Shopify Inc. $SHOP Stock Position Increased by Kopp Family Office LLC

Kopp Family Office LLC raised its stake in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) by 152.9% in the 3rd quarter, Holdings Channel reports. The firm owned 29,845 shares of the software maker’s stock after acquiring an additional 18,042 shares during the period. Shopify makes up 2.5% of Kopp Family Office LLC’s investment portfolio, making the stock its 7th largest holding. Kopp Family Office LLC’s holdings in Shopify were worth $4,426,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Evolution Wealth Management Inc. grew its position in shares of Shopify by 203.9% during 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 in the last quarter. Graney & King LLC purchased a new stake in shares of Shopify in the first quarter worth about $27,000. Fortitude Family Office LLC purchased a new stake in shares of Shopify in the third quarter worth about $29,000. Trellis Wealth Advisors LLC purchased a new stake in shares of Shopify in the third quarter worth about $37,000. Finally, Roxbury Financial LLC lifted its position in shares of Shopify by 171.0% in 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 in the last quarter. Hedge funds and other institutional investors own 69.27% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on SHOP shares. National Bank Financial reissued an “outperform” rating and set a $180.00 price target (up from $155.00) on shares of Shopify in a research note on Wednesday, August 5th. Rosenblatt Securities initiated coverage on Shopify in a research note on Thursday, August 20th. They issued a “buy” rating and a $175.00 price objective on the stock. DZ Bank downgraded Shopify from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Shopify in a report on Wednesday, October 14th. Finally, Mizuho set a $180.00 price objective on Shopify in a report on Thursday, September 24th. Three research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $175.89.

Shopify Stock Performance

NASDAQ SHOP opened at $174.29 on Thursday. The company has a market cap of $224.25 billion, a P/E ratio of 117.76, a P/E/G ratio of 3.58 and a beta of 2.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.35 and a current ratio of 5.35. The business’s 50 day moving average price is $150.43 and its 200-day moving average price is $129.51. Shopify Inc. has a fifty-two week low of $94.00 and a fifty-two week high of $182.19.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last released its quarterly earnings results 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. The company had revenue of $3.58 billion for the quarter. Shopify had a return on equity of 12.58% and a net margin of 14.53%. The business’s quarterly revenue was up 33.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.69 EPS. Sell-side analysts predict that Shopify Inc. will post 1.46 earnings per share for the current year.

Key Stories Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Meta AI commerce partnership strengthens Shopify’s growth story. Shopify brought Shop Pay checkout to Meta’s Muse AI shopping agent, allowing AI-driven orders to generate the same merchant economics as purchases made through a store’s standard checkout. Investors view the agreement as evidence that Shopify could become core infrastructure for agentic commerce. Shopify Soars 33% in a Month on Meta’s Muse Deal
• Positive Sentiment: AI product integrations are broadening Shopify’s platform appeal. Vercel launched an open-source Next.js integration for Shopify, helping merchants build AI-focused storefronts with support for shopping agents and customized checkout experiences. Separately, Octane AI introduced Phoenix, an automated quiz-building and personalization tool for Shopify brands. These developments may increase merchant engagement and reinforce Shopify’s position in AI-enabled retail. Shopify Launches Open Source Next.js Integration Octane AI Launches Phoenix
• Positive Sentiment: Analyst commentary remains favorable. Reports point to rising earnings estimates, anticipated revenue growth of approximately 31.5% this year, expanding enterprise relationships, and increasing use of AI tools. Shopify’s recent earnings beat and 33.7% year-over-year quarterly revenue growth provide additional fundamental support. Bull of the Day: Shopify
• Neutral Sentiment: Carnegie Investment Counsel increased its Shopify holdings by 3.2%, a modest institutional vote of confidence that is unlikely to materially affect the stock by itself. Shopify Holdings Raised by Carnegie Investment Counsel
• Negative Sentiment: Valuation and profit-taking are growing risks. After the sharp rally, Shopify trades at a very high earnings multiple, and investors are debating whether the gains can continue. Any slowdown in AI monetization, revenue growth, or enterprise adoption could trigger volatility or profit-taking.

Shopify Profile

Shopify Inc is a commerce technology company that provides tools for businesses of various sizes to start, operate and grow online and in physical retail environments. Its platform supports online storefronts, product and inventory management, order processing, marketing, analytics and customer engagement.

The company offers subscription-based plans and merchant solutions, including Shopify Payments, Shopify POS, Shopify Capital and tools for shipping, checkout and fulfillment. Shopify also supports sales through multiple channels, such as merchants’ own websites, mobile devices, social media and third-party marketplaces.

Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand and Scott Lake after the founders developed an online store for snowboarding equipment.