Analyst raises Shopify price target to $180 amid strong e-commerce rally and Meta partnership

Seaport Global increased Shopify's price target from $175 to $180, reflecting an 8.3% upside from the current price of $166.16. Shopify's shares have surged 80% since May, pushing its market value above $205 billion. The rally is driven by a strategic partnership with Meta Platforms and growing demand from AI shopping agents, with analyst ratings largely positive. This momentum highlights Shopify's strong position in the e-commerce sector and potential for further growth.

As of Oct 09, 2026 00:31 WIB, Shopify trades on Pluang at USD 165.45, slightly down 0.30% in the last day. The stock's market capitalization on Pluang stands at $213.62 billion, reflecting its significant scale in the technology sector. Despite the recent analyst price target increase, Pluang order activity shows a strong selling sentiment with 99% of orders as sell. The most notable figure is the market cap of $213.62 billion, underscoring Shopify's large market presence.