Shopify Stock Soars: The Bullish Surge You Can’t Ignore in 2025

Shopify's stock rockets upward as e-commerce defies gravity—again. Here's why traders are piling in.

The Catalysts Behind the Rally

Another earnings beat? Check. Merchant growth accelerating? Obviously. Wall Street finally waking up to the platform’s dominance? About time.

The Crypto Connection

Shopify’s crypto-friendly payment integrations are pulling in Web3 merchants like bears to honey—while legacy retailers scramble to catch up.

The Bottom Line

Another 'growth stock' proving short-sellers wrong—just don’t tell the analysts still stuck on 2022’s 'unprofitable tech' narrative.

Image source: Getty Images.

Some positive news ahead of Shopify's upcoming earnings report

Profit growth has been slowing for Shopify, and investors will get more details on which direction it's currently headed when the company reports second-quarter results on Wednesday. In the meantime, investors were responding positively to the E.U.'s announcement that it will hold off on any retaliatory tariffs against the U.S., as it tries to strike a trade deal.

Investors were spooked on Friday by a weak jobs report for June and significantly revised jobs numbers for May, which caused a sell-off among many stocks on Friday. So any news that the U.S. isn't entering a new stage of a trade war with the E.U. caused investors to respond positively.

Shopify's growth is dependent on how well companies are growing in the U.S. and how many new businesses are started. So any slowdown in the economy will weigh down the company's sales and earnings. The latest job data wasn't a good sign, but with today's gains, it appears investors aren't yet sold on the idea that the U.S. economy is slowing down.

Shopify investors will know more very soon

Wednesday's Q2 report will prove whether investors' optimism is misplaced or not. It's certainly not time to panic about the economy, but there are significant uncertainties right now as hiring slows down and the dust settles on new tariffs. It could take months for both to work their way through the economy, which means the next few quarters will be especially important to watch for Shopify investors.