Trump Just Named His Secret AI Project. It's Called "Golden Dawn."

When a secretive project gets a name, it means we're closer to a breakthrough than most people think. Behind the razor wire of a hidden government lab in Tennessee, 40,000 scientists are finishing work on an AI computer 283 trillion times more powerful than today's data centers — spanning more than 700 miles and built to speed up AI breakthroughs by 36,000%. When Golden Dawn launches, it could instantly leapfrog ChatGPT, Gemini, and Grok — and trigger a $100 trillion reset of the AI markets. Louis Navellier is revealing the one stock at the center of it — down to the ticker — but only through May 5th.

Click here to get the details, free.

Shopify’s Valuation Crisis Creates Opportunity in 2026

Submitted by Thomas Hughes. Originally Published: 5/5/2026.

The biggest issue with Shopify (NASDAQ: SHOP) stock is its valuation. The stock commands a significant premium, trading at more than 120x trailing earnings, but that premium is arguably justified by a robust outlook. The company self-funds growth, maintains a high-20% growth rate, and points to continued compounding results in the year ahead.

Looking further out, forward estimates remain strong, putting this stock in the low teens by 2035 and suggesting meaningful upside. In that scenario, Shopify’s stock could rise by 70% or more just to keep pace with broader market trends, and that does not include its emerging position as an AI-powered eCommerce leader.

The company is leaning heavily on its 20 years of eCommerce data to power agentic and assistant AI tools internally and for customers. Internal uses improve productivity and throughput, while customer-facing tools make it easier to build, manage, acquire clients, sell, and process payments at scale. Executives say this advantage puts Shopify in a category of one and expect the benefits to compound in 2026.

Shopify Accelerates Growth in Q1: Guides Hot

Shopify had a robust quarter, which is saying something for a company that has sustained high growth for years. Q1 results showed an acceleration from both the prior quarter and the prior year, with revenue up 34.3% and ahead of consensus by 250 basis points (bps). Strength came from every geography, merchant size, and channel, with gross merchandise volume up 34.7%, monthly recurring revenue up 16.5%, and solid performance in both subscriptions and merchant services. Subscriptions were the weakest area, rising just 21%, but that was offset by services penetration, which increased by nearly 40%.

Margins were another bright spot, despite a decline in GAAP results caused by a one-time non-cash item. The company saw gross margin pressure, but it managed the environment well, with gross profit growth trailing revenue growth by only 210 bps and operational strength offsetting the difference. Operating income increased by 88% and, just as importantly, the free cash flow margin held steady at 15%.

Guidance remains a bullish catalyst for the stock, although it was not enough to immediately support price action after the release. The company expects revenue growth in the high-20% range, compared with the 26.75% consensus estimate, along with a mid-teens free cash flow margin. The main concern is higher spending, which is weighing on the profitability outlook. The counterpoint is that investment in operations and AI has been paying off and is likely to continue doing so.

Bullish Analysts Enter Wait-and-See Mode

The analyst response was ultimately constructive for the stock, even if near-term headwinds have emerged. No analyst revisions were issued immediately after the report, but several commentaries noted slowing growth and increased spending.

The important takeaway is that the group of 44 analysts provides strong conviction behind the Moderate Buy rating. There is a 77% Buy-side bias, coverage has been increasing, and the price target trend remained positive in early May. Consensus points to about 40% upside relative to key support targets, with the high end adding double-digit gains beyond that.

Institutions remain a concern for Shopify investors in 2026. The group owns nearly 70% of the stock and has been distributing aggressively, with activity accelerating sequentially into Q1 2026. The pace is also steep, at about $3.5-to-$1, and has been central to the stock’s price action over the past few quarters. The good news is that early Q2 activity shifted back toward accumulation, helping cement the market floor. Even so, there is a risk that institutions could sell into any rally that develops.

Shopify Stock Is at Rock Bottom in 2026

Shopify stock may struggle to advance until later this year, but it is not expected to fall sharply either. The market shows clear support at the 150-week exponential moving average, a trigger point for long-term buy-and-hold investors, including institutional traders. The most likely outcome is that Shopify trades sideways within its current range, potentially retreating to the $110 level or slightly below before rebounding.

Catalysts in 2026 include the buyback authorized at the end of FY2025. Worth $1 billion, it underscores management's confidence in the company’s financial position and has already begun to provide support for shareholders. While incremental, sequential share count reductions will add up over time and help lift the stock. Future catalysts could include additional buyback authorization and dividends. Risks include growing competition from names like Amazon (NASDAQ: AMZN) and Mercado Libre (NASDAQ: MELI), which continue to gain commerce share in developing and emerging markets.