Shopify stock is trading -8.22% below its average target price of $114.64 after dropping -3.6% during today's afternoon session. Analysts are giving the Large-Cap Software company an average rating of buy and target prices ranging from $85.0 to $135.0 per share.
Shopify's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.9%. The stock's short ratio is 1.54. The company's insiders own 0.19% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 72.3%. In conclusion, we believe there is mixed market sentiment regarding Shopify.
Institutions Invested in Shopify
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-03-31 | BAILLIE GIFFORD & CO | 5% | 55,877,748 | $5,878,897,815 |
| 2025-03-31 | Capital World Investors | 4% | 52,101,843 | $5,481,634,854 |
| 2025-03-31 | FMR, LLC | 4% | 49,239,719 | $5,180,510,790 |
| 2025-03-31 | Vanguard Group Inc | 4% | 47,962,280 | $5,046,111,434 |
| 2025-03-31 | Capital International Investors | 3% | 35,318,518 | $3,715,861,246 |
| 2025-03-31 | Price (T.Rowe) Associates Inc | 3% | 34,008,966 | $3,578,083,281 |
| 2025-03-31 | Morgan Stanley | 2% | 30,040,695 | $3,160,581,493 |
| 2025-03-31 | JPMORGAN CHASE & CO | 2% | 28,110,871 | $2,957,544,712 |
| 2025-03-31 | Capital Research Global Investors | 2% | 23,292,570 | $2,450,611,268 |
| 2025-03-31 | Royal Bank of Canada | 2% | 19,545,576 | $2,056,390,033 |
