Shopify (NASDAQ:SHOP) Given a $150.00 Price Target by Truist Financial Analysts

Shopify (NASDAQ:SHOP) (TSE:SHOP) has been given a $150.00 target price by investment analysts at Truist Financial in a note issued to investors on Tuesday, Marketbeat.com reports. The firm presently has a “buy” rating on the software maker’s stock. Truist Financial’s price target would indicate a potential upside of 23.31% from the company’s current price.

Several other analysts have also recently issued reports on SHOP. Wedbush dropped their price objective on shares of Shopify from $185.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, February 12th. Weiss Ratings restated a “hold (c)” rating on shares of Shopify in a report on Monday, December 29th. UBS Group dropped their price target on Shopify from $165.00 to $145.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Moffett Nathanson upgraded Shopify from a “neutral” rating to a “buy” rating and set a $150.00 price objective on the stock in a research report on Monday, February 9th. Finally, Barclays set a $130.00 price objective on Shopify and gave the stock an “equal weight” rating in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.64.

Shopify Stock Performance

NASDAQ SHOP opened at $121.64 on Tuesday. The business has a fifty day moving average price of $147.54 and a 200 day moving average price of $150.71. The company has a market cap of $158.36 billion, a P/E ratio of 130.80, a P/E/G ratio of 4.14 and a beta of 2.83. Shopify has a one year low of $69.84 and a one year high of $182.19.

Institutional Trading of Shopify

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC boosted its stake 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 buying an additional 584 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Shopify by 107.3% in the 1st quarter. AQR Capital Management LLC now owns 14,576 shares of the software maker’s stock worth $1,392,000 after acquiring an additional 7,544 shares during the last quarter. Sivia Capital Partners LLC boosted its position 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 purchasing an additional 506 shares during the period. Nordea Investment Management AB acquired a new stake in Shopify in the 2nd quarter valued at approximately $1,594,000. Finally, Chevy Chase Trust Holdings LLC acquired a new stake in Shopify in the 2nd quarter valued at approximately $434,000. 69.27% of the stock is owned by institutional investors and hedge funds.

More Shopify News

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Company reported a strong Q4 and gave upbeat Q1 revenue guidance (management called for “low‑thirties” revenue growth), with analysts highlighting AI and marketplace-driven strength as growth drivers. Shopify Q4 strength highlights AI and marketplace growth: analysts
• Positive Sentiment: Post‑earnings sentiment rebound tied to strong revenue/GME trends and a newly authorized $2 billion share buyback, which supports the stock after recent volatility and signals shareholder friendliness. Shopify jumps as post-earnings sentiment improves and investors refocus on growth outlook and buyback
• Positive Sentiment: Analyst activity: DZ Bank upgraded SHOP to “strong‑buy” and Truist set a $150 price target / “buy” — fresh buy-side signals that can attract demand. DZ Bank upgrade reported via Zacks Shopify upgraded to Buy at Truist
• Neutral Sentiment: Partner ecosystem activity: Avenue Z acquired Varfaj, a Shopify premier partner, indicating ongoing investment in Shopify’s developer/partner ecosystem (incremental, ecosystem‑level benefit). Avenue Z Acquires Shopify Design and Technology Premier Partner Varfaj
• Neutral Sentiment: Brokerage consensus remains skewed positive (multiple buy/outperform calls and a “moderate buy” consensus) — supportive but mixed price targets leave dispersion in expectations. Shopify Given Consensus Recommendation of Moderate Buy
• Negative Sentiment: Some analysts/commentary caution that solid Q4 results may not immediately resolve margin pressure, valuation concerns, or longer-term platform questions — a reminder of execution risk despite top‑line momentum. Why Solid Q4 Earnings Aren’t Enough to Turn Its Fortunes Around

About Shopify

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.