Cantor Fitzgerald raises target for Shopify stock from USD 145.00 to USD 158.00
Published on 10/13/2026 at 11:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Cantor Fitzgerald raised its Shopify price target from USD 145.00 to USD 158.00 on October 12, 2026, while keeping a Neutral rating.
- Shopify reported USD 3.58 billion in second-quarter 2026 revenue, up 34.00 percent year over year.
- The stock was trading at EUR 159.12 at Lang & Schwarz on October 13, 2026, at 11:29 a.m. CEST.
- Shopify plans to publish third-quarter 2026 results on November 3, 2026.
Shopify (ISIN CA82509L1076) was trading at EUR 159.12 at Lang & Schwarz on October 13, 2026, at 11:29 a.m. CEST. Markets Insider reported on October 12, 2026, that Cantor Fitzgerald raised its Shopify price target from USD 145.00 to USD 158.00 while keeping a Neutral rating. The combination gives the stock a fresh analyst reference ahead of Shopify's next results.
Three dates shape the setup
On August 5, 2026, Shopify reported second-quarter revenue of USD 3.58 billion, up 34.00 percent from USD 2.68 billion a year earlier, according to Zacks. Gross merchandise volume reached USD 115.57 billion, up 32.00 percent from USD 87.84 billion, while operating income increased to USD 488.00 million from USD 291.00 million.
On October 6, 2026, Shopify announced that it planned to publish third-quarter results for the period ended September 30, 2026, before markets opened on November 3, 2026. The company also scheduled its results conference call for 8:30 a.m. ET that day.
On October 12, 2026, Cantor Fitzgerald's new USD 158.00 target remained below the USD 170.85 U.S. closing price cited by Yahoo Finance. The contrast matters because the same report described expectations for low-30s revenue growth in the third quarter and cited pressure from artificial intelligence inference costs and a larger merchant-solutions mix.
What does the target change mean?
The target increase of USD 13.00 equals 8.97 percent versus Cantor Fitzgerald's earlier USD 145.00 figure. Its Neutral rating shows that the target revision did not remove the valuation or margin concerns described in the October 12 report.
Shopify's second-quarter numbers provide the operating benchmark for that debate. Gross profit was USD 1.71 billion in the quarter, operating income was USD 488.00 million, and free cash flow reached USD 654.00 million, an 18.00 percent margin, according to Zacks. Merchant-solutions revenue grew 37.00 percent, compared with 22.00 percent growth for subscription solutions, making mix and gross margin key figures for the November report.
Results date sets the next test
Shopify's next scheduled reporting event is November 3, 2026, when the company is due to publish third-quarter results and discuss them at 8:30 a.m. ET. The market will be measuring the low-30s revenue outlook against the 34.00 percent growth delivered in the second quarter.
At Lang & Schwarz, Shopify was trading at EUR 159.12 on October 13, 2026, at 11:29 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Shopify stock.
Shopify stock facts
- Company: Shopify Inc.
- ISIN: CA82509L1076
- Ticker: SHOP
- Primary exchange: NASDAQ and TSX
- Price Lang & Schwarz (as of October 13, 2026, 11:29 a.m. CEST): EUR 159.12
- Market capitalization: CAD 316.4 billion (as of October 9, 2026)
- 52-week range: CAD 129.01-253.10 (as of October 9, 2026)
- Sector / Industry: Technology / Software - Application
- Next earnings date: November 3, 2026
Market context: Market report S&P TSX Composite.
