Shopify upgraded by Wedbush with a new price target
$SHOP
Computer Software: Prepackaged Software
Technology
Wedbush upgraded Shopify from Neutral to Outperform and set a new price target of $125.00 from $115.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/8/2025 | Equal Weight → Overweight | CapitalOne | |
| 5/6/2025 | $120.00 | Outperform | BMO Capital Markets |
| 5/5/2025 | $100.00 | Outperform → Neutral | BNP Paribas Exane |
| 4/14/2025 | $110.00 → $85.00 | Neutral | Mizuho |
| 2/10/2025 | $150.00 | Hold → Buy | The Benchmark Company |
| 1/10/2025 | $115.00 | Neutral | New Street |
| 1/6/2025 | $115.00 → $125.00 | Neutral → Outperform | Wedbush |
| 12/6/2024 | $110.00 → $140.00 | Hold → Buy | Loop Capital |
TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- Rockcliffe Capital is pleased to announce the initiation of equity research coverage on Shopify Inc. (TSX/NYSE:SHOP), one of North America's leading cloud-based commerce platforms empowering millions of merchants globally. Following a comprehensive fundamental and technical review, Rockcliffe Capital assigns Shopify a "BUY" rating, supported by a 12-month price target of $130 USD, representing meaningful upside from current levels. "Shopify stands at the intersection of software, e-commerce, and AI—a rare combination that positions it as a foundational platform for the future of global retail," said Felix Gelt, Managing Director of Research at R
Internet, Everywhere--(Newsfile Corp. - June 18, 2025) - Shopify Inc. ((NASDAQ, TSX:SHOP), announced today the results of its annual meeting of shareholders held on June 17, 2025. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP were appointed as Shopify's auditors. In addition, shareholders approved the non-binding advisory resolution on Shopify's approach to executive compensation, as further described in Shopify's management information circular dated April 7, 2025.The detailed results of the meeting were as follows:Election of Directors Each of the ten (10) nominees for director were elected by a majority of the votes cast by shareholders presen
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced that Shopify Inc. (NASDAQ:SHOP), will become a component of the Nasdaq-100 Index® (NASDAQ:NDX®) and the Nasdaq-100 Equal Weighted™ Index (NASDAQ:NDXE) prior to market open on Monday, May 19, 2025. Shopify Inc. will replace MongoDB, Inc. (NASDAQ:MDB) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index. MongoDB, Inc. will also be removed from the Nasdaq-100 Tech Sector™ Index (NASDAQ:NDXT), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (NDXTMC™), the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (NDXT10™), the Nasdaq-100 ESG™ Index (NASDAQ:NDXESG), the Nasdaq-100
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CapitalOne upgraded Shopify from Equal Weight to Overweight
BMO Capital Markets initiated coverage of Shopify with a rating of Outperform and set a new price target of $120.00
BNP Paribas Exane downgraded Shopify from Outperform to Neutral and set a new price target of $100.00
Internet, Everywhere--(Newsfile Corp. - June 18, 2025) - Shopify Inc. ((NASDAQ, TSX:SHOP), announced today the results of its annual meeting of shareholders held on June 17, 2025. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP were appointed as Shopify's auditors. In addition, shareholders approved the non-binding advisory resolution on Shopify's approach to executive compensation, as further described in Shopify's management information circular dated April 7, 2025.The detailed results of the meeting were as follows:Election of Directors Each of the ten (10) nominees for director were elected by a majority of the votes cast by shareholders presen
NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) today announced that Shopify Inc. (NASDAQ:SHOP), will become a component of the Nasdaq-100 Index® (NASDAQ:NDX®) and the Nasdaq-100 Equal Weighted™ Index (NASDAQ:NDXE) prior to market open on Monday, May 19, 2025. Shopify Inc. will replace MongoDB, Inc. (NASDAQ:MDB) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index. MongoDB, Inc. will also be removed from the Nasdaq-100 Tech Sector™ Index (NASDAQ:NDXT), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (NDXTMC™), the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (NDXT10™), the Nasdaq-100 ESG™ Index (NASDAQ:NDXESG), the Nasdaq-100
Internet, Everywhere--(Newsfile Corp. - June 5, 2024) - Shopify Inc. ((NYSE, TSX:SHOP), a provider of essential internet infrastructure for commerce, announced today the results of its annual meeting of shareholders (the "Meeting") held on June 4, 2024. All director nominees were elected to the Board of Directors and PricewaterhouseCoopers LLP were appointed as the Company's auditors. Shareholders approved the third amendment and restatement of the Company's Long Term Incentive Plan and approved all unallocated awards under the Company's Long Term Incentive Plan and Stock Option Plan, as amended. In addition, shareholders approved the advisory resolution on the Company's approach to executiv
Internet, Everywhere--(Newsfile Corp. - May 8, 2025) - Shopify Inc. ((NASDAQ, TSX:SHOP) announced today financial results for the quarter ended March 31, 2025. Shopify achieved 27% revenue growth and 15% free cash flow margin. Shopify has now delivered double-digit free cash flow margins for seven consecutive quarters. "Our Q1 results confirm two clear facts. First, we are delivering both growth and profitability at scale. Second, businesses perform better on Shopify, regardless of market conditions," said Harley Finkelstein, President of Shopify. "We built Shopify for times like these. We handle the complexity so merchants can focus on their customers. We ship products faster than anyone e
Internet, Everywhere--(Newsfile Corp. - April 17, 2025) - Shopify Inc. ((NASDAQ, TSX:SHOP) plans to announce financial results for the quarter ended March 31, 2025, before markets open on Thursday, May 8, 2025. Shopify's management team will host a conference call to discuss first-quarter results at 8:30 a.m. ET on Thursday, May 8, 2025. The conference call will be available via webcast on the investor relations section of Shopify's website at https://shopifyinvestors.com/news-and-events.An archived replay of the webcast will be available following the conclusion of the call.About ShopifyShopify is the leading global commerce company that provides essential internet infrastructure for commer
Q4 Revenue Growth Accelerates to 31% and Free Cash Flow Margin Expands to 22%; Full Year Revenue Up 26% and Free Cash Flow Margin Increases to 18%Internet, Everywhere--(Newsfile Corp. - February 11, 2025) - Shopify Inc. ((NYSE, TSX:SHOP), a leading commerce technology company announced today financial results for the quarter and year ended December 31, 2024."2024 was a stand-out year for Shopify. We seized every opportunity to fuel our growth and it showed in the results quarter after quarter," said Harley Finkelstein, President of Shopify. "Heading into 2025, we are committed to making entrepreneurship more common and further establishing Shopify as the go-to commerce platform for businesse