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Shopify Inc. (NASDAQ:SHOP) is among the many ARK Make investments Inventory Portfolio: Prime 10 Inventory Picks for 2026. On February 27, RBC Capital analyst Paul Treiber reiterated an Outperform ranking on the inventory with a share value goal of $170.
It is a reaffirmation of the agency’s earlier adjustment on February 12, when it slashed the worth goal to $170 from $200, citing the continued share value downturn amid broader considerations about AI disruption within the trade, whereas noting that the analyst expects the corporate to profit from AI.
RBC Capital maintained its Outperform ranking on the shares. The agency had additionally famous Shopify Inc. (NASDAQ:SHOP)’s ‘essentially sturdy’ outcomes in the course of the vacation quarter. The corporate’s income got here in at $3.67 billion, beating estimates of $3.59 billion.
Photograph by Roberto Cortese on Unsplash
Nevertheless, it narrowly missed out on earnings expectations by three cents because of its ongoing world growth, investments in AI instruments, and elevated advertising and marketing bills, all of which mixed to dent profitability.
For Q1 2026, the e-commerce big anticipates income to develop within the low 30s, properly above Wall Road’s development forecast of 25.1%, as the corporate expects to profit from its enhanced AI focus and resilient shopper spending.
As of the shut of enterprise on March 5, the inventory is a Sturdy Purchase, with a median upside potential of 21%.
Shopify Inc. (NYSE:SHOP) offers an e-commerce platform over the Web that enables companies to promote on-line and in individual.
Whereas we acknowledge the potential of SHOP as an funding, we imagine sure AI shares supply higher upside potential and carry much less draw back danger. If you happen to’re searching for a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the greatest short-term AI inventory.
READ NEXT: 40 Most Standard Shares Amongst Hedge Funds Heading Into 2026 and 10 Greatest Magic Formulation Shares for 2026.
Disclosure: None. Comply with Insider Monkey on Google Information.
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