Cantor Fitzgerald Reiterates Neutral Rating on Shopify (SHOP)
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Rating Summary:
48 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 27 | New: 16
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Cantor Fitzgerald analyst Deepak Mathivanan reiterated a Neutral rating and $156.00 price target on Shopify (NASDAQ: SHOP).
The analyst commented, "Cross-border GMV represented 15% of total GMV in 2Q25 - with ~4% of GMV globally shipped under de minimis exemptions. The company has not seen any significant changes in GMV levels relating to merchants that shipped products under the de minimis exemption for China since the rules were changed in May."
For an analyst ratings summary and ratings history on Shopify click here. For more ratings news on Shopify click here.
Shares of Shopify closed at $140.85 yesterday.
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