Shopify shares fell 46% from their peak following soft guidance. CNBC’s Jim Cramer labels the stock undervalued on "Mad Money." Cramer notes that impatient investors created a significant entry point.
A group of 53 Wall Street analysts set a median price target for the company. The target is $150 per share. This figure represents a 55% upside from current levels.
Digital commerce leadership and AI investments drive the company's growth outlook. Q1 revenue increased 34%. Total revenue reached $3.1 billion. Management projects slower growth for the rest of 2026.