<- Go home

Added to YB: 2025-11-14

Pitch date: 2025-11-13

SHOP [neutral]

Shopify Inc.

+15.36%

current return

Author Info

No bio for this author

Company Info

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.

Market Cap

$206.2B

Pitch Price

$142.33

Price Target

170.00 (+4%)

Dividend

N/A

EV/EBITDA

119.82

P/E

116.87

EV/Sales

18.73

Sector

IT Services

Category

growth

Show full summary:
SHOP | Shopify Q3 2025 Financial Highlights

SHOP (earnings): Q3 revenue +32% to $2.84B, FCF $507M (18% margin), but MRR growth slowed to 10% vs expected $195M. Merchant solutions now 75% of revenue driven by payments penetration at 58%. Major risk: credit losses surged 155% to $148M, far exceeding GMV growth, suggesting relaxed lending standards to SMBs vulnerable in downturn.

Read full article (7 min)