Key PointsShopify's revenue grew from about $389 million in 2016 to $11.6 billion in 2025, an almost 30-fold rise.Gross merchandise volume across the platform hit $378 billion last year, up from $15.4 billion in 2016.The stock's forward price-to-earnings ratio is about 53, a valuation that prices in years more of fast growth.10 stocks we like better than Shopify › On Sept. 15, 2016, Shopify (NASDAQ:SHOP) stock closed at a split-adjusted $4.18 pe…