Why does SHOP lag the market?
Up 3% over five years while the S&P 500 rose 76%.
- Its filed figures improved while the shares lagged the market.
The other side, how the business stands, and the timeline, for Pro members.
SHOP's Quality Score fell 7 points on Fri, Oct 30, to 11. Closed more than 1.5% below its 21-day average (5 chart checks stopped). 2 more reasons, for Pro members.
We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.
Up 3% over five years while the S&P 500 rose 76%.
The other side, how the business stands, and the timeline, for Pro members.
| The company | Sales up 33% on the year |
| Its score | Up:Above Average or better for 28 days in a row |
| Latest filing | 20-F, Feb 11 |
ReportReports tomorrow, before the open. Every 3 months, a company tells everyone how much it sold and earned. It fell after 3 of its last 4 reports, -3.1% on average. Past reports ›
After its last 4 reports it closed -3.1% on average, higher 1 of 4 times.
Above Averagefor quality, not price, 3 of 14 chart checks firingWhat the Quality Score means
SHOP is #65 of 271 by Quality Score.
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Share count against a year before: SHOP -0.2%, CRM -14%.
Reports Tue Nov 3, before the open (tomorrow). Confirmed.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Aug 5, 2026 | +21.6% | +17.0% | +23.8% |
| May 5, 2026 | -9.0% | -15.6% | -19.6% |
| Feb 11, 2026 | +9.2% | -6.7% | -4.4% |
Sales grew every year from 2022 to 2025, to $12B. It made a profit in three of the four years.
In ETFs: SHOP is 0.9% of QQQI, 0.9% of QQQ, and 0.9% of QQQM, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
“Our market is transforming, competitive and highly fragmented, and we expect competition to increase in the future.”
SHOP scores 11 today, which Breakaway calls Above Average. It is #65 of 271 in Software by Quality Score, with 3 of 14 chart checks firing. Up 3% over five years while the S&P 500 rose 76%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
SHOP scores 11 today, which Breakaway calls Above Average (11 to 14). That is #65 of 271 in Software by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind SHOP's 11.
Reports Tue Nov 3, before the open, a date the company confirmed. SHOP closed higher after 1 of its last 4 reports. Past behavior, not a forecast.
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