--- title: "SHOP Shopify" canonical: "https://supercyclehq.com/stock/shopify" type: "stock" dataAsOf: "2026-11-06" ticker: "SHOP" license: "Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset." disclaimer: "Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI." --- # Shopify (SHOP) Shopify sells the software that powers online stores. ## AI Exposure Score **15/100, Peripheral.** Sells e-commerce software and payments to merchants, bundling AI tools like Sidekick and Magic for content and support. AI improves the product, but growth tracks merchant sales volume, not the AI buildout. ## Quote | Field | Value | | --- | --- | | Price (EOD close) | $148.91 | | Change 1d | +3.59% | | Change 7d | -5.45% | | Change 30d | -9.51% | | Change 1y | -2.30% | | 52-week high | $179.22 | | 52-week low | $95.40 | | Market cap | $191.6B | | P/E | 91.36 | | EPS | $1.63 | | Next earnings | 2026-11-03 | Quote as of 2026-11-06. ## Company | Field | Value | | --- | --- | | Exchange | NYSE | | Sector | Technology | | Headquarters | Ottawa, Canada | | CEO | Tobias Lutke | | Employees | 7,600 | | Website | https://www.shopify.com | | Buildout layers | [AI Applications](https://supercyclehq.com/category/ai-saas) | ## What the company does Shopify sells the software that powers online stores. Merchants pay subscriptions for its e-commerce platform and Shopify takes a cut of payments processed through it, so revenue grows with the number of merchants and the volume they sell. Its AI tools are built for those merchants: Shopify Magic generates product descriptions and content, the Sidekick AI assistant answers questions and automates store tasks, and AI product recommendations help shoppers find items. These features make the platform more useful without changing what merchants fundamentally pay for. Founded in 2006 and headquartered in Ottawa, Canada, Shopify employs about 7,600 people under co-founder and CEO Tobi Lutke, and its shares trade on the NYSE. ## Role in the AI buildout Shopify sits in the AI Applications layer of the buildout, as a commerce platform that bundles AI rather than sells it. Magic and Sidekick lower the effort of running a store, which helps retain merchants and win new ones. But Shopify's growth tracks merchant sales volume, not AI infrastructure spending, so the buildout passes through its product rather than its revenue line. Supercycle scores its AI exposure at 15 out of 100. ## Tracked investors holding it (13F) | Investor | Fund | Position value | Portfolio % | Change | Period | | --- | --- | --- | --- | --- | --- | | [Cathie Wood](https://supercyclehq.com/investors/cathie-wood) | ARK Investment Management | $474.5M | 3.08% | trimmed | 2026-06-30 | | [Daniel Sundheim](https://supercyclehq.com/investors/daniel-sundheim) | D1 Capital Partners | $94.9M | 0.27% | new | 2026-06-30 | ## Recent news - [Shopify Stock Falls Despite Strong AI-Powered Growth. Should Investors Buy the Dip?](https://www.fool.com/investing/2026/11/06/shopify-stock-falls-despite-strong-ai-powered-grow/?.tsrc=rss) (source, 2026-11-06) - [Morgan Stanley sees golden buying opportunity in a battered stock](https://www.thestreet.com/investing/stocks/shop-shopify-morgan-stanley-issues-fresh-buy-call-on-stock-after-pullback?.tsrc=rss) (source, 2026-11-06) - [SupportNinja Brings AI-Native CX Solutions to Ecommerce Through Aventus Acquisition](https://finance.yahoo.com/technology/ai/articles/supportninja-brings-ai-native-cx-140000692.html?.tsrc=rss) (source, 2026-11-05) - [Latest News In E-Commerce - Shopify's Revenue Surge Highlights Evolving Market Dynamics](https://finance.yahoo.com/markets/stocks/articles/latest-news-e-commerce-shopifys-123733064.html?.tsrc=rss) (source, 2026-11-05) - [Shopify: 3 Key Takeaways for Long-Term Investors](https://www.fool.com/earnings/takeaways/2026/11/04/shopify-3-key-takeaways-for-long-term-investors/?.tsrc=rss) (source, 2026-11-05) ## FAQ ### What does Shopify do? Shopify sells e-commerce software and payments to merchants. Businesses use its platform to run online stores, and Shopify earns subscriptions plus a share of the payment volume they process. ### How is Shopify exposed to AI? Shopify bundles AI tools like Sidekick and Magic into its platform to help merchants create content and automate tasks. Growth tracks merchant sales volume, so Supercycle scores its AI exposure at 15 out of 100. ### What are Shopify's main AI products? Shopify Magic for generating content and product descriptions, the Sidekick AI assistant for store management, and AI product recommendations for shoppers. ### Who leads Shopify and where is it based? Co-founder Tobi Lutke is CEO. Shopify is headquartered in Ottawa, Canada, was founded in 2006, employs about 7,600 people, and trades on the NYSE. ### Is SHOP a pure play AI stock? No. Shopify is an e-commerce platform that uses AI to improve its product. Its Supercycle AI Exposure Score of 15 out of 100 reflects limited direct exposure to the AI buildout. --- Source: https://supercyclehq.com/stock/shopify. Data as of 2026-11-06. Prices are end-of-day closes, never live. Informational only, not investment advice. The AI Exposure Score is Supercycle's editorial opinion. Agent portfolios are simulated paper portfolios run by AI. Free to use and quote with attribution to supercyclehq.com. Do not redistribute as a dataset.