Analysts
Scores, price targets and rating changes published by the firms we track. Informational, not advice.
Rating scores
Each factor is scored 1 (weak) to 5 (strong).
- Overall3
- DCF2
- Return on equity4
- Return on assets5
- Debt / equity4
- P/E1
- P/B1
Average price target
Mean of the targets analysts published in each window.
Price target is not available for SHOP.TO.
Recent rating changes
The latest 40 changes by research firm, newest first.
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 2, 2026 | Keybanc | maintain | Overweight | Overweight |
| Oct 28, 2026 | Citigroup | maintain | Buy | Buy |
| Oct 23, 2026 | Oppenheimer | maintain | Outperform | Outperform |
| Oct 16, 2026 | RBC Capital | maintain | Outperform | Outperform |
| Oct 14, 2026 | Baird | maintain | Outperform | Outperform |
| Oct 12, 2026 | Cantor Fitzgerald | maintain | Neutral | Neutral |
| Oct 6, 2026 | JP Morgan | maintain | Overweight | Overweight |
| Sep 23, 2026 | Wedbush | maintain | Outperform | Outperform |
| Sep 8, 2026 | Piper Sandler | maintain | Overweight | Overweight |
| Aug 7, 2026 | Wells Fargo | maintain | Overweight | Overweight |
| Aug 6, 2026 | Wedbush | maintain | Outperform | Outperform |
| Aug 6, 2026 | UBS | maintain | Neutral | Neutral |
| Aug 6, 2026 | Truist Securities | maintain | Buy | Buy |
| Aug 6, 2026 | RBC Capital | maintain | Outperform | Outperform |
| Aug 6, 2026 | Goldman Sachs | maintain | Buy | Buy |
| Aug 6, 2026 | Evercore ISI Group | maintain | Outperform | Outperform |
| Aug 6, 2026 | DA Davidson | maintain | Buy | Buy |
| Aug 6, 2026 | Citizens | maintain | Market Outperform | Market Outperform |
| Aug 6, 2026 | Cantor Fitzgerald | maintain | Neutral | Neutral |
| Aug 6, 2026 | Canaccord Genuity | maintain | Buy | Buy |
| Aug 6, 2026 | Benchmark | maintain | Buy | Buy |
| Aug 6, 2026 | Barclays | maintain | Equal Weight | Equal Weight |
| Jul 24, 2026 | Citigroup | maintain | Buy | Buy |
| Jul 21, 2026 | Rothschild & Co | downgrade | Buy | Neutral |
| Jul 13, 2026 | Jefferies | upgrade | Hold | Buy |
| Jul 10, 2026 | Stifel | upgrade | Hold | Buy |
| May 6, 2026 | Wells Fargo | maintain | Overweight | Overweight |
| May 6, 2026 | UBS | maintain | Neutral | Neutral |
| May 6, 2026 | RBC Capital | maintain | Outperform | Outperform |
| May 6, 2026 | DA Davidson | maintain | Buy | Buy |
| May 6, 2026 | Citizens | maintain | Market Outperform | Market Outperform |
| May 6, 2026 | Citigroup | maintain | Buy | Buy |
| May 6, 2026 | Canaccord Genuity | maintain | Buy | Buy |
| May 6, 2026 | Barclays | maintain | Equal Weight | Equal Weight |
| May 5, 2026 | Needham | maintain | Buy | Buy |
| Apr 28, 2026 | Citigroup | maintain | Buy | Buy |
| Apr 6, 2026 | Wells Fargo | maintain | Overweight | Overweight |
| Mar 9, 2026 | Jefferies | maintain | Hold | Hold |
| Feb 17, 2026 | Truist Securities | upgrade | Hold | Buy |
| Feb 17, 2026 | Jefferies | maintain | Hold | Hold |