Shopify Shares Head for Fourth Weekly Gain Ahead of Earnings
Shopify is on track for a fourth straight week of gains. Jefferies expects stronger gross merchandise volume, while Baird raised its price target to $190; analysts see up to 10% upside ahead of fiscal Q3 2026 results.
Shopify Inc. (SHOP) is on course for a fourth consecutive weekly advance, with analysts projecting as much as 10% upside ahead of the company’s fiscal third-quarter (Q3) 2026 results. Jefferies anticipates stronger gross merchandise volume (GMV), while Baird lifted its price target to $190, contributing to the positive outlook.