Browsing: SHOP

Shopify (NASDAQ:SHOP – Get Free Report) TSE: SHOP has been given a $165.00 target price by analysts at BMO Capital Markets in a report released on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the software maker’s stock. BMO Capital Markets’ target price would indicate a potential upside of 12.40% from the company’s…

Shopify (NASDAQ:SHOP – Get Free Report) TSE: SHOP had its target price upped by research analysts at Citizens Jmp from $150.00 to $185.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “market outperform” rating on the software maker’s stock. Citizens Jmp’s target price would indicate a potential upside of 28.26%…

GMV: $116 billion, up 32% year-over-year, marking the fifth consecutive quarter of GMV growth above 30%.

Five years ago, TikTok Shop‘s annual gross merchandise value (GMV) totaled less than $1 billion. In 2026, the ecommerce hub is on pace to increase that number a hundredfold. According to data from Momentum Works and Tabcut, TikTok Shop’s 2026 GMV has already surpassed $50 billion, with U.S. sales leading the way.

Shopify Inc. (NASDAQ:SHOP – Get Free Report) TSE: SHOP has received an average rating of “Moderate Buy” from the forty-five research firms that are covering the company, Marketbeat reports. Nine equities research analysts have rated the stock with a hold rating, thirty-three have given a buy rating and three have given a strong buy rating…

Wall Street firms have raised their price targets on Shopify following its fiscal second-quarter earnings. Shivani Kumaresan·Stocktwits Published Aug 06, 2026   |   2:01 AM EDT

Shopify (SHOP) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.

E-commerce platform Shopify (NASDAQ:SHOP) reported Q2 CY2026 results exceeding the market’s revenue expectations , with sales up 33.7% year on year to $3.58 billion. Its GAAP profit of $1.16 per share was significantly above analysts’ consensus estimates.

In the latest close session, Shopify (SHOP) was down 1.16% at $123.03. This change lagged the S&P 500’s 0.89% gain on the day. Elsewhere, the Dow gained 0.74%, while the tech-heavy Nasdaq added 1.29%.

Shopify climbed by 11.54 percent on Monday to end at $126.88 apiece, as investors began positioning portfolios ahead of the results of its earnings performance in the second quarter of the year.