Analyst Reco. Shopify Inc.

Equities

SHOP

CA82509L1076

Internet Services

Real-time Estimate Cboe BZX Other stock markets 04:09:16 2026-03-11 pm EDT			5-day change	1st Jan Change
128.02 ^USD	-1.03%		-0.21%	-19.62%

Mar. 09	Klaviyo and Shopify Deepen Integration to Accelerate Global Commerce Growth	CI
Mar. 09	Radial Selects Riskified To Power Payment Fraud And Refund Return Protection For Merchant Client Portfolio	CI

Analyst Reco.

Feb. 27	RBC Reiterates Shopify's Outperform Rating, US$170 Price Target	MT
Feb. 20	Shopify's Growth-Profit Strategy Intact, Margins Seen Stable, Oppenheimer Says	MT
Feb. 19	Phillip Securities Upgrades Shopify to Buy	MT
Feb. 19	Phillip Securities Initiates Coverage on Shopify With Buy Rating	MT
Feb. 17	Shopify Shares Rise After Truist Upgrade	MT
Feb. 17	Truist Upgrades Shopify to Buy From Hold, Adjusts Price Target to $150 From $110	MT
Feb. 17	Shopify Brief: Truist Says "Oppty Emerges W/Market Dislocation; Fundamental Growth Drivers Well Intact"; Upgrades SHOP to Buy and US$150 PT	MT
Feb. 12	UBS Adjusts Shopify Price Target to $145 From $165, Maintains Neutral Rating	MT
Feb. 12	CIBC Cuts Shopify's Price Target to US$185, Maintains Outperformer Rating	MT
Feb. 12	Deutsche Bank Adjusts Price Target on Shopify to $175 From $195, Maintains Buy Rating	MT
Feb. 12	RBC Cuts Price Target on Shopify to $170 From $200, Keeps Outperform Rating	MT
Feb. 12	Shopify Brief: Kept Outperform, Price Target Cut To US$160 From $185 at Wedbush, Which Noted "Relentless Software Beatdown Overwhelms Strong Results"	MT
Feb. 12	Shopify Price Target Lowered to US$170 at RBC	MT
Feb. 12	Shopify Brief: Kept Hold, Price Target Cut To US$110 From $155 at Truist, Which Noted "Solid 4Q Execution; Impressive GMV; Negative Stock Reaction Creating More Interesting Risk"	MT
Feb. 12	Shopify Upgraded to Buy at TD	MT
Feb. 12	TD Cowen Upgrades Shopify to Buy From Hold	MT
Feb. 12	Mizuho Securities Upgrades Shopify to Outperform From Neutral	MT
Feb. 11	Truist Securities Cuts Price Target on Shopify to $110 From $155, Keeps Hold Rating	MT
Feb. 11	Wedbush Lowers Price Target on Shopify to $160 From $185, Keeps Outperform Rating	MT
Feb. 10	Shopify Shares Rise After MoffettNathanson Upgrade	MT
Feb. 10	BMO Cuts Shopify Price Target to US$150, Keeps Outperform, Ahead of Q4	MT
Feb. 10	Toronto Stocks Advance; Shopify Rises on Ratings Upgrade	DJ
Feb. 10	Shopify Upgraded to Outperform at ATB	MT
Feb. 10	MoffettNathanson Upgrades Shopify to Buy From Neutral, Adjusts Price Target to CA$203.57 From CA$171.94	MT
Feb. 02	Shopify Shares Rise After Arete Upgrade	MT