Shopify Inc SHOP.OQ, SHOP.O is expected to show a rise in quarterly revenue when it reports results on November 4 for the period ending September 30 2025
The Ottawa Ontario-based company is expected to report a 27.5% increase in revenue to $2.756 billion from $2.16 billion a year ago, according to the mean estimate from 37 analysts, based on LSEG data.The company's guidance on August 6 2025, for the period ended September 30, was for revenue between $2.70 billion and $2.77 billion.
LSEG's mean analyst estimate for Shopify Inc is for earnings of 34 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 33 "strong buy" or "buy," 15 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months. 
Wall Street's median 12-month price target for Shopify Inc is $165.00, about 5.2% below its last closing price of $173.61
Previous quarterly performance (using preferred earnings measure in US dollars). 
QUARTER ENDING  | STARMINESMARTESTIMATE®  | LSEG IBES ESTIMATE  | ACTUAL  | BEAT, MET, MISSED  | SURPRISE %  | 
Jun. 30 2025  | 0.29  | 0.29  | 0.35  | Beat  | 21.3  | 
Mar. 31 2025  | 0.25  | 0.26  | 0.25  | Missed  | -3.8  | 
Dec. 31 2024  | 0.45  | 0.43  | 0.39  | Missed  | -9.5  | 
Sep. 30 2024  | 0.29  | 0.27  | 0.35  | Beat  | 28.9  | 
Jun. 30 2024  | 0.21  | 0.20  | 0.26  | Beat  | 28.5  | 
Mar. 31 2024  | 0.18  | 0.17  | 0.20  | Beat  | 17.5  | 
Dec. 31 2023  | 0.31  | 0.31  | 0.34  | Beat  | 9.1  | 
Sep. 30 2023  | 0.15  | 0.14  | 0.24  | Beat  | 73.9  | 
This summary was machine generated October 31 at 13:40 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)