Shopify stock: Jefferies keeps USD 175.00 target for Shopify stock

Published on 10/16/2026 at 17:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shopify reports third-quarter results on November 3, 2026. Shopify stock costs EUR 156.52 on October 16, 2026 at 5:31 p.m. CEST.

Analyst view and dates

Jefferies maintained its USD 175.00 target for Shopify on October 15, 2026.
Shopify plans to publish third-quarter results on November 3, 2026.
Shopify stock costs EUR 156.52 at Lang & Schwarz on October 16, 2026 at 5:31 p.m. CEST.
Shopify trades at a P/E ratio of 118.08 as of October 16, 2026.

SHOP, CA82509L1076, Illustration mit AI erstellt.

Jefferies maintained its USD 175.00 price target for Shopify on October 15, 2026, according to Yahoo Finance. Against Shopify's USD 175.97 Nasdaq price at 11:33 a.m. ET on October 16, 2026, the target is 0.55 percent lower. The stock was trading at EUR 156.52 at Lang & Schwarz on October 16, 2026 at 5:31 p.m. CEST.

November 3 results set the date

Shopify plans to publish results for the quarter ended September 30, 2026 before the US market opens on November 3, 2026. The company will hold its results call at 8:30 a.m. ET that day, according to Shopify.

What does the target imply?

The target sits 0.55 percent below the latest Nasdaq price, making the analyst view less bullish than the broader target range cited in recent market coverage. Yahoo Finance also reported that Jefferies kept a Buy rating and linked its view to expectations for stronger gross merchandise volume ahead of the third-quarter report.

Price position in the yearly range

Shopify's Nasdaq price of USD 175.97 on October 16, 2026 was 3.41 percent below its 52-week high of USD 182.19 and 87.20 percent above its low of USD 94.00. The quoted volume was 3,726,327 shares against an average volume of 9,639,517 shares. The market capitalization was USD 228.3 billion.

Valuation keeps the stock demanding

Shopify traded at a P/E ratio of 118.08 on October 16, 2026. The company is classified in the Technology sector and Software - Application industry, while its primary listings are Nasdaq and Toronto Stock Exchange under the ticker SHOP. The valuation leaves the November 3 results as the next major dated test for the shares.

Price and investor perspective

The EUR 156.52 Lang & Schwarz quote places Shopify below its recent Nasdaq high while the USD 175.00 Jefferies target sits marginally below the US price. The November 3 reporting date may provide the next company-specific valuation signal.

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