Shopify Inc. - Class A Subordinate Voting Shares (SHOP) by event type

SHOP moves most on analyst downgrades — a median of -0.97% at 30 minutes across 49 measured events. Each row is measured over the last three years and read against the price at its own news timestamp. Back to the SHOP overview →

By event type

How SHOP reacts across 6 measured event types.

EventEventsMedian 30-min% positiveMedian to close
Analyst upgrades
1,900 of 2,717
88-0.16%44%+0.15%
Analyst downgrades
2,413 of 2,603
49-0.97%43%+0.00%
Coverage initiations
785 of 2,283
44+0.16%50%+0.30%
Rating reiterations
1,058 of 3,522
278+0.07%53%+0.46%
Price-target raises
275 of 1,790
134+0.17%55%+0.68%
Price-target cuts
1,234 of 1,527
55-0.18%35%-0.04%

Last 3 years, pulled 2026-09-21. Reaction = percent move vs. the price at the news timestamp. Counts and medians only. The rank under each event type orders every name measured for it by median 30-min reaction, most positive first — so a low rank on a downgrade means this name falls harder than most, not that it moves less. Names with an identical median share a rank; a name the cross-section does not carry shows no rank rather than a guessed one.

That’s how SHOP usually reacts — get an email when it moves on news →
Keep exploring

Every name measured for these event types: Analyst upgrades → · Analyst downgrades → · Coverage initiations → · Rating reiterations → · Price-target raises → · Price-target cuts → · SHOP overview →

Other Technology names, measured the same way

TickerEventsMedian 30-min% positive
Pixelworks, Inc. (PXLW)2220.00%49%
NETSOL Technologies Inc. (NTWK)2210.00%50%
Atomera Incorporated (ATOM)2200.00%50%
ENVISION SOLAR INTL (EVSI)2200.00%29%

Same sector, same measurement: percent move vs. the price at the news timestamp, read at 30 minutes. Sample sizes differ, so the medians are comparable but the confidence behind them is not.