JPMorgan raises target for Shopify stock to USD 200

Published on 10/12/2026 at 11:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shopify generated USD 3.58 billion in second-quarter revenue, up 33.70 percent year over year. Shopify stock costs EUR 154.40 on October 12, 2026.

Key points in brief

JPMorgan raised Shopify's price target from USD 185.00 to USD 200.00 on October 6, 2026, while maintaining an Overweight rating.
Shopify reported USD 3.58 billion in second-quarter 2026 revenue, up 33.70 percent year over year.
Shopify stock was priced at EUR 154.40 at Lang & Schwarz on October 12, 2026 at 11:33 a.m. CEST.
Shopify plans to announce third-quarter 2026 results on November 3, 2026.

SHOP, CA82509L1076, Illustration mit AI erstellt.

Shopify (ISIN CA82509L1076) was priced at EUR 154.40 at Lang & Schwarz on October 12, 2026 at 11:33 a.m. CEST. On October 6, 2026, MarketBeat reported that JPMorgan raised its Shopify target from USD 185.00 to USD 200.00 and maintained an Overweight rating. The target increase was 8.11 percent, giving the analyst action a clear numerical anchor.

Second-quarter growth sets the base

MarketBeat said Shopify reported USD 3.58 billion in revenue for the second quarter of 2026, up 33.70 percent from the same period a year earlier. Earnings per share reached USD 0.42, exceeding the USD 0.40 consensus by USD 0.02.

The finance data for the same quarter shows consolidated net income of USD 1.502 billion, diluted earnings per share of USD 1.16 and operating margin of 14.00 percent. Operating cash flow reached USD 658.0 million in the second quarter of 2026. The different earnings-per-share figures reflect different reporting treatments in the available records, so the company result and the analyst comparison remain separate measures.

What does the target raise mean?

JPMorgan's move places its USD 200.00 target above the USD 185.00 target it replaced, while MarketBeat cited a broader consensus target of USD 172.39 on October 6, 2026. The spread shows that the JPMorgan view sits above the reported consensus, but the comparison uses US dollar targets rather than the euro quotation in Germany.

Shopify prepares for November results

Shopify announced on October 6, 2026 that it plans to release third-quarter 2026 results before the market opens on November 3, 2026. According to Shopify, management will host the results call at 8:30 a.m. ET on the same date.

EUR 154.40 at Lang & Schwarz

The latest Lang & Schwarz quotation for Shopify was EUR 154.40 on October 12, 2026 at 11:33 a.m. CEST. The company is listed on NASDAQ and TSX under SHOP, while the finance data shows a USD 221.7 billion market capitalization as of October 9, 2026 and a 52-week range of USD 94.00 to USD 182.19.

The further course of trading is shown by the continuously updated real-time quote of Shopify stock.