TSE:SHOP
Shopify Inc. (SHOP.TO)
Financials 
Technical Analysis 
Sep 12, 2026, 12:00 amThis summary was created by AI, based on 67 opinions in the last 12 months.
Shopify Inc. has received a mixed bag of reviews from experts, highlighting its robust business model and innovative strides in AI technology. Many analysts appreciate its strong quarterly earnings and growth prospects, especially in catering to small- and medium-sized businesses. However, a prevalent concern revolves around its high valuation metrics, with price-to-earnings (PE) ratios often exceeding 60x. This has led to a general hesitation among some analysts, who question the sustainability of its current trajectory without a commensurate decline in valuation. Despite the volatility and high prices, several experts see potential in Shopify's long-term growth and its ability to adapt to evolving market conditions.
A recent start-up company which made its listing on the exchange about 3 months ago. Started hot out of the gate, but has not been so hot as of late. When buying a high growth company, you are buying the future, their growth prospects. Revenue growth has been spectacular, but the question is can they make money on that revenue growth. Can they develop into a company that is really going to be a long-term winner for shareholders? He doesn’t invest in companies like this, because he has doubts of his ability to guess what is going to happen next.
He is really focused on growth. This is an e-commerce model for small and medium-sized businesses. They have already sold in 150 countries. If it can work, and it appears that it is, it looks quite good. It could get a lot of momentum on the upside as it grows out. If it executes, it will do very well. The other side is that these things are always being gobbled up by the big guys as things go forward. It doesn’t make money yet, but will do so in another 12 months or so.
Rick StuchberryThis had a huge run up, surprisingly somewhere up to the $40’s. Like a lot of the IPOs in the last month or so, the excitement has started to fade. He would not own the stock as it has too short a history for evaluating and also the price momentum has fallen off. On stocks like this, where there has been a nice pop, the shareholder base is not necessarily long-term holders and you have to be careful. If you own, have a level where you are going to get out of the stock on the way down. This is not one that he would be buying.
This was a hot IPO. Web commerce is a rapidly growing field, and this company does it very well. However, it is a loss making company and will issue a lot more shares to actually grow the business. Plus there are loads and loads of options for management and staff with high incentives to buy. You are probably wisest to take your profits and wait and see how things settle down.
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It is a value added service. The only argument about it is valuation. There is risk in the form of overall market risk. Take only half a position. You can see the growth strategy and they have penetrated the market.