Shopify (NASDAQ:SHOP) Given a $200.00 Price Target by Royal Bank Of Canada Analysts

Shopify (NASDAQ:SHOP) (TSE:SHOP) has been given a $200.00 target price by investment analysts at Royal Bank Of Canada in a research report issued on Monday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the software maker’s stock. Royal Bank Of Canada’s target price suggests a potential upside of 45.45% from the company’s current price.

Several other equities analysts have also issued reports on SHOP. Benchmark reaffirmed a “buy” rating on shares of Shopify in a report on Wednesday, December 3rd. Cantor Fitzgerald reissued a “neutral” rating and issued a $181.00 target price (up from $156.00) on shares of Shopify in a research report on Wednesday, November 5th. Truist Financial set a $155.00 price target on Shopify and gave the stock a “hold” rating in a research note on Tuesday, November 4th. Bank of America lifted their price target on Shopify from $185.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, December 17th. Finally, TD Securities upgraded Shopify to a “hold” rating in a research note on Thursday, December 4th. Twenty-four analysts have rated the stock with a Buy rating and twenty have assigned a Hold rating to the company. Based on data from MarketBeat.com, Shopify has a consensus rating of “Moderate Buy” and an average price target of $171.61.

Shopify Stock Up 0.9%

Shares of Shopify stock opened at $137.50 on Monday. Shopify has a 52 week low of $69.84 and a 52 week high of $182.19. The firm’s 50 day moving average is $158.87 and its two-hundred day moving average is $151.09. The firm has a market capitalization of $179.00 billion, a P/E ratio of 101.85, a P/E/G ratio of 4.03 and a beta of 2.83.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last issued its quarterly earnings data on Tuesday, November 4th. The software maker reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.03. The business had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.75 billion. Shopify had a net margin of 16.65% and a return on equity of 11.72%. As a group, research analysts expect that Shopify will post 1.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Shopify

Large investors have recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in Shopify by 2.8% during the fourth quarter. Brighton Jones LLC now owns 21,176 shares of the software maker’s stock worth $2,252,000 after purchasing an additional 584 shares in the last quarter. AQR Capital Management LLC increased its position in Shopify by 107.3% during the 1st quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker’s stock worth $1,392,000 after purchasing an additional 7,544 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Shopify by 6.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 8,190 shares of the software maker’s stock worth $945,000 after buying an additional 506 shares in the last quarter. Avior Wealth Management LLC raised its stake in shares of Shopify by 32.6% during the 2nd quarter. Avior Wealth Management LLC now owns 13,609 shares of the software maker’s stock worth $1,570,000 after buying an additional 3,347 shares in the last quarter. Finally, Coastline Trust Co acquired a new stake in shares of Shopify in the 2nd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 69.27% of the company’s stock.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Analysts and data point to AI-fueled Merchant Solutions growth — Zacks highlights a ~38% surge in Merchant Solutions revenue as Shopify rolls out AI tools and expands globally, a direct driver of higher recurring platform take-rates and monetization upside. AI Push Drives SHOP’s Merchant Solutions Revenues
• Positive Sentiment: Street upgrade and higher price target — Royal Bank of Canada set a $200 price target and an “outperform” rating, implying meaningful upside vs. current levels; this can attract buy-side interest and support multiple expansion. RBC $200 Price Target
• Positive Sentiment: Sentiment shift: Seeking Alpha argues Shopify’s bear case is fading as AI commerce accelerates, marking a narrative turn that can help re-rate the stock if revenue/monetization momentum continues. Shopify’s Bear Case Is Fading
• Positive Sentiment: Partner ecosystem expansion — Netalico was promoted to Shopify Premier Partner, signaling stronger partner-driven merchant acquisition and implementation capacity for Shopify’s platform and AI-driven services. Netalico Promoted to Shopify Premier Partner
• Positive Sentiment: Improving merchant security / migration capabilities — SEON and Domaine announced a partnership to deliver advanced fraud prevention and migration/optimization services for Shopify merchants, which reduces churn and supports higher merchant LTV. SEON and Domaine Partnership
• Neutral Sentiment: Third‑party capital adoption story — A Seeking Alpha piece on Sabra Health Care REIT frames SHOP as an operating model third parties adopt; notable for validating Shopify’s platform approach but not an immediate revenue driver for Shopify itself. Sabra Health Care: SHOP Unlocks Hidden Value
• Neutral Sentiment: Comparative coverage — A financial contrast piece versus a smaller firm provides context but adds little incremental insight into Shopify’s fundamentals; useful for relative valuation checks. Financial Contrast: Shopify vs IAIC
• Negative Sentiment: Short-term price weakness noted — Coverage flagged a recent intraday/closing dip in SHOP, reflecting market volatility and the stock’s high beta; this can pressure sentiment even if fundamentals stay intact. Shopify Stock Slides as Market Rises
• Negative Sentiment: Debate over AI threats — An opinion piece asks “Will AI kill Shopify?”, highlighting investor concerns that AI could lower switching costs or enable new competitors; this is a strategic risk if Shopify fails to monetize or defend its platform advantages. Will AI Kill Shopify?

Shopify Company Profile

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.