Shopify Downgraded to Hold Rating by Phillip Securities Analyst Helena Wang

Shopify was downgraded to a Hold rating by Phillip Securities analyst Helena Wang, with a price target of $150. Wang is a 3-star analyst with a 15.1% average return and 53.33% success rate. The company has a one-year high of $156.85 and a one-year low of $65.86, with a current average volume of 10.29M. Corporate insider sentiment is negative, with an increase in insider selling over the past quarter.

Phillip Securities analyst Helena Wang has downgraded Shopify Inc. (SHOP) to a Hold rating, with a price target of $150. Wang is a 3-star analyst with a 15.1% average return and a 53.33% success rate. This move comes amidst a series of upward revisions in price targets by various analysts in recent weeks.

Shopify, which offers an e-commerce platform primarily to small and medium-size businesses, has seen its stock price fluctuate significantly over the past year. The company reached a one-year high of $156.85 and a one-year low of $65.86, with a current average volume of 10.29 million shares. Corporate insider sentiment remains negative, with an increase in insider selling over the past quarter.

The recent downgrade follows a series of upward revisions in price targets. RBC Capital analyst Paul Treiber recently downgraded Shopify to a Hold rating with a price target of C$220.00, citing a premium valuation. Meanwhile, Truist Securities has raised its price target to $150, maintaining a Hold rating, marking a 57.89% increase from its previous target of $95.00.

Shopify's strong performance in the second quarter of 2025, driven by international and enterprise gains, has been cited as a key factor in the upward revisions of price targets by various analysts. However, the company's recent performance has been remarkable, with the company achieving its largest revenue beat since 2021 and accelerating growth to 31% at an annualized revenue of $11 billion.

Despite the recent downgrade, Shopify's market positioning and growth potential make it a long-term winner in the commerce market, according to William Blair analyst Arjun Bhatia, who maintains a bullish outlook on the stock.

References:
[1] https://www.gurufocus.com/news/3045433/truist-securities-raises-shopify-shop-price-target-to-150-shop-stock-news?mobile=true
[2] https://www.investing.com/news/company-news/shopify-stock-hits-52week-high-at-14516-usd-93CH-4173546
[3] https://www.ainvest.com/news/rbc-capital-downgrades-shopify-hold-sets-price-target-220-2508/