Analyst Upgrade: Social media has lit up with commentary on Bernstein SocGen Group's fresh Outperform rating and $160 price target for Shopify. Observers note the firm's view that AI tools are reducing barriers and broadening market opportunities.
Market Views: Discussions also touch on persistent challenges in enterprise segments and payments, yet many users emphasize the company's strong fundamentals amid these headwinds. Technical perspectives remain divided, with some pointing to potential near-term volatility.
Note: This discussion summary was generated from an AI condensation of post data.
Shopify Revenue
Shopify had revenues of $3.6B in Q2 2026. This is an increase of 33.69% from the same period in the prior year.
You can track SHOP financials on Quiver Quantitative's SHOP stock page.
You can access data on SHOP stock through the Quiver Quantitative API.
Shopify Hedge Fund Activity
We have seen 790 institutional investors add shares of Shopify stock to their portfolio, and 1,064 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INVESCO LTD. added 25,923,294 shares (+243.5%) to their portfolio in Q2 2026, for an estimated $2,959,921,708
- JPMORGAN CHASE & CO added 15,220,724 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,737,902,266
- JENNISON ASSOCIATES LLC removed 9,452,863 shares (-58.0%) from their portfolio in Q2 2026, for an estimated $1,079,327,897
- WCM INVESTMENT MANAGEMENT, LLC removed 6,675,474 shares (-99.9%) from their portfolio in Q2 2026, for an estimated $762,205,621
- BAMCO INC /NY/ added 6,437,316 shares (+136.4%) to their portfolio in Q2 2026, for an estimated $735,012,740
- CAPITAL INTERNATIONAL INVESTORS added 4,833,553 shares (+9.7%) to their portfolio in Q2 2026, for an estimated $551,895,081
- CAPITAL RESEARCH GLOBAL INVESTORS removed 4,150,231 shares (-35.6%) from their portfolio in Q2 2026, for an estimated $473,873,375
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
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 $147.5.
Here are some recent targets:
- Tal Liani from B of A Securities set a target price of $150.0 on 07/07/2026
- Gil Luria from DA Davidson set a target price of $140.0 on 05/06/2026
- Paul Treiber from RBC Capital set a target price of $170.0 on 05/06/2026
- Trevor Young from Barclays set a target price of $126.0 on 05/06/2026
- Andrew Boone from Citizens set a target price of $150.0 on 05/06/2026
- Ken Gawrelski from Wells Fargo set a target price of $144.0 on 05/06/2026
- Tyler Radke from Citigroup set a target price of $156.0 on 05/06/2026
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.
