Research Analysts Offer Predictions for Shopify Q2 Earnings

Shopify Inc. (NYSE:SHOP - Free Report) TSE: SHOP - Analysts at Wedbush increased their Q2 2025 earnings per share estimates for Shopify in a report issued on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the software maker will post earnings of $0.22 per share for the quarter, up from their previous estimate of $0.20. Wedbush has a "Outperform" rating and a $125.00 price target on the stock. The consensus estimate for Shopify's current full-year earnings is $0.90 per share.

Several other equities research analysts have also recently issued reports on SHOP. KeyCorp raised their price target on shares of Shopify from $80.00 to $130.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 13th. Wells Fargo & Company increased their price objective on shares of Shopify from $90.00 to $120.00 and gave the stock an "overweight" rating in a report on Wednesday, November 13th. JMP Securities reaffirmed a "market outperform" rating and set a $120.00 price target on shares of Shopify in a research report on Thursday, December 12th. Piper Sandler lifted their price target on shares of Shopify from $67.00 to $94.00 and gave the company a "neutral" rating in a report on Wednesday, November 13th. Finally, Moffett Nathanson upped their price objective on Shopify from $86.00 to $99.00 and gave the stock a "neutral" rating in a report on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $99.88.

Shopify Price Performance

Shares of NYSE:SHOP traded up $0.96 on Wednesday, hitting $107.74. The company had a trading volume of 5,183,146 shares, compared to its average volume of 5,161,610. The company has a current ratio of 7.10, a quick ratio of 7.10 and a debt-to-equity ratio of 0.09. The company has a market cap of $139.21 billion, a PE ratio of 100.69, a PEG ratio of 2.98 and a beta of 2.46. Shopify has a 52-week low of $48.56 and a 52-week high of $120.72. The business has a 50 day moving average of $105.71 and a 200 day moving average of $83.66.

Institutional Investors Weigh In On Shopify

Institutional investors have recently made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group lifted its holdings in Shopify by 100.0% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 400 shares of the software maker's stock worth $26,000 after acquiring an additional 200 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new stake in shares of Shopify in the 2nd quarter worth approximately $33,000. Brooklyn Investment Group acquired a new position in Shopify during the 3rd quarter valued at approximately $33,000. Rosenberg Matthew Hamilton grew its stake in Shopify by 41.3% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 455 shares of the software maker's stock worth $36,000 after buying an additional 133 shares during the last quarter. Finally, Truvestments Capital LLC acquired a new stake in Shopify in the third quarter worth $45,000. 69.27% of the stock is currently owned by institutional investors.

Shopify Company Profile

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.