Shopify stock stirs buy-the-dip talk as $2B buyback meets AI disruption fears
Shopify will launch a $2 billion share buyback on Feb. 17 after reporting Q4 revenue up 31% to $3.67 billion and GMV of $123.84 billion. Stifel cut its price target and kept Hold, while D.A. Davidson reiterated Buy. Shares last traded near $112.70, still below 2025 highs. Wall Street remains split on whether AI-driven “agentic commerce” will boost or bypass Shopify’s core business.