Shopify Inc (SHOP) — Quality & forensics
As of 2026-10-09 — refreshed nightly. Closelooknet readings from an investment research diary, not ratings or advice.
The Closelooknet module scores
- Valuation 15
- Quality 55
- Growth 75
- Balance sheet 93
- Cash quality 62
- Capital allocation 24
- Momentum 86
Scores are computed nightly across the coverage universe and read relative to it — the methodology lives in the company-scoring explainer.
Financial forensics — the academic screens
Sits in the safe zone (above 2.99). The Z-Score estimates financial-distress risk from five balance-sheet and earnings ratios.
Nine binary fundamental-strength checks across profitability, leverage and operating efficiency.
Screens reported earnings for statistical manipulation patterns — below the −1.78 manipulation-risk threshold. A screen, not an accusation.
Continue: the SHOP chart & overview · the earnings record
FAQ · from the current data · as of 2026-10-09
Quick answers
What is Shopify Inc's Closelooknet quality reading?
The composite reads 57/100 across 7 modules, as of 2026-10-09: valuation 15, quality 55, growth 75, balance sheet 93, cash quality 62, capital allocation 24, momentum 86. Closelooknet scores are research diary readings, not ratings or investment advice.
What is Shopify Inc's Altman Z-Score?
77.22, which sits in the safe zone (above 2.99) as of 2026-10-09. The Altman Z-Score estimates financial distress risk from five balance-sheet and earnings ratios.
What is Shopify Inc's Piotroski F-Score?
6 of 8, as of 2026-10-09. The F-Score counts nine binary fundamental-strength signals across profitability, leverage and operating efficiency.
What does Shopify Inc's Beneish M-Score indicate?
-2.32 — below the −1.78 manipulation-risk threshold, as of 2026-10-09. The M-Score screens reported earnings for statistical manipulation patterns; it is a screen, not an accusation.
Mentioned on Closelooknet
Where SHOP appears in the diary — 9 pieces, newest first. Every link is our own writing.
Long reads
- The Agentic Winners 25
Shopify is the commerce operating system for the agent economy — its integration with Google's UCP positions it as the platform through which AI shopping agents will browse, compare, and purchase on behalf of consumers.
- The SaaS Litmus Test: Is The March Bottom Real?
Dailies
- Brent closes above $100 for the first time since July and the 10-year hits 4.86%: Wall Street falls a third day while Cloudflare +10%, Datadog +7% and Meta +7% catch the money the chip leaders gave back
The software ETF itself still fell 0.8%: Shopify −5.5%, ServiceNow −2.3%, Salesforce −2.0%, CoreWeave −4.9%, IonQ −5.8%.
- Chips lead the market down as oil tops $105 and the 10-year hits 4.92%: Micron −4%, Intel −4%, Nvidia −2.5% — while software posts its first up day in six and Apple gains 3%
The iShares software ETF is up 0.5% at $102.38, its first gain in six sessions, with ServiceNow +2.1%, Salesforce +0.6%, Datadog +0.5% and Shopify +0.3% after two heavy days; Cloudflare −0.2% at $313 and Meta −0.2% at $652 are holding…
- Oil knocks on $100 and Wall Street sells everything but the AI pipe: Intel +9%, Lumentum +11%, Dow −1.2% — Seoul buys the dip and the Kospi is back above 7,000
Intel +9.1% on another CPU price rise, AMD +5.9%, Broadcom +3.0%, and the optical names went vertical — Lumentum +11.0%, Corning +7.6% on an 80-million-mile fibre contract with Verizon, Coherent +7.1% — while Shopify, UiPath and Atlassian…
- The trade flips at midday: chips fade, software bounces — Meta +6%, Cloudflare +9%, Datadog +6% while oil holds $101 and the 10-year hits 4.85%
The rest of the market is weaker, not stronger: the Russell 2000 is down 1.2%, Booking, Shopify, SpaceX, the cruise lines and Canada are being sold on oil at $101 and a trade fight, and the 10-year yield is at 4.85%, its highest since 2023.
- Chips up again, software down again — Friday's split is turning into a trend
Second session of the same trade, and it is widening: the optical and hardware names are up 7% to 12%, Intel 9%, AMD through $500, while Shopify falls 7%, Intuit, Workday and Booking 6%, and ServiceNow, Salesforce and Adobe 3% to 4%.
- Introducing the Agentic Winners 25
25 names across 7 sectors: MAG7 Gateway (MSFT, GOOGL, AAPL), Platform (SAP, NOW, CRM, WDAY), Toll Booth (NET, DDOG, CRWD, TWLO, OKTA), Neocloud/Edge (DOCN, FSLY, QCOM), Data/Search (SNOW, MDB, ESTC), Vertical (VEEV, INTU, PTC, CSGP, IOT)…
- Jensen Confirms the Inference Inflection
Commerce + Orchestration (PLTR, SHOP) coordinates the workflows.
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