Shopify (SHOP) Stock Forecast & Price Target
SHOP Analyst Ratings
Strong Buy
31Buy3Hold0Sell
Based on 34 analysts giving stock ratings to Shopify in the past 3 months
SHOP Stock 12 Month Forecast
Average Price Target
$178.80▲(14.45% Upside)Based on 34 Wall Street analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is $178.80 with a high forecast of $220.00 and a low forecast of $128.64. The average price target represents a 14.45% change from the last price of $156.22.
Past 12 Months12 Month ForecastJan2026Oct2026
High$220.00
Average$178.80
Low$128.64
Highest Price TargetHighest$220.00Average Price Target$178.80Lowest Price TargetLowest$128.64
Detailed List of Analyst Forecasts
Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Mark Zgutowicz | StoneX | $170 | buy | 8.82%Upside | Reiterated | 11/02/26 | ||
| Justin Patterson | KeyBanc | $180→$185 | buy | 18.42%Upside | Reiterated | 11/02/26 | ||
| Tyler Radke | Citi | $196→$216 | buy | 38.27%Upside | Reiterated | 10/28/26 | ||
| Adam Wood | Morgan Stanley | $192 | buy | 22.90%Upside | Reiterated | 10/27/26 | ||
| Kenneth Wong | Oppenheimer | $175→$205 | buy | 31.23%Upside | Reiterated | 10/23/26 | ||
| Paul Treiber | RBC Capital | $200 | buy | 28.02%Upside | Reiterated | 10/23/26 | ||
| Bryan Smilek | J.P. Morgan | ― | buy | ― | Reiterated | 10/15/26 | ||
| Colin Sebastian | Robert W. Baird | $160→$190 | buy | 21.62%Upside | Reiterated | 10/14/26 | ||
| Samad Samana | Jefferies | $175 | buy | 12.02%Upside | Reiterated | 10/14/26 | ||
| Deepak Mathivanan | Cantor Fitzgerald | $145→$158 | hold | 1.14%Upside | Reiterated | 10/12/26 | ||
| Jeff Cantwell | Seaport Global | $175→$180 | buy | 15.22%Upside | Reiterated | 10/08/26 | ||
| Todd Coupland | CIBC | $220 | buy | 40.83%Upside | Reiterated | 10/07/26 | ||
| Mark Shmulik | Bernstein | $160 | buy | 2.42%Upside | Reiterated | 09/28/26 | ||
| Siti Panigrahi | Mizuho Securities | $180 | buy | 15.22%Upside | Reiterated | 09/23/26 | ||
| Ygal Arounian | Wedbush | $176 | buy | 12.66%Upside | Reiterated | 09/23/26 |
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Mark Zgutowicz | 11/02/26 | $170 | buy | 8.82%Upside | Reiterated | StoneX | ||
| Justin Patterson | 11/02/26 | $180→$185 | buy | 18.42%Upside | Reiterated | KeyBanc | ||
| Tyler Radke | 10/28/26 | $196→$216 | buy | 38.27%Upside | Reiterated | Citi | ||
| Adam Wood | 10/27/26 | $192 | buy | 22.90%Upside | Reiterated | Morgan Stanley | ||
| Kenneth Wong | 10/23/26 | $175→$205 | buy | 31.23%Upside | Reiterated | Oppenheimer | ||
| Paul Treiber | 10/23/26 | $200 | buy | 28.02%Upside | Reiterated | RBC Capital | ||
| Bryan Smilek | 10/15/26 | ― | buy | ― | Reiterated | J.P. Morgan | ||
| Colin Sebastian | 10/14/26 | $160→$190 | buy | 21.62%Upside | Reiterated | Robert W. Baird | ||
| Samad Samana | 10/14/26 | $175 | buy | 12.02%Upside | Reiterated | Jefferies | ||
| Deepak Mathivanan | 10/12/26 | $145→$158 | hold | 1.14%Upside | Reiterated | Cantor Fitzgerald | ||
| Jeff Cantwell | 10/08/26 | $175→$180 | buy | 15.22%Upside | Reiterated | Seaport Global | ||
| Todd Coupland | 10/07/26 | $220 | buy | 40.83%Upside | Reiterated | CIBC | ||
| Mark Shmulik | 09/28/26 | $160 | buy | 2.42%Upside | Reiterated | Bernstein | ||
| Siti Panigrahi | 09/23/26 | $180 | buy | 15.22%Upside | Reiterated | Mizuho Securities | ||
| Ygal Arounian | 09/23/26 | $176 | buy | 12.66%Upside | Reiterated | Wedbush |
Stocks with the Highest Top Analyst Consensus in the General Sector
Best Analysts Covering Shopify
3 Months
Success Rate17/22 ratings generated profit
77%
Average Return
+12.75%
Copying Andrew Boone's trades and holding each position for 3 Months would result in 77.27% of your transactions generating a profit, with an average return of +12.75% per trade.
1 Year
Success Rate15/15 ratings generated profit
100%
Average Return
+48.19%
Copying Bhavin Shah's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +48.19% per trade.
2 Years
Success Rate15/15 ratings generated profit
100%
Average Return
+92.00%
Copying Bhavin Shah's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +92.00% per trade.
SHOP Analyst Recommendation Trends
| Rating | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|
| Strong Buy | 9 | 2 | 2 | 0 | 0 |
| Buy | 24 | 36 | 39 | 42 | 19 |
| Hold | 5 | 4 | 4 | 4 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| total | 38 | 42 | 45 | 46 | 20 |
In the current month, SHOP has received 19 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. SHOP average Analyst price target in the past 3 months is 178.80.
SHOP Financial Forecast
High$0.91
Consensus$0.67
Low$0.53
SHOP Earnings Forecast
Next quarter’s earnings estimate for SHOP is $0.67 with a range of $0.53 to $0.91. The previous quarter’s EPS was $0.49. Its overall industry beat the EPS estimate 50.49% of the time in the past 12 months.
High$4.96B
Consensus$4.79B
Low$4.52B
SHOP Sales Forecast
Next quarter’s sales forecast for SHOP is $4.79B with a range of $4.52B to $4.96B. The previous quarter’s sales results were $3.74B. Its overall industry beat sales estimates 63.25% of the time in the past 12 months.
SHOP Stock Forecast FAQ
What is SHOP’s average 12-month price target, according to analysts?
Based on analyst ratings, Shopify’s 12-month average price target is $178.80.
What is SHOP’s upside potential, based on the analysts’ average price target?
Shopify has 14.45% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SHOP a Buy, Sell or Hold?
Shopify has a consensus rating of Strong Buy which is based on 31 buy ratings, 3 hold ratings and 0 sell ratings.
What is Shopify’s price target?
The average price target for Shopify is $178.80. This is based on 34 12-month price targets, issued in the past 3 months. The highest analyst price target is $220.00, the lowest forecast is $128.64. The average price target represents a 14.45% increase from the current price of $156.22.
What do analysts say about Shopify?
Shopify’s analyst rating consensus is a Strong Buy. This is based on the ratings of 34 Wall Street analysts.
How can I buy shares of SHOP?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
