Key Stats for Shopify Stock

• Price change for Shopify stock in Last 6 Months: -21%
• $SHOP Stock Price as of Jul. 13: $125
• 52-Week High: $182
• $SHOP Stock Price Target: $149

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What Happened?

Shopify (SHOP) stock got a vote of confidence from Wall Street this week. Jefferies upgraded the stock to buy from hold and raised its price target to $160 from $140. That new target implies 31% upside from where shares closed on Friday.

This comes even though Shopify stock is down 21% this year, trailing the S&P 500.

Analyst Samad Samana says Shopify is well positioned for what’s called “agentic…