BIST10014.209,32▼ 0.00%Russia's 1 Trillion Ruble Budget Increase: Defense Spending Surge and Economic ImplicationsUSD/TRY47.2694▲ 0.20%TSMC's USD 100 Billion Investment in the US: Impact on the Chip SectorEUR/TRY54.0276▲ 0.30%Russia's 2026 Budget Deficit Surges to 4.83 Trillion Rubles as Defense Spending SoarsBTC/USD$64,117.12▼ -0.92%Eurozone Manufacturing Crisis: Structural Bottlenecks and ECB's Policy DilemmaGOLD6.110,52▲ 0.15%Saat ve Saat's Bourse Debut: Turkey's Watch Sector Leader's Market EntryBRENT$84.20▼ 0.00%CHP's New Party Plan: Transition Could Slip to August with 80 Deputies Dollar’s Geopolitical Response: Asian Currencies Stay Cautious While Signaling RebalancingBIST10014.209,32▼ 0.00%Russia's 1 Trillion Ruble Budget Increase: Defense Spending Surge and Economic ImplicationsUSD/TRY47.2694▲ 0.20%TSMC's USD 100 Billion Investment in the US: Impact on the Chip SectorEUR/TRY54.0276▲ 0.30%Russia's 2026 Budget Deficit Surges to 4.83 Trillion Rubles as Defense Spending SoarsBTC/USD$64,117.12▼ -0.92%Eurozone Manufacturing Crisis: Structural Bottlenecks and ECB's Policy DilemmaGOLD6.110,52▲ 0.15%Saat ve Saat's Bourse Debut: Turkey's Watch Sector Leader's Market EntryBRENT$84.20▼ 0.00%CHP's New Party Plan: Transition Could Slip to August with 80 Deputies Dollar’s Geopolitical Response: Asian Currencies Stay Cautious While Signaling Rebalancing

Global MarketsJuly 16, 2026 at 10:05 AM

Shopify Stock Upgraded to 'Buy' as AI and Commission Reforms Drive Growth Expectations

724FinanceKaptan Rıza Deniz

Shopify Stock Upgraded to 'Buy' as AI and Commission Reforms Drive Growth Expectations

Shopify (SHOP) shares rose on July 13 following a 'Buy' upgrade from Jefferies analyst Samad Samana, who set a $160 price target implying nearly 30% upside. Samana highlighted Shopify's potential as the 'infrastructure layer for agentic commerce' and emphasized AI integrations and a new commission model to accelerate high-margin growth. The firm is expected to beat Q2 EPS estimates at 0.28, with Jefferies maintaining a 'Strong Buy' rating and a $150 mean price target. Long-term, robust AI enhancements could pave the way for another price increase in 2027. Shopify's historical seasonal gains in July and August (5% and 6.61% respectively) also bolster near-term appeal. How Markets React?