A number of research firms have changed their ratings and price targets for Shopify (NASDAQ: SHOP):
- 10/16/2026 – Shopify had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $200.00 price target on the stock, up from $180.00.
- 10/16/2026 – Shopify was upgraded by Zacks Research from “hold” to “strong-buy”.
- 10/15/2026 – Shopify was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 10/14/2026 – Shopify had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
- 10/14/2026 – Shopify was given a new $210.00 price target by Stifel Nicolaus. They now have a “buy” rating on the stock.
- 10/14/2026 – Shopify had its price target raised by Robert W. Baird from $160.00 to $190.00. They now have an “outperform” rating on the stock.
- 10/12/2026 – Shopify had its price target raised by Cantor Fitzgerald from $145.00 to $158.00. They now have a “neutral” rating on the stock.
- 10/8/2026 – Shopify had its “buy” rating reaffirmed by Seaport Research Partners. They now have a $180.00 price target on the stock.
- 10/6/2026 – Shopify had its price target raised by JPMorgan Chase & Co. from $185.00 to $200.00. They now have an “overweight” rating on the stock.
- 10/5/2026 – Shopify had its “overweight” rating reaffirmed by Piper Sandler.
- 9/24/2026 – Shopify was given a new $180.00 price target by Mizuho.
- 9/23/2026 – Shopify had its “outperform” rating reaffirmed by Wedbush. They now have a $176.00 price target on the stock.
- 9/10/2026 – Shopify is now covered by Sanford C. Bernstein. They set an “outperform” rating and a $160.00 price target on the stock.
- 9/10/2026 – Shopify was upgraded by Sanford C. Bernstein to “strong-buy”.
- 9/8/2026 – Shopify had its “overweight” rating reaffirmed by Piper Sandler. They now have a $180.00 price target on the stock, up from $172.00.
- 8/26/2026 – Shopify was given a new $180.00 price target by Royal Bank Of Canada. They now have an “outperform” rating on the stock.
Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.
The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.
Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.
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