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Is Shopify (SHOP) The Best AI Ecommerce Stock to Buy in 2026?

Shopify Inc. (NASDAQ:SHOP) is one of the Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

E-commerce platform company Shopify Inc (NASDAQ:SHOP) ranks second on the list of the best stocks to buy for 2026 according to Cathie Wood. ARK has a $640.5 million stake in the company, down 18% from the previous quarter. A total of 101 funds in Insider Monkey’s database had stakes in Shopify Inc (NASDAQ:SHOP) as of the end of the December quarter, up from 91 funds in the previous quarter.

Shopify Inc (NASDAQ:SHOP) is pivoting to AI quickly with AI-powered storefronts and integrations to boost efficiency and engagement. In the fourth quarter, its gross merchandise value jumped 31% year over year despite a weak consumer environment. For Q1, Shopify Inc (NASDAQ:SHOP) expects over 30% revenue growth. SHOP bulls believe the company stands to benefit from the rise of agentic commerce, as the demand for AI-powered ecommerce solutions would increase in the future.

Patient Opportunity Equity Strategy stated the following regarding Shopify Inc. (NASDAQ:SHOP) in its fourth quarter 2025 investor letter:

“Shopify Inc. (NASDAQ:SHOP) is a cloud-based software provider for multi-channel commerce. Shares rose 8.3% in the fourth quarter, finishing 2025 up 51.1% on strong financial results that outperformed Street expectations. The company is demonstrating rapid growth at scale with gross merchandise value (GMV) and revenues each growing over 30% year-on-year. Business fundamentals are strong across geographies, customer types, verticals, channels, and commerce categories. In the third quarter, Shopify grew international GMV by 41%, offline by 31%, and B2B by 98% (all year-over-year). They signed Estee Lauder for Shopify Plus, a significant win for their enterprise strategy, which provides further evidence of the scalability of their platform. The company continues to make progress on its vertical total addressable market (TAM) expansion as well by deepening the solutions it offers merchants including ongoing success with their accelerated checkout (Shop Pay), growing adoption of Shopify payments, expansion of Shopify Capital, and other newer solutions such as their advertising solution, Shopify Campaigns, which is off to a strong start, with a 9 times increase in budget commitments from merchants year-over year. Shopify has also emerged as a leading enabler in the nascent AI-commerce category (shopping within Large Language Models (LLMs) chat-bots such as ChatGPT). We continue to own the stock and believe Shopify is a rare platform business that has many call options on future growth verticals, as the company’s culture and merchant obsession drives rapid product innovation, helping sustain growth for years to come.”

While we acknowledge the risk and potential of SHOP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SHOP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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