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Shopify (CH:SHOP)
:SHOP
Switzerland Market
SHOP
Shopify
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Shopify (SHOP) Stock Forecast & Price Target

8 Followers
See the Price Targets and Ratings of:

SHOP Analyst Ratings

Strong Buy
28Ratings
Strong Buy
24 Buy
4 Hold
0 Sell
Based on 28 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

―
Based on 28 Wall Street analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is CHF137.28 with a high forecast of CHF162.49 and a low forecast of CHF104.35. The average price target represents a ― change from the last price of ―.
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Highest Price TargetCHF162.49Average Price TargetCHF137.28Lowest Price TargetCHF104.35
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​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Truist Financial Analyst forecast on CH:SHOP
Terry Tillman
Truist Financial
Truist Financial
CHF146.26
Buy
―
Reiterated
08/07/26
Shopify (SHOP): New Buy Recommendation for This Technology Giant
BMO Capital Analyst forecast on CH:SHOP
Thanos Moschopoulos
BMO Capital
BMO Capital
CHF130.01→CHF134.07
Buy
―
Reiterated
08/06/26
Shopify price target raised to $165 from $160 at BMO CapitalShopify price target raised to $165 from $160 at BMO Capital
Barclays Analyst forecast on CH:SHOP
Ross Sandler
Barclays
Barclays
CHF102.38→CHF117.82
Hold
―
Reiterated
08/06/26
Analysts Conflicted on These Technology Names: Shopify (NASDAQ: SHOP), Bitdeer Technologies (NASDAQ: BTDR) and Infineon Technologies AG (Other OTC: IFNNF)
Cantor Fitzgerald Analyst forecast on CH:SHOP
Deepak Mathivanan
Cantor Fitzgerald
Cantor Fitzgerald
CHF103.19→CHF117.82
Hold
―
Reiterated
08/06/26
Analysts Offer Insights on Technology Companies: Clear Secure (NYSE: YOU) and Shopify (NASDAQ: SHOP)
Citizens JMP Analyst forecast on CH:SHOP
Andrew Boone
Citizens JMP
Citizens JMP
CHF121.88→CHF150.32
Buy
―
Reiterated
08/06/26
Shopify price target raised to $185 from $150 at CitizensShopify price target raised to $185 from $150 at Citizens
Robert W. Baird Analyst forecast on CH:SHOP
Colin Sebastian
Robert W. Baird
Robert W. Baird
CHF121.88→CHF130.01
Buy
―
Reiterated
08/06/26
Shopify price target raised to $160 from $150 at Baird Shopify price target raised to $160 from $150 at Baird
RBC Capital Analyst forecast on CH:SHOP
Paul Treiber
RBC Capital
RBC Capital
CHF138.13→CHF146.26
Buy
―
Reiterated
08/06/26
Shopify price target raised to $180 from $170 at RBC CapitalShopify price target raised to $180 from $170 at RBC Capital
Citi Analyst forecast on CH:SHOP
Tyler Radke
Citi
Citi
CHF121.88→CHF159.26
Buy
―
Reiterated
08/06/26
Analysts Conflicted on These Technology Names: Shopify (NASDAQ: SHOP) and TaskUs (NASDAQ: TASK)
ATB Cormark Capital Markets Analyst forecast on CH:SHOP
Martin Toner
ATB Cormark Capital Markets
ATB Cormark Capital Markets
CHF139.13→CHF150.73
Buy
―
Reiterated
08/06/26
Analysts Offer Insights on Technology Companies: Shopify (NASDAQ: SHOP), Array Technologies (NASDAQ: ARRY) and Bitdeer Technologies (NASDAQ: BTDR)
TD Cowen Analyst forecast on CH:SHOP
John Shao
TD Cowen
TD Cowen
CHF129.19→CHF142.19
Buy
―
Assigned
08/06/26
Shopify move 'well-justified' after 'incredible beat-and-raise,' says TD CowenShopify move 'well-justified' after 'incredible beat-and-raise,' says TD Cowen
Deutsche Bank Analyst forecast on CH:SHOP
Bhavin Shah
Deutsche Bank
Deutsche Bank
CHF142.19→CHF150.32
Buy
―
Reiterated
08/06/26
Shopify price target raised to $185 from $175 at Deutsche BankShopify price target raised to $185 from $175 at Deutsche Bank
Mizuho Securities Analyst forecast on CH:SHOP
Siti Panigrahi
Mizuho Securities
Mizuho Securities
CHF121.88→CHF146.26
Buy
―
Reiterated
08/06/26
Shopify price target raised to $180 from $150 at MizuhoShopify price target raised to $180 from $150 at Mizuho
Scotiabank Analyst forecast on CH:SHOP
Kevin Krishnaratne
Scotiabank
Scotiabank
CHF162.51
Buy
―
Reiterated
08/06/26
New Buy Rating for Shopify (SHOP), the Technology Giant
Canaccord Genuity Analyst forecast on CH:SHOP
David Hynes
Canaccord Genuity
Canaccord Genuity
CHF117.82→CHF146.26
Buy
―
Reiterated
