Shopify Inc. (NASDAQ:SHOP) Receives Average Recommendation of “Moderate Buy” from Analysts

Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) has been given a consensus recommendation of “Moderate Buy” by the forty-four brokerages that are covering the stock, Marketbeat reports. Ten research analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and three have assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $163.3784.

Several equities analysts have commented on the stock. Moffett Nathanson upgraded shares of Shopify from a “neutral” rating to a “buy” rating and set a $150.00 price target for the company in a research note on Monday, February 9th. Mizuho upgraded Shopify from a “neutral” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research note on Thursday, February 12th. Needham & Company LLC reissued a “buy” rating and set a $180.00 target price on shares of Shopify in a research note on Thursday, February 12th. ATB Cormark Capital Markets upgraded shares of Shopify from a “sector perform” rating to an “outperform” rating in a report on Tuesday, February 10th. Finally, Bank of America lifted their price objective on shares of Shopify from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Strong Q2 results and AI push — Shopify reported ~30.6% revenue growth, accelerating merchant solutions and Shop Pay performance, expanding free cash flow, and is rolling out AI commerce tools and a tighter partner model that could deepen merchant engagement and revenue per customer. AI Commerce Push And Strong Q2 Results Could Be A Game Changer For Shopify (SHOP)
• Positive Sentiment: Analyst bullishness on steady growth — Oppenheimer and other coverage highlight that longtime customers are spending more and that Shopify’s revenue base should expand steadily over coming years, supporting the growth narrative. Shopify Seen Growing Steadily as Longtime Customers Spend More, Oppenheimer Says
• Positive Sentiment: Industry recognition of Q4 execution — recent writeups rate Shopify as a top e‑commerce software performer in Q4, reinforcing that its product and merchant metrics remain competitive versus peers. E-commerce Software Q4 Earnings: Shopify (NASDAQ:SHOP) is the Best in the Biz
• Positive Sentiment: Third‑party AI tools broaden the funnel — Sell The Trend launched an AI‑powered Shopify store builder to get entrepreneurs live quickly, which can increase new merchant acquisition and strengthen the Shopify app/partner ecosystem. Sell The Trend Launches AI-Powered Shopify Store Builder to Help Entrepreneurs Go Live in Minutes
• Positive Sentiment: Buy‑the‑dip narrative — market commentary suggests growth names like Shopify are attractive to contrarian buyers amid the Nasdaq correction, which could support demand if sentiment stabilizes. Nasdaq Correction: 2 Outstanding Growth Stocks to Buy on the Dip
• Neutral Sentiment: Analyst roundup shows mixed momentum — Zacks’ research roundup pairs Shopify with other names showing both strengths and areas to monitor, indicating consensus recognition of progress but some caution on near‑term catalysts. The Zacks Analyst Blog American Express, Intuitive Surgical, Shopify and Utah Medical Products
• Neutral Sentiment: Third‑party critiques and comparisons exist but aren’t clearly material — a critical analysis piece mentions Shopify alongside other small‑cap coverage, but it doesn’t present new company‑specific negatives likely to move the stock on its own. iCoreConnect (NASDAQ:ICCT) & Shopify (NASDAQ:SHOP) Critical Analysis

Shopify Stock Down 0.2%

Shares of SHOP opened at $118.25 on Friday. Shopify has a fifty-two week low of $69.84 and a fifty-two week high of $182.19. The firm’s 50 day moving average price is $122.91 and its 200 day moving average price is $146.33. The company has a market cap of $154.21 billion, a P/E ratio of 127.15, a PEG ratio of 4.20 and a beta of 2.82.

Institutional Trading of Shopify

A number of institutional investors have recently bought and sold shares of the business. Kingdom Financial Group LLC. purchased a new stake in Shopify during the fourth quarter worth approximately $26,000. Heartwood Wealth Advisors LLC purchased a new position in Shopify in the third quarter valued at approximately $27,000. Curio Wealth LLC acquired a new stake in Shopify during the fourth quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Shopify during the fourth quarter worth approximately $29,000. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of Shopify during the 4th quarter worth approximately $31,000. 69.27% of the stock is owned by hedge funds and other institutional investors.

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.