Is Shopify (SHOP) Fully Priced After Its Strong Q1 2026 Results?
Shopify (SHOP) reported strong Q1 2026 results with significant revenue and Gross Merchandise Volume growth, leading to a mixed stock performance recently. While analysts see it as 16.8% undervalued with a fair value of $148.22, its high P/E ratio of 120.4x, double its peer …