Rating Change
Rosenblatt analysts initiated coverage on Shopify Inc. (NASDAQ:SHOP) with a rating of Buy on August 20, 2026.
new coverageNASDAQ:SHOP
Rosenblatt Initiates Coverage on Shopify Inc. (SHOP) with Buy
Rosenblatt analysts initiated coverage on Shopify Inc. (NASDAQ:SHOP) with a rating of Buy on August 20, 2026.
At publication ·
What changed
Shopify Inc. (NASDAQ:SHOP) · new coverage
- Firm
- Rosenblatt
- Rating
- Buy
- Price at event
- $147.18
- Market capitalization
- $214.5B
At a glance
Key takeaways
- Rosenblatt initiated Buy coverage on Shopify (SHOP) on August 20, 2026, with the stock trading at $147.18 and a market capitalization of $214.5 billion.
Market Context
Shopify Inc. operates in the Technology sector. The stock currently trades at $147.18 with a market capitalization of $214.5B. The stock has gained 2.4% over the past 52 weeks.
Analyst coverage from Rosenblatt provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Shopify Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Shopify Inc.
Among the 10 most recent ratings: 8 Buy, 2 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 20, 2026 | Rosenblatt | Buy | N/A |
| Aug 07, 2026 | Wells Fargo | Overweight | N/A |
| Aug 06, 2026 | Barclays | Equal-Weight | N/A |
| Aug 06, 2026 | Benchmark | Buy | N/A |
| Aug 06, 2026 | Evercore ISI Group | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View SHOP Stock Page
Frequently Asked Questions
What does the Buy rating mean for SHOP?
A rating of Buy from Rosenblatt reflects the analyst's outlook on Shopify Inc. (NASDAQ:SHOP). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the SHOP forecast page.