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

Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) has been given a consensus recommendation of “Moderate Buy” by the forty-three research firms that are presently covering the stock, MarketBeat.com reports. Eleven analysts have rated the stock with a hold recommendation, thirty-one have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $162.6389.

Several research firms recently commented on SHOP. BNP Paribas Exane started coverage on shares of Shopify in a research report on Monday, November 24th. They issued a “neutral” rating on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Shopify in a report on Monday, December 29th. Benchmark reduced their price objective on Shopify from $195.00 to $145.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Needham & Company LLC restated a “buy” rating and issued a $180.00 target price on shares of Shopify in a research note on Thursday, February 12th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Shopify in a research report on Wednesday, November 5th.

Shopify Trading Up 7.1%

NASDAQ:SHOP opened at $121.64 on Thursday. Shopify has a 1 year low of $69.84 and a 1 year high of $182.19. The stock has a 50-day moving average price of $147.54 and a two-hundred day moving average price of $150.71. The stock has a market cap of $158.36 billion, a price-to-earnings ratio of 130.80, a PEG ratio of 4.14 and a beta of 2.83.

Institutional Investors Weigh In On Shopify

Several large investors have recently made changes to their positions in SHOP. Brighton Jones LLC increased its holdings in shares of Shopify by 2.8% during the 4th quarter. Brighton Jones LLC now owns 21,176 shares of the software maker’s stock worth $2,252,000 after acquiring an additional 584 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Shopify by 107.3% during the 1st quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker’s stock worth $1,392,000 after purchasing an additional 7,544 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Shopify by 6.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 8,190 shares of the software maker’s stock worth $945,000 after acquiring an additional 506 shares during the period. Johnson Investment Counsel Inc. increased its stake in Shopify by 3.8% in the second quarter. Johnson Investment Counsel Inc. now owns 5,750 shares of the software maker’s stock valued at $663,000 after acquiring an additional 209 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in Shopify by 5.2% during the second quarter. Concurrent Investment Advisors LLC now owns 14,521 shares of the software maker’s stock valued at $1,675,000 after purchasing an additional 717 shares in the last quarter. Institutional investors and hedge funds own 69.27% of the company’s stock.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Company reported a strong Q4 and gave upbeat Q1 revenue guidance (management called for “low?thirties” revenue growth), with analysts highlighting AI and marketplace-driven strength as growth drivers. Shopify Q4 strength highlights AI and marketplace growth: analysts
• Positive Sentiment: Post?earnings sentiment rebound tied to strong revenue/GME trends and a newly authorized $2 billion share buyback, which supports the stock after recent volatility and signals shareholder friendliness. Shopify jumps as post-earnings sentiment improves and investors refocus on growth outlook and buyback
• Positive Sentiment: Analyst activity: DZ Bank upgraded SHOP to “strong?buy” and Truist set a $150 price target / “buy” — fresh buy-side signals that can attract demand. DZ Bank upgrade reported via Zacks Shopify upgraded to Buy at Truist
• Neutral Sentiment: Partner ecosystem activity: Avenue Z acquired Varfaj, a Shopify premier partner, indicating ongoing investment in Shopify’s developer/partner ecosystem (incremental, ecosystem?level benefit). Avenue Z Acquires Shopify Design and Technology Premier Partner Varfaj
• Neutral Sentiment: Brokerage consensus remains skewed positive (multiple buy/outperform calls and a “moderate buy” consensus) — supportive but mixed price targets leave dispersion in expectations. Shopify Given Consensus Recommendation of Moderate Buy
• Negative Sentiment: Some analysts/commentary caution that solid Q4 results may not immediately resolve margin pressure, valuation concerns, or longer-term platform questions — a reminder of execution risk despite top?line momentum. Why Solid Q4 Earnings Aren’t Enough to Turn Its Fortunes Around

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.