Shopify Inc.
SHOPTechnologyNASDAQSoftware - Application · Last scanned May 29, 2026
Scan Results
Daily timeframe1 of 4 indicators bullish as of May 28
Part of the technology sector, Shopify Inc. (SHOP) is listed under Software - Application. Valued at $149.27B, SHOP is a large-cap name in its sector. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces.
Market Cap
$149.27B
Beta
2.64
P/E (TTM)
112.77
P/E (Fwd)
49.33
EPS (TTM)
$1.02
EPS (Fwd)
$2.33
ROE
11.3%
ROA
9.6%
Cash
$5.74B
Total Debt
$179.0M
Free CF
$1.26B
52W Change
7.3%
Annual Financials
Cash vs Debt
With $5.74B in cash and $179.0M in debt, SHOP maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $1.26B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 11.3%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 9.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $5.60B (2022) to $11.56B (2025), reflecting a 106% increase over the period.
With a beta above 1.5, SHOP tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. With cash comfortably exceeding debt, SHOP has financial flexibility that may help navigate uncertain periods. At over 50x earnings, SHOP carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Shopify Inc.'s trajectory.