Shopify heads into its next earnings report on November 3, 2026 with a positive Earnings ESP of +10.11% and a Zacks Rank #2 (Buy), a combination that has historically preceded an earnings beat. The cloud-based commerce company has topped estimates in each of its last two reports, posting earnings of $0.42 per share against a Zacks Consensus Estimate of $0.39 for a surprise of 7.69%, after delivering $0.36 per share versus an expected $0.32 for a surprise of 12.50%. That gives Shopify an average surprise of 10.10% over the past two quarters. Estimates have been trending higher, and Zacks research shows stocks combining a positive Earnings ESP with a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. Shopify belongs to the Zacks Internet - Services industry.
Shopify IncPositive Earnings ESP of +10.11% and Zacks Rank #2 (Buy) ahead of the Nov 3 report, with estimates trending higher and past beats, signal a likely earnings beat.
