Movement Alert｜Shopify Rises 3.11% in Regular Trading, Multiple Firms Raise Price Targets Following Q2 Earnings Beat

Market Focus08-07 22:25

On August 7, Shopify rose 3.11% in regular trading, trading at approximately $152.10 per share, with turnover of $4.15 billion. The stock continued its post-earnings momentum as multiple Wall Street institutions raised their price targets following the company's strong Q2 results.

On the news front, Shopify reported Q2 revenue of $3.58 billion, up 33.7% year-over-year, beating the consensus estimate of $3.45 billion. GMV reached $115.57 billion, up 32% YoY. Operating margin expanded to 13.6%, while adjusted EPS of $0.42 topped the $0.40 estimate. The company guided Q3 revenue growth at a low-thirties percentage rate, above the market expectation of 27%.

Following the earnings release, several firms raised price targets: Wedbush to $176 from $155 citing Shopify's growing role in global commerce and agentic AI strategy; RBC Capital Markets to $180 from $170 maintaining Outperform; Truist Securities to $180 from $150 with a Buy rating; and National Bank Financial to CA$180 from CA$155. The average analyst price target stands at $167.10 with an overweight consensus rating.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1166636134?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-07 22:25","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1166636134","market":"hk","top_or_hot":-1,"title":"Movement Alert｜Shopify Rises 3.11% in Regular Trading, Multiple Firms Raise Price Targets Following Q2 Earnings Beat","media":"Market Focus","content":"<p><p>On August 7, Shopify rose 3.11% in regular trading, trading at approximately $152.10 per share, with turnover of $4.15 billion. The stock continued its post-earnings momentum as multiple Wall Street institutions raised their price targets following the company's strong Q2 results.</p><p>On the news front, Shopify reported Q2 revenue of $3.58 billion, up 33.7% year-over-year, beating the consensus estimate of $3.45 billion. GMV reached $115.57 billion, up 32% YoY. Operating margin expanded to 13.6%, while adjusted EPS of $0.42 topped the $0.40 estimate. The company guided Q3 revenue growth at a low-thirties percentage rate, above the market expectation of 27%.</p><p>Following the earnings release, several firms raised price targets: Wedbush to $176 from $155 citing Shopify's growing role in global commerce and agentic AI strategy; RBC Capital Markets to $180 from $170 maintaining Outperform; Truist Securities to $180 from $150 with a Buy rating; and National Bank Financial to CA$180 from CA$155. The average analyst price target stands at $167.10 with an overweight consensus rating.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Shopify Rises 3.11% in Regular Trading, Multiple Firms Raise Price Targets Following Q2 Earnings Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Shopify Rises 3.11% in Regular Trading, Multiple Firms Raise Price Targets Following Q2 Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-07 22:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 7, Shopify rose 3.11% in regular trading, trading at approximately $152.10 per share, with turnover of $4.15 billion. The stock continued its post-earnings momentum as multiple Wall Street institutions raised their price targets following the company's strong Q2 results.</p><p>On the news front, Shopify reported Q2 revenue of $3.58 billion, up 33.7% year-over-year, beating the consensus estimate of $3.45 billion. GMV reached $115.57 billion, up 32% YoY. Operating margin expanded to 13.6%, while adjusted EPS of $0.42 topped the $0.40 estimate. The company guided Q3 revenue growth at a low-thirties percentage rate, above the market expectation of 27%.</p><p>Following the earnings release, several firms raised price targets: Wedbush to $176 from $155 citing Shopify's growing role in global commerce and agentic AI strategy; RBC Capital Markets to $180 from $170 maintaining Outperform; Truist Securities to $180 from $150 with a Buy rating; and National Bank Financial to CA$180 from CA$155. The average analyst price target stands at $167.10 with an overweight consensus rating.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHOP","symbol_name":"Shopify Inc","start_time":0,"source_url":"","article_id":"1166636134","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166636134","pubTimestamp":1786112717,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 7, Shopify rose 3.11% in regular trading, trading at approximately $152.10 per share, with turnover of $4.15 billion. The stock continued its post-earnings momentum as multiple Wall Street...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHOP":"Shopify Inc"},"translate_title":"走势警报|Shopify 常规交易上涨 3.11%，多家公司在第二季度盈利超出预期后上调目标价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHOP":1},"content_text":"On August 7, Shopify rose 3.11% in regular trading, trading at approximately $152.10 per share, with turnover of $4.15 billion. The stock continued its post-earnings momentum as multiple Wall Street institutions raised their price targets following the company's strong Q2 results.On the news front, Shopify reported Q2 revenue of $3.58 billion, up 33.7% year-over-year, beating the consensus estimate of $3.45 billion. GMV reached $115.57 billion, up 32% YoY. Operating margin expanded to 13.6%, while adjusted EPS of $0.42 topped the $0.40 estimate. The company guided Q3 revenue growth at a low-thirties percentage rate, above the market expectation of 27%.Following the earnings release, several firms raised price targets: Wedbush to $176 from $155 citing Shopify's growing role in global commerce and agentic AI strategy; RBC Capital Markets to $180 from $170 maintaining Outperform; Truist Securities to $180 from $150 with a Buy rating; and National Bank Financial to CA$180 from CA$155. The average analyst price target stands at $167.10 with an overweight consensus rating.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1166636134","isCrawlerRequest":true}