Shopify is trading 6.41% higher at $161.10 on October 5, driven by fresh analyst commentary and advancements in its AI-powered commerce capabilities. - Piper Sandler reiterated an "Overweight" rating and $180.00 price target, citing increased demand for agentic shopping tools. - The company is expanding its AI-powered checkout systems, allowing browser-based AI agents to place orders directly through Shopify Checkout and Shop Pay. - Shopify also launched Canvas, an AI chat-based store builder for merchants.