The Market Is Panicking About Shopify and AI -- Here's Why I'm Buying the Dip

By Matt Frankel, CFP – Mar 23, 2026 at 7:33AM ESTShopify (SHOP 4.76%) has been beaten down in 2026, and one of the main reasons is that investors are concerned about AI disrupting software platforms like the one Shopify operates. To put it mildly, I don't buy it. In this short video, I explain why. *Stock prices used were the morning prices of March 20, 2026. The video was published on March 21, 2026. Read NextMar 13, 2026 •By Trevor JennewinePrediction: 2 AI Stocks Will Be Worth More Than Palantir Technologies in 5 YearsMar 4, 2026 •By Rick OrfordMassive News: Shopify's Google AI Integration Just Drove 15X Order GrowthFeb 24, 2026 •By James BrumleyThe Best Stocks to Invest $50,000 in Right NowFeb 17, 2026 •By Motley Fool StaffShopify's Whiplash DayFeb 13, 2026 •By Trevor JennewineSoftware Bear Market: 2 AI Stocks With 55% and 92% Upside to Buy Now, According to Wall StreetFeb 11, 2026 •By Daniel SparksWhy I'm Not Buying the Dip in Shopify StockAbout the AuthorMatt Frankel, CFP, is a contributing Motley Fool stock market analyst specializing in the real estate and financial sectors. Prior to The Motley Fool, Matt taught high school and college mathematics. He holds a bachelor’s degree in physics from the University of South Carolina, a master’s degree in mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. He won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act. He is also regularly interviewed by Cheddar, Globe St, The National Desk, and other TV networks and publications for his real estate, financial, stock market, and investing expertise.TMFMattFrankelX@MattFrankelCFPStocks MentionedShopifyNASDAQ: SHOP$116.55(-4.76%)-$5.82*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.