Shopify stock costs EUR 158.44 at USD 229.9 billion market cap

Published on 10/12/2026 at 17:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 3.58 billion in the second quarter, up 33.70 percent. Shopify stock costs EUR 158.44 on October 12, 2026.

Key points in brief

Shopify stock was priced at EUR 158.44 at Lang & Schwarz on October 12, 2026.
Second-quarter revenue reached USD 3.58 billion, up 33.70 percent year over year.
JPMorgan raised its Shopify target from USD 185 to USD 200 and kept an Overweight rating.
Shopify's market capitalization was USD 229.9 billion, with a P/E ratio of 118.85.

SHOP, CA82509L1076, Illustration mit AI erstellt.

Shopify (CA82509L1076) was priced at EUR 158.44 at Lang & Schwarz on October 12, 2026 at 5:03 p.m. CEST. The market value was USD 229.9 billion, putting valuation metrics at the center of the stock's profile.

Revenue growth remains high

Shopify reported revenue of USD 3.58 billion in the second quarter of 2026, an increase of 33.70 percent from the same quarter a year earlier, according to Yahoo Finance on October 7, 2026. The report also said Shopify exceeded analysts' revenue expectations by 3.70 percent.

The latest quarterly result gives the stock a clear operating benchmark: revenue growth remains well above the 30 percent threshold, while the company continues to compete in commerce software and digital payments. Shopify's platform serves merchants across online storefronts, social channels and physical retail.

Valuation carries the burden

Shopify's P/E ratio was 118.85 as of October 12, 2026. The valuation leaves less room for weaker growth or a lower earnings outlook, even though the latest revenue comparison remains favorable.

JPMorgan raised its Shopify price target from USD 185 to USD 200 on October 6, 2026, while keeping an Overweight rating, as Markets Insider reported. The change represents an 8.11 percent increase in the target itself, calculated from USD 185 to USD 200.

Comparison with peers

Shopify (NASDAQ, USD): , P/E 118.85, market capitalization USD 229.9 billion

Amazon (NASDAQ, USD): minus 0.46 percent, P/E 21.02, market capitalization USD 2.8 trillion

Wix (NASDAQ, USD): minus 2.80 percent, P/E minus 21.02, market capitalization USD 3.9 billion

Next results date is set

Shopify's next scheduled financial results are due on November 3, 2026, according to the company's investor-relations calendar at Shopify. That date gives the next report a direct test of whether second-quarter growth can continue into the third quarter.

Shopify stock stays valuation sensitive

Shopify combines USD 3.58 billion of second-quarter revenue with a USD 229.9 billion market capitalization and a P/E ratio of 118.85. The figures define a stock whose market value depends heavily on sustained operating growth.

The further course of trading is shown by the continuously updated real-time quote of Shopify stock.