Rating Change
Rosenblatt reiterated its Buy rating on Shopify Inc. (NASDAQ:SHOP) on November 04, 2026.
reiterateNASDAQ:SHOP
Rosenblatt Reiterates Buy Rating on Shopify Inc. (SHOP)
Rosenblatt reiterated its Buy rating on Shopify Inc. (NASDAQ:SHOP) on November 04, 2026.
At publication ·
What changed
Shopify Inc. (NASDAQ:SHOP) · reiterate
- Firm
- Rosenblatt
- Rating
- Buy to Buy
- Price at event
- $151.61
- Market capitalization
- $214.5B
At a glance
Key takeaways
- Shopify Inc. (NASDAQ:SHOP) trades at $151.61 with a $214.5B market capitalization as of November 4, 2026.
Market Context
Shopify Inc. operates in the Technology sector. The stock currently trades at $151.61 with a market capitalization of $214.5B. The stock has declined 18.0% 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 |
|---|---|---|---|
| Nov 04, 2026 | Wedbush | Outperform | N/A |
| Nov 04, 2026 | Rosenblatt | Buy | N/A |
| Nov 04, 2026 | DA Davidson | Buy | N/A |
| Nov 04, 2026 | Cantor Fitzgerald | Neutral | N/A |
| Nov 02, 2026 | Keybanc | Overweight | 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.