08/06/26
Analyst David Hynes Lifts Shopify Price Target to $180 on Robust Growth and AI-Driven Commerce Tailwinds
National Bank Analyst forecast on CH:SHOP
Doug Taylor
National Bank
National Bank
CHF89.86→CHF104.35
Buy
―
Reiterated
08/05/26
Shopify price target raised to C$180 from C$155 at National BankShopify price target raised to C$180 from C$155 at National Bank
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Truist Financial Analyst forecast on CH:SHOP
Terry Tillman
Truist Financial
Truist Financial
CHF146.26
Buy
―
Reiterated
08/07/26
Shopify (SHOP): New Buy Recommendation for This Technology Giant
BMO Capital Analyst forecast on CH:SHOP
Thanos Moschopoulos
BMO Capital
BMO Capital
CHF130.01→CHF134.07
Buy
―
Reiterated
08/06/26
Shopify price target raised to $165 from $160 at BMO CapitalShopify price target raised to $165 from $160 at BMO Capital
Barclays Analyst forecast on CH:SHOP
Ross Sandler
Barclays
Barclays
CHF102.38→CHF117.82
Hold
―
Reiterated
08/06/26
Analysts Conflicted on These Technology Names: Shopify (NASDAQ: SHOP), Bitdeer Technologies (NASDAQ: BTDR) and Infineon Technologies AG (Other OTC: IFNNF)
Cantor Fitzgerald Analyst forecast on CH:SHOP
Deepak Mathivanan
Cantor Fitzgerald
Cantor Fitzgerald
CHF103.19→CHF117.82
Hold
―
Reiterated
08/06/26
Analysts Offer Insights on Technology Companies: Clear Secure (NYSE: YOU) and Shopify (NASDAQ: SHOP)
Citizens JMP Analyst forecast on CH:SHOP
Andrew Boone
Citizens JMP
Citizens JMP
CHF121.88→CHF150.32
Buy
―
Reiterated
08/06/26
Shopify price target raised to $185 from $150 at CitizensShopify price target raised to $185 from $150 at Citizens
Robert W. Baird Analyst forecast on CH:SHOP
Colin Sebastian
Robert W. Baird
Robert W. Baird
CHF121.88→CHF130.01
Buy
―
Reiterated
08/06/26
Shopify price target raised to $160 from $150 at Baird Shopify price target raised to $160 from $150 at Baird
RBC Capital Analyst forecast on CH:SHOP
Paul Treiber
RBC Capital
RBC Capital
CHF138.13→CHF146.26
Buy
―
Reiterated
08/06/26
Shopify price target raised to $180 from $170 at RBC CapitalShopify price target raised to $180 from $170 at RBC Capital
Citi Analyst forecast on CH:SHOP
Tyler Radke
Citi
Citi
CHF121.88→CHF159.26
Buy
―
Reiterated
08/06/26
Analysts Conflicted on These Technology Names: Shopify (NASDAQ: SHOP) and TaskUs (NASDAQ: TASK)
ATB Cormark Capital Markets Analyst forecast on CH:SHOP
Martin Toner
ATB Cormark Capital Markets
ATB Cormark Capital Markets
CHF139.13→CHF150.73
Buy
―
Reiterated
08/06/26
Analysts Offer Insights on Technology Companies: Shopify (NASDAQ: SHOP), Array Technologies (NASDAQ: ARRY) and Bitdeer Technologies (NASDAQ: BTDR)
TD Cowen Analyst forecast on CH:SHOP
John Shao
TD Cowen
TD Cowen
CHF129.19→CHF142.19
Buy
―
Assigned
08/06/26
Shopify move 'well-justified' after 'incredible beat-and-raise,' says TD CowenShopify move 'well-justified' after 'incredible beat-and-raise,' says TD Cowen
Deutsche Bank Analyst forecast on CH:SHOP
Bhavin Shah
Deutsche Bank
Deutsche Bank
CHF142.19→CHF150.32
Buy
―
Reiterated
08/06/26
Shopify price target raised to $185 from $175 at Deutsche BankShopify price target raised to $185 from $175 at Deutsche Bank
Mizuho Securities Analyst forecast on CH:SHOP
Siti Panigrahi
Mizuho Securities
Mizuho Securities
CHF121.88→CHF146.26
Buy
―
Reiterated
08/06/26
Shopify price target raised to $180 from $150 at MizuhoShopify price target raised to $180 from $150 at Mizuho
Scotiabank Analyst forecast on CH:SHOP
Kevin Krishnaratne
Scotiabank
Scotiabank
CHF162.51
Buy
―
Reiterated
08/06/26
New Buy Rating for Shopify (SHOP), the Technology Giant
Canaccord Genuity Analyst forecast on CH:SHOP
David Hynes
Canaccord Genuity
Canaccord Genuity
CHF117.82→CHF146.26
Buy
―
Reiterated
08/06/26
Analyst David Hynes Lifts Shopify Price Target to $180 on Robust Growth and AI-Driven Commerce Tailwinds
National Bank Analyst forecast on CH:SHOP
Doug Taylor
National Bank
National Bank
CHF89.86→CHF104.35
Buy
―
Reiterated
08/05/26
Shopify price target raised to C$180 from C$155 at National BankShopify price target raised to C$180 from C$155 at National Bank
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Best Analysts Covering Shopify

