Shopify (SHOP, $860.52) gets price target lift from RBC
Shopify shares got a price target hike from analysts at RBC Capital.
On Thursday, RBC Capital analysts boosted their price target on the e-commerce company to $1,000 per share from $825 per share. They reaffirmed their outperform rating.
According to the analysts, the market "still underappreciates" some aspects about Shopify. RBC expects Shopify’s annual revenue to climb to $25 billion by 2028, from an estimated $2.3 billion in 2020.
The analysts mentioned that Shopify has garnered more than 1 million merchants on its platform, which is more than triple from 325,000 merchants in 2016.
RBC also projects that Shopify's take rate, or the percentage of transactions on its platform that the company keeps, will expand by 30 to 40 basis points in the near term on growth in payment adoption. For the long-term, the analysts anticipate expansion in its take rate of between 100 and 110 basis points fueled by increased usage of value-added services (VAS) like Shopify Capital, shipping and the Shopify Fulfillment Network.
SHOP's in Uptrend: Moving Average Convergence Divergence (MACD) Histogram just turned positive
This is a Bullish indicator signaling SHOP's price could rise. Traders may explore going long on the ticker or buying call options. In 46 of 50 cases where SHOP's MACD histogram became positive, the price rose further within the following month. The odds of a continued Uptrend are 90%.
Current price $860.52 is above $767.00 the highest resistance line found by A.I. Throughout the month of 05/15/20 - 06/17/20, the price experienced a +7% Uptrend. During the week of 06/10/20 - 06/17/20, the stock enjoyed a +10% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on June 15, 2020. Traders may consider buying the ticker or exploring call options. In 58 of 65 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 89%.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SHOP advanced for three days, in 322 of 372 cases, the price rose further within the following month. The odds of a continued Uptrend are 87%.
The Aroon Indicator entered an Uptrend today. In 360 of 416 similar cases where SHOP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 87%.
Bearish Trend Analysis
The RSI Indicator appears to be shifting from an Uptrend to a Downtrend. In 44 of 64 cases where SHOP's RSI indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 69%.
The Stochastic Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. In 41 of 64 cases where SHOP's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 64%.
Fundamental Analysis (Ratings)
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 88%. During the last month, the daily ratio of advancing to declining volumes was 1.55 to 1.
The Tickeron Profit vs. Risk Rating rating for this company is 2 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 66, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 35 (best 1 - 100 worst), indicating steady price growth. SHOP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 79 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 97 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: SHOP's P/B Ratio (31.51) is slightly higher than the industry average of (4.28). P/E Ratio (0.00) is within average values for comparable stocks, (38.47). Projected Growth (PEG Ratio) (0.00) is also within normal values, averaging (1.84). Dividend Yield (0.00) settles around the average of (0.10) among similar stocks. SHOP's P/S Ratio (28.19) is very high in comparison to the industry average of (2.63).
The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
SHOP's RSI Indicator ascends from oversold territory
The RSI Indicator for SHOP moved out of oversold territory on February 09, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 26 similar instances when the indicator left oversold territory. In of the 26 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 26, 2026. You may want to consider a long position or call options on SHOP as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SHOP just turned positive on February 18, 2026. Looking at past instances where SHOP's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where SHOP advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where SHOP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 50-day moving average for SHOP moved below the 200-day moving average on March 06, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHOP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SHOP broke above its upper Bollinger Band on March 05, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for SHOP entered a downward trend on February 24, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. SHOP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (12.210) is normal, around the industry mean (10.805). P/E Ratio (134.223) is within average values for comparable stocks, (73.777). SHOP's Projected Growth (PEG Ratio) (9.564) is very high in comparison to the industry average of (1.877). Dividend Yield (0.000) settles around the average of (0.033) among similar stocks. P/S Ratio (14.245) is also within normal values, averaging (53.993).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SHOP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 96, placing this stock worse than average.
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General Information
an operator of eCommerce website that allows customers to sell online by providing software to create an online store
Industry PackagedSoftware
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