Benchmark Cuts Shopify (NASDAQ:SHOP) Price Target to $145.00

Shopify (NASDAQ:SHOP) (TSE:SHOP) had its price objective cut by Benchmark from $195.00 to $145.00 in a research report report published on Tuesday morning, MarketBeat Ratings reports. They currently have a buy rating on the software maker’s stock.

Other equities analysts also recently issued reports about the stock. Oppenheimer reissued an “outperform” rating on shares of Shopify in a research note on Monday, December 1st. Canaccord Genuity Group boosted their target price on Shopify from $165.00 to $185.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $181.00 price target (up previously from $156.00) on shares of Shopify in a report on Wednesday, November 5th. Citigroup reissued a “market outperform” rating on shares of Shopify in a research note on Thursday, December 4th. Finally, Zacks Research cut Shopify from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 12th. Thirty-one investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, Shopify presently has an average rating of “Moderate Buy” and a consensus price target of $162.58.

Shopify Trading Down 6.8%

NASDAQ:SHOP opened at $110.66 on Tuesday. The stock has a 50 day moving average of $151.28 and a two-hundred day moving average of $150.74. The firm has a market cap of $144.06 billion, a P/E ratio of 118.99, a price-to-earnings-growth ratio of 3.50 and a beta of 2.83. Shopify has a 12 month low of $69.84 and a 12 month high of $182.19.

Institutional Trading of Shopify

Institutional investors and hedge funds have recently bought and sold shares of the business. Kingdom Financial Group LLC. purchased a new stake in Shopify during the 4th quarter worth approximately $26,000. Curio Wealth LLC acquired a new position in shares of Shopify in the fourth quarter worth $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Shopify during the fourth quarter worth $29,000. Heartwood Wealth Advisors LLC acquired a new stake in shares of Shopify in the third quarter valued at $27,000. Finally, Lloyd Advisory Services LLC. purchased a new position in Shopify in the fourth quarter valued at $31,000. 69.27% of the stock is currently owned by hedge funds and other institutional investors.

Shopify News Roundup

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Company beat revenue expectations with Q4 revenue up ~31%, strong GMV and Merchant Solutions growth, guided Q1 revenue above Street estimates and authorized a $2 billion buyback — supportive for cash generation and long‑term outlook. Shopify press release
• Positive Sentiment: Analyst upgrade: TD Securities raised Shopify from Hold to Buy with a $159 target, adding upward analyst pressure after the print. TD Securities upgrade
• Positive Sentiment: Needham reaffirmed a Buy with a $180 target, highlighting continued bullish institutional views despite recent volatility. Needham note
• Neutral Sentiment: Analysts and commentary note Shopify’s AI investments are expanding product monetization and improving cash flow, but the company trades at a premium vs. peers — mixed implication for near‑term multiples. Zacks analysis
• Neutral Sentiment: Management’s guidance called for continued high‑single to low‑30% revenue growth in Q1 — above consensus and a positive signal for growth trajectory, but it comes with planned higher operating spend. Reuters: guidance
• Negative Sentiment: Q4 EPS missed estimates (reported ~$0.46–$0.48 vs. ~$0.50 consensus) — investors focused on the earnings miss and margin pressure despite the revenue beat, triggering a post‑earnings selloff. Zacks earnings report
• Negative Sentiment: Several firms trimmed price targets today (UBS to $145 neutral rating; Wedbush/Citizens lowered to ~$160; Truist cut to $110), signaling analyst uncertainty on valuation and near‑term catalysts. Benzinga: analyst moves
• Negative Sentiment: Commentary raises risks around the buyback execution, short‑term volatility and margin mix (Merchant Solutions growth compressing gross margins), which could keep the stock under pressure until clarity on margins and buyback cadence. TipRanks buyback risk

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.