AI EQUITY RESEARCH July 22, 2026 Shopify Inc. SHOP Technology Rating Sell Price $123.03 Target $37.93 Pitroski Score 7 Market Cap $209.89B P/E (Fwd) 170.5x P/B Ratio 15.58x ROE 9.8% Div. Yield N/A 52W Range $95.40 - $179.01 Investment