Shopify (NASDAQ:SHOP) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

Shopify (NASDAQ:SHOP) (TSE:SHOP) had its price target lifted by equities research analysts at Cantor Fitzgerald from $127.00 to $145.00 in a research report issued on Thursday, Marketbeat.com reports. The firm presently has a “neutral” rating on the software maker’s stock. Cantor Fitzgerald’s price target suggests a potential downside of 4.33% from the stock’s current price.

Several other equities research analysts also recently commented on SHOP. Royal Bank Of Canada reiterated an “outperform” rating on shares of Shopify in a research report on Monday, July 20th. Zacks Research upgraded shares of Shopify from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 price target on shares of Shopify in a research note on Tuesday, May 5th. Benchmark reiterated a “buy” rating on shares of Shopify in a report on Wednesday, July 29th. Finally, UBS Group reissued a “neutral” rating on shares of Shopify in a research note on Thursday, May 28th. Three analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Shopify has a consensus rating of “Moderate Buy” and a consensus price target of $170.72.

Shopify Trading Up 2.8%

Shares of SHOP stock opened at $151.57 on Thursday. Shopify has a twelve month low of $94.00 and a twelve month high of $182.19. The stock’s fifty day simple moving average is $119.29 and its 200 day simple moving average is $119.81. The company has a quick ratio of 6.20, a current ratio of 5.35 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $196.69 billion, a P/E ratio of 102.41, a P/E/G ratio of 3.17 and a beta of 2.58.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last posted its earnings results on Wednesday, August 5th. The software maker reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. Shopify had a return on equity of 12.58% and a net margin of 14.53%.The firm had revenue of $3.58 billion during the quarter. During the same quarter in the prior year, the business posted $0.69 earnings per share. Shopify’s revenue for the quarter was up 33.7% compared to the same quarter last year. As a group, sell-side analysts predict that Shopify will post 1.4 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Kingdom Financial Group LLC. bought a new stake in shares of Shopify in the 4th quarter valued at $26,000. Curio Wealth LLC acquired a new position in Shopify in the fourth quarter valued at $27,000. Evolution Wealth Management Inc. lifted its holdings in Shopify by 203.9% in the first quarter. Evolution Wealth Management Inc. now owns 231 shares of the software maker’s stock valued at $27,000 after buying an additional 155 shares during the period. Graney & King LLC bought a new stake in Shopify during the first quarter valued at $27,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new stake in Shopify during the fourth quarter valued at $29,000. Institutional investors and hedge funds own 69.27% of the company’s stock.

Key Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Q2 results exceeded expectations: Shopify reported revenue of approximately $3.58 billion, up 33.7% year over year, and earnings of $0.42 per share versus consensus of $0.40. Growth was supported by strong gross merchandise volume (GMV), expanding payments penetration and improved profitability. SHOP Q2 Earnings Beat Estimates
• Positive Sentiment: Healthy forward guidance: Management expects low-30% revenue growth in the third quarter, reinforcing the view that merchant demand and platform momentum remain strong. Free-cash-flow margins of about 18% also highlighted operating leverage. Shopify Q3 Revenue Outlook
• Positive Sentiment: AI is emerging as a growth catalyst: Shopify executives said traffic and orders originating from AI platforms, including ChatGPT and Gemini, have tripled over the past year. The company is investing in agentic commerce infrastructure, suggesting AI is expanding rather than displacing Shopify’s merchant ecosystem. Shopify Executive Discusses AI and Entrepreneurship
• Positive Sentiment: Analysts raised targets: Goldman Sachs, Citigroup, JPMorgan, Wedbush, BMO and Benchmark all increased their price targets following the results, with several maintaining buy or outperform ratings. These revisions provide additional support for the rally and reflect improved growth expectations.
• Neutral Sentiment: Valuation is demanding: After the earnings-driven advance, Shopify trades at a high earnings multiple. Continued upside likely depends on the company sustaining 30%-plus growth and converting AI and GMV momentum into durable profits. Shopify Q2 Risks and Opportunities
• Negative Sentiment: Some caution remains: Cantor Fitzgerald maintained a neutral rating despite raising its target to $145, while commentary has warned that elevated expectations and the stock’s volatility could limit further gains. Cathie Wood’s reported trimming of Shopify holdings also represents a modest negative sentiment signal.

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.