On September 29, Shopify rose 3.16% in regular trading, trading at approximately $148.50 per share, with turnover of $2.23 billion. The gain was driven by continued momentum surrounding Shopify's deepening partnership with Meta on the Muse personal AI agent platform.

On the news front, Shopify CEO previously announced the integration of Shop Pay into Meta's Muse, enabling AI-driven agentic autonomous checkout. The feature allows users to search, select, and pay for products entirely within the Muse conversational interface without redirecting to merchant websites. This development has continued to catalyze market optimism around Shopify's positioning in the emerging Agent Commerce space.

Adding to the bullish sentiment, Wedbush previously raised its price target on Shopify to $176 from $155, citing the company's expanding role in global commerce and its buildout of agentic commerce capabilities through products like Catalog and API integrations. The firm highlighted Shopify's Q2 results, which broadly beat expectations with revenue of $3.58 billion (up 33.7% YoY), EPS of $1.16 versus the $0.30 consensus, and GMV of $115.57 billion. The company also guided Q3 revenue growth at a low-thirties percentage rate, above market expectations.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)