Bluebird Wealth Management LLC Acquires New Holdings in Shopify Inc. $SHOP

Bluebird Wealth Management LLC acquired a new stake in shares of Shopify Inc. (NASDAQ:SHOP - Free Report) TSE: SHOP during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,769 shares of the software maker's stock, valued at approximately $1,733,000. Shopify makes up about 1.6% of Bluebird Wealth Management LLC's portfolio, making the stock its 25th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mowery & Schoenfeld Wealth Management LLC bought a new position in Shopify during the fourth quarter valued at approximately $29,000. Lodestone Wealth Management LLC acquired a new position in Shopify during the fourth quarter valued at approximately $31,000. Sound Income Strategies LLC grew its holdings in Shopify by 82.4% during the fourth quarter. Sound Income Strategies LLC now owns 197 shares of the software maker's stock valued at $31,000 after purchasing an additional 89 shares during the last quarter. JPL Wealth Management LLC acquired a new position in Shopify during the third quarter valued at approximately $32,000. Finally, Caitlin John LLC acquired a new position in Shopify during the third quarter valued at approximately $36,000. Institutional investors own 69.27% of the company's stock.

Shopify Trading Down 2.0%

Shares of Shopify stock opened at $105.44 on Thursday. The company's fifty day simple moving average is $121.87 and its 200-day simple moving average is $141.28. The company has a market cap of $137.51 billion, a price-to-earnings ratio of 104.40, a PEG ratio of 3.83 and a beta of 2.64. Shopify Inc. has a 1 year low of $88.14 and a 1 year high of $182.19.

Shopify (NASDAQ:SHOP - Get Free Report) TSE: SHOP last announced its quarterly earnings data on Tuesday, May 5th. The software maker reported $999.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $998.78. The business had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.08 billion. Shopify had a net margin of 10.77% and a return on equity of 12.03%. As a group, research analysts forecast that Shopify Inc. will post 1.36 earnings per share for the current fiscal year.

Shopify News Summary

Here are the key news stories impacting Shopify this week:

• Positive Sentiment: Q1 beat on core metrics — Shopify reported Q1 revenue up ~34% to $3.17B, GMV topped $100B and EPS/revenue beat consensus, underscoring continued top-line strength and merchant demand. Shopify Q1 Earnings Beat Estimates, Revenues Rise on Strong GMV Growth
• Positive Sentiment: AI is powering store activity — Shopify reported material AI-driven traffic and order growth (orders/traffic multiples), validating its product-led AI thesis that could lift GMV and monetization over time. AI Drove Orders on Shopify Up 13 Times in Q1
• Positive Sentiment: Some firms reaffirm bullish views with high targets — several analysts (Needham, RBC) kept buy/outperform ratings and $170–$180 targets, signaling continued long-term analyst conviction despite near-term nervousness. Benzinga - Analyst Ratings
• Neutral Sentiment: Unusual options activity — heavy call buying (large increase vs. typical volume) suggests speculative bullish interest or hedged institutional positioning; this can amplify intraday moves but is ambiguous for direction.
• Neutral Sentiment: Analysts trimmed price targets but largely left buy/outperform calls intact — multiple firms lowered targets (examples: Canaccord, Citigroup, BMO, Wells Fargo, DA Davidson) which narrows upside expectations even as conviction remains for many. Benzinga - Price Target Changes
• Negative Sentiment: Market punished shares on outlook and profit concerns — despite the beat, Shopify’s guidance and commentary signaled slower growth/operating-profit pressure, triggering a sharp selloff as investors reset expectations. As Shopify Sinks 14% Following Earnings, Here's What Barchart Data Says Comes Next for SHOP Stock
• Negative Sentiment: Mixed Q2 outlook and operating-income caution — follow-up commentary and guidance left revenue/operating-income trajectory ambiguous, which is weighing on near-term multiple compression and forcing revaluation conversations. Shopify Stock Tumbles On Q2 Revenue, Operating Income Outlook
• Negative Sentiment: Valuation & selloff risk — with a large YTD decline and elevated P/E, some outlets highlight a painful 2026 selloff and lingering valuation questions that could keep the stock under pressure until growth/profit dynamics become clearer. Shopify Eyes 7% Upside After Brutal 2026 Selloff

Analysts Set New Price Targets

Several brokerages have commented on SHOP. Barclays set a $126.00 price target on Shopify and gave the company an "equal weight" rating in a report on Wednesday. Needham & Company LLC reiterated a "buy" rating and set a $180.00 price target on shares of Shopify in a report on Tuesday. Evercore set a $135.00 price target on Shopify in a report on Wednesday, February 11th. Citigroup lowered their price target on Shopify from $163.00 to $156.00 and set a "buy" rating on the stock in a report on Wednesday. Finally, TD Cowen upgraded Shopify from a "hold" rating to a "buy" rating and set a $159.00 price target on the stock in a report on Wednesday, February 11th. Two analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $158.42.

Shopify Profile

Shopify is a Canadian commerce technology company that provides a cloud-based platform for businesses to create, manage and scale online and physical retail stores. Its core offering is a software-as-a-service e-commerce platform that enables merchants to build customizable storefronts, manage product catalogs, process orders, and handle inventory. Shopify also supports omnichannel selling through integrated point-of-sale (POS) systems for in-person transactions.

Beyond storefront software, Shopify offers a range of merchant services and tools designed to simplify commerce operations.

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