Cantor Fitzgerald Issues Positive Forecast for Shopify (NASDAQ:SHOP) Stock Price

Shopify (NASDAQ:SHOP) (TSE:SHOP) had its price objective increased by Cantor Fitzgerald from $145.00 to $158.00 in a research note issued to investors on Monday morning, MarketBeat Ratings reports. The firm currently has a neutral rating on the software maker’s stock.

SHOP has been the subject of several other research reports. Rosenblatt Securities started coverage on Shopify in a research report on Thursday, August 20th. They issued a “buy” rating and a $175.00 target price for the company. Barclays set a $145.00 price target on Shopify and gave the company an “equal weight” rating in a research report on Thursday, August 6th. Sanford C. Bernstein started coverage on Shopify in a research report on Thursday, September 10th. They set an “outperform” rating and a $160.00 price target on the stock. Canaccord Genuity Group set a $180.00 price objective on Shopify and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $145.00 price objective (up from $130.00) on shares of Shopify in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $172.74.

Shopify Stock Performance

Shares of SHOP stock opened at $179.22 on Monday. The stock has a market capitalization of $230.59 billion, a price-to-earnings ratio of 121.09, a PEG ratio of 3.53 and a beta of 2.62. Shopify has a one year low of $94.00 and a one year high of $182.19. The company’s 50-day simple moving average is $146.62 and its 200-day simple moving average is $126.68. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last announced its quarterly earnings data on Wednesday, August 5th. The software maker reported $0.42 earnings per share 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 period in the prior year, the firm earned $0.69 earnings per share. The firm’s quarterly revenue was up 33.7% compared to the same quarter last year. Equities analysts anticipate that Shopify will post 1.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Shopify

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Evolution Wealth Management Inc. increased its stake in shares of 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 purchasing an additional 155 shares during the period. Graney & King LLC bought a new stake in shares of Shopify during the first quarter valued at approximately $27,000. Glen Eagle Advisors LLC boosted its position in shares of Shopify by 97.5% during the fourth quarter. Glen Eagle Advisors LLC now owns 241 shares of the software maker’s stock worth $39,000 after buying an additional 119 shares during the period. Roxbury Financial LLC boosted its position in shares of Shopify by 171.0% during the third quarter. Roxbury Financial LLC now owns 271 shares of the software maker’s stock worth $40,000 after buying an additional 171 shares during the period. Finally, Sankala Group LLC acquired a new position in shares of Shopify during the fourth quarter worth approximately $44,000. 69.27% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Long-term AI opportunity: Deutsche Bank said Shopify is well positioned to benefit from agentic commerce, in which AI agents discover products and complete purchases on behalf of consumers. The bank expects the opportunity to become significant over the long run, supporting the stock’s advance. Shopify Can Win Big With AI Agents. Why It May Take Time.
• Positive Sentiment: Investor support for Shopify’s commerce infrastructure: Baillie Gifford described Shopify as building the underlying rails for agentic commerce, suggesting its checkout, payments and merchant tools could become increasingly important as businesses deploy AI. Shopify’s integration with Meta’s Muse AI agent and Shop Pay remains a key proof point. Shopify: Building the Underlying Rails for the Era of Agentic Commerce
• Positive Sentiment: Broader internet-sector momentum: Shopify rose alongside eBay and Etsy as investors responded to positive commentary on online marketplaces, live commerce and digital retail growth. eBay Climbs 5% as Morgan Stanley Names It Top Internet Pick
• Neutral Sentiment: Analyst valuation debate: Cantor Fitzgerald raised its Shopify price target but maintained a neutral rating. Its target remains below the current share price, indicating that the firm sees upside from the business but believes much of the expected growth is already reflected in the stock.
• Negative Sentiment: High expectations after a sharp rally: Shopify has substantially outperformed the broader market over the past several months and generated a very large multiyear gain. Commentators questioned whether its premium earnings multiple can be justified without sustained acceleration in profits. Is It Too Late To Buy Shopify Stock?
• Negative Sentiment: AI monetization may be slow: While agent integrations could expand Shopify’s long-term opportunity, analysts emphasized that adoption, merchant controls and competition from platforms such as Salesforce, Amazon and Meta could delay financial benefits. Salesforce Just Turned the Agent Allowlist Into a CRM Product

About Shopify

Shopify Inc is a commerce technology company that provides tools for businesses to start, operate and grow online and in physical retail environments. Its platform enables merchants to create and manage online stores, sell through multiple channels, process orders and payments, manage inventory and engage with customers.

Shopify’s products and services include its core commerce platform, Shopify Plus for larger businesses, Shopify Payments, Shop Pay, point-of-sale solutions and tools for marketing, shipping, analytics and customer management.