From Yahoo Finance: 2025-06-06 16:23:00

Wells Fargo analyst raised Shopify stock price target to $125, calling it their “signature pick” amid the AI revolution. Shopify’s shares rose 6% on the news, showing potential as an AI beneficiary. CEO Tobi Lütke emphasized AI integration in operations. Shopify launched AI solutions like Shopify Magic and Sidekick, enhancing merchant experience. Despite high valuation, Shopify remains an AI innovator with 600+ new features. Consider other top stock picks from Motley Fool’s Stock Advisor. Past recommendations like Netflix and Nvidia yielded significant returns. Wells Fargo is a Motley Fool advertising partner. Shopify stock’s rise signals AI potential.



Read more at Yahoo Finance: Why Shopify Stock Popped Today