Argus Research Maintains Buy Rating on Shopify
Argus Research has reaffirmed its 'Buy' rating on Shopify Inc. and maintained a price target of $180.
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Cantor Fitzgerald maintained its 'Neutral' rating on Shopify while lowering the price target from $158 to $150.
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Argus Research has reaffirmed its 'Buy' rating on Shopify Inc. and maintained a price target of $180.
Linktree has introduced a new integration with Shopify, allowing users to display and promote their Shopify storefronts directly on their Linktree profiles.
Shopify reported Q3 2026 revenue growth of 32% to $3.7 billion with gross merchandise volume reaching $119 billion. The company is expanding its platform through AI-powered sales channels, accelerating physical store checkout adoption (55% of new POS merchants are new to Shopify), and improving operational efficiency with its Sidekick AI assistant showing 28% cost-per-conversation decline while usage increased 14%.
Last-mile delivery carrier GOFO has integrated its tracking services with Shopify, enabling real-time delivery visibility for merchants and consumers.
UBS updated its price target for Shopify to $160 from $145 while maintaining a Neutral rating.
No7 Software has integrated Shopify POS into its Anchor Loyalty & Rewards app, enabling merchants to operate a unified customer loyalty program across online and in-store channels. The app supports points-based and tiered loyalty programs, referrals, and operates in 32 languages. Pricing ranges from free (200 orders/month) to $39.99/month for unlimited orders with advanced features.