuarterly reportPeriod 2026-06-30
Aug 5
8-KCurrent reportPeriod 2026-08-05
16 more filings + AI summaries on Investor+.INVESTOR