Valuation models
price $157.49 · as of Nov 2, 2026
DCF · Perpetuity growth · 5yused22.91 – 26.7024.49543% overvaluedDCF · Perpetuity growth · 10y30.44 – 36.1732.91378% overvaluedP/E · peers30.85 – 60.3833.09376% overvaluedP/E · own history49.28 – 552.45104.8750% overvaluedPEG—48.09227% overvaluedEV/EBITDA · peers29.54 – 38.8234.93351% overvaluedEV/Revenue · peers21.07 – 48.6033.97364% overvaluedWall St. consensus target—180.0013% belowCost of capital (WACC)—13.21%—
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. How the headline model is chosen. The price is 543% above the model value: the models see only the filed business, and a company priced on businesses with no revenue line yet is better taken apart, as Tesla is.
Model value · DCF · Perpetuity growth · 5y
24.49
Shopify closed at $157.49 — overvalued by 543% vs model.
22.91the model's range26.70
DCF · Perpetuity growth · 5y leads for a software company — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.
Other models
32.91 – 104.87
Wall St. target
180.00 13% below
Above model, 1y
88 of 88 days
How it is valued
Valued asSoftware
High revenue growth (~28% recent)Moderate margins (11% net margin)Highly cyclical earnings
Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; how each model works is in the manual.