3 tracked public figures made calls on SHOP. We grade SELL/REDUCE calls as Correct/Incorrect/Pending, and compare BUY/ADD returns against the S&P 500 over matched windows.
On average, public BUY calls on Shopify Inc. beat the S&P 500 by +20.9%.
| Who | Signal | Date | Return / Grade | Buy vs S&P | Source |
|---|---|---|---|---|---|
| Tobi Lutke | BUY | Nov 01, 2022 | +253.4% | +72.2% | source ↗ |
| Tobi Lutke | BUY | Sep 25, 2025 | -18.6% | -1.4% | source ↗ |
| Cathie Wood | SELL | Aug 25, 2025 | ✓ Correct | — | source ↗ |
| Tobi Lutke | BUY | Aug 25, 2025 | -16.9% | +0.9% | source ↗ |
| Tobi Lutke | BUY | Jan 26, 2026 | -14.3% | -6.4% | source ↗ |
| Tobi Lutke | BUY | Mar 14, 2026 | -7.7% | -3.1% | source ↗ |
| Tobi Lutke | BUY | Feb 16, 2026 | +2.9% | -5.0% | source ↗ |
| David Kostin | BUY | Feb 23, 2026 | -0.4% | -5.0% | source ↗ |
| Tobi Lutke | SELL | Mar 13, 2026 | Pending | — | source ↗ |
Tobi Lutke currently ranks #1 on SHOP with +33.1% average buy return vs +9.6% for the S&P 500 (+23.6% alpha) across 6 scored buy calls.
Yes. Across 7 scored BUY/ADD calls, average return is +28.3% vs +7.5% for the S&P 500 (+20.9% alpha).
SELL/REDUCE calls are shown as Correct, Incorrect, or Pending. Only BUY/ADD calls are compared directly against the S&P 500 in the ticker-level return stats.