Shopify Inc. (NASDAQ:SHOP) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) have received an average recommendation of “Moderate Buy” from the forty-four analysts that are covering the firm, MarketBeat Ratings reports. Ten research analysts have rated the stock with a hold rating, thirty-one have issued a buy rating and three have given a strong buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $162.7027.

SHOP has been the subject of a number of research reports. Citigroup reissued a “buy” rating and issued a $172.00 price target (down from $195.00) on shares of Shopify in a report on Friday, February 13th. BMO Capital Markets set a $160.00 price objective on shares of Shopify in a report on Thursday, February 12th. Wedbush reduced their price objective on shares of Shopify from $185.00 to $160.00 and set an “outperform” rating for the company in a report on Thursday, February 12th. DZ Bank raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a report on Monday, February 16th. Finally, Arete Research set a $175.00 price objective on shares of Shopify in a report on Monday, February 2nd.

Hedge Funds Weigh In On Shopify

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kingdom Financial Group LLC. bought a new position in shares of Shopify during the 4th quarter worth about $26,000. Curio Wealth LLC bought a new position in shares of Shopify during the 4th quarter worth about $27,000. Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of Shopify during the 4th quarter worth about $29,000. Heartwood Wealth Advisors LLC bought a new position in shares of Shopify during the 3rd quarter worth about $27,000. Finally, Lloyd Advisory Services LLC. bought a new position in Shopify during the 4th quarter valued at about $31,000. 69.27% of the stock is owned by institutional investors.

Shopify Price Performance

Shares of Shopify stock opened at $117.06 on Friday. Shopify has a fifty-two week low of $74.67 and a fifty-two week high of $182.19. The firm has a fifty day moving average price of $121.76 and a two-hundred day moving average price of $145.61. The company has a market cap of $152.66 billion, a PE ratio of 125.87, a price-to-earnings-growth ratio of 4.24 and a beta of 2.82.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Seeking Alpha upgrades SHOP from Sell to Buy, arguing AI-driven commerce (including a “Universal Commerce Protocol”) plus accelerating B2B GMV (reported +84% YoY) and deeper monetization create new growth vectors. Shopify’s Next Leg Isn’t Valuation – It’s AI-Driven Commerce (Double Rating Upgrade)
• Positive Sentiment: Reports show Merchant Solutions revenue growing ~35% and Shopify pushing AI commerce tools — supportive for revenue mix and monetization potential, though competition remains a headwind. SHOP Rides on Robust Merchant Solutions Revenues: More Upside Ahead?
• Positive Sentiment: Another bullish take calls SHOP “AI‑resistant” and a buy-the-dip candidate after recent pullbacks, citing expanding profitability, free cash flow and resilient GMV. This supports the buy-side narrative. Shopify: Highly AI-Resistant, ‘Buy’ The Dip
• Positive Sentiment: Media coverage highlights Jim Cramer saying he doesn’t see a compelling AI disruption case against Shopify, a public defense that can soothe investor worries around AI risk. Jim Cramer Says “I Don’t Think There’s a Compelling AI Disruption Case Against Shopify”
• Neutral Sentiment: Wells Fargo trimmed its price target from $191 to $166 but kept an “overweight” rating — still bullish but the cut helps explain some near-term selling pressure. Benzinga
• Neutral Sentiment: Socket Mobile announced new barcode-scanner compatibility with Shopify v11.0.0 — a modest product/integration win for merchants that’s unlikely to move the stock materially. Socket Mobile Expands Shopify Compatibility with Support for SocketScan S721 and S741 Barcode Scanners
• Neutral Sentiment: Zacks notes Shopify is a trending stock among users — increased attention can amplify volatility but doesn’t change fundamentals by itself. Shopify Inc. (SHOP) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Zacks reports SHOP slid while the broader market rose, underscoring sector/valuation pressure and investor rotation away from richly valued growth names — a short-term headwind. Shopify (SHOP) Stock Slides as Market Rises: Facts to Know Before You Trade

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.