Shopify Market Sentiment

Market sentiment signals for Shopify (SHOP): analyst consensus, short interest, options flow and insider activity.

Recent Analyst Actions

Date	Firm	Analyst & Accuracy	Upside / Downside	PT Change	Action	Rating
Sep 23, 2026	Wedbush	Ygal Arounian—	+22.9%	$176 → $176	Maintained	Outperform
Sep 11, 2026	Bernstein	Mark Shmulik—	+11.8%	$160	Initiate	Outperform
Sep 8, 2026	Piper Sandler	James Callahan—	+25.7%	$172 → $180	Maintained	Overweight
Aug 20, 2026	Rosenblatt	Scott Devitt—	+22.2%	$175	Initiate	Buy
Aug 7, 2026	Wells Fargo	Ken Gawrelski—	+25.7%	$144 → $180	Maintained	Overweight
Aug 6, 2026	Canaccord Genuity	David Hynes—	+25.7%	$145 → $180	Maintained	Buy
Aug 6, 2026	DA Davidson	Gil Luria—	+39.7%	$140 → $200	Maintained	Buy
Aug 6, 2026	UBS	Timothy Chiodo—	+1.3%	$130 → $145	Maintained	Neutral
Aug 6, 2026	RBC Capital	Paul Treiber—	+25.7%	$170 → $180	Maintained	Outperform
Aug 6, 2026	Truist Securities	Terry Tillman—	+25.7%	$150 → $180	Maintained	Buy
Aug 6, 2026	Wedbush	Ygal Arounian—	+22.9%	$155 → $176	Maintained	Outperform
Aug 6, 2026	Evercore ISI Group	Mark Mahaney—	+22.2%	$135 → $175	Maintained	Outperform
Aug 6, 2026	Benchmark	Mark Zgutowicz—	+18.7%	$145 → $170	Maintained	Buy
Aug 6, 2026	Barclays	Trevor Young—	+1.3%	$126 → $145	Maintained	Equal-Weight
Aug 6, 2026	Citizens	Andrew Boone—	+29.2%	$150 → $185	Maintained	Market Outperform
Aug 6, 2026	Cantor Fitzgerald	Deepak Mathivanan—	+1.3%	$127 → $145	Maintained	Neutral
Aug 6, 2026	Goldman Sachs	Gabriela Borges—	+35.5%	$170 → $194	Maintained	Buy
Jul 24, 2026	Citigroup	Tyler Radke—	+4.8%	$156 → $150	Maintained	Buy
Jul 21, 2026	Rothschild & Co	Dominic Ball—	-9.2%	$160 → $130	Downgrade	Buy→Neutral
Jul 13, 2026	Jefferies	Samad Samana—	+11.8%	$140 → $160	Upgrade	Hold→Buy
Jul 10, 2026	Stifel	Parker Lane—	+4.8%	$110 → $150	Upgrade	Hold→Buy
Jul 7, 2026	B of A Securities	Tal Liani—	+4.8%	$150	Assumes	Buy
May 6, 2026	Canaccord Genuity	David Hynes—	+1.3%	$165 → $145	Maintained	Buy
May 6, 2026	UBS	Timothy Chiodo—	-9.2%	$145 → $130	Maintained	Neutral
May 6, 2026	Citigroup	Tyler Radke—	+9.0%	$163 → $156	Maintained	Buy