Why I Can’t Stop Buying SHOPIFY Stock

• Shopify (SHOP) down 21.14% YTD but banal astatine $126.94 presents accidental contempt underlying strength.

• Shopify’s 11 consecutive quarters of 25%+ gross maturation and $2.007B escaped currency travel show sustainable concern fundamentals.

• The expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks. Get them present FREE.

Shopify has present posted 11 consecutive quarters of 25%+ gross growth, and that streak is not slowing. Full-year 2025 gross reached $11.55 billion, up 30.14% twelvemonth implicit year. Q4 2025 unsocial delivered $3.67 cardinal successful revenue, up 30.6% twelvemonth implicit year, beating the statement estimation by 2.34%.

Revenue has grown to 3.9 times its 2020 level. Growth is broad-based: Merchant Solutions grew 35% successful Q4 2025, B2B gross merchandise measurement surged 96% successful 2025, Shop Pay Gross Merchandise Value  jumped 62% successful Q4 2025, and planetary gross expanded 36% successful 2025.

READ: The expert who called NVIDIA successful 2010 just named his apical 10 AI stocks

When maturation is this accordant crossed segments, it reads arsenic structural alternatively than cyclical. Management guided for low-thirties percent gross maturation successful Q1 2026, extending the streak further.

Many high-growth tech companies committedness profitability "someday." Shopify is already there. The institution generated $2 cardinal successful escaped currency travel successful 2025, up 25.67% twelvemonth implicit year. That marks 10 consecutive quarters of double-digit escaped currency travel margins.

Q4 2025 unsocial produced $715 cardinal successful escaped currency travel astatine a 19% margin. Operating income reached $1.46 cardinal for the afloat year, up 36.56% twelvemonth implicit year.

The equilibrium expanse reflects this strength: full liabilities fell 27.47% twelvemonth implicit twelvemonth to $1.716 billion, portion shareholders' equity grew 16.57% to $13.473 billion. Management backed this assurance with a $2 cardinal stock repurchase programme effectual February 17, 2026. Companies that make existent currency and instrumentality it to shareholders thin to pull sustained organization interest.

The trailing P/E sits astatine 135x, which demands respect. But the guardant P/E compresses to 68x arsenic net scale, and the expert assemblage remains firmly down the thesis: 39 bargain ratings and 10 beardown bargain ratings versus conscionable 1 merchantability rating, with a statement terms people of $159.70.