Shopify Inc. (SHOP) a Strong Buy, Per Wall Street

5 days ago 12

Shopify Inc. (NASDAQ:SHOP) is among the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2026On February 27, RBC Capital expert Paul Treiber reiterated an Outperform standing connected the banal with a stock terms people of $170.

This is simply a reaffirmation of the firm’s earlier accommodation connected February 12, erstwhile it slashed the terms people to $170 from $200, citing the ongoing stock terms downturn amid broader concerns astir AI disruption successful the industry, portion noting that the expert expects the institution to payment from AI.

RBC Capital maintained its Outperform standing connected the shares. The steadfast had besides noted Shopify Inc. (NASDAQ:SHOP)’s ‘fundamentally strong’ results during the vacation quarter. The company’s gross came successful astatine $3.67 billion, beating estimates of $3.59 billion.

Shopify Inc. (SHOP) a Strong Buy, Per Wall Street

Shopify Inc. (SHOP) a Strong Buy, Per Wall Street

Photo by Roberto Cortese connected Unsplash

However, it narrowly missed retired connected net expectations by 3 cents owed to its ongoing planetary expansion, investments successful AI tools, and accrued selling expenses, each of which combined to dent profitability.

For Q1 2026, the e-commerce elephantine anticipates gross to turn successful the debased 30s, good supra Wall Street’s maturation forecast of 25.1%, arsenic the institution expects to payment from its enhanced AI absorption and resilient user spending.

As of the adjacent of concern connected March 5, the banal is simply a Strong Buy, with an mean upside imaginable of 21%.

Shopify Inc. (NYSE:SHOP) provides an e-commerce level implicit the Internet that allows businesses to merchantability online and successful person.

While we admit the imaginable of SHOP arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading Into 2026 and 10 Best Magic Formula Stocks for 2026.

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