Should I buy Shopify stock in 2025?

P. Laurore
P. Laurore Last updated: 3 May 2025

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Shopify
4.5
hellosafe-logoScore

Is Shopify stock a buy right now?

Shopify (SHOP), a global leader in commerce technology, currently trades at approximately $99.25 on the NASDAQ, with an average daily volume of around 11.3 million shares. Despite periods of volatility, recent trading has shown positive momentum—highlighted by the stock’s position above its 20- and 200-day moving averages. The company’s fourth-quarter results revealed robust revenue and gross merchandise volume growth, each exceeding 30% year-over-year, reflecting a highly resilient business model. Notably, Shopify has successfully navigated its transition from the NYSE to the Nasdaq this year, and continues to advance AI-driven efficiencies, strengthening its appeal to merchants of all sizes. International expansion and higher offline sales are now key strategic drivers, with overseas revenues up 33%. While some analysts highlight the currently rich valuation, wider market sentiment remains constructive, buoyed by recurring innovation and a consistent record of outpacing consensus expectations. Within the technology sector’s dynamic landscape, Shopify’s growth trajectory and platform integration stand out, supported by an ecosystem spanning over 175 countries. The consensus target price from more than 29 national and international banks points to $129.00, indicating that Shopify may be well positioned for investors seeking exposure to transformative trends in digital commerce.

  • Consistent 25%+ annual revenue growth for seven consecutive quarters.
  • Global expansion: powering merchants in over 175 countries.
  • Leading AI integration boosting merchant productivity and innovation.
  • Strong omnichannel strategy with 33% growth in offline sales.
  • Robust ecosystem with 875+ million unique online shoppers in 2024.
  • Valuation remains elevated with a high price-to-earnings ratio.
  • Competition intensifies as established and emerging platforms evolve rapidly.
Table of Contents
  • What is Shopify?
  • How much is Shopify stock?
  • Our full analysis on Shopify </b>stock
  • Recent Performance and Market Context
  • Technical Analysis
  • Fundamental Analysis
  • Volume and Liquidity
  • Catalysts and Positive Outlook
  • Investment Strategies
  • Is It the Right Time to Buy Shopify?
  • How to buy Shopify stock in Australia?
  • Buying Shopify Stock Online: Secure, Simple and Flexible Methods
  • Our 7 tips for buying Shopify stock
  • The latest news about Shopify
  • FAQ
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Why trust HelloSafe?

At HelloSafe, our expert has been tracking the performance of Shopify for over three years. Every month, hundreds of thousands of Australians rely on us to break down market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and will never be, paid by Shopify.

What is Shopify?

IndicatorValueAnalysis
🏳️ NationalityCanadaHeadquarters in Ottawa; strong global presence powering e-commerce worldwide.
💼 MarketNASDAQListed on NASDAQ; easily accessible for Australian investors via major brokerages.
🏛️ ISIN codeCA82509L1076Unique identifier for Shopify shares on global exchanges; important for trading.
👤 CEOTobias (Tobi) LütkeFounder-led company; Lütke is known for vision and product-driven innovation.
🏢 Market capUSD 128.1 billionLarge-cap status reflects strong investor confidence and industry leadership.
📈 RevenueUSD 2.73 billion (Q4 2024)Strong annual growth of over 30% highlights effective scaling of global business model.
💹 EBITDAApprox. USD 1.07 billion (Q4)Record-high operating income; signals improving profitability after years of investment.
📊 P/E Ratio64.03High valuation multiple; growth optimism but risk if profit growth slows.
Key indicators and financial analysis for Shopify.
🏳️ Nationality
Value
Canada
Analysis
Headquarters in Ottawa; strong global presence powering e-commerce worldwide.
💼 Market
Value
NASDAQ
Analysis
Listed on NASDAQ; easily accessible for Australian investors via major brokerages.
🏛️ ISIN code
Value
CA82509L1076
Analysis
Unique identifier for Shopify shares on global exchanges; important for trading.
👤 CEO
Value
Tobias (Tobi) Lütke
Analysis
Founder-led company; Lütke is known for vision and product-driven innovation.
🏢 Market cap
Value
USD 128.1 billion
Analysis
Large-cap status reflects strong investor confidence and industry leadership.
📈 Revenue
Value
USD 2.73 billion (Q4 2024)
Analysis
Strong annual growth of over 30% highlights effective scaling of global business model.
💹 EBITDA
Value
Approx. USD 1.07 billion (Q4)
Analysis
Record-high operating income; signals improving profitability after years of investment.
📊 P/E Ratio
Value
64.03
Analysis
High valuation multiple; growth optimism but risk if profit growth slows.
Key indicators and financial analysis for Shopify.

