Shopify stock was up 1.0% on the trading day referenced. However, recent news sources indicate the stock experienced a 7.1% decline on Monday, February 23, 2026, closing at $117.28, trading below its 50-day and 200-day moving averages on below-average volume. On February 11, 2026, Shopify reported Q4 revenue of $3.67 billion, exceeding consensus estimates of $3.59 billion. The company reported 31% year-over-year revenue growth and a 19% free cash flow margin. However, adjusted earnings per share of 48 cents missed estimates of 51 cents. The company announced a $2 billion stock buyback plan and provided upbeat quarterly forecasts. Shopify also announced a new $2 billion share buyback program. Orders from AI search queries rose 15-fold since January 2025. Despite strong results, shares fell 10% following the earnings announcement due to broader market weakness in software stocks and concerns about free cash flow margin forecasts.
Read full analysisShopify stock was up 1.0% on the trading day referenced. However, recent news sources indicate the stock experienced a 7.1% decline on Monday, February 23, 2026, closing at $117.28, trading below its 50-day and 200-day moving averages on below-average volume. On February 11, 2026, Shopify reported Q4 revenue of $3.67 billion, exceeding consensus estimates of $3.59 billion. The company reported 31% year-over-year revenue growth and a 19% free cash flow margin. However, adjusted earnings per share of 48 cents missed estimates of 51 cents. The company announced a $2 billion stock buyback plan and provided upbeat quarterly forecasts. Shopify also announced a new $2 billion share buyback program. Orders from AI search queries rose 15-fold since January 2025. Despite strong results, shares fell 10% following the earnings announcement due to broader market weakness in software stocks and concerns about free cash flow margin forecasts.
Shopify is a Canadian e-commerce platform providing software, payment tools, and logistics services for millions of merchants, generating $3.67 billion in Q4 revenue with 31% year-over-year growth. The company has been aggressively expanding AI-powered commerce tools — including partnerships with OpenAI — and recently authorized a $2 billion share buyback. Its stock has been exceptionally volatile since a February 11 earnings report that beat on revenue but missed on EPS, swinging more than 5% in seven of the past twelve sessions as analyst upgrades and macro catalysts compete with valuation concerns.