Recent discussions on X about Shopify (SHOP) have been buzzing with excitement following the company's Q2 earnings report, which significantly exceeded Wall Street expectations. Posts on the platform highlight a stock surge of nearly 20% in a single day, driven by a reported 31% year-over-year revenue growth and strong gross merchandise volume figures. Many users are captivated by the company’s focus on AI-driven tools and international expansion, particularly in Europe, as key growth drivers.
The conversation also reflects optimism about Shopify’s future, with several users pointing to the company’s upbeat Q3 revenue guidance in the mid-to-high 20s percentage range. There’s a notable sense of relief over management’s comments dismissing fears of tariff impacts, which had previously weighed on sentiment. Overall, the dialogue on X portrays a company riding a wave of strong performance and strategic innovation.
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, 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 Hedge Fund Activity
We have seen 757 institutional investors add shares of Shopify stock to their portfolio, and 704 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BAILLIE GIFFORD & CO removed 18,129,676 shares (-32.4%) from their portfolio in Q2 2025, for an estimated $2,091,258,126
- 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
- GOLDMAN SACHS GROUP INC added 4,550,721 shares (+128.0%) to their portfolio in Q1 2025, for an estimated $434,502,841
- WELLINGTON MANAGEMENT GROUP LLP added 3,324,344 shares (+64.5%) to their portfolio in Q1 2025, for an estimated $317,408,365
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:
- Citigroup issued a "Buy" rating on 08/08/2025
- Evercore ISI Group issued a "Outperform" rating on 08/08/2025
- Goldman Sachs issued a "Buy" rating on 08/07/2025
- RBC Capital issued a "Outperform" rating on 08/07/2025
- Keybanc issued a "Overweight" rating on 08/07/2025
- Oppenheimer issued a "Outperform" rating on 08/07/2025
- JP Morgan issued a "Overweight" rating on 08/07/2025
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 $147.5.
Here are some recent targets:
- Mark Mahaney from Evercore ISI Group set a target price of $170.0 on 08/08/2025
- Tyler Radke from Citigroup set a target price of $195.0 on 08/08/2025
- Mark Zgutowicz from Benchmark set a target price of $190.0 on 08/07/2025
- David Hynes from Canaccord Genuity set a target price of $165.0 on 08/07/2025
- Gabriela Borges from Goldman Sachs set a target price of $176.0 on 08/07/2025
- Terry Tillman from Truist Securities set a target price of $150.0 on 08/07/2025
- Parker Lane from Stifel set a target price of $150.0 on 08/07/2025
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.
