Wedbush Has Bullish Estimate for Shopify Q3 Earnings

Shopify Inc. (NYSE:SHOP) (TSE:SHOP) – Stock analysts at Wedbush lifted their Q3 2025 earnings per share (EPS) estimates for shares of Shopify in a report issued on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the software maker will earn $0.28 per share for the quarter, up from their prior forecast of $0.26. Wedbush has a “Outperform” rating and a $125.00 price objective on the stock. The consensus estimate for Shopify’s current full-year earnings is $0.90 per share. Wedbush also issued estimates for Shopify’s Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.06 EPS and FY2026 earnings at $1.49 EPS.

A number of other equities analysts have also commented on SHOP. The Goldman Sachs Group raised their price objective on Shopify from $88.00 to $135.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Cantor Fitzgerald restated a “neutral” rating and issued a $70.00 price objective on shares of Shopify in a report on Monday, October 7th. Canaccord Genuity Group upped their target price on Shopify from $80.00 to $125.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Truist Financial raised their target price on shares of Shopify from $65.00 to $110.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Finally, Citigroup raised their price objective on shares of Shopify from $90.00 to $103.00 and gave the company a “buy” rating in a research note on Monday, September 30th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.88.

Shopify Stock Up 0.9 %

SHOP stock opened at $107.74 on Thursday. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $139.21 billion, a PE ratio of 100.69, a P/E/G ratio of 2.98 and a beta of 2.46. The stock’s 50 day moving average is $106.86 and its 200-day moving average is $83.99. Shopify has a twelve month low of $48.56 and a twelve month high of $120.72.

Institutional Trading of Shopify

Large investors have recently made changes to their positions in the stock. Victory Capital Management Inc. raised its stake in Shopify by 78.7% during the second quarter. Victory Capital Management Inc. now owns 147,285 shares of the software maker’s stock valued at $9,728,000 after purchasing an additional 64,856 shares in the last quarter. Private Advisor Group LLC increased its position in Shopify by 105.6% during the second quarter. Private Advisor Group LLC now owns 56,976 shares of the software maker’s stock valued at $3,763,000 after acquiring an additional 29,261 shares during the last quarter. Savant Capital LLC lifted its stake in shares of Shopify by 44.5% during the 2nd quarter. Savant Capital LLC now owns 15,234 shares of the software maker’s stock worth $1,006,000 after acquiring an additional 4,692 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in Shopify by 90.9% during the 2nd quarter. Acadian Asset Management LLC now owns 56,463 shares of the software maker’s stock valued at $3,727,000 after acquiring an additional 26,885 shares during the period. Finally, Caprock Group LLC grew its holdings in shares of Shopify by 37.5% in the second quarter. Caprock Group LLC now owns 15,996 shares of the software maker’s stock worth $1,057,000 after purchasing an additional 4,365 shares during the last quarter. 69.27% of the stock is currently owned by institutional investors.

About Shopify

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.