Shopify (SHOP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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Wall Street Turns More Bullish on Shopify as AI Strategy Gains Momentum
Jefferies has upgraded Shopify Inc (TSX:SH., NYSE:SHOP) to Buy from Hold and bumped its price target up to $160, pointing to strong early signs for the second quarter, a reworked partner program, and what it thinks is a price increase on the way. The firm's 2026 earnings-per-share estimates...
Investing.com -- Jefferies on Monday has upgraded Shopify to Buy from Hold and raised its price target to $160 from $140, saying the e-commerce platform is well positioned to benefit from the rise of agentic AI commerce while expecting stronger-than-consensus second-quarter results and additional growth catalysts over the next year.
Stifel has upgraded Shopify (NASDAQ:SHOP) to Buy from Hold and increased its price target to $150 from $110, saying the stock’s 23% decline since the start of the year presents an attractive opportunity for investors seeking long-term growth. In a research note published on Friday, analyst J.
Block, Inc. (NYSE:XYZ) is one of the 15 Most Promising Stocks to Buy Right Now. On May 29, 2026, Morgan Stanley analyst James Faucette raised the firm’s price target on Block, Inc. (NYSE:XYZ) to $98 from $96 and maintained an Overweight rating on the shares. Faucette cited Morgan Stanley’s proprietary AlphaWise survey of about 274 […]
Shopify Inc. (NASDAQ:SHOP) is one of the 12 Best Revenue Growth Stocks to Buy According to Wall Street Analysts. On May 7, Barclays reduced its price target on Shopify Inc. (NASDAQ:SHOP) from $130 to $126 and maintained an Equal Weight rating on the stock. On the same day, Citi also cut its price target on […]
Shopify Inc. (NASDAQ:SHOP) is one of the 10 Best Quality Stocks to Buy and Hold for the Next 5 Years. On May 6, 2026, Oppenheimer analyst Ken Wong lowered the firm’s price target on Shopify Inc. (NASDAQ:SHOP) to $175 from $200 while maintaining an Outperform rating. The firm said Shopify delivered Q1 revenue and gross […]