SHOPIFY ($SHOP) posted quarterly earnings results on Wednesday, August 6th. The company reported earnings of $0.35 per share, beating estimates of $0.29 by $0.06. The company also reported revenue of $2,680,000,000, beating estimates of $2,599,721,266 by $80,278,734.
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 732 institutional investors add shares of SHOPIFY stock to their portfolio, and 679 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EDGEWOOD MANAGEMENT LLC added 8,646,159 shares (+inf%) to their portfolio in Q1 2025, for an estimated $825,535,261
- PRICE T ROWE ASSOCIATES INC /MD/ removed 7,892,382 shares (-18.8%) from their portfolio in Q1 2025, for an estimated $753,564,633
- JENNISON ASSOCIATES LLC added 6,238,829 shares (+118.1%) to their portfolio in Q2 2025, for an estimated $719,648,925
- FMR LLC added 5,507,642 shares (+12.6%) to their portfolio in Q1 2025, for an estimated $525,869,658
- JPMORGAN CHASE & CO added 4,597,678 shares (+19.6%) to their portfolio in Q1 2025, for an estimated $438,986,295
- GOLDMAN SACHS GROUP INC added 4,550,721 shares (+128.0%) to their portfolio in Q1 2025, for an estimated $434,502,841
- BAILLIE GIFFORD & CO removed 3,898,764 shares (-6.5%) from their portfolio in Q1 2025, for an estimated $372,253,986
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 3 times in the past 6 months. Of those trades, 1 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 2 times. They made 1 purchase worth up to $15,000 on 02/12 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 16 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 07/28/2025
- CIBC issued a "Outperformer" rating on 07/18/2025
- Needham issued a "Buy" rating on 07/14/2025
- Baird issued a "Outperform" rating on 07/14/2025
- DA Davidson issued a "Buy" rating on 06/16/2025
- Wells Fargo issued a "Overweight" rating on 06/06/2025
- Morgan Stanley issued a "Overweight" rating on 05/09/2025
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 29 analysts offer price targets for $SHOP in the last 6 months, with a median target of $120.0.
Here are some recent targets:
- Mark Zgutowicz from Benchmark set a target price of $140.0 on 08/05/2025
- Kevin Krishnaratne from Scotiabank set a target price of $115.0 on 07/28/2025
- Ken Wong from Oppenheimer set a target price of $145.0 on 07/28/2025
- Anthony Chukumba from Loop Capital set a target price of $120.0 on 07/22/2025
- Justin Patterson from Keybanc set a target price of $145.0 on 07/22/2025
- Todd Coupland from CIBC set a target price of $145.0 on 07/18/2025
- Parker Lane from Stifel set a target price of $110.0 on 07/15/2025
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.
