Shopify
SHOPMarket price data through August 21, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- +119%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$68
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- September 2024
- The month this stock first became a Benson pick.
- Tracking duration
- 23 months
- How long Benson has been tracking this pick.
About Shopify
Shopify is the all-in-one platform that lets anyone start, run, and grow a business. From candle makers working out of a garage to brands like SKIMS, Supreme, and Vuori, millions of businesses in over 175 countries use it to sell online, in stores, and everywhere in between.
The case for and against
Both sides of the story, in plain English.
- Monster Quarter
Merchants sold 115.6 billion dollars worth of goods through Shopify in just three months, up 32 percent from a year ago. Revenue climbed 34 percent to 3.58 billion dollars, and growth actually sped up compared to last year's already strong quarter. That is rare for a company this size.
- Profit Engine
Free cash flow jumped to 654 million dollars, an 18 percent margin, up from 422 million dollars a year ago. Operating income shot up 68 percent to 488 million dollars, and Shopify bought back 1.42 billion dollars of its own stock this quarter. The growth story now comes with real profits attached.
- Pricey Ride
Shopify is expensive compared to most software companies, and its beta of 2.59 means the stock swings about two and a half times harder than the overall market. One soft quarter can knock a big chunk off the price fast.
- Margin Mix
The lower-margin side of the business is growing fastest. Merchant services revenue rose 37 percent to 2.78 billion dollars while the steadier subscription side grew just 22 percent. Management also expects next quarter's growth to cool to the low thirties, so the pace is set to slow.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-21. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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