In this article, we will list the 5 Best Growth Stocks to Buy and Hold in 2026. Please visit 12 Best Growth Stocks to Buy and Hold in 2026 if you’d like to see an extended list and the methodology behind it.
5. Shopify Inc. (NASDAQ:SHOP)
Backed by one-year EPS and revenue growth estimates of 26.37% and 23.24%, respectively, Shopify Inc. (NASDAQ:SHOP) ranks among the best growth stocks to buy and hold in 2026.
Shopify Inc. (NASDAQ:SHOP) heads into late April 2026 with solid analyst backing. As of April 23, 2026, 76% of analysts covering the stock have a Buy rating, and the consensus price target of $160 implies around 76% upside potential.
On April 21, 2026, RBC Capital stood by its “Outperform” rating and $170 price target on Shopify Inc. (NASDAQ:SHOP), after fresh U.S. e-commerce growth data pointed to continued market share gains for the company. The firm said the data shows first-quarter gross merchandise volume grew 34.3% year-over-year to $100.4 billion, coming in 1.8% above the consensus estimate of $98.7 billion. RBC also noted that gross payment volume momentum has been running ahead of GMV, driven by growing payments uptake and continued strength in offline channels.
Beyond the volume numbers, RBC flagged a few other tailwinds worth watching.
U.S. consumer spending picked up through March, and e-commerce growth came in stronger compared with the fourth quarter. Shopify Inc. (NASDAQ:SHOP) is also expected to benefit from a larger foreign exchange tailwind in the first quarter than it saw in the fourth quarter, estimated at 225 basis points versus 120 basis points.
Looking further out, RBC said Shopify’s ability to grow ahead of the broader U.S. e-commerce market should continue, supported by traction with large enterprises, international expansion, and newer channels such as point-of-sale and business-to-business.
All of that builds on a strong set of results that Shopify Inc. (NASDAQ:SHOP) reported for the fourth quarter and full-year 2025.
The company reported fourth quarter revenue growth of 31%, alongside a 19% free cash flow margin. For the full year, revenue grew 30% with a 17% free cash flow margin. Shopify Inc. (NASDAQ:SHOP) also highlighted that 2025 strength was broad-based across merchant sizes, regions, and channels.
For 2026, Shopify Inc. (NASDAQ:SHOP) guided first-quarter revenue to grow at a rate in the low-30s percentage range compared to the same period last year and also announced a $2 billion share repurchase program. The company will announce its Q1 2026 results on May 5, 2026.
Shopify Inc. (NASDAQ:SHOP) operates as an e-commerce technology company across the United States, Asia-Pacific, Canada, the Middle East, Europe, Africa, and Latin America. The company offers tools to run, scale, market, and start online businesses of different sizes.
