SHOPIFY ($SHOP) is expected to release its quarterly earnings data on Thursday, May 8th before market open, per Finnhub. Analysts are expecting revenue of $2,377,714,778 and earnings of $0.26 per share.
You can see Quiver Quantitative's $SHOP stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
SHOPIFY Hedge Fund Activity
We have seen 637 institutional investors add shares of SHOPIFY stock to their portfolio, and 651 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY removed 11,751,403 shares (-28.4%) from their portfolio in Q4 2024, for an estimated $1,249,526,680
- CAPITAL RESEARCH GLOBAL INVESTORS removed 10,851,585 shares (-31.4%) from their portfolio in Q4 2024, for an estimated $1,153,849,033
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 7,316,862 shares (+79.8%) to their portfolio in Q4 2024, for an estimated $778,001,936
- PRICE T ROWE ASSOCIATES INC /MD/ removed 5,867,693 shares (-12.3%) from their portfolio in Q4 2024, for an estimated $623,911,796
- JPMORGAN CHASE & CO added 5,564,430 shares (+31.0%) to their portfolio in Q4 2024, for an estimated $591,665,841
- JENNISON ASSOCIATES LLC added 4,036,326 shares (+324.3%) to their portfolio in Q1 2025, for an estimated $385,388,406
- ALLIANCEBERNSTEIN L.P. added 3,849,796 shares (+631.3%) to their portfolio in Q4 2024, for an estimated $409,348,808
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
SHOPIFY Congressional Stock Trading
Members of Congress have traded $SHOP stock 5 times in the past 6 months. Of those trades, 3 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $SHOP stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 04/03.
- REPRESENTATIVE JOSH GOTTHEIMER has traded it 4 times. They made 3 purchases worth up to $45,000 on 02/12, 02/03, 11/13 and 1 sale worth up to $15,000 on 03/19.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
SHOPIFY Analyst Ratings
Wall Street analysts have issued reports on $SHOP in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- KeyBanc issued a "Overweight" rating on 04/23/2025
- Wedbush issued a "Outperform" rating on 04/15/2025
- Deutsche Bank issued a "Buy" rating on 01/29/2025
- Morgan Stanley issued a "Overweight" rating on 12/03/2024
- Oppenheimer issued a "Outperform" rating on 12/02/2024
- Evercore ISI issued a "Outperform" rating on 11/12/2024
To track analyst ratings and price targets for SHOPIFY, check out Quiver Quantitative's $SHOP forecast page.
SHOPIFY Price Targets
Multiple analysts have issued price targets for $SHOP recently. We have seen 10 analysts offer price targets for $SHOP in the last 6 months, with a median target of $110.0.
Here are some recent targets:
- Samad Samana from Jefferies set a target price of $110.0 on 05/05/2025
- Justin Patterson from KeyBanc set a target price of $105.0 on 04/23/2025
- Scott Devitt from Wedbush set a target price of $110.0 on 04/15/2025
- Dan Salmon from New Street set a target price of $115.0 on 01/10/2025
- Bhavin Shah from Deutsche Bank set a target price of $125.0 on 12/02/2024
- Clarke Jeffries from Piper Sandler set a target price of $94.0 on 11/13/2024
- Anthony Chukumba from Loop Capital Markets set a target price of $110.0 on 11/13/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.