How much is Shopify stock?

The price of Shopify stock is rising this week. As of now, Shopify shares are trading at $99.25 USD, reflecting a 24-hour gain of +2.31% and a weekly increase of +2.19%.

MetricValue
Market capitalization$128.10 billion
Average 3-month trading volume11.33 million shares
P/E ratio64.03
Dividend yieldNone
Beta2.83
Key financial metrics for Shopify stock.
Market capitalization
Value
$128.10 billion
Average 3-month trading volume
Value
11.33 million shares
P/E ratio
Value
64.03
Dividend yield
Value
None
Beta
Value
2.83
Key financial metrics for Shopify stock.

With a stock beta of 2.83, investors should note that Shopify exhibits significant volatility compared to the market—making it important to carefully weigh growth potential against price swings.

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Our full analysis on Shopify stock

Over the past three years, Shopify has solidified its standing as a leading global commerce technology platform, with our analysis encompassing its robust financial results, dynamic share price performance, and evolving competitive landscape. Through the integration of financial indicators, advanced technical signals, market sentiment, and peer benchmarking—quantified by our proprietary algorithms—we present an informed perspective on the stock’s current trajectory. So, why might Shopify stock once again become a strategic entry point into the technology sector as 2025 unfolds?

Recent Performance and Market Context

Share Price Momentum

Shopify’s performance in 2024 and early 2025 has been distinctly positive, underscoring renewed investor confidence. As of early May 2025, the stock trades at USD $99.25, reflecting notable gains of +25.65% over the past six months and +37.85% over twelve months. After a period of consolidation, the stock has managed a strong rebound from its 52-week low of $48.56, consistently outpacing broader technology indices. The intraday advance of +2.31% and a sustained uptrend since Q4 2024 reinforce Shopify’s resurgent momentum.

Positive Underlying Catalysts

Recent developments have rekindled optimism: the high-visibility transfer of Shopify’s listing to the Nasdaq in March 2025, ongoing outperformance in international and offline revenue streams, and a pronounced focus on artificial intelligence integration all position Shopify at the technological vanguard of e-commerce. Furthermore, global demand for digitised retail solutions and heightened omnichannel adoption amid evolving consumer behaviours underpin a robust sectoral backdrop—one in which Shopify can flourish.

Favourable Macroeconomic Setting

The sector benefits from structurally increasing digital consumption, with e-commerce penetration rising both in developed and emerging markets. The sustained recovery in global consumer confidence, alongside accommodative monetary policy in key regions, provides a tailwind for retail technology enablers like Shopify. This positive macro context further enhances Shopify’s prospects as a growth leader.

Technical Analysis

Key Indicators

  • Moving Averages: The current price sits decisively above the 20-day ($88.31), 50-day ($96.52), and 200-day ($92.51) moving averages. This implies ongoing upward momentum. Only the 100-day average ($104.91) remains above the market, serving as a possible short-term resistance level.
  • RSI (14-day): At 57.25, Shopify’s Relative Strength Index hints at healthy momentum, neither overbought nor oversold, indicating room for further upside.
  • MACD: A positive MACD of 6.12 underlines bullish momentum, confirming the validity of the upward price trend.
  • Stochastic Oscillators: With %K and %D both in the mid-80s, short-term overbought conditions are apparent, yet such readings often accompany periods of sustained upward movement for strong growth names.

Support and Resistance

Shopify is currently above major support levels—$95.36, $92.51 (200-day MA), and $88.31 (20-day MA)—providing a constructive technical base. Resistance sits at $100.49 and $104.91, with a potential breakout opening a path toward the 52-week high of $129.38. The stock’s healthy price structure, combined with robust volume, suggests that temporary pullbacks may be opportunities for positioning.

Bullish Momentum

Short- and medium-term momentum distinctly favour the bulls. Key technical structure supports the view that Shopify could be transitioning into a fresh phase of appreciation, especially with confirmation from multiple major indicators.

