Shopify Inc. (SHOP)Technology | Software - Application | Ottawa, Canada | NasdaqGS
131.15 USD
+4.21
(3.317%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 131.30 +0.15 (0.118%) ⇧ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 18, 2026, 7:46 p.m. EDT
Shopify is currently a classic momentum trap disguised as a value turnaround. The massive 139x trailing PEG combined with negative earnings growth (-42%) makes the long-term thesis tenuous, yet technicals and options flow are screaming for a short-term pop. The market is pricing in a perfect execution of the upcoming May 5 earnings report, evidenced by the sheer volume of $130-$131 call buying. If earnings miss even slightly, the gamma exposure in the short calls could trigger a violent mean reversion, making the current 4-star short-term rating a high-risk, high-reward momentum spike rather than a sustained trend. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.119278 |
| MSTL | 0.120130 |
| AutoTheta | 0.122787 |
| AutoETS | 0.123368 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 77% |
| H-stat | 1.09 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.256 |
| Excess Kurtosis | 0.01 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 1.395 |
| Revenue per Share | 8.896 |
| Market Cap | 170,624,450,560 |
| Trailing P/E | 139.52 |
| Forward P/E | 57.14 |
| Beta | 2.82 |
| Profit Margins | 10.65% |
| Website | https://www.shopify.com |
As of April 18, 2026, 7:46 p.m. EDT: Speculators are deploying significant bullish momentum on short-dated expirations (April 17) with heavy volume spikes on $128, $130, and $131 calls, targeting a breakout above the $130 resistance. While Open Interest on $130 puts is building, it appears defensive (protective hedging) rather than aggressive directional bearishness, given the massive call OI concentration at the money. The skew towards near-term call volume suggests a 'gamma squeeze' setup or a short-term momentum play ahead of earnings, despite elevated implied volatility (IV ~49-66% ATM).
| Attribute | Value |
|---|---|
| 52 Week Change | 0.6064429 |
| Address1 | 151 O'Connor Street |
| Address2 | Ground floor |
| All Time High | 182.19 |
| All Time Low | 1.7 |
| Ask | 151.05 |
| Ask Size | 1 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.7 - Buy |
| Average Daily Volume10 Day | 8,257,360 |
| Average Daily Volume3 Month | 12,068,830 |
| Average Volume | 12,068,830 |
| Average Volume10Days | 8,257,360 |
| Beta | 2.822 |
| Bid | 114.05 |
| Bid Size | 1 |
| Board Risk | 8 |
| Book Value | 10.333 |
| City | Ottawa |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 10 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 131.15 |
| Current Ratio | 5.96 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 133.31 |
| Day Low | 129.975 |
| Debt To Equity | 1.395 |
| Display Name | Shopify |
| Earnings Call Timestamp End | 1,777,984,200 |
| Earnings Call Timestamp Start | 1,777,984,200 |
| Earnings Growth | -0.423 |
| Earnings Quarterly Growth | -0.425 |
| Earnings Timestamp | 1,777,984,200 |
| Earnings Timestamp End | 1,777,984,200 |
| Earnings Timestamp Start | 1,777,984,200 |
| Ebitda | 1,928,999,936 |
| Ebitda Margins | 0.16693 |
| Enterprise To Ebitda | 85.731 |
| Enterprise To Revenue | 14.311 |
| Enterprise Value | 165,375,213,568 |
| Eps Current Year | 1.82114 |
| Eps Forward | 2.29543 |
| Eps Trailing Twelve Months | 0.94 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 120.788 |
| Fifty Day Average Change | 10.361992 |
| Fifty Day Average Change Percent | 0.085786596 |
| Fifty Two Week Change Percent | 60.644295 |
| Fifty Two Week High | 182.19 |
| Fifty Two Week High Change | -51.04001 |
| Fifty Two Week High Change Percent | -0.28014714 |
| Fifty Two Week Low | 80.35 |
| Fifty Two Week Low Change | 50.799995 |
| Fifty Two Week Low Change Percent | 0.6322339 |
| Fifty Two Week Range | 80.35 - 182.19 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,432,128,600,000 |
| Float Shares | 1,223,099,975 |
| Forward Eps | 2.29543 |
| Forward P E | 57.13526 |
| Free Cashflow | 1,286,249,984 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 7,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.4807 |
| Gross Profits | 5,554,999,808 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0019200001 |
| Held Percent Institutions | 0.74164003 |
| Implied Shares Outstanding | 1,300,987,183 |
| Industry | Software - Application |
| Industry Disp | Software - Application |
| Industry Key | software-application |
| Ipo Expected Date | 2,025-03-31 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,656,460,800 |
| Last Split Factor | 10:1 |
| Long Business Summary | Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is based in Ottawa, Canada. |
| Long Name | Shopify Inc. |
| Market | us_market |
| Market Cap | 170,624,450,560 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_84159238 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 1,231,000,064 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 170,624,468,919 |
| Number Of Analyst Opinions | 46 |
| Open | 130.14 |
| Operating Cashflow | 2,032,999,936 |
| Operating Margins | 0.20289 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Peg Ratio | 2.41 |
| Phone | 613-241-2828 |
| Post Market Change | 0.15420532 |
| Post Market Change Percent | 0.117579356 |
| Post Market Price | 131.3042 |
| Post Market Time | 1,776,470,391 |
| Previous Close | 126.94 |
| Price Eps Current Year | 72.01533 |
| Price Hint | 2 |
| Price To Book | 12.692344 |
| Price To Sales Trailing12 Months | 14.76501 |
| Profit Margins | 0.106520005 |
| Quick Ratio | 4.584 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.73077 |
| Region | US |
| Regular Market Change | 4.20999 |
| Regular Market Change Percent | 3.31652 |
| Regular Market Day High | 133.31 |
| Regular Market Day Low | 129.975 |
| Regular Market Day Range | 129.975 - 133.31 |
| Regular Market Open | 130.14 |
| Regular Market Previous Close | 126.94 |
| Regular Market Price | 131.15 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 8,464,085 |
| Return On Assets | 0.08149 |
| Return On Equity | 0.09836 |
| Revenue Growth | 0.306 |
| Revenue Per Share | 8.896 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 10 |
| Shares Outstanding | 1,222,913,587 |
| Shares Percent Shares Out | 0.0128 |
| Shares Short | 16,687,530 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 16,415,184 |
| Short Name | Shopify Inc. |
| Short Percent Of Float | 0.0136 |
| Short Ratio | 1.89 |
| Source Interval | 15 |
| State | ON |
| Symbol | SHOP |
| Target High Price | 200.0 |
| Target Low Price | 110.0 |
| Target Mean Price | 159.69565 |
| Target Median Price | 160.0 |
| Total Cash | 5,847,000,064 |
| Total Cash Per Share | 4.484 |
| Total Debt | 188,000,000 |
| Total Revenue | 11,555,999,744 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.94 |
| Trailing P E | 139.52127 |
| Trailing Peg Ratio | 2.4103 |
| Triggerable | 1 |
| Two Hundred Day Average | 141.44475 |
| Two Hundred Day Average Change | -10.294754 |
| Two Hundred Day Average Change Percent | -0.07278287 |
| Type Disp | Equity |
| Volume | 8,464,085 |
| Website | https://www.shopify.com |
| Zip | K2P 2L8 |