Shopify (NASDAQ:SHOP) Price Target Cut to $160.00 by Analysts at Wedbush

Shopify (NASDAQ:SHOP) (TSE:SHOP) had its price target decreased by Wedbush from $185.00 to $160.00 in a research report released on Thursday, Marketbeat reports. Wedbush currently has an outperform rating on the software maker’s stock.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Shopify in a research note on Monday, December 29th. Citizens Jmp dropped their target price on shares of Shopify from $200.00 to $160.00 and set a “market outperform” rating on the stock in a research note on Thursday. Morgan Stanley reissued an “overweight” rating and set a $192.00 price target (up previously from $165.00) on shares of Shopify in a research report on Wednesday, November 5th. Wells Fargo & Company set a $191.00 price objective on shares of Shopify and gave the stock an “overweight” rating in a report on Thursday. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $160.00 price objective on shares of Shopify in a research report on Wednesday. Thirty-one analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $162.58.

Shopify Trading Down 6.8%

Shopify stock opened at $110.66 on Thursday. Shopify has a 12 month low of $69.84 and a 12 month high of $182.19. The company has a market capitalization of $144.06 billion, a price-to-earnings ratio of 118.99, a price-to-earnings-growth ratio of 3.50 and a beta of 2.83. The business’s fifty day simple moving average is $151.28 and its two-hundred day simple moving average is $150.74.

Institutional Trading of Shopify

Large investors have recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. purchased a new position in shares of Shopify in the 4th quarter worth $26,000. Financial Gravity Companies Inc. purchased a new position in shares of Shopify during the second quarter valued at approximately $27,000. Rothschild Investment LLC raised its holdings in shares of Shopify by 47.5% in the second quarter. Rothschild Investment LLC now owns 233 shares of the software maker’s stock worth $27,000 after buying an additional 75 shares during the period. Heartwood Wealth Advisors LLC purchased a new stake in Shopify in the third quarter worth $27,000. Finally, Curio Wealth LLC purchased a new stake in Shopify in the 4th quarter valued at about $27,000. Institutional investors own 69.27% of the company’s stock.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Company beat revenue expectations with Q4 revenue up ~31%, strong GMV and Merchant Solutions growth, guided Q1 revenue above Street estimates and authorized a $2 billion buyback — supportive for cash generation and long‑term outlook. Shopify press release
• Positive Sentiment: Analyst upgrade: TD Securities raised Shopify from Hold to Buy with a $159 target, adding upward analyst pressure after the print. TD Securities upgrade
• Positive Sentiment: Needham reaffirmed a Buy with a $180 target, highlighting continued bullish institutional views despite recent volatility. Needham note
• Neutral Sentiment: Analysts and commentary note Shopify’s AI investments are expanding product monetization and improving cash flow, but the company trades at a premium vs. peers — mixed implication for near‑term multiples. Zacks analysis
• Neutral Sentiment: Management’s guidance called for continued high‑single to low‑30% revenue growth in Q1 — above consensus and a positive signal for growth trajectory, but it comes with planned higher operating spend. Reuters: guidance
• Negative Sentiment: Q4 EPS missed estimates (reported ~$0.46–$0.48 vs. ~$0.50 consensus) — investors focused on the earnings miss and margin pressure despite the revenue beat, triggering a post‑earnings selloff. Zacks earnings report
• Negative Sentiment: Several firms trimmed price targets today (UBS to $145 neutral rating; Wedbush/Citizens lowered to ~$160; Truist cut to $110), signaling analyst uncertainty on valuation and near‑term catalysts. Benzinga: analyst moves
• Negative Sentiment: Commentary raises risks around the buyback execution, short‑term volatility and margin mix (Merchant Solutions growth compressing gross margins), which could keep the stock under pressure until clarity on margins and buyback cadence. TipRanks buyback risk

Shopify Company Profile

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations.