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Shopify Inc (SHOP): Piper See Plenty of Growth Runway As Company Unveiled $2 Billion Buyback Plan

Shopify Inc (NASDAQ:SHOP) is among the best NFT stocks to invest in according to analysts. The company’s e-commerce platform allows creators to mint and sell NFTs like regular digital items. The company’s payment solutions allow NFT trades without the need for crypto wallets.

On March 12, Piper Sandler initiated coverage of Shopify Inc (NASDAQ:SHOP) with an Overweight rating and a price target of $165. The firm believes that Shopify is well-positioned to benefit from the continued growth of the global e-commerce market.

According to Piper, Shopify’s revenue growth could outpace expectations. While Wall Street is projecting Shopify revenue growth of 24% in 2027, Piper believes the growth could be stronger at 28%. The firm notes that the money that Shopify has been making from its new merchants in the first year has been increasing rapidly. As an example, it said Shopify’s revenue from first-year merchants soared from about $370 million in 2022 to $980 million in 2024.

Piper also highlighted Shopify’s large international growth opportunity, noting that some financial services have been rolled out in only a limited number of countries. Additionally, the firm sees more room for Shopify to grow its base of large merchants.

When Shopify reported its Q4 2025 results last month, the management highlighted a strong finish to 2025 and an even more promising 2026.

“2025 was Shopify at full throttle – driving compounding growth, while laying the rails for the new era of AI commerce…2026 will be the year of the builders, and we’ll be powering them – from first sale to full scale,” remarked Harley Finkelstein, Shopify’s president.

Shopify’s revenue rose 31% in Q4, and the company achieved a free cash flow margin of 19%. Shopify finished the year with $1.55 billion in cash and cash equivalents. The company’s board approved a $2 billion share repurchase program.

Canada-based Shopify Inc. (NASDAQ:SHOP) operates an e-commerce platform where merchants can set up and manage digital stores. On this platform, creators can mint NFTs and sell them like any other digital product. Shopify also offers payment solutions, which allows NFT trades on the platform without the need for a regular crypto wallet.

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: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. 

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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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Wall Street calls this $3 stock a “Melting Ice Cube.” They said the same thing about BTI before it returned 90%.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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Today, we have identified a nearly identical pattern in a digital-first giant trading at $3.

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