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Shopify Surges as Analysts Hold, QRG Sells Stake

10/12/2025

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Story summary
  • QRG Capital Management Inc. reduced its stake in Shopify Inc. by 6.1% in Q2 2025, now holding 4,262 shares valued at $492,000.
  • Brighton Jones LLC and GAMMA Investing LLC increased their positions in Shopify.
  • Shopify's stock opened at $151.02, with a market cap of $196.27 billion, and reported Q2 earnings of $0.35 per share, exceeding estimates.
  • Analysts maintain a "Hold" rating with an average price target of $151.95.
  • Shopify is enhancing tools for physical retail and integrating with OpenAI's ChatGPT, which may drive future growth.