Shopify (SHOP) Stock Forecast & Price Target

Compare

22,322 Followers

See the Price Targets and Ratings of:

All Analysts

Top Analysts

Premium

SHOP Analyst Ratings

Moderate Buy

18 Buy

13 Hold

0 Sell

Based on 31 analysts giving stock ratings to

Shopify

in the past 3 months

TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months

SHOP Stock 12 Month Forecast

Average Price Target

$175.51

▲(7.73% Upside)

Based on 31 Wall Street analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is $175.51 with a high forecast of $200.00 and a low forecast of $140.00. The average price target represents a 7.73% change from the last price of $162.92.

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"77":"$77","108":"$108","139":"$139","170":"$170","201":"$201"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":200,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">$200.00</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":175.51,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">$175.51</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":140,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">$140.00</span>\n  </div></div>","useHTML":true}}],"tickPositions":[77,108,139,170,201],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Feb<br/>2025","6":"May<br/>2025","9":"Aug<br/>2025","12":"Nov<br/>2025","25":"Nov<br/>2026"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,173.86,175.87076923076924,177.88153846153847,179.8923076923077,181.90307692307692,183.91384615384615,185.92461538461538,187.93538461538463,189.94615384615386,191.9569230769231,193.96769230769232,195.97846153846154,197.98923076923077,{"y":200,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,173.86,173.9869230769231,174.11384615384617,174.24076923076925,174.36769230769232,174.4946153846154,174.62153846153848,174.74846153846153,174.8753846153846,175.00230769230768,175.12923076923076,175.25615384615384,175.3830769230769,{"y":175.51,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,173.86,171.25538461538463,168.65076923076924,166.04615384615386,163.44153846153847,160.83692307692309,158.2323076923077,155.6276923076923,153.02307692307693,150.41846153846154,147.81384615384616,145.20923076923077,142.60461538461539,{"y":140,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":78.99,"date":1730419200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 33,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 21, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":112.98,"date":1733011200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 35,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":106.33,"date":1735689600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 20, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":116.8,"date":1738368000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 45,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 20, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":112,"date":1740787200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 40,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":97.64,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 48,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":97.01,"date":1746057600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 45,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":106.54,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 42,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":112.67,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 36,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":118.6,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 24, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":139.04,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 23, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":149.57,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":173.86,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 28,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Highest Price Target$200.00

Average Price Target$175.51

Lowest Price Target$140.00

The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts

Thanos Moschopoulos

BMO Capital

$180→$190

Buy

16.62%

Upside

Reiterated

11/05/25

Shopify price target raised to $190 from $180 at BMO CapitalShopify price target raised to $190 from $180 at BMO Capital

Gil Luria

D.A. Davidson

$185→$195

Buy

19.69%

Upside

Reiterated

11/05/25

Shopify price target raised to $195 from $185 at DA DavidsonShopify price target raised to $195 from $185 at DA Davidson

Keith Weiss

Morgan Stanley

$165→$192

Buy

17.85%

Upside

Reiterated

11/05/25

New Buy Rating for Shopify (SHOP), the Technology Giant

Mark Zgutowicz

Benchmark Co.

$195

Buy

19.69%

Upside

Reiterated

11/05/25

New Buy Rating for Shopify (SHOP), the Technology Giant

Justin Patterson

KeyBanc

$200

Buy

22.76%

Upside

Reiterated

11/05/25

Shopify (SHOP): New Buy Recommendation for This Technology Giant

Reginald Smith

J.P. Morgan

$179→$180

Buy

10.48%

Upside

Reiterated

11/05/25

Shopify price target raised to $180 from $179 at JPMorganShopify price target raised to $180 from $179 at JPMorgan

Todd Coupland

CIBC

$185→$200

Buy

22.76%

Upside

Reiterated

11/05/25

Shopify price target raised to $200 from $185 at CIBCShopify price target raised to $200 from $185 at CIBC

