How to Buy Shopify Stock
Shopify Inc
Shopify Inc. , a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America.
Shopify stock last closed at $141.28, down 0.18% from the previous day, and has increased 92.82% in one year. It has overperformed other stocks in the Software - Application industry by 1.03 percentage points. Shopify stock is currently +114.52% from its 52-week low of $65.86, and -9.93% from its 52-week high of $156.85.
At the moment, there are 1.3B shares of SHOP outstanding. The market cap of SHOP is $183.62B. In the past 24 hours, 4.49M SHOP shares were traded.
How to Buy Shopify Stock
Not sure how to invest in Shopify stock? Here's how.
- Choose where to buy Shopify stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Shopify stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Pick your payment method and add your information.
- Research Shopify stock: The Shopify ticker symbol is SHOP. Is Shopify stock a good investment? Should you buy shares of SHOP? How do SHOP's underlying business fundamentals look? Do top analysts think Shopify is a good buy? Why has SHOP's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if SHOP is a good stock to buy).
- Make your SHOP purchase: Decide if you will purchase SHOP shares at the current market price or use a limit order to buy SHOP shares at a given price.
- Keep tabs on your SHOP investment: Create a watchlist to monitor your new investment in Shopify stock.
Step 1: Choose where to buy Shopify stock
You need an online brokerage account in order to access the NASDAQ market and buy SHOP shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best stock brokerage. eToro gives you:
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Get $10 towards your share purchase by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you are able to invest in SHOP today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've created your account on the best free stock trading app, you can securely and quickly fund your account:
Check out the walkthrough below for more details depositing funds into your new brokerage account.
Step 4: Research Shopify stock
Once you have selected the best place to buy Shopify stock, it's crucial to research their stock before you invest, so you truly wrap your head around the risk and upside.
Shopify shares at a glance
Fundamentals of Shopify
WallStreetZen was created to help average investors perform better fundamental analysis.
You can see all of the due diligence checks on SHOP's stock page.
Is SHOP stock overvalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge SHOP's fair value.
Using relative valuations ratios:
- SHOP may be overvalued based on its P/E ratio of 77.63x, relative to Software - Application industry P/E ratio of 28.94x
- SHOP may be overvalued based on its P/B ratio of 15.14x, relative to Software - Application industry P/B ratio of 6.63x
You can access more valuation research on SHOP's stock here.
SHOP Financial Health
Signs that SHOP is financially healthy:
- There are more short-term assets than long-term liabilities on the SHOP balance sheet.
- SHOP has a low debt to equity ratio of 0.2.
- SHOP's operating cash flow of $1.83B allows it to safely service it's debt of $1.14B.
- There are more short-term assets than short-term liabilities on the SHOP balance sheet.
- SHOP earnings of $2.59B is not enough to cover its interest payments.
- SHOP profit margin has gone up from 16.4% to 23.4% in the past year.
Signs that SHOP is not financially healthy:
- Total SHOP debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy SHOP stock
Out of 27 Equities analysts who give recommendations on SHOP, the consensus analyst rating on Shopify is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest SHOP Analyst Upgrades/Downgrades
Gabriela Borges, a top 14% analyst from Goldman Sachs maintains SHOP with a strong buy rating and raises their SHOP price target from $120.00 to $176.00, on Aug 7, 2025.
Timothy Chiodo, a top 20% analyst from UBS maintains SHOP with a hold rating and raises their SHOP price target from $110.00 to $145.00, on Aug 7, 2025.
Parker Lane, a bottom 3% analyst from Stifel Nicolaus maintains SHOP with a hold rating and raises their SHOP price target from $110.00 to $150.00, on Aug 7, 2025.
Stifel Nicolaus's Parker Lane raised their price target on Shopify (NASDAQ: SHOP) by 36.4% from $110 to $150 on 2025/08/07. The analyst maintained their Hold rating on the stock.
Shopify reported its Q2 2025 earnings on 2025/08/06.
Lane called the quarter's GMV, revenue, and EPS beat "significant," and noted that management guided Q3's growth to the mid-to-high 20s.
Based on the results, guidance, and management's commentary, the analyst opined that "it is clear the macro is having little to no impact" on Shopify's ability to complete its strategic initiatives.
Regarding valuation, Lane said, "We remain believers in the company's near-term growth outlook, but investors should wait for a more attractive entry opportunity."
Earnings Report
For Q2 2025, Shopify reported:
- EPS of $0.35, which beat the Zacks Consensus Estimate by 25% and Q2 2024 by 34.6%.
- Revenue of $2.68B, which beat the Zacks Consensus Estimate by 5.47% and was up 31.1% Y/Y.
For Q3 2025, management guided:
- Mid-to-high twenties revenue growth.
President Harley Finkelstein commented: “Today’s results are the payoff from bold bets we made years ago.
“The investments we’re making now will fuel our next chapter.
"At Shopify, innovation never stops.
"No matter how good the numbers look, there’s always a new frontier in commerce—and we’ll continue to lead the way.”
Paul Treiber, a top 11% analyst from RBC Capital maintains SHOP with a buy rating and raises their SHOP price target from $145.00 to $170.00, on Aug 7, 2025.
Terry Tillman, a top 18% analyst from Truist Securities maintains SHOP with a hold rating and raises their SHOP price target from $95.00 to $150.00, on Aug 7, 2025.
You can dive deeper into what analysts are saying on the Shopify stock forecast page.
Metrics for Advanced SHOP Traders
SHOP Revenue
Last year, SHOP earnings were $2.35B. During the past four year, SHOP's earnings have gone up by -2.23% per year. This was slower than the Software - Application industry average of 124.76%.
Last year, SHOP revenue was $10.01B. During the past five year, SHOP's revenue has gone up by 36.93% per year. This was faster than the Software - Application industry average of 22.37%.
You can analyze SHOP's earnings and revenue performance here.
Are SHOP executives and large shareholders buying or selling the stock?
Over the last year, insiders at SHOP have not bought or sold any shares.
Get more info about who owns SHOP shares here.
Can I get consistent income from SHOP stock?
No, Shopify doesn't provide an income stream by paying out dividends.
Get analysis from other traders
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your SHOP purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Click the Open button and your broker will execute the order.
If you need more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your SHOP investment
Now that you own some shares in SHOP, you'll want to stay up-to-date on your new company.
Make a watchlist to get notified of the latest news about your SHOP stock.
SHOP Feed
How to Buy Stock in Shopify
To summarize, here are the 6 steps to buy Shopify stock:
- Choose where to buy Shopify stock
- Sign up for your brokerage account
- Deposit money your investment account
- Research Shopify stock
- Make your SHOP purchase
- Keep tabs on your SHOP investment
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your new investment in Shopify, add SHOP to your watchlist by clicking the button below.
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