TradingKey – Shopify (SHOP) reports third-quarter results before the US open on Tuesday, November 3. The stock slipped 0.75% to C$233.70 on Thursday, October 29, after pulling back from its October high of C$256.08, but the uptrend that began in September is still intact.
Shopify has become one of the clearest bets on AI shopping, with Shop Pay now handling checkout inside AI assistants such as Meta’s Muse. That story has lifted the stock to about 87 times 2026 earnings, so Tuesday’s report needs more than a beat.
What Wall Street Expects
Shopify reports in US dollars. Analysts expect revenue of about $3.74 billion, up about 31%, and adjusted EPS of about $0.45, up from about $0.34, according to Zacks. Gross merchandise volume, or GMV, the…
