Shopify stock: Stifel lifts target for Shopify stock to USD 210

Published on 10/20/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Shopify reports third-quarter results on November 3, 2026. Shopify stock costs EUR 156.48 on October 20, 2026, up 2.72 percent versus Tradegate close.

Stifel target reaches USD 210

Stifel raised its Shopify target from USD 180.00 to USD 210.00 on October 14, 2026.
Shopify will report third-quarter 2026 results on November 3, 2026.
Shopify stock costs EUR 156.48 at Lang & Schwarz on October 20, 2026 at 5:06 p.m. CEST, 2.72 percent above the Tradegate close of October 19, 2026.

SHOP, CA82509L1076, Illustration mit AI erstellt.

Shopify Inc. (ISIN CA82509L1076) is trading at EUR 156.48 at Lang & Schwarz on October 20, 2026 at 5:06 p.m. CEST, up 2.72 percent versus the Tradegate close of October 19, 2026. Stifel raised its Shopify price target from USD 180.00 to USD 210.00 on October 14, 2026, according to Boerse Express.

Stifel sets a USD 210 target

The new target is 19.63 percent above Shopify's Nasdaq quote of USD 175.54 on October 20, 2026 at 11:16 a.m. ET. Stifel maintained its Buy rating, while the research note cited an expectation of about 35 percent revenue growth for the current quarter. That estimate is a forward view, not a reported result.

Shopify lists November 3, 2026 as the date for its third-quarter 2026 financial results. The investor-relations page identifies Q2 2026 as the latest earnings period, keeping the upcoming report as the next scheduled company milestone.

Shopify stock stays below its high

The stock's USD 94.00 to USD 182.19 52-week range puts the Nasdaq quote 14.11 percent below its high as of October 20, 2026. Shopify's market capitalization was USD 227.8 billion on the same date, while its trailing price-to-earnings ratio stood at 117.87. The euro quotation therefore provides a German trading view, while the Nasdaq figures remain the home-market valuation reference.

Valuation meets the November date

Shopify's latest reported quarter ended June 30, 2026, with revenue of USD 3.58 billion, net income attributable to common shareholders of USD 1.50 billion and diluted earnings per share of USD 1.16. Operating cash flow reached USD 658.00 million in that quarter. The scheduled November report will show whether the growth assumptions behind the USD 210.00 target are reflected in another completed period.

Price and investor perspective

The immediate market picture combines a 2.72 percent rise against the Tradegate close with a 14.11 percent gap to the 52-week high. Stifel's target is higher still, but the company must provide the next operating evidence on November 3, 2026. The further course of trading is shown by the continuously updated real-time quote of Shopify stock.