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Shopify (SHOP, Internet Services & Infrastructure) Stock Valuation & Fair Value Significantly overvalued

Shopify (SHOP, Internet Services & Infrastructure) trades at a blended P/E of 86.3, about 77% below its historical normal valuation, with a forward growth estimate of 30.1% and a PEG of 2.87.

DATA AS OF 2026-08-28
Blended P/E
86.3
Normal P/E
369.2
PEG
2.87
Fwd growth
30.1%
Div yield
0.0%
RSI (14)
61.0
Neutral

The Street vs SeerForecast

Wall Street's mean price target for SHOP is $171.15 across 47 analysts, 11.9% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-06-14.

Price and rating by weekClose moved +37.9 percent from 2026-06-14 to 2026-08-24, with 0 rating changes over 21 recorded weeks.2026-06-14: Significantly overvalued, close 108.24 (recalculated)2026-06-16: Significantly overvalued, close 113.23 (recalculated)2026-06-21: Significantly overvalued, close 108.85 (recalculated)2026-07-02: Significantly overvalued, close 119.46 (recalculated)2026-07-06: Significantly overvalued, close 120.14 (recalculated)2026-07-09: Significantly overvalued, close 123.17 (recalculated)2026-07-12: Significantly overvalued, close 122.54 (recalculated)2026-07-13: Significantly overvalued, close 124.74 (recalculated)2026-07-14: Significantly overvalued, close 125.68 (recalculated)2026-07-20: Significantly overvalued, close 124.48 (recalculated)2026-07-22: Significantly overvalued, close 118.42 (recalculated)2026-07-25: Significantly overvalued, close 113.75 (recalculated)2026-07-27: Significantly overvalued, close 126.88 (recalculated)2026-07-31: Significantly overvalued, close 117.15 (recalculated)2026-08-03: Significantly overvalued, close 117.152026-08-07: Significantly overvalued, close 151.57 (recalculated)2026-08-10: Significantly overvalued, close 151.572026-08-14: Significantly overvalued, close 154.32 (recalculated)2026-08-17: Significantly overvalued, close 154.322026-08-21: Significantly overvalued, close 149.25 (recalculated)2026-08-24: Significantly overvalued, close 149.251081492026-06-142026-08-24
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-14P/E 78.6-79%Significantly overvalued
2026-06-16P/E 78.6-79%Significantly overvalued
2026-06-21P/E 78.6-79%Significantly overvalued
2026-07-02P/E 78.6-79%Significantly overvalued
2026-07-06P/E 78.6-79%Significantly overvalued
2026-07-09P/E 78.6-79%Significantly overvalued
2026-07-12P/E 78.6-79%Significantly overvalued
2026-07-13P/E 78.6-79%Significantly overvalued
2026-07-14P/E 78.6-79%Significantly overvalued
2026-07-20P/E 78.6-79%Significantly overvalued
2026-07-22P/E 75.5-79%Significantly overvalued
2026-07-25P/E 75.5-79%Significantly overvalued
2026-07-27P/E 75.5-79%Significantly overvalued
2026-07-31P/E 75.5-79%Significantly overvalued
2026-08-03P/E 71.0-81%Significantly overvalued
2026-08-07P/E 71.0-81%Significantly overvalued
2026-08-10P/E 89.5-76%Significantly overvalued
2026-08-14P/E 89.5-76%Significantly overvalued
2026-08-17P/E 90.6-75%Significantly overvalued
2026-08-21P/E 90.6-75%Significantly overvalued
2026-08-24P/E 86.3-77%Significantly overvalued
2026-08-27P/E 86.3-77%Significantly overvalued
2026-08-28P/E 86.3-77%Significantly overvalued ← now

Frequently asked questions

Is Shopify stock overvalued?

At a blended P/E of 86.3 versus its historical normal P/E of 369.2, Shopify trades about 77% below its typical valuation, with a PEG of 2.87 on 30.1% forward growth. tickerseer currently rates it significantly overvalued.

What is Shopify's fair value and PEG?

Shopify trades at a blended P/E of 86.3 against a historical normal P/E of 369.2, a PEG of 2.87, and a forward growth estimate of 30.1%.

Has tickerseer's rating of Shopify changed?

tickerseer's rating has been significantly overvalued since 2026-06-14.

What is the analyst price target for Shopify?

The mean Wall Street price target for Shopify is $171.15 across 47 analysts, 11.9% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Internet Services & Infrastructure. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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