SHOP Analyst Ratings

MoffettNathanson upgraded SHOP to Buy from Neutral with a $150 target on Feb 10, turning bullish on the commerce platform. Needham and Wedbush also sit at Buy/Outperform. Consensus is Buy with a $124 average target — merchant growth and platform expansion fueling the bull case.

ANALYST RATINGS
Buy$136
SHOP
Buy$159
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2026-02-12
Outperform$150
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2026-02-12
Buy$150
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2026-02-10
Hold$156
Resumed
2025-10-03
Hold$120
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2025-07-22
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2026-02-12
TD Cowen
RatingBuy
FromHold
Target$159
From—
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2026-02-12
Mizuho
RatingOutperform
FromNeutral
Target$150
From—
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2026-02-10
MoffettNathanson
RatingBuy
FromNeutral
Target$150
From—
Resumed
2025-10-03
TD Securities
RatingHold
From—
Target$156
From—
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2025-07-22
Loop Capital
RatingHold
FromBuy
Target$120
From—
Initiated
2025-07-14
Needham
RatingBuy
From—
Target$135
From—
Initiated
2025-05-06
BMO Capital Markets
RatingOutperform
From—
Target$120
From—
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2025-05-05
BNP Paribas Exane
RatingNeutral
FromOutperform
Target$100
From—
Reiterated
2025-04-14
Mizuho
RatingNeutral
From—
Target$85
From$110
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2025-02-10
The Benchmark Company
RatingBuy
FromHold
Target$150
From—
Initiated
2025-01-10
New Street
RatingNeutral
From—
Target$115
From—
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2025-01-06
Wedbush
RatingOutperform
FromNeutral
Target$125
From$115
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2024-12-06
Loop Capital
RatingBuy
FromHold
Target$140
From$110