Oppenheimer raises target for Shopify stock to USD 205

Published on 10/26/2026 at 12:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oppenheimer lifted its target from USD 175 to USD 205 on October 23, 2026. Shopify stock costs EUR 149.94 on October 26, 2026.

Analyst targets and key dates

Oppenheimer lifted its Shopify target from USD 175 to USD 205 on October 23, 2026.
Shopify reported USD 3.58 billion in second-quarter 2026 revenue and a 14.00 percent operating margin.
Shopify stock trades at EUR 149.94 at 12:07 p.m. CET at Lang & Schwarz on October 26, 2026.

SHOP, CA82509L1076, Illustration mit AI erstellt.

Shopify (ISIN CA82509L1076) was trading at EUR 149.94 at Lang & Schwarz on October 26, 2026 at 12:07 p.m. CET. The latest analyst move came from Oppenheimer, which raised its Shopify target from USD 175 to USD 205 on October 23, 2026, according to MarketScreener.

Why the target matters

The new USD 205 target keeps Oppenheimer's Outperform view and places the analyst action above Shopify's latest reported operating base. The target change is also the most recent of several October revisions, making analyst expectations the clearest near-term company-specific focus.

Shopify's second-quarter 2026 revenue reached USD 3.58 billion, while operating margin was 14.00 percent and operating cash flow was USD 658.00 million. The figures come from the standardized financial record for the quarter ended June 30, 2026, while Shopify's investor-relations page identifies the period as the company's latest earnings quarter.

Three dates frame the setup

Shopify's recent chronology shows three measurable steps. On August 5, 2026, the company reported second-quarter revenue of USD 3.58 billion, according to MarketBeat. On October 16, 2026, RBC raised its target from USD 180 to USD 200. On October 23, 2026, Oppenheimer raised its target from USD 175 to USD 205.

What comes next for Shopify

Shopify has scheduled its third-quarter 2026 financial results for November 3, 2026, with the date listed on Shopify's investor-relations page. That event will test whether the USD 3.58 billion second-quarter revenue base and 14.00 percent operating margin support the higher analyst targets.

Price stays tied to the next report

For investors, the key comparison is between the latest operating figures and the upcoming report date rather than a new company forecast. Shopify's second-quarter operating cash flow of USD 658.00 million adds a cash-generation measure to the revenue and margin picture.

Stock and trading context

Shopify was trading intraday at EUR 149.94 at Lang & Schwarz on October 26, 2026 at 12:07 p.m. CET. The primary listing is on Nasdaq, where the stock is quoted in USD; that market context is separate from the euro quotation used here.

The further course of trading is shown by the continuously updated real-time quote of Shopify stock.