Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Shopify Inc. before investing.

In this article, we go over a few key elements for understanding Shopify Inc.’s stock price such as:

• Shopify Inc.’s current stock price and volume
• Why Shopify Inc.’s stock price changed recently
• Upgrades and downgrades for SHOP from analysts
• SHOP’s stock price momentum as measured by its relative strength

About Shopify Inc. (SHOP)

Before we jump into Shopify Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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.

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Shopify Inc.’s Stock Price as of Market Close

As of April 21, 2026, 10:18 AM, CST, Shopify Inc.’s stock price was $136.900.

Shopify Inc. is up 1.3% from its previous closing price of $135.140.

During the last market session, Shopify Inc.’s stock traded between $133.370 and $137.300. Currently, there are approximately 1,302.53 million shares outstanding for Shopify Inc..

Shopify Inc.’s price-earnings (P/E) ratio is currently at 143.8, which is high compared to the IT Services industry median of 22.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Shopify Inc. Stock Price History

Shopify Inc.’s (SHOP) price is currently up 15.41% so far this month.

During the month of April, Shopify Inc.’s stock price has reached a high of $137.300 and a low of $108.948.

Over the last year, Shopify Inc. has hit prices as high as $182.190 and as low as $80.350. Year to date, Shopify Inc.’s stock is down 14.95%.

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What Caused Shopify Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of April 20, 2026,, no analysts have changed their rating of Shopify Inc.’s stock over the last month.

Additionally, you'll want to evaluate Shopify Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Shopify Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Shopify Inc.’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Shopify Inc. (SHOP) by visiting AAII Stock Evaluator.

Relative Price Strength of Shopify Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of April 20, 2026, Shopify Inc. has a weighted four-quarter relative price strength of 2.67%, which translates to a Momentum Score of 63 and is considered to be Strong.

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Shopify Inc. Stock Price: Bottom Line

As of April 21, 2026, Shopify Inc.’s stock price is $136.900, which is up 1.3% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Shopify Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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