Added to YB: 2026-08-31
Pitch date: 2026-08-27
SHOP [neutral]
Shopify Inc.
-1.24%
current return
Author Info
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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
$198.6B
Pitch Price
$154.82
Price Target
183.00 (+19%)
Dividend
N/A
EV/EBITDA
80.68
P/E
104.17
EV/Sales
14.57
Sector
IT Services
Category
growth
Shopify: AI Orders Tripled at a $192 Billion Company Growing 34%
SHOP (watchlist): Shopify remains a watchlist name rather than a buy after rising 59% from $94 in May to $149. Revenue grew 34%, AI-driven traffic and orders tripled, and trailing free cash flow reached $2.35B, but the company trades at roughly 100x owner’s earnings. The $183 base-case value implies only a 4.2% annual return through 2031, while the bull case yields 13.3%, below the required hurdle.
Read full article (24 min)