Timothy Chiodo

UBS

$145→$165

Hold

1.28%

Upside

Reiterated

11/05/25

Shopify price target raised to $165 from $145 at UBSShopify price target raised to $165 from $145 at UBS

Terry Tillman

Truist Financial

$150→$155

Hold

-4.86%

Downside

Reiterated

11/05/25

Shopify's Mixed Financial Indicators and Macroeconomic Uncertainties Justify Hold Rating

Kevin Krishnaratne

Scotiabank

$150→$165

Hold

1.28%

Upside

Reiterated

11/05/25

Scotiabank Reaffirms Their Hold Rating on Shopify (SHOP)

Scott Berg

Needham

$180

Buy

10.48%

Upside

Reiterated

11/05/25

Optimistic Buy Rating on Shopify Driven by Strong Q3 Performance and GMV Growth

Deepak Mathivanan

Cantor Fitzgerald

$156→$181

Hold

11.10%

Upside

Reiterated

11/04/25

Shopify price target raised to $181 from $156 at Cantor FitzgeraldShopify price target raised to $181 from $156 at Cantor Fitzgerald

Daniel Chan

TD Securities

$156

Hold

-4.25%

Downside

Reiterated

11/04/25

Shopify trading down on 'soft' cash flow outlook, says TD SecuritiesShopify trading down on 'soft' cash flow outlook, says TD Securities

Tyler Radke

Citi

$195

Buy

19.69%

Upside

Reiterated

11/04/25

Shopify's Strong Financial Performance and Growth Potential: A Buy Rating by Tyler RadkeWe expect shares to outperform peers on the back of accelerating growth and continued resilience.

Bradley Sills

Bank of America Securities

$185→$190

Buy

16.62%

Upside

Reiterated

11/04/25

Shopify price target raised to $190 from $185 at BofAShopify price target raised to $190 from $185 at BofA

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Thanos Moschopoulos

BMO Capital

$180→$190

Buy

16.62%

Upside

Reiterated

11/05/25

Shopify price target raised to $190 from $180 at BMO CapitalShopify price target raised to $190 from $180 at BMO Capital

Gil Luria

D.A. Davidson

$185→$195

Buy

19.69%

Upside

Reiterated

11/05/25

Shopify price target raised to $195 from $185 at DA DavidsonShopify price target raised to $195 from $185 at DA Davidson

Keith Weiss

Morgan Stanley

$165→$192

Buy

17.85%

Upside

Reiterated

11/05/25

New Buy Rating for Shopify (SHOP), the Technology Giant

Mark Zgutowicz

Benchmark Co.

$195

Buy

19.69%

Upside

Reiterated

11/05/25

New Buy Rating for Shopify (SHOP), the Technology Giant

Justin Patterson

KeyBanc

$200

Buy

22.76%

Upside

Reiterated

11/05/25

Shopify (SHOP): New Buy Recommendation for This Technology Giant

Reginald Smith

J.P. Morgan

$179→$180

Buy

10.48%

Upside

Reiterated

11/05/25

Shopify price target raised to $180 from $179 at JPMorganShopify price target raised to $180 from $179 at JPMorgan

Todd Coupland

CIBC

$185→$200

Buy

22.76%

Upside

Reiterated

11/05/25

Shopify price target raised to $200 from $185 at CIBCShopify price target raised to $200 from $185 at CIBC

Timothy Chiodo

UBS

$145→$165

Hold

1.28%

Upside

Reiterated

11/05/25

Shopify price target raised to $165 from $145 at UBSShopify price target raised to $165 from $145 at UBS

Terry Tillman

Truist Financial

$150→$155

Hold

-4.86%

Downside

Reiterated

11/05/25

Shopify's Mixed Financial Indicators and Macroeconomic Uncertainties Justify Hold Rating

Kevin Krishnaratne

Scotiabank

$150→$165

Hold

1.28%

Upside

Reiterated

11/05/25

Scotiabank Reaffirms Their Hold Rating on Shopify (SHOP)

