Shopify stock holds near $128 after strong Q2 numbers
Published on 09/19/2026 at 11:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Shopify stock (ISIN CA82509L1076) closed at USD 128.50 on September 18, 2026, with a market cap of USD 165.33 billion and a 52-week range of USD 94.00 to USD 182.19. The latest Q2 figures showed revenue of USD 3.58 billion and earnings per share of USD 0.42, both reported on August 5, 2026.
Q2 still drives the story
According to MarketBeat on September 19, 2026, Shopify has a consensus rating of Moderate Buy and an average price target of USD 171.34. The same report said Q2 revenue rose 33.7 percent year over year to USD 3.58 billion, while EPS came in at USD 0.42 versus USD 0.69 a year earlier.
That combination matters for investors because the current share price of USD 128.50 is still well below the consensus target of USD 171.34, while the 52-week high sits at USD 182.19. The stock also traded above its 200-day average of USD 123.48 and below its 50-day average of USD 136.53, according to the same MarketBeat report.
Volume stayed active
TMX Money showed Shopify at USD 179.34 on September 19, 2026, on the TSX, with a last trade time of September 18, 2026, 4:20 PM ET, volume of 5,514,611 and market cap of CAD 216,748,238,276. The same quote page listed a 52-week range of CAD 129.01 to CAD 253.10 and a prev. close of CAD 180.01.
For investors, the gap between the NASDAQ close of USD 128.50 and the MarketBeat target of USD 171.34 is the key valuation marker to watch. The Q2 beat of USD 0.42 versus USD 0.40 consensus gives the stock a concrete earnings anchor.
Shopify stock at a glance
- Company: Shopify Inc.
- ISIN: CA82509L1076
- Ticker: SHOP
- Trading venue: Nasdaq
- Price (as of September 18, 2026): USD 128.50
- Market capitalization: USD 165.33 billion (as of September 19, 2026)
- Sector / Industry: Technology / Software & IT Services
- Index membership: Nasdaq-100
