Q3 Earnings Impact: Shopify (SHOP) has been a hot topic on X recently, with discussions centering on its Q3 2024 earnings report. Posts highlight a robust 32% year-over-year revenue growth to $2.84 billion and a gross merchandise volume (GMV) increase of 32% to $92 billion. However, the stock faced a dip of around 7% post-earnings due to a weaker-than-expected Q4 guidance.
AI Investment Debate: Another focal point on X is Shopify’s heavy investment in AI, with mixed reactions surfacing. Some users argue that while it pressures short-term profit margins, AI tools are key to sustaining high growth in GMV and revenue. Others express concern over the immediate financial impact, creating a divide in opinions.
Long-Term Growth Outlook: Conversations also touch on Shopify’s international expansion and enterprise strength as drivers of future potential. Many on X remain optimistic about its role as a commerce infrastructure leader despite market fluctuations. The chatter reflects a keen interest in how these strategies will play out long-term.
Note: This discussion summary was generated from an AI condensation of post data.
Shopify Congressional Stock Trading
Members of Congress have traded $SHOP stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SHOP stock by members of Congress over the last 6 months:
- REPRESENTATIVE JONATHAN L. JACKSON has traded it 2 times. They made 2 purchases worth up to $65,000 on 10/08, 10/06 and 0 sales.
- REPRESENTATIVE LISA C. MCCLAIN sold up to $15,000 on 06/09.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
Shopify Hedge Fund Activity
We have seen 807 institutional investors add shares of Shopify stock to their portfolio, and 710 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL RESEARCH GLOBAL INVESTORS removed 13,434,719 shares (-57.7%) from their portfolio in Q2 2025, for an estimated $1,549,694,836
- JENNISON ASSOCIATES LLC added 7,403,821 shares (+64.3%) to their portfolio in Q3 2025, for an estimated $1,100,281,838
- INVESCO LTD. added 5,927,567 shares (+146.7%) to their portfolio in Q2 2025, for an estimated $683,744,853
- CAPITAL WORLD INVESTORS added 5,875,563 shares (+11.3%) to their portfolio in Q2 2025, for an estimated $677,746,192
- JPMORGAN CHASE & CO added 5,386,343 shares (+18.9%) to their portfolio in Q3 2025, for an estimated $800,464,433
- CAPITAL INTERNATIONAL INVESTORS added 4,738,141 shares (+13.4%) to their portfolio in Q2 2025, for an estimated $546,544,564
- SANDS CAPITAL MANAGEMENT, LLC removed 4,653,206 shares (-38.3%) from their portfolio in Q2 2025, for an estimated $536,747,312
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Shopify Analyst Ratings
Wall Street analysts have issued reports on $SHOP in the last several months. We have seen 17 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Morgan Stanley issued a "Overweight" rating on 11/05/2025
- CIBC issued a "Outperformer" rating on 11/05/2025
- BMO Capital issued a "Outperform" rating on 11/05/2025
- JP Morgan issued a "Overweight" rating on 11/05/2025
- Canaccord Genuity issued a "Buy" rating on 11/04/2025
- Keybanc issued a "Overweight" rating on 10/30/2025
- Oppenheimer issued a "Outperform" rating on 10/28/2025
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 28 analysts offer price targets for $SHOP in the last 6 months, with a median target of $178.0.
Here are some recent targets:
- Timothy Chiodo from UBS set a target price of $165.0 on 11/05/2025
- Todd Coupland from CIBC set a target price of $200.0 on 11/05/2025
- Keith Weiss from Morgan Stanley set a target price of $192.0 on 11/05/2025
- Terry Tillman from Truist Securities set a target price of $155.0 on 11/05/2025
- Trevor Young from Barclays set a target price of $140.0 on 11/05/2025
- Deepak Mathivanan from Cantor Fitzgerald set a target price of $181.0 on 11/05/2025
- Gil Luria from DA Davidson set a target price of $195.0 on 11/05/2025
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.
