Pre-market earnings: Shopify Inc. (SHOP) NASDAQ $118.40: guidance will set direction

Shopify reports fourth-quarter results on Feb 11, 2026 and SHOP stock trades pre-market at $118.40 USD. Investors will watch revenue growth, merchant solutions margins, and management guidance at the 08:30 AM EST release. The shares opened at $112.67 and show heavy volume of 14,092,814 shares pre-market, signalling positioning ahead of the print. We focus on how earnings and guidance could move Shopify Inc. (SHOP) on the NASDAQ and set near-term price direction for the technology sector.