Earned Wealth Advisors LLC Buys New Position in Shopify Inc. $SHOP

Earned Wealth Advisors LLC bought a new stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,327 shares of the software maker’s stock, valued at approximately $1,179,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Shopify by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 49,926,824 shares of the software maker’s stock valued at $7,417,517,000 after buying an additional 610,129 shares in the last quarter. Jennison Associates LLC increased its position in Shopify by 64.3% during the 3rd quarter. Jennison Associates LLC now owns 18,923,431 shares of the software maker’s stock valued at $2,812,211,000 after buying an additional 7,403,821 shares in the last quarter. TD Asset Management Inc increased its position in Shopify by 1.4% during the 3rd quarter. TD Asset Management Inc now owns 8,528,510 shares of the software maker’s stock valued at $1,267,327,000 after buying an additional 118,836 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in Shopify by 3.3% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,588,934 shares of the software maker’s stock valued at $978,679,000 after buying an additional 213,315 shares in the last quarter. Finally, Legal & General Group Plc increased its position in Shopify by 4.4% during the 3rd quarter. Legal & General Group Plc now owns 6,188,885 shares of the software maker’s stock valued at $919,665,000 after buying an additional 260,968 shares in the last quarter. 69.27% of the stock is owned by institutional investors and hedge funds.

Shopify Price Performance

Shares of SHOP opened at $131.15 on Monday. Shopify Inc. has a 52 week low of $80.35 and a 52 week high of $182.19. The company has a market capitalization of $171.03 billion, a price-to-earnings ratio of 141.02, a PEG ratio of 4.66 and a beta of 2.82. The stock’s 50-day moving average price is $120.94 and its 200-day moving average price is $144.03.

Analysts Set New Price Targets

Several brokerages recently issued reports on SHOP. Evercore set a $135.00 target price on Shopify in a research report on Wednesday, February 11th. Wells Fargo & Company dropped their price target on Shopify from $191.00 to $166.00 and set an “overweight” rating on the stock in a research note on Monday, April 6th. Wedbush dropped their price target on Shopify from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Thursday, February 12th. Moffett Nathanson upgraded Shopify from a “neutral” rating to a “buy” rating and set a $150.00 price target on the stock in a research note on Monday, February 9th. Finally, Benchmark dropped their price target on Shopify from $195.00 to $145.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.70.

Key Stories Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: CIBC reiterated an outperform rating and a US$185 price target in a Q1 preview, calling for a strong quarter and upbeat 2026 outlook — a direct analyst endorsement of SHOP’s near-term revenue/profitability trajectory. CIBC Provides Q1 Preview for Shopify; Says Strong Quarter And 2026 Outlook Expected
• Positive Sentiment: News of partner and enterprise traction — including Fyresite’s promotion to Shopify Premier Partner and wins like Avenue Z’s platinum partnership and Reitmans’ brand migrations — supports Shopify’s push upmarket and strengthens its enterprise ecosystem and long-term moat. Fyresite Reaches New Heights With Shopify Premier Partner Promotion
• Positive Sentiment: Media commentary from Jim Cramer argues Shopify is unlikely to be displaced by AI, helping sentiment among growth/software investors worried about AI-driven disruption. Jim Cramer Explains Why Shopify Is Not a Victim of AI Displacement
• Neutral Sentiment: Zacks and related coverage note elevated investor attention around SHOP, providing visibility but not new fundamental developments — useful for flows/volatility monitoring. Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Unusual options activity suggests a large holder may be rolling covered calls on SHOP — signals of institutional repositioning that can both reduce upside and indicate expectation-setting by big owners. Unusual Options Activity Hints That a Big Fish Is Rolling Covered Calls on Shopify Stock
• Negative Sentiment: Short-case commentary (comparison pieces arguing Shopify could be a short candidate) highlights valuation and multiple risk — a reminder that high multiples and cyclical e-commerce exposure leave the stock vulnerable if execution or macro data disappoint. ServiceNow vs Shopify: Which Is the Better Short Candidate Right Now?

About Shopify

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.