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TSE:SHOP

Shopify Inc. (SHOP.TO)

205.63
+2.26 (1.11%)
as of Aug 21, 2026, 8:00:00 pm Market Open.
979 watching
0
Investor Insights
star iconAug 23, 2026, 12:00 am

This summary was created by AI, based on 67 opinions in the last 12 months.

Shopify Inc. has garnered mixed reviews from experts regarding its performance and valuation. While many acknowledge its strong business model and potential for growth, especially with the integration of AI into its services, concerns about its inflated valuation persist. The stock showcases impressive revenue growth, with recent quarterly earnings reporting a substantial increase, yet the high price-to-earnings ratio raises apprehensions among analysts about potential market corrections. Experts emphasize the company's unique position in the e-commerce ecosystem and its resilience despite economic challenges; however, they caution that the prevailing high valuation leaves limited room for errors. Overall, while Shopify is viewed as a significant player in the tech and e-commerce space, the investment sentiment is tempered due to its high price relative to earnings and growth expectations.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Overvalued
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MSTE,MSFT
BUY ON WEAKNESS
This chart looks fantastic. We bottomed in December. Support is around $220. He sees weakness in the next week or so and that would be a great opportunity to pick it up on weakness.
BUY ON WEAKNESS
A name they owned since $40. Last quarter was a beat but their guidance didn't meet the street expectations. he models 55% earning growth. he wouldn't buy it at this level. As long as they execute well you can buy on weakness as their addressable market is huge. (Analysts’ price target is $246.00)
PAST TOP PICK
(A Top Pick Dec 15/17, Up 79%) It is one of the world leaders in the e-commerce space. It is well on to 1 million customers. It is always an expensive stock. It has $1.5 billion in cash.
TOP PICK
A world leader that is executing well on its strategy. The standard for e-commerce if you are going to sell online. He expects their EPS to double by 2020. Yield 0% (Analysts’ price target is $246.89)
BUY
Volatile with serious moves, like today up 2%. It's starting to break above resistance, which is good. This could very well break out to new highs, because it's still charting higher. Overall, the Canadian tech sector is amazing. Good for the long term.
BUY
Great Canadian success story. Not cheap, and extremely volatile. But it's resilient and has always bounced back. He'd continue to buy. It's a high multiple stock, so gets hit harder when the market gets hit.
COMMENT
For a volatile stock, this has hit a wall at the bottom. Complicated. It's had a huge run, but it's been very volatile lately. It could rise to $240, maybe. It's hanging into a tighter range more than ever and now behaving like a typical stock.
DON'T BUY
He prefers U.S. tech names. SHOP has rich foward valuation at 270x with a 42% long-term growth rate. Since June, it's been showing lower highs and lower lows. Not good. SHOP relies on its relationships with Amazon, eBay and Facebook so any changes there could hurt SHOP. Another worry is the quality of some of its merchant-clients involved in "drop shipping." Volatile and high-beta. He's never owned this.
WATCH
E-commerce remains strong, but he expects regulatory headwinds coming. It's too expensive now, though he's following it. Shopify is the only competitor to Facebook.
WATCH
He's owned it in the past. He likes the company and its recurring revenue, but they don't have net income. What really worries him is competition in this space. It's overvalued at the moment, but has held up quite well. $170-220 is their range for the past year. Wait till it breaks below $170, but it's anyone's guess whether it goes one way or another.
PAST TOP PICK
(A Top Pick Jan 26/18, Up 33%) Their Q3 was a good beat, up 58% YOY. He expects even more this year. He see 230% EPS growth this year. But it trades at 160x 2020 earnings.
PAST TOP PICK
(A Top Pick Feb 16/18, Up 13%) There have been some pretty big swings. It is only a matter of time before it breaks out of the trend and moves further up.
PAST TOP PICK
(A Top Pick Jan 17/18, Up 38%) Exited this trade in July when it was even higher, as they were de-risking portfolios. The valuation was high, and some concern about churn in the customer base.
BUY
He likes it and thinks it has a great future. It is an expensive stock but the earnings and revenue growth are going to be spectacular. They are still building the business.
DON'T BUY
Walking upstairs. Its balance sheet is like up-flat-up flat. He sees a gap between its fair market value and its stock price (87% in his opinion).
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