Capital Wealth Planning LLC Makes New Investment in Shopify Inc. $SHOP

Capital Wealth Planning LLC purchased a new position in shares of Shopify Inc. (NASDAQ:SHOP) (TSE:SHOP) during the fourth quarter, Holdings Channel.com reports. The firm purchased 27,195 shares of the software maker’s stock, valued at approximately $4,378,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of SHOP. Kingdom Financial Group LLC. bought a new position in shares of Shopify during the 4th quarter worth approximately $26,000. Curio Wealth LLC acquired a new position in shares of Shopify during the fourth quarter worth approximately $27,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Shopify during the fourth quarter worth approximately $29,000. Lodestone Wealth Management LLC acquired a new position in shares of Shopify during the fourth quarter worth approximately $31,000. Finally, Sound Income Strategies LLC raised its position in shares of Shopify by 82.4% during the fourth quarter. Sound Income Strategies LLC now owns 197 shares of the software maker’s stock worth $31,000 after purchasing an additional 89 shares during the period. 69.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SHOP. Wedbush lowered their target price on Shopify from $185.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, February 12th. Weiss Ratings lowered Shopify from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 6th. Jefferies Financial Group reaffirmed a “hold” rating and set a $140.00 target price (down from $150.00) on shares of Shopify in a research report on Tuesday, May 5th. Wells Fargo & Company lowered their target price on Shopify from $166.00 to $144.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $180.00 target price on shares of Shopify in a research report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $157.17.

Key Headlines Impacting Shopify

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Shopify is being cited as a contributor to the strong performance of the iShares North American Tech ETF, suggesting the stock remains an important driver of sector-level gains and a notable holding for growth-oriented investors. This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
• Positive Sentiment: Shopify was included among the best Canadian stocks favored by billionaires, reinforcing investor confidence in the company’s long-term growth story and institutional appeal. 5 Best Canadian Stocks to Invest In According to Billionaires
• Positive Sentiment: Shopify continues to gain attention for execution in AI, payments, and enterprise tools, with analysts arguing that strong business momentum could support further growth if it keeps delivering. Can Shopify’s Strong Execution Outweigh Valuation Concerns in H2 2026?
• Neutral Sentiment: Shopify-related partnership and migration articles, including TOMS and Posterazzi moving operations onto Shopify, add to the platform narrative but are unlikely to move the stock much on their own. Enabling Shopify at Scale: How TOMS Streamlined Operations with Deck Commerce Optimum7 Replatforms Posterazzi from BigCommerce to Shopify with Preview Engine
• Negative Sentiment: Some investors are questioning whether Shopify’s valuation has become stretched, with commentary noting a high forward price-to-sales multiple and limited room for disappointment if growth slows. Is It Time To Reassess Shopify (SHOP) After Sidekick And DHL Partnership Hopes? Can Shopify’s Strong Execution Outweigh Valuation Concerns in H2 2026?
• Negative Sentiment: Shopify was also mentioned in connection with a broader software sector sell-off, which may be adding short-term pressure to the shares even without company-specific negative news. Shopify (SHOP) Fell With Software Sell Off

Shopify Trading Down 2.0%

NASDAQ SHOP opened at $108.20 on Thursday. The firm has a market capitalization of $140.41 billion, a P/E ratio of 107.13, a PEG ratio of 3.10 and a beta of 2.60. The business has a fifty day simple moving average of $114.36 and a 200 day simple moving average of $132.04. Shopify Inc. has a 12 month low of $94.00 and a 12 month high of $182.19.

Shopify (NASDAQ:SHOP) (TSE:SHOP) last released its quarterly earnings results on Tuesday, May 5th. The software maker reported $999.00 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $998.78. The business had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.08 billion. Shopify had a return on equity of 12.07% and a net margin of 10.77%. As a group, sell-side analysts predict that Shopify Inc. will post 1.36 EPS for the current fiscal year.

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.