Added to YB: 2026-05-29
Pitch date: 2026-05-26
SHOP [bullish]
Shopify Inc.
+7.32%
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
$138.7B
Pitch Price
$107.19
Price Target
N/A
Dividend
N/A
EV/EBITDA
61.67
P/E
105.01
EV/Sales
10.71
Sector
IT Services
Category
growth
Shopify - The Quiet Acceleration
SHOP: Rev growth accelerated to 34% (32% constant-currency) on $13B run-rate; 4 straight qtrs 30%+ growth w/ mid-to-high teens FCF margins. Merchant Solutions +39% (highest in 4yrs), Payments penetration 67%, GMV +35% (30% cc). 90% rev from 1yr+ cohorts; $100M+ GMV merchants doubled in 2yrs. AI native (Shop AI converts 2x higher). Trading 9x NTM EV/Sales vs 15x 10yr avg. Risks: loan losses up to 3.7% rev, tariff headwinds softening new adds Q1, gross margin compression as payments mix grows.
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