Shopify Stock (SHOP) Today: UBS Sees 15–20% Growth Potential as Temu App and AI Upgrades Shape the 2026 Outlook
Shopify shares fell about 1.6% to $161.55 Monday after opening near $164.19 and trading as high as $169.39. UBS reiterated a Neutral rating and $165 target, citing multi-year growth potential but noting valuation risks. Temu launched a Shopify app for merchants, adding a new sales channel.