JP Morgan Maintains Overweight on Shopify, Raises Price Target to $200
JP Morgan analyst Bryan Smilek maintains Shopify (NASDAQ:SHOP) with a Overweight and raises the price target from $185 to $200.
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Shopify shares are trading higher Monday. Piper Sandler reiterated its Overweight rating and $180 price target on the stock.
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JP Morgan analyst Bryan Smilek maintains Shopify (NASDAQ:SHOP) with a Overweight and raises the price target from $185 to $200.
Shopify will announce third-quarter 2026 financial results on November 3, 2026, before market open, followed by a management conference call at 8:30 a.m. ET. The company previously reported 34% revenue growth and 30%+ growth across GMV, gross profit, and free cash flow for Q2 2026.
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