Deutsche Bank Retains Buy Rating on Shopify (SHOP), Highlights Momentum in Agentic Commerce

Shopify Inc. (NASDAQ:SHOP) ranks among the best stocks to buy now for long term growth. On February 12, Deutsche Bank reduced its price target for Shopify Inc. (NASDAQ:SHOP) to $175 from $195 while retaining a Buy rating on the company’s shares. The firm attributed the target revision to adjustments in earnings estimates for fiscal years 2026 and 2027, predominantly due to tax rates.

According to Deutsche Bank, Shopify Inc. (NASDAQ:SHOP) has been making concrete efforts to lead in “Agentic commerce,” which the firm feels merits a premium value, especially considering the company continues to exhibit momentum in its main long-term growth plans.

While some investors may be dissatisfied by the absence of a substantial rise in free cash flow margins and continuing expenditures, the firm further emphasized Shopify’s scaling of new customer acquisition features, such as Campaigns, which saw merchant use triple and revenue double in 2025.

Shopify Inc. (NASDAQ:SHOP) is a global commerce company that provides tools and software for businesses to sell products online, in stores, and through social media or marketplaces.

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Disclosure: None. This article is originally published at Insider Monkey.