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

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

A number of research analysts recently commented on SHOP shares. Jefferies Financial Group increased their target price on shares of Shopify from $125.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, March 9th. DZ Bank raised shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. Wells Fargo & Company set a $191.00 price objective on shares of Shopify and gave the company an “overweight” rating in a research note on Thursday, February 12th. Canaccord Genuity Group set a $165.00 price objective on Shopify and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, BNP Paribas Exane started coverage on Shopify in a research report on Monday, November 24th. They set a “neutral” rating on the stock.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Jefferies raised its price target after OpenAI decided not to enable in‑ChatGPT purchases, which Jefferies views as reducing a competitive threat to Shopify’s checkout and payments opportunity. This upgrade supports upside to monetization of AI-driven commerce. Jefferies Raises PT on Shopify (SHOP) Following OpenAI Decision
• Positive Sentiment: Piper Sandler initiated coverage with an “Overweight” rating and a $165 PT (~34% upside from the current level), citing payments and merchant growth as key drivers. Analyst coverage and a constructive PT can attract buyers. Benzinga Coverage Note
• Positive Sentiment: Shopify is embedding AI across commerce—enabling AI assistants to surface merchant catalogs and route transactions through Shopify’s checkout/payments—which could increase GMV capture and revenue per merchant if adoption scales. Shopify Bets Big on AI Commerce: Is it the Next Growth Catalyst?
• Positive Sentiment: Shopify’s Klaviyo integration (Locale Aware Catalogs) strengthens its enterprise and global merchant proposition by automating localized catalogs, pricing and marketing — a product move that targets larger brands and cross‑sell opportunities. Shopify And Klaviyo Integration Highlights Global Ambitions And Valuation Tension
• Positive Sentiment: Longer‑term bullish narratives: commentary (e.g., Motley Fool) places Shopify among AI winners that could materially expand value over several years, supporting a growth story for patient investors. Prediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 Years
• Neutral Sentiment: Zacks notes the stock is up ~14% since the last earnings report, signaling recent momentum but asking whether that trend can continue without clearer earnings leverage. Shopify (SHOP) Up 14% Since Last Earnings Report: Can It Continue?
• Negative Sentiment: Zacks also highlights SHOP has declined ~11% over six months, reflecting recent volatility and investor concern about execution/valuation despite AI momentum. SHOP Declines 11% in 6 Months: Buy, Sell or Hold the Stock?
• Negative Sentiment: Service reliability concern — Downdetector reported outages affecting thousands of users; repeated or high‑impact outages can dent merchant trust and short‑term GMV. Shopify Down for Thousands of Users, Downdetector Reports
• Negative Sentiment: Valuation and technical pressure — SHOP trades below its 50‑ and 200‑day moving averages, has a high trailing P/E (~132) and elevated PEG (~4.65), which increases sensitivity to any slowdown in revenue/monetization.

Shopify Trading Down 2.5%

SHOP stock opened at $122.96 on Monday. The stock has a market cap of $160.35 billion, a P/E ratio of 132.22, a PEG ratio of 4.41 and a beta of 2.83. Shopify has a twelve month low of $69.84 and a twelve month high of $182.19. The company’s 50 day moving average is $133.91 and its two-hundred day moving average is $148.73.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SHOP. Spear Advisors LLC purchased a new position in shares of Shopify during the fourth quarter worth approximately $5,565,000. World Investment Advisors raised its position in Shopify by 2.2% in the 4th quarter. World Investment Advisors now owns 27,327 shares of the software maker’s stock valued at $4,399,000 after purchasing an additional 600 shares during the last quarter. Rubicon Advisors GP acquired a new stake in Shopify during the 4th quarter worth $835,000. Corient Private Wealth LLC boosted its stake in Shopify by 1.2% during the 4th quarter. Corient Private Wealth LLC now owns 120,775 shares of the software maker’s stock worth $19,446,000 after purchasing an additional 1,398 shares during the period. Finally, Bayban purchased a new position in Shopify during the 4th quarter worth $129,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

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.