Shopify

SHOP

Market cap $203B

In the most recent trading session, Shopify (SHOP) closed at $156.21, indicating a +2.18% shift from the previous trading day.

SHOP's surging merchant base, AI-driven tools and expanding global reach fuel strong growth, even as the stock trades at a premium.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Shopify is rated a Buy, with a $185 price target, implying 24% upside, due to strong fundamentals and robust e-commerce growth. SHOP delivered double-digit top and bottom line growth in FQ2 2025, consistently beating analyst expectations and outperforming sector peers. Despite trading at a significant premium (forward P/E of 104), SHOP's high margins, rapid growth, and low leverage justify its elevated valuation.

Our largest area of underperformance was Technology, where contrary to last quarter, the underperformance was pervasive, with only 6 of our 17 period-end holdings outperforming the benchmark. Strong returns were concentrated in the AI supply chain trade, with stocks levered to the massive capex cycle outperforming stocks that stand to be "hurt" by AI eating the world. Our trailing 12-month turnover increased to 20.3% while our trailing 3-year average annual turnover increased to 15.2%.

It hasn't been an easy year for equity markets. In times like these, though, it's important to remember that the buy-and-hold approach to stock investing remains one of the best and most accessible ways to grow wealth over time.

Traders now have four new ways to express their views on two closely watched companies—Shopify Inc. (Ticker: SHOP) and Lockheed Martin Corporation (Ticker: LMT)—thanks to the latest additions to Direxion's lineup of Single Stock Daily Leveraged and Inverse ETFs.

Investors might believe that the world of online retail is dominated only by Amazon . But there are other businesses that are finding remarkable success in the market.

During the five-year period leading up to its all-time high in November 2021, shares of Shopify (SHOP -7.85%) had surged 3,740% higher. The business was lifted by the pandemic as online shopping saw huge demand.

On Thursday, Indiana-based Kessler Investment Group fully exited its position in Shopify (NYSE: SHOP) in the third quarter, selling approximately $7 million worth of shares, according to an SEC filing.