What is Wedbush’s Forecast for Shopify Q3 Earnings?

Shopify Inc. (NYSE:SHOP) (TSE:SHOP) – Research analysts at Wedbush boosted their Q3 2025 EPS estimates for Shopify in a note issued to investors on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the software maker will post earnings per share of $0.28 for the quarter, up from their previous forecast of $0.26. Wedbush currently has a “Outperform” rating and a $125.00 price target on the stock. The consensus estimate for Shopify’s current full-year earnings is $0.90 per share. Wedbush also issued estimates for Shopify’s Q4 2025 earnings at $0.39 EPS, FY2025 earnings at $1.06 EPS and FY2026 earnings at $1.49 EPS.

SHOP has been the topic of several other research reports. Piper Sandler lifted their target price on shares of Shopify from $67.00 to $94.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 13th. Robert W. Baird upped their price objective on Shopify from $90.00 to $126.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Citigroup lifted their price target on shares of Shopify from $90.00 to $103.00 and gave the company a “buy” rating in a research report on Monday, September 30th. Moffett Nathanson upped their price objective on shares of Shopify from $86.00 to $99.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Finally, Canaccord Genuity Group lifted their target price on shares of Shopify from $80.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Shopify presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.88.

Shopify Stock Up 0.9 %

SHOP opened at $107.74 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 7.10 and a current ratio of 7.10. The stock has a market capitalization of $139.21 billion, a price-to-earnings ratio of 100.69, a PEG ratio of 2.98 and a beta of 2.46. The company has a fifty day moving average of $106.86 and a two-hundred day moving average of $83.99. Shopify has a fifty-two week low of $48.56 and a fifty-two week high of $120.72.

Hedge Funds Weigh In On Shopify

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Hawaiian Bank acquired a new position in Shopify in the fourth quarter valued at $744,000. Fulton Bank N.A. acquired a new position in Shopify during the fourth quarter worth approximately $286,000. One Wealth Capital Management LLC purchased a new position in Shopify during the fourth quarter worth approximately $1,281,000. Diversified Trust Co acquired a new position in shares of Shopify in the 4th quarter valued at $279,000. Finally, CWA Asset Management Group LLC increased its holdings in shares of Shopify by 3.6% during the 4th quarter. CWA Asset Management Group LLC now owns 4,282 shares of the software maker’s stock worth $455,000 after buying an additional 148 shares during the last quarter. Institutional investors and hedge funds own 69.27% of the company’s stock.

About Shopify

Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.