SHOP News
3 R40 articles on Shopify Inc. (SHOP). Latest, Sep 22, 2026: Amazon Barred Meta's Agent on Its Conditions of Use, the One Claim It Did Not Lose.
R40 Coverage
Amazon Barred Meta's Agent on Its Conditions of Use, the One Claim It Did Not Lose
Amazon blocked Muse on 20 September citing its customer agreement, not the anti-hacking law it lost on 4 August. Shopify opened Shop Pay to it next day.
Shopify's Best Rule of 40 Score in Five Quarters, and Its Gross Margin Kept Falling
Shopify Q2: revenue $3.58B up 34%, GMV $115.6B up 32%, free cash flow $654M at 18.3%. R40 of 51.85, best in five quarters. Gross margin fell again.
Shopify Q4 2025: $3.67B Revenue Beat, $2B Buyback — So Why Is the Stock Down?
Shopify beats on revenue and GMV, announces $2B buyback, guides to 30%+ Q1 growth — but the stock drops 9%. We break down what spooked investors and why the selloff may be overdone.
February 2026
SHOP Trades ~38% Below Analyst Targets
Shares at ~$112 vs. consensus target ~$180; Simply Wall St flags undervalued by ~12%, ecosystem partnerships (AI/subscription migrations) growing despite dip.
Sharp Selloff: SHOP Down ~16% YTD
Stock plunged amid AI disruption fears in software and valuation reset after 2025 surge; analysts maintain positive long-term view on agentic commerce.
Analyst Upgrades Ahead of Earnings (Arete to Buy)
Upgraded to Buy post-selloff on strong Q4 outlook; focus on 'solid fundamentals' and agentic commerce/AI tailwinds.
1 Growth Stock Down 16% to Buy and Hold
Contrarian buy case despite YTD decline; strong 2025 momentum (32%+ revenue growth in Q3), secular e-commerce/AI tailwinds outweigh volatility.
Major Single-Day Drop (~10%)
Stock fell sharply to ~$119 amid market rotation and software sector pressure; sparked buy-the-dip commentary.
Upgrading Shopify On Agentic Commerce Inflection Point
Bullish upgrade to Buy ahead of Q4; AI integration expands addressable market, management guides 25-29% sales growth, implies ~27% upside.