Joshua Kushner's Thrive Capital has invested about $100 million in Shopify, betting that artificial intelligence could enhance commerce, Bloomberg reported Thursday (May 14), citing unnamed sources. Neither Shopify nor Thrive Capital immediately replied to PYMNTS' request for comment.
AI-driven traffic to SHOP stores surges 8x and AI orders nearly 13X in Q1 2026, as Sidekick and big AI integrations fuel growth.
Shopify (SHOP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
While Baron First Principles ETF (RONB) holds positions in founder Elon Musk's Tesla and SpaceX, a deeper look reveals a portfolio full of high-conviction holdings. Guided by the firm's First Principles philosophy, RONB includes companies such as MSCI, Shopify, Hyatt, Charles Schwab, and FactSet Research Systems.
SHOP beat Q1 2026 estimates as revenues jump 34% and GMV stays above $100B, lifted by B2B, offline scale and Sidekick AI.
Shopify (NASDAQ:SHOP | SHOP Price Prediction) has had a brutal start to 2026, with shares down 33.14% year to date after peaking near $163.14 in December 2025.
SHOP's AI-driven traffic surges 8x as Q1 2026 revenue rose 34% to $3.17B???yet higher AI costs and tough rivals loom.
Shopify (SHOP) remains a 'Buy' after its Q1 2026 post-earnings dip, with catalysts intact and valuation reset meaningfully. Q1 results showed GMV up 37% YoY to $100.7B, revenue up 34% YoY to $3.17B, and strong FCF margin at ~15%. AI-driven commerce and agentic AI integrations are driving exponential early growth in traffic and orders, supporting long-term bullishness.
The most pressing problem with Shopify NADAQ: SHOP stock is its valuation. The stock commands a significant premium, trading at over 120X trailing earnings, but it is well-deserved and prices in a robust outlook.
Shopify Inc (TSX:SH., NYSE:SHOP) shares fell sharply on Wednesday, dropping 13.5% after the company reported mixed first quarter 2026 results that paired strong revenue growth with a sizeable loss and guidance that largely met expectations rather than exceeding them.
Shopify Inc. (SHOP) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Shopify (SHOP) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.