Shopify (NASDAQ:SHOP) Stock Gets Price Target Increase from Cantor Fitzgerald

Shopify (NASDAQ:SHOP) (TSE:SHOP) had its target price lifted by stock analysts at Cantor Fitzgerald from $145.00 to $158.00 in a report released on Monday, MarketBeat Ratings reports. The firm currently has a “neutral” rating on the software maker’s stock. Cantor Fitzgerald’s price target points to a potential downside of 10.49% from the company’s previous close.

Several other research firms have also recently weighed in on SHOP. DA Davidson set a $200.00 price objective on shares of Shopify and gave the stock a “buy” rating in a research report on Thursday, August 6th. Royal Bank Of Canada set a $180.00 target price on shares of Shopify and gave the stock an “outperform” rating in a research note on Wednesday, August 26th. Citigroup restated an “outperform” rating on shares of Shopify in a report on Thursday, August 6th. Mizuho set a $180.00 target price on shares of Shopify in a report on Thursday, September 24th. Finally, Phillip Securities cut shares of Shopify from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, August 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $172.74.

Shopify Stock Performance

NASDAQ:SHOP opened at $176.52 on Monday. The company has a market capitalization of $227.12 billion, a PE ratio of 144.53, a P/E/G ratio of 3.70 and a beta of 2.62. The company has a 50 day simple moving average of $147.68 and a two-hundred day simple moving average of $127.08. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35. Shopify has a fifty-two week low of $94.00 and a fifty-two week high of $182.19.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. The firm had revenue of $3.58 billion during the quarter. Shopify had a net margin of 14.53% and a return on equity of 12.58%. The firm’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.69 EPS. Research analysts anticipate that Shopify will post 1.46 earnings per share for the current year.

Hedge Funds Weigh In On Shopify

A number of institutional investors and hedge funds have recently modified their holdings of SHOP. Invesco Ltd. increased its holdings in Shopify by 9.8% during the fourth quarter. Invesco Ltd. now owns 14,026,193 shares of the software maker’s stock worth $2,257,796,000 after buying an additional 1,252,074 shares during the last quarter. Sands Capital Management LLC boosted its stake in Shopify by 37.0% in the fourth quarter. Sands Capital Management LLC now owns 9,506,036 shares of the software maker’s stock valued at $1,530,187,000 after acquiring an additional 2,568,765 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Shopify by 8.5% in the first quarter. The Manufacturers Life Insurance Company now owns 8,418,903 shares of the software maker’s stock valued at $998,137,000 after acquiring an additional 660,198 shares during the last quarter. Swiss National Bank boosted its stake in Shopify by 27.0% in the first quarter. Swiss National Bank now owns 4,115,300 shares of the software maker’s stock valued at $487,580,000 after acquiring an additional 876,100 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in Shopify by 4.1% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,678,602 shares of the software maker’s stock valued at $436,356,000 after acquiring an additional 145,500 shares during the last quarter. 69.27% of the stock is currently owned by institutional investors.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Algolia launched a native Shopify B2B integration that provides account-specific search, product discovery, pricing and rankings. The partnership could improve Shopify’s appeal to wholesalers, distributors and business-focused merchants. Algolia Launches Native Shopify B2B Integration
• Positive Sentiment: Recent commentary from Deutsche Bank and Baillie Gifford highlighted Shopify as a potential infrastructure or “settlement layer” for agentic commerce, suggesting AI shopping agents could ultimately drive transactions through Shopify merchants and Shop Pay. Shopify Can Win Big With AI Agents
• Positive Sentiment: Shopify was included among stocks positioned to benefit from expanding digital-wallet adoption and the growth of AI-driven and instant payments. Top Mobile Payments Stocks to Buy
• Neutral Sentiment: Cantor Fitzgerald raised its Shopify price target to $158 from $145 but maintained a Neutral rating. The new target remains below the recent trading level, limiting the immediate bullish impact of the increase. Why Shopify Stock Is Up Today
• Neutral Sentiment: Analysts and financial commentators continue to debate whether Shopify’s growth prospects justify its premium valuation, particularly compared with MercadoLibre and other consumer-internet companies. MercadoLibre vs. Shopify
• Negative Sentiment: Shopify’s recent gains have intensified profit-taking and valuation concerns. Commentary noted that the shares rose about 34% over three months, while the stock trades at a demanding earnings multiple, making it vulnerable to skepticism about future returns. Is It Too Late To Buy Shopify Stock?
• Negative Sentiment: Investors remain concerned that the cost of developing AI capabilities could pressure Shopify’s profitability, even if agentic commerce becomes a substantial long-term growth driver. Why Shopify Stock Popped

About Shopify

Shopify Inc is a commerce technology company that provides tools for businesses to start, operate and grow online and in physical retail environments. Its platform enables merchants to create and manage online stores, sell through multiple channels, process orders and payments, manage inventory and engage with customers.

Shopify’s products and services include its core commerce platform, Shopify Plus for larger businesses, Shopify Payments, Shop Pay, point-of-sale solutions and tools for marketing, shipping, analytics and customer management.