Shopify (SHOP) stock is trending higher, delivering a 95% gain in six months. The momentum has carried over into early 2025, with shares of the leading commerce platform already up 10% in the year to date.

As the platform continues to evolve and expand its reach, investors are questioning whether Shopify stock remains a buy in 2025. Let's examine Shopify's recent performance, long-term growth opportunities, and valuation to determine whether it is still a good pick for 2025.

Shopify stock price continued rising this year and is hovering at its highest level since January 2022. SHOP has jumped by almost 400% from its pandemic low as traders focus on the upcoming quarterly financial results.