Shopify Inc. (NASDAQ:SHOP) Receives $168.86 Average Target Price from Analysts

Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) has earned a consensus recommendation of “Moderate Buy” from the forty-four analysts that are covering the firm, MarketBeat reports. Thirteen analysts have rated the stock with a hold rating and thirty-one have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $161.9737.

A number of equities research analysts have recently issued reports on the company. Citizens Jmp dropped their price objective on Shopify from $200.00 to $160.00 and set a “market outperform” rating on the stock in a research note on Thursday. BMO Capital Markets set a $160.00 price target on shares of Shopify in a research report on Thursday. National Bank Financial lifted their price objective on shares of Shopify from $180.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. Wedbush lowered their price objective on shares of Shopify from $185.00 to $160.00 and set an “outperform” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company set a $191.00 target price on shares of Shopify and gave the company an “overweight” rating in a research note on Thursday.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SHOP. Kingdom Financial Group LLC. bought a new position in Shopify during the fourth quarter worth $26,000. Financial Gravity Companies Inc. acquired a new stake in shares of Shopify during the 2nd quarter worth about $27,000. Rothschild Investment LLC boosted its holdings in shares of Shopify by 47.5% during the 2nd 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 bought a new stake in shares of Shopify during the 3rd quarter worth about $27,000. Finally, Curio Wealth LLC acquired a new position in Shopify in the 4th quarter valued at about $27,000. 69.27% of the stock is owned by institutional investors and hedge funds.

Shopify Stock Performance

SHOP opened at $112.70 on Thursday. The business’s 50-day simple moving average is $150.31 and its 200 day simple moving average is $150.82. Shopify has a 52-week low of $69.84 and a 52-week high of $182.19. The firm has a market capitalization of $146.72 billion, a PE ratio of 121.18, a PEG ratio of 3.32 and a beta of 2.83.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify reported strong Q4 revenue and profitability metrics—revenue grew ~31% YoY to $3.67B and EPS topped estimates—supporting bullish takeaways on merchant growth and cash generation. Q4/Profitable SaaS Article
• Positive Sentiment: Analysts have moved more positive: Mizuho upgraded SHOP to “outperform” with a $150 PT, TD Securities raised to “buy” with a $159 PT, and Needham reaffirmed a $180 target—these upgrades are driving buy-side interest. Mizuho Upgrade
• Positive Sentiment: Shopify’s commerce tooling is being integrated into major AI platforms (e.g., ChatGPT/Gemini), reinforcing long‑term revenue/engagement narratives tied to AI-enabled merchant services. AI Integration Article
• Neutral Sentiment: Loomis Sayles highlighted high‑quality, long‑growth companies including Shopify in its investor letter—positive signal for institutional interest but not an immediate catalyst. Loomis Sayles Letter
• Neutral Sentiment: Shopify announced a $2 billion buyback authorization; while buybacks can support the stock, analysts and investors are flagging execution risk and potential cash/volatility implications. Buyback Analysis
• Negative Sentiment: Several firms trimmed price targets (UBS to $145, Benchmark to $145, Wedbush/Citizens JMP trimmed targets), and Truist cut to a $110 target—these downgrades/target cuts introduce selling pressure and mixed sentiment among analysts. Price Target Moves Benchmark Cut
• Negative Sentiment: Despite revenue strength, some coverage highlighted margin strain from AI investment and mixed earnings reactions; the post‑earnings pullback reflected investor concerns about valuation and near‑term profitability. Margin Strain Article Post-Earnings Reaction

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.