Shopify Inc. ($SHOP) rose on May 13, 2026. Here's the breakdown of what drove the move and what traders are watching next.
What Happened
Down 2.90% today; e-commerce sector weakness; litigation headwinds (Sezzle lawsuit)
The Bull Case
Analyst target $151.94 well above current $96.94; e-commerce recovery potential; insider ownership 6.25%
The Bear Case
Down 2.90% today; extreme P/E 95.1x; EPS only $1.02; RSI 32.11 oversold but downtrend intact; legal risks
Price Target & What to Watch
$151.94 analyst target