Fundamental Analysis

Strong Revenue Growth

Shopify’s Q4 2024 results solidified its reputation for high-calibre growth, with revenue up 31% year-on-year to $2.73 billion—the seventh consecutive quarter of 25%+ growth (post-logistics divestment). Gross merchandise volume soared by 24%, and free cash flow margins now stand at an impressive 22%, evidencing a transition towards higher-quality earnings.

Profitability and Valuation

Operating income reached an all-time high of $1.07 billion, driven by effective cost discipline (operating expenses at just 41-42% of sales) and sustained gross profit expansion (+27% YOY). While valuation multiples—P/E of 64.03, P/S of 14.55—appear elevated in absolute terms, they are justified by Shopify’s sector-leading growth, expanding cash generation, and recurring revenue profile. With a three-year revenue CAGR nearing 26%, Shopify commands a premium within tech-enabled commerce, but its operational leverage and scalability may justify further multiple expansion.

Structural Strengths

  • Rapid innovation cycles, especially in AI and omnichannel solutions.
  • A merchant base extending to over 175 countries and an ever-expanding ecosystem (200+ million Shop Pay users).
  • Robust global brand, now supporting powerhouses from JB Hi-Fi to Supreme.
  • Enhanced platform stickiness via integrated, data-driven seller tools and superior payment technology.

Shopify’s positioning as the operating system of commerce presents a long runway for organic and acquisitive growth.

Volume and Liquidity

Market Confidence Reflected in Volume

Shopify’s average daily volume remains substantial—at 11.33 million shares (three-month average)—indicating high investor engagement and liquidity. The robust trading activity, coupled with rising institutional interest, reflects the market’s continuing confidence in the company’s strategy and prospects.

Share Float Dynamics

With a sizeable and actively traded float, SHOP is well-suited for both short-term traders and long-term investors seeking exposure to dynamic valuations. This liquidity undergirds the potential for both rapid price moves and resilient recoveries after broader market pullbacks.

Catalysts and Positive Outlook

Growth Catalysts

  • Artificial Intelligence Integration: Shopify’s AI-first approach is redefining merchant productivity and customer experience, with products like Shopify Magic and Sidekick earning wide merchant adoption. CEO Lütke’s mandate to harness AI at every level signifies a transformative operational shift.
  • International Expansion: 33% international sales growth in 2024 spotlights Shopify’s ability to penetrate new markets and diversify revenue streams.
  • Offline Commerce Momentum: Shopify’s ambitious build-out of offline retail capabilities yielded 33% YOY growth, affirming the attractiveness of its omnichannel solutions.
  • Ecosystem Development: Continued innovation in payments, logistics, and platform app integrations ensures recurring merchant engagement and loyalty.
  • Brand Partnerships: The addition of marquee brands strengthens Shopify’s credibility and provides a multiplier effect on platform adoption across verticals.

Broader Tailwinds

The accelerating global digitisation of commerce, a more benign regulatory backdrop, and the ongoing adoption of value-added merchant tools position Shopify to benefit disproportionately from industry upswings. Sector analysts anticipate ongoing market share gains, with Shopify now commanding 12% of the lucrative U.S. e-commerce segment and closing in on further global expansion.

Consensus and Forward Guidance

Notably, analyst consensus sees upside to $119.34 per share—implying nearly 20% upside from current prices. Forecasts for continued revenue growth in the “mid-twenties” percentage range (Q1 2025 guidance) and persistent improvement in free cash flow margins (anticipated “mid-teens”) present an optimistic operational trajectory.

Investment Strategies

Short-Term

  • Active traders may find opportunity in trading near current technical support levels ($95-96), with defined stops and the prospect of upside breakouts through $100.50 and $104.91 resistance.
  • Momentum indicators suggest that while short-term overbought readings persist, positive macro news or new product announcements could trigger follow-on rallies.

Medium-Term

  • Medium-term investors might consider using temporary pullbacks—especially toward 20- or 50-day moving averages—as constructive entry points.
  • Awaiting technical confirmation above the 100-day MA ($104.91) could lend conviction to swing entries targeting the 52-week high.

Long-Term

  • Long-term holders can be encouraged by Shopify’s compelling long-range fundamentals: durable double-digit revenue growth, improving profitability, powerful innovation cycles in AI, and global platform expansion. Dips toward support may represent accumulation opportunities for those seeking to participate in the secular digital commerce megatrend.
  • Entering ahead of major catalysts—new AI product rollouts, significant partnerships, or earnings announcements—may enhance risk-adjusted returns.

