SHOP

Wells Fargo Maintains Shopify (SHOP) Overweight Recommendation

Fintel reports that on December 17, 2025, Wells Fargo maintained coverage of Shopify (NasdaqGS:SHOP) with a Overweight recommendation.

Analyst Price Forecast Suggests 8.93% Upside

As of December 6, 2025, the average one-year price target for Shopify is $176.17/share. The forecasts range from a low of $116.15 to a high of $210.00. The average price target represents an increase of 8.93% from its latest reported closing price of $161.73 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Shopify is 9,539MM, a decrease of 10.82%. The projected annual non-GAAP EPS is 0.26.

What is the Fund Sentiment?

There are 2,535 funds or institutions reporting positions in Shopify. This is an increase of 174 owner(s) or 7.37% in the last quarter. Average portfolio weight of all funds dedicated to SHOP is 0.60%, an increase of 3.46%. Total shares owned by institutions decreased in the last three months by 1.12% to 1,020,774K shares. SHOP / Shopify Inc. Put/Call Ratios The put/call ratio of SHOP is 0.78, indicating a bullish outlook.

What are Other Shareholders Doing?

Capital World Investors holds 53,613K shares representing 4.39% ownership of the company. In its prior filing, the firm reported owning 57,977K shares , representing a decrease of 8.14%. The firm increased its portfolio allocation in SHOP by 11.96% over the last quarter.

Capital International Investors holds 38,613K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 40,057K shares , representing a decrease of 3.74%. The firm increased its portfolio allocation in SHOP by 16.44% over the last quarter.

Baillie Gifford holds 35,444K shares representing 2.90% ownership of the company. In its prior filing, the firm reported owning 37,748K shares , representing a decrease of 6.50%. The firm increased its portfolio allocation in SHOP by 19.98% over the last quarter.

Jpmorgan Chase holds 33,946K shares representing 2.78% ownership of the company. In its prior filing, the firm reported owning 28,560K shares , representing an increase of 15.87%. The firm increased its portfolio allocation in SHOP by 40.30% over the last quarter.

AGTHX - GROWTH FUND OF AMERICA holds 29,571K shares representing 2.42% ownership of the company. In its prior filing, the firm reported owning 29,162K shares , representing an increase of 1.38%. The firm decreased its portfolio allocation in SHOP by 3.95% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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