Key Stats for Shopify Stock

• Current Price: $153.88
• Target Price (Mid): ~$412
• Street Target: ~$171
• Potential Total Return: ~168%
• Annualized IRR: ~25% / year

Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free) >>>

What Happened?

For most of this year, the market treated Shopify (SHOP) as a company that artificial intelligence was quietly going to hollow out. The fear was specific: if shoppers ask an AI agent what to buy instead of clicking through a merchant’s storefront, what happens to the platform underneath that storefront? On August 5, Shopify’s second quarter answered directly, and the answer was the opposite of what the bears expected….