The convergence of technical strength, volume, and operational momentum provides an ideal backdrop for both immediate and patient investors.

Is It the Right Time to Buy Shopify?

In summary, Shopify’s multiple competitive advantages—high-velocity revenue expansion, relentless innovation, successful omnichannel integration, and strong execution by an experienced leadership team—position it at the forefront of digital commerce transformation. While valuation is admittedly rich, the ongoing evolution towards AI-driven operations, consistent profitability improvements, and deepening global reach offer robust underpinnings for future appreciation.

Given the recent momentum across both technical and fundamental axes, coupled with credible guidance from management and surging market interest, Shopify seems to represent an excellent opportunity for investors seeking exposure to best-in-class technology growth. The stock’s technical posture, strong liquidity, and visible growth catalysts suggest that renewed interest is justified and that Shopify may be entering a new bullish phase. For Australian investors looking at global tech innovators with proven resilience and upside potential, Shopify stands out as a strategic contender for medium- and long-term positioning, provided discipline around valuation and risk management.

With these converging strengths—profitability, innovation, and market leadership—Shopify presents a uniquely attractive entry point as the digital commerce theme accelerates into 2025.

How to buy Shopify stock in Australia?

Buying Shopify Stock Online: Secure, Simple and Flexible Methods

Buying Shopify shares online through a regulated Australian broker is now a straightforward and secure process. Investors have two main options: buying the stock directly for ownership ("spot purchase"), or trading Shopify through CFDs (Contracts for Difference), which allow speculation on price movement without owning the shares. Both approaches take just minutes to set up online and offer robust protections under Australian financial regulations. Further down this page, you’ll find a comprehensive broker comparison to help you choose the best platform for your needs.

Spot Buying

A cash (spot) purchase means buying actual Shopify shares on the exchange, making you a direct shareholder. This approach is ideal for those who wish to own a piece of the company and benefit from potential long-term growth. In Australia, most brokers charge a fixed commission per order—typically between A$5 and A$15—regardless of the number of shares bought.

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Example

If the current Shopify share price is US$99.25 (approx. A$150), A$1,000 will let you buy roughly 6 shares after accounting for a standard A$5 brokerage fee.

Gain scenario: If the share price rises by 10%, your position increases in value to roughly A$1,100.
Result: That’s a +A$100 gross gain, equal to +10% on your investment (before any tax or FX fees).

Trading via CFD

CFD (Contract for Difference) trading lets you profit from Shopify’s price movements—up or down—without owning the stock. CFDs are popular for short-term strategies, and because they support leverage, you can amplify your exposure. Costs for CFDs include the spread (the difference between buy and sell prices) and overnight financing fees if you hold positions overnight.

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Example

With a A$1,000 stake and 5× leverage, your market exposure on Shopify CFDs becomes A$5,000.

Gain scenario: If Shopify’s stock increases by 8%, your position gains 8% × 5 = 40%.
Result: That’s a gain of A$400 on your A$1,000 position (excluding spread and overnight fees).

Final Advice

Before you invest, it’s essential to compare brokerage fees, platform features, and conditions—especially differences between spot share purchases and CFD trading. Your choice should reflect your investment objectives: long-term holders may favour direct share ownership, while active traders might prefer the flexibility of CFDs. For details on Australia’s best brokers for Shopify, see our detailed comparison further down this page. Remember, investing success starts with choosing the right platform for your needs.

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#1
CFD Specialist
#1Recommended Offer
Notes
4.9
5 things to know about Avatrade

Is AvaTrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.

Why choose AvaTrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at AvaTrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.

Who is AvaTrade for?

AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.

Is AvaTrade reliable?

AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.

Why choose AvaTrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.

What are the fees at AvaTrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.

Who is AvaTrade for?

AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.

#2
CFD and Indices Expert
#2
Notes
4.8
74% of CFD accounts lose money. Risk limited to your capital.
5 things to know about IG

Is IG reliable?

IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.

Why choose IG?

IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.

What are the fees at IG?

IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.

Who is IG for?

IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.

Is IG reliable?

IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.

Why choose IG?

IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.

What are the fees at IG?

IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.

