Shopify (SHOP, $243.28) shares climb +8% on phenomenal Q1 earnings beat
Shopify’s first quarter earnings per share not only crushed analysts’ estimates, but also surged more than +100% from the year-ago period.
The Canadian e-commerce company raked in 9 cents per share, compared with a loss of -5 cents estimated by analysts, according to IBES data from Refinitiv. The figure is more than double the year-ago quarter’s 4 cents.
Revenue for the quarter came in at $320.5 million, beating estimates of $309.4 million. Shopify's subscription business grew +40% to $140.5 million, emerging as a major driver of a +50% year-over-year growth in total revenue.
However, adjusted operating loss for the first quarter was 0.4% of revenue, (or $1.4 million), wider than the operating loss for the first quarter of 2018 that was 0.1% of revenue (or $200,000).
Looking ahead, Shopify expects its next quarter revenue to be in the range of $345 million to $350 million, with adjusted operating loss of -$6 million to -$8 million (excluding stock-based compensation expenses and related payroll taxes of $40 million).
For the full-year 2019, the company predicts that revenue would be $1.5 billion with adjusted operating income in the range of $20 to $30 million (excluding stock-based compensation expenses and related payroll taxes of $160 million).
Shopify shares jumped more than +8% on the earnings report.
SHOP sees its Stochastic Oscillator ascending out of oversold territory
On June 15, 2026, the Stochastic Oscillator for SHOP moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 58 instances where the indicator left the oversold zone. In of the 58 cases the stock moved higher in the following days. This puts the odds of a move higher at over .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SHOP just turned positive on May 26, 2026. Looking at past instances where SHOP's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SHOP advanced for three days, in of 318 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The 10-day RSI Indicator for SHOP moved out of overbought territory on June 02, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 11, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SHOP as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
SHOP moved below its 50-day moving average on June 05, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHOP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SHOP broke above its upper Bollinger Band on May 28, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for SHOP entered a downward trend on May 26, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SHOP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (11.223) is normal, around the industry mean (25.659). P/E Ratio (105.971) is within average values for comparable stocks, (74.036). Projected Growth (PEG Ratio) (2.103) is also within normal values, averaging (1.550). Dividend Yield (0.000) settles around the average of (0.050) among similar stocks. P/S Ratio (11.429) is also within normal values, averaging (52.261).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SHOP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock worse than average.
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General Information
an operator of eCommerce website that allows customers to sell online by providing software to create an online store
Industry PackagedSoftware
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