The stock of Shopify (SHOP) is up 11% after the Canadian e-commerce company issued strong forward guidance and announced a new $2 billion U.S. stock repurchase program.
The Ottawa-based company reported earnings per share (EPS) of $0.48 U.S. for the fourth quarter of 2025, below analysts’ consensus estimate of $0.50 U.S.
Revenue in the final months of last year totaled $3.67 billion U.S., which was above Wall Street’s forecast of $3.59 billion U.S. Sales were up 31% from a year earlier.
Along with its latest financial results, Shopify said that its board of directors authorized a share repurchase program of up to $2 billion U.S.
The company said it plans to execute the buybacks using pre-arranged algorithmic trading instructions, with no quarterly or yearly minimums.
Looking ahead, Shopify said that it expects revenue to continue growing at a low-thirties percentage rate in the current first quarter of 2026.
Wall Street had forecast 25% year-over-year growth this quarter.
Prior to today (Feb. 11), SHOP stock had risen 3% over the last 12 months to trade at $127.24 U.S. per share.