Who is IG for?

IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.

#3
30+ million users
#3
Notes
4.6
On the broker's website
5 Things to Know About eToro

Is eToro reliable?

Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.

Why choose eToro?

With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.

What are the fees at eToro?

eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).

Who is eToro for?

eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).

Is eToro reliable?

Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.

Why choose eToro?

With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.

What are the fees at eToro?

eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).

Who is eToro for?

eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).

Our 7 tips for buying Shopify stock

📊 Step📝 Specific tip for Shopify
Analyse the marketReview Shopify’s strong revenue growth, international expansion, and AI strategy to gauge if the company’s fundamentals align with your investment outlook in the ASX market context.
Choose the right trading platformSelect a reputable Australian broker that offers Nasdaq access, competitive FX rates, and transparent fees for buying Shopify shares directly in USD.
Define your investment budgetDetermine how much you can invest in Shopify, keeping in mind its volatility and high valuation, and ensure you diversify your portfolio to manage risk effectively.
Choose a strategy (short or long term)Decide based on your goals: Shopify suits long-term investors seeking exposure to tech growth, but short-term traders can monitor technical patterns and news for trading opportunities.
Monitor news and financial resultsStay updated with Shopify’s quarterly results, AI initiative announcements, and major company developments, as these often influence share price and market sentiment.
Use risk management toolsUtilise stop-loss orders and portfolio allocation limits to manage downside risk, especially given Shopify’s price swings and sensitivity to tech sector trends.
Sell at the right timePlan your exit logically: consider selling if Shopify reaches strong resistance levels, misses key financial targets, or your investment goals are achieved in the Australian context.
Step-by-step tips for buying Shopify stock from Australia
Analyse the market
📝 Specific tip for Shopify
Review Shopify’s strong revenue growth, international expansion, and AI strategy to gauge if the company’s fundamentals align with your investment outlook in the ASX market context.
Choose the right trading platform
📝 Specific tip for Shopify
Select a reputable Australian broker that offers Nasdaq access, competitive FX rates, and transparent fees for buying Shopify shares directly in USD.
Define your investment budget
📝 Specific tip for Shopify
Determine how much you can invest in Shopify, keeping in mind its volatility and high valuation, and ensure you diversify your portfolio to manage risk effectively.
Choose a strategy (short or long term)
📝 Specific tip for Shopify
Decide based on your goals: Shopify suits long-term investors seeking exposure to tech growth, but short-term traders can monitor technical patterns and news for trading opportunities.
Monitor news and financial results
📝 Specific tip for Shopify
Stay updated with Shopify’s quarterly results, AI initiative announcements, and major company developments, as these often influence share price and market sentiment.
Use risk management tools
📝 Specific tip for Shopify
Utilise stop-loss orders and portfolio allocation limits to manage downside risk, especially given Shopify’s price swings and sensitivity to tech sector trends.
Sell at the right time
📝 Specific tip for Shopify
Plan your exit logically: consider selling if Shopify reaches strong resistance levels, misses key financial targets, or your investment goals are achieved in the Australian context.
Step-by-step tips for buying Shopify stock from Australia

The latest news about Shopify

Shopify’s Q4 2024 results posted record revenue and accelerated international and offline retail growth. The company exceeded analyst expectations by delivering $2.73 billion in revenue—up 31% year-over-year—boosted by a 33% rise in international sales and similarly strong performance in offline retail, both of which are directly relevant to Australian merchants. The APAC region, including Australia, continues to be a major growth area for Shopify, supporting local businesses attempting to scale globally and offering new omnichannel capabilities that cater to hybrid online-offline shopping trends gaining traction among Australian consumers.

Shopify’s AI-driven operational focus is expected to enhance efficiency and merchant support globally, including in Australia. Recent executive communication from CEO Tobi Lütke prioritised a company-wide adoption of artificial intelligence for internal processes and customer-facing tools. This strategy is being implemented in Australia, where Shopify merchants are adopting AI-powered features like Shopify Magic and Sidekick, allowing smaller Australian businesses to automate tasks, optimise campaigns, and improve customer engagement with minimal incremental headcount, ultimately boosting competitiveness and platform stickiness in the region.