Scott Berg

Needham

$180

Buy

10.48%

Upside

Reiterated

11/05/25

Optimistic Buy Rating on Shopify Driven by Strong Q3 Performance and GMV Growth

Deepak Mathivanan

Cantor Fitzgerald

$156→$181

Hold

11.10%

Upside

Reiterated

11/04/25

Shopify price target raised to $181 from $156 at Cantor FitzgeraldShopify price target raised to $181 from $156 at Cantor Fitzgerald

Daniel Chan

TD Securities

$156

Hold

-4.25%

Downside

Reiterated

11/04/25

Shopify trading down on 'soft' cash flow outlook, says TD SecuritiesShopify trading down on 'soft' cash flow outlook, says TD Securities

Tyler Radke

Citi

$195

Buy

19.69%

Upside

Reiterated

11/04/25

Shopify's Strong Financial Performance and Growth Potential: A Buy Rating by Tyler RadkeWe expect shares to outperform peers on the back of accelerating growth and continued resilience.

Bradley Sills

Bank of America Securities

$185→$190

Buy

16.62%

Upside

Reiterated

11/04/25

Shopify price target raised to $190 from $185 at BofAShopify price target raised to $190 from $185 at BofA

Stocks with the Highest Top Analyst Consensus in the Technology Sector

xxx

Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Shopify

1 Month

xxx

Success Rate

17/23 ratings generated profit

Average Return

+5.84%

reiterated a xxx

rating yesterday

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 73.91% of your transactions generating a profit, with an average return of +5.84% per trade.

3 Months

xxx

Success Rate

15/18 ratings generated profit

Average Return

+21.15%

reiterated a xxx

rating yesterday

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 83.33% of your transactions generating a profit, with an average return of +21.15% per trade.

1 Year

Todd CouplandCIBC

Success Rate

21/21 ratings generated profit

Average Return

+78.60%

reiterated a buy rating yesterday

Copying Todd Coupland'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 +78.60% per trade.

2 Years

xxx

Success Rate

18/18 ratings generated profit

Average Return

+169.22%

reiterated a xxx

rating yesterday

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +169.22% per trade.

The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

SHOP Analyst Recommendation Trends

Rating

Jul 25

Aug 25

Sep 25

Oct 25

Nov 25

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, SHOP has received 28 Buy Ratings, 9 Hold Ratings, and 0 Sell Ratings. SHOP average Analyst price target in the past 3 months is 175.51.

Each month's total comprises the sum of three months' worth of ratings.

SHOP Financial Forecast

SHOP Earnings Forecast

Next quarter’s earnings estimate for SHOP is $0.50 with a range of $0.31 to $0.61. The previous quarter’s EPS was $0.34. SHOP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.12% of the time in the same period. In the last calendar year SHOP has Preformed in-line its overall industry.

SHOP Sales Forecast

Next quarter’s sales forecast for SHOP is $3.56B with a range of $3.38B to $3.66B. The previous quarter’s sales results were $2.78B. SHOP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 69.95% of the time in the same period. In the last calendar year SHOP has Preformed in-line its overall industry.

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 175.51.

What is SHOP’s upside potential, based on the analysts’ average price target?

Shopify has 7.73% 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 Moderate Buy which is based on 18 buy ratings, 13 hold ratings and 0 sell ratings.

What is Shopify’s price target?

The average price target for Shopify is 175.51. This is based on 31 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $200.00 ,the lowest forecast is $140.00. The average price target represents 7.73% Increase from the current price of $162.92.

What do analysts say about Shopify?

Shopify’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 31 Wall Streets Analysts.

How can I buy shares of SHOP?

Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing

Shopify (SHOP) Stock Forecast & Price Target

SHOP Analyst Ratings

SHOP Stock 12 Month Forecast

Average Price Target

Detailed List of Analyst Forecasts​

Best Analysts Covering Shopify

SHOP Analyst Recommendation Trends

SHOP Financial Forecast

SHOP Earnings Forecast

SHOP Sales Forecast

SHOP Stock Forecast FAQ

Become an Expert with TipRanks Premium

Detailed List of Analyst Forecasts