Stocktoria
SHOPIFY INC. SHOP
SHOPIFY INC. (SHOP) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $11.6B at a 10.7% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.32 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-07 | Wells Fargo | Overweight (main) |
| 2026-08-06 | Canaccord Genuity | Buy (main) |
| 2026-08-06 | DA Davidson | Buy (main) |
| 2026-08-06 | UBS | Neutral (main) |
| 2026-08-06 | RBC Capital | Outperform (main) |
| 2026-08-06 | Truist Securities | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.455 |
| Retained earnings / assets | 0.188 |
| EBIT / assets | 0.097 |
| Equity / liabilities | 7.851 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| SHOP | SHOPIFY INC. | 5/9 | 12.49 | 123.2 | +30.1% |
| NOW | ServiceNow, Inc. | 3/9 | 2.18 | 58 | +20.9% |
| EA | ELECTRONIC ARTS INC. | 5/9 | 3.44 | 58 | +0.9% |
| ADSK | Autodesk, Inc. | 8/9 | 0.36 | 36.8 | +17.5% |
| SNPS | SYNOPSYS INC | 3/9 | 2.63 | 65.3 | +15.1% |
| NTES | NetEase, Inc. | 4/9 | 10.17 | — | +11.6% |
| TTWO | TAKE TWO INTERACTIVE SOFTWARE INC | 7/9 | -1.58 | — | +18.2% |
About SHOPIFY INC.
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. 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. It also provides Shopify Payments, a fully integrated payment processing service that allows merchants to accept and process payment cards online and offline. In addition, the company engages in the sale of themes and apps; shipping labels through Shopify Shipping; point-of-sale hardware; advertising on the Shopify App Store; and Shop Campaigns for buyer acquisitions, as well as registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is based in Ottawa, Canada.
FAQ
Is SHOP financially healthy?
SHOPIFY INC.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does SHOP pay a dividend?
No, SHOPIFY INC. does not currently pay a dividend.
How profitable is SHOP?
In FY2025, SHOPIFY INC. had a net margin of 10.7% and a return on equity of 9.1%.
Is SHOP overvalued or undervalued?
SHOPIFY INC. trades at about 160.0× trailing earnings — above its 10-year norm (10-year range 42.1×–800.7×, median 139.6×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for SHOP?
The average Wall-Street price target for SHOPIFY INC. is $167.89, about 11.6% above the recent price, from 46 analysts (consensus: buy).
Is SHOP a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on SHOPIFY INC.: a Piotroski F-score of 5/9, an Altman Z″ in the safe zone, a P/E of about 123.2×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.