Jefferies has maintained a Buy rating on Shopify, whose shares recently reached a record high of $179.22, marking an 88% gain since mid-May. The stock's rise is linked to evolving investor sentiment on AI shopping agents, with Shopify integrating its Shop Pay service with Meta's Muse agent to facilitate purchases. Despite some caution from other analysts over potential AI-related costs, Shopify's revenue growth remains strong, and its next earnings report on November 3 will be crucial for confirming the stock's momentum.
Shopify shares trade at USD 167.62 on Pluang as of Oct 15, 2026 20:02 WIB, down 2.83% for the day. The stock recently hit a 52-week high of USD 179.22, reflecting strong investor interest around AI shopping innovations mentioned in the news. Despite the one-day dip, Shopify's market cap stands at $221.95 billion, with typical investors holding for 78 days, showing sustained engagement amid evolving AI integration.
In Q3 2026, the Polen Focus Growth Portfolio achieved a net return of 4.46%, outperforming the index return of 0.92%. Key contributors to this strong performance were holdings in ServiceNow, Shopify, and Microsoft. Conversely, Nvidia, Apple (which wa...
Morgan Stanley named eBay its top internet stock pick, highlighting live streaming auctions as a key growth driver now accounting for over 40% of eBay's gross merchandise volume. eBay shares rose 5%, outperforming Shopify and Etsy, which also gained ...
