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SHOPSHOPIFY INC.
SaaS / Tech10-K · Filed 2026-02-11
Clarity Fair Value
$1091.80
SIGNIFICANTLY UNDERVALUED (+738.6%)
Market Price
$130.20
738.6% Upside
$117$1.1K$2.1K$3.2K$4.2K202620282030203220342036Market $130
Fair Value PathMarket Price

Model BlendMODERATE agreement · 34% spread

DCF$1431.70 · 37%
Comps$934.70 · 24%
Residual Income$331.48 · 20%
EV/Rev$1411.38 · 20%
Beta
Shares
39M
1Y Target
$1319.91
EPV Floor
$39.59

SHOP Valuation Summary

Based on Clarity's multi-model valuation engine, SHOPIFY INC. (SHOP) has an estimated fair value of $1091.80 per share, compared to its current market price of $130.20. The stock is currently trading 738.6% below Clarity's fair value estimate, resulting in a verdict of SIGNIFICANTLY UNDERVALUED.

This valuation blends 4 independent models — including Discounted Cash Flow (DCF), Comparable Companies, Residual Income, and 1 more. The primary weight is given to the Discounted Cash Flow (DCF) model, with Bayesian triangulation used to reconcile the estimates into a single blended fair value. The 4 models show moderate agreement with a 34% spread between the highest and lowest estimates.

Monte Carlo simulation across 5,000 scenarios estimates a 100% probability that the stock is trading below its intrinsic value, with a median simulated value of $946.67.

Clarity's 1-year price target is $1319.91, reflecting expected earnings growth and margin trajectory.

SHOPIFY INC. is classified under the SaaS / Tech sector, and this valuation is based on 10-K · Filed 2026-02-11 filings sourced directly from SEC EDGAR. All models use trailing twelve month (TTM) financials where available, with sector-appropriate growth and discount rate assumptions.

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Updated Mar 8, 2026, 6:13 AM UTC · Powered by Clarity Valuation Engine · Methodology

SHOPIFY INC. (SHOP) Valuation Summary

Clarity's 6-model valuation engine estimates SHOPIFY INC. (SHOP) at $1091.80 per share, compared to the current market price of $130.20. This represents a 738.6% upside from the current price. The verdict is SIGNIFICANTLY UNDERVALUED.

This valuation was generated from SHOPIFY INC.'s 10-K · Filed 2026-02-11 filing, classified in the SaaS / Tech sector with high confidence. Model agreement is MODERATE with a 34% spread across models.

Models used: DCF (scenario-weighted), Residual Income, Comparable Companies, EV/Revenue, ROIC Fade, and Dividend Discount Model. All data sourced from SEC EDGAR and validated against XBRL structured filings.