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Stock impact report

Shopify: Backbone Of Commerce Remains Overpriced - Tougher YoY Comparison In FY 2026 [Seeking Alpha]

Shopify Inc. - Class A Subordinate Voting Shares (SHOP) 
Last shopify inc. - class a subordinate voting shares earnings: 2/12 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.shopify.com/home/default.aspx
Company Research Source: Seeking Alpha
While it remains to be seen if SHOP's agentic commerce offerings may achieve widespread adoption across its growing merchant base, I reckon that user demand may be robust. Assuming so, readers may look forward to a growing merchant adoption of SHOP's vertically integrated SaaS offerings along with the expanded monetization of its AI-driven advertising capabilities. Given the maturing growth prospects and the outsized rally, SHOP is now overly expensive at a P/E of 111x, pending an acceleration in its adj EPS growth profile in the triple digits. This is especially since the SaaS company may face a tougher YoY comparison moving forward, with FY2026 unlikely to bring forth similar FY2025/FY2024 tailwinds from the prior price hikes. Daniel Grizelj/DigitalVision via Getty Images I previously covered Shopify Inc. SHOP SHOP:CA ) in September 2025, discussing how the stock had been trading along its well-established pattern since the Q1'23 bottom, as the stock previously neared its Show less Read more
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