Shopify Trading Volume Drops 47% to $629 Million, Ranks 158th in Daily Volume

On July 15, 2025, Shopify's trading volume reached $629 million, marking a 47.07% decrease from the previous day. The stock closed at $1.45, ranking 158th in the day's trading volume.

Several analysts have recently adjusted their price targets for Shopify. Stifel increased its target from $100 to $110, while Morgan Stanley raised its target to $112 from $106. Additionally, Baird maintained an outperform rating and increased its target from $110 to $120. DA Davidson also boosted its target from $115 to $125, assigning a buy rating. Needham set a price target of $135, citing a 26.6X EV/FY26 gross profit multiple.