FY2026 EPS Estimates for Shopify Increased by Analyst

Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) – Investment analysts at Seaport Res Ptn boosted their FY2026 EPS estimates for shares of Shopify in a research note issued on Monday, October 13th. Seaport Res Ptn analyst J. Cantwell now forecasts that the software maker will earn $1.29 per share for the year, up from their prior forecast of $1.28. The consensus estimate for Shopify’s current full-year earnings is $1.12 per share. Seaport Res Ptn also issued estimates for Shopify’s Q4 2026 earnings at $0.46 EPS.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its quarterly earnings data on Wednesday, August 6th. The software maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.06. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.55 billion. Shopify had a net margin of 23.42% and a return on equity of 12.30%. The business’s revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.26 EPS.

Several other analysts have also weighed in on SHOP. Cantor Fitzgerald set a $156.00 price objective on Shopify and gave the stock a “neutral” rating in a report on Wednesday, August 27th. BMO Capital Markets lifted their price target on shares of Shopify from $120.00 to $180.00 and gave the stock an “outperform” rating in a research note on Thursday, August 7th. Benchmark restated a “buy” rating and issued a $140.00 price objective (up previously from $125.00) on shares of Shopify in a research note on Tuesday, August 5th. ATB Capital downgraded shares of Shopify to a “sector perform” rating in a report on Thursday, August 7th. Finally, Needham & Company LLC initiated coverage on shares of Shopify in a research note on Monday, July 14th. They issued a “buy” rating and a $135.00 target price on the stock. Twenty-two analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $151.95.

Shopify Stock Up 2.2%

SHOP stock opened at $156.21 on Wednesday. Shopify has a twelve month low of $69.84 and a twelve month high of $169.69. The company has a market cap of $203.02 billion, a PE ratio of 87.27, a price-to-earnings-growth ratio of 7.16 and a beta of 2.72. The business’s 50-day simple moving average is $147.72 and its 200 day simple moving average is $120.16.

Institutional Investors Weigh In On Shopify

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Shopify by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 49,316,695 shares of the software maker’s stock valued at $5,688,053,000 after purchasing an additional 1,354,415 shares during the last quarter. Norges Bank bought a new position in shares of Shopify in the second quarter valued at about $1,794,952,000. Loomis Sayles & Co. L P lifted its position in Shopify by 1.3% during the 2nd quarter. Loomis Sayles & Co. L P now owns 14,622,787 shares of the software maker’s stock worth $1,686,738,000 after buying an additional 191,824 shares in the last quarter. Jennison Associates LLC grew its holdings in Shopify by 118.1% during the 2nd quarter. Jennison Associates LLC now owns 11,519,610 shares of the software maker’s stock worth $1,328,787,000 after acquiring an additional 6,238,829 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Shopify by 19.9% during the 2nd quarter. Geode Capital Management LLC now owns 10,731,795 shares of the software maker’s stock worth $1,247,007,000 after acquiring an additional 1,781,530 shares during the last quarter. 69.27% of the stock is currently owned by institutional investors.

About Shopify

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.