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Truist Upgrades Shopify Inc. (SHOP) to Buy from Hold and Raises its Price Target to $150

Shopify Inc. (NASDAQ:SHOP) is among the 12 Best Tech Stocks that Beat Earnings Estimates.

On February 17, 2026, Truist upgraded Shopify Inc. (NASDAQ:SHOP) to Buy from Hold and raised its price target to $150 from $110. Truist said Shopify is one of the few software companies showing strong, accelerating growth and views the recent large drawdown in software valuations tied to AI fears as an attractive entry point for long-term investors. Truist added that Shopify can benefit from agentic commerce and continue expanding beyond its current 14%-plus share of U.S. e-commerce.

On February 16, 2026, Jefferies analyst Samad Samana lowered his price target to $125 from $160 and maintained a Hold rating after what he described as strong Q4 results and encouraging Q1 guidance. Samad Samana said the model was updated to reflect revised forecasts and multiple compressions across the software space.

Pachai Leknettip/Shutterstock.com

On February 11, 2026, Shopify reported Q4 revenue of $3.67B versus consensus of $3.59B. President Harley Finkelstein said “2025 was Shopify at full throttle,” highlighting compounding growth while positioning for AI commerce. CFO Jeff Hoffmeister said the company closed Q4 with revenue up 31% year-over-year and a 19% free cash flow margin, bringing full-year revenue growth to 30% and a 17% free cash flow margin. He added that the company invested in Catalog, Sidekick, Universal Commerce Protocol, and its broader commerce platform while delivering strong margins.

Shopify Inc. (NASDAQ:SHOP) provides commerce technology tools that enable businesses of various sizes to start, scale, market, and operate across multiple regions globally.

While we acknowledge the potential of SHOP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHOP and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street.

Disclosure: None.

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

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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