Shopify Stock Jumps on Analyst Price-Target Upgrades and Cooling Inflation — What’s Next for SHOP Shares (Dec. 18, 2025)
Shopify Inc. shares rallied on Thursday, December 18, as a fresh wave of Wall Street price-target increases collided with a friendlier macro backdrop for growth stocks. Shopify’s U.S.-listed shares (NASDAQ: SHOP) were up 3.6% to $167.56 in mid-afternoon pricing (as of 2:16 p.m. ET, delayed), after touching an intraday high of $172.96. The move pushed the stock to within roughly 8% of its 52-week high. Shopify Investors Investors have two clear narratives to digest today: a cluster of bullish analyst updates that revived the “$200 target” conversation, and a cooler U.S. inflation print that strengthened hopes the Federal Reserve can