Shopify remains a key technology partner for leading Australian retailers such as JB Hi-Fi, underpinning local commerce transformation. The Shopify platform powers the digital channels of high-profile Australian brands, enabling them to drive sales through integrated online and in-store experiences. This is particularly relevant as the Australian retail sector invests in omni-channel infrastructure to respond to changing consumer behaviour, enhancing Shopify’s value proposition and local relevance. Recent reports confirm a rising number of enterprise-scale Australian businesses are migrating to Shopify from legacy providers.

The current market sentiment is cautiously optimistic, supported by technical strength and consensus analyst forecasts for further upside. Shopify’s share price has climbed over 2% in the past week and sits above key moving averages, with a bullish MACD and positive momentum signals, although technical indicators point to a short-term overbought condition. Analysts maintain a consensus target price nearly 20% above current levels, underpinned by consistent growth and innovation, which has been well received by Australian institutional investors seeking broad tech exposure outside the domestic ASX.

Shopify’s global infrastructure and regulatory compliance reinforce its position as a trusted platform for Australian sellers navigating cross-border e-commerce. With data centres and operational support distributed worldwide, including dedicated resources for Asia-Pacific customers, Shopify ensures seamless service for Australian merchants. Its adherence to international and local regulatory standards, such as Australian Privacy Principles (APPs) and GST requirements, removes friction for businesses expanding beyond Australia’s borders and creates strategic advantages, which has been repeatedly highlighted in recent local industry commentary.

FAQ

What is the latest dividend for Shopify stock?

Shopify does not currently pay a dividend to its shareholders. The company has maintained a clear policy of reinvesting profits to fuel its global expansion, innovation in e-commerce technology, and further AI development. This approach aligns with other leading growth-focused tech firms, emphasizing capital appreciation over income distribution for investors.

What is the forecast for Shopify stock in 2025, 2026, and 2027?

Based on current market data, the projected price for Shopify stock by the end of 2025 is $129.03, by the end of 2026 is $148.88, and by the end of 2027 is $198.50. These projections reflect Shopify’s solid earnings growth, growing international presence, and successful expansion into offline retail, underpinned by sustained investor optimism in the global e-commerce and technology sector.

Should I sell my Shopify shares?

Holding onto Shopify shares may be a reasonable approach given the company’s continued strong performance, robust growth prospects, and leadership in the commerce technology sector. Shopify’s historical record of innovation, expanding market share, and focus on profitability make it appealing for long-term investors. With the business scaling globally and capitalizing on AI trends, the fundamentals remain supportive for a hold strategy.

How are capital gains and dividends from Shopify stock taxed for Australian investors?

For Australian residents, capital gains from selling Shopify shares are generally subject to capital gains tax and must be reported in your annual tax return. As Shopify is a foreign company that does not currently pay dividends, there is no foreign dividend withholding tax applicable. If you hold the shares for at least 12 months, a 50% capital gains tax discount may apply for individuals, which can help reduce your tax liability on any realized profit.

What is the latest dividend for Shopify stock?

Shopify does not currently pay a dividend to its shareholders. The company has maintained a clear policy of reinvesting profits to fuel its global expansion, innovation in e-commerce technology, and further AI development. This approach aligns with other leading growth-focused tech firms, emphasizing capital appreciation over income distribution for investors.

What is the forecast for Shopify stock in 2025, 2026, and 2027?

Based on current market data, the projected price for Shopify stock by the end of 2025 is $129.03, by the end of 2026 is $148.88, and by the end of 2027 is $198.50. These projections reflect Shopify’s solid earnings growth, growing international presence, and successful expansion into offline retail, underpinned by sustained investor optimism in the global e-commerce and technology sector.

Should I sell my Shopify shares?

Holding onto Shopify shares may be a reasonable approach given the company’s continued strong performance, robust growth prospects, and leadership in the commerce technology sector. Shopify’s historical record of innovation, expanding market share, and focus on profitability make it appealing for long-term investors. With the business scaling globally and capitalizing on AI trends, the fundamentals remain supportive for a hold strategy.

How are capital gains and dividends from Shopify stock taxed for Australian investors?

For Australian residents, capital gains from selling Shopify shares are generally subject to capital gains tax and must be reported in your annual tax return. As Shopify is a foreign company that does not currently pay dividends, there is no foreign dividend withholding tax applicable. If you hold the shares for at least 12 months, a 50% capital gains tax discount may apply for individuals, which can help reduce your tax liability on any realized profit.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

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