3 Months
Todd CouplandCIBC
Success Rate
20/26 ratings generated profit
77%
Average Return
+15.22%
Copying Todd Coupland's trades and holding each position for 3 Months would result in 76.92% of your transactions generating a profit, with an average return of +15.22% per trade.
1 Year
Bhavin ShahDeutsche Bank
Success Rate
14/14 ratings generated profit
100%
Average Return
+51.21%
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 +51.21% per trade.
2 Years
Bhavin ShahDeutsche Bank
Success Rate
14/14 ratings generated profit
100%
Average Return
+95.99%
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 +95.99% 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
Apr 26
May 26
Jun 26
Jul 26
Aug 26
Strong Buy
11
9
8
9
2
Buy
29
23
23
24
30
Hold
10
6
5
5
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
50
38
36
38
36
In the current month, SHOP has received 32 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. SHOP average Analyst price target in the past 3 months is 137.28.
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 CHF0.38 with a range of CHF0.31 to CHF0.54. The previous quarter’s EPS was CHF0.34. SHOP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 59.26% of the time in the same period. In the last calendar year SHOP has Performed in-line its overall industry.
Next quarter’s earnings estimate for SHOP is CHF0.38 with a range of CHF0.31 to CHF0.54. The previous quarter’s EPS was CHF0.34. SHOP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 59.26% of the time in the same period. In the last calendar year SHOP has Performed in-line its overall industry.

SHOP Sales Forecast

Next quarter’s sales forecast for SHOP is CHF3.04B with a range of CHF2.94B to CHF3.07B. The previous quarter’s sales results were CHF2.88B. SHOP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 62.61% of the time in the same period. In the last calendar year SHOP has Performed in-line its overall industry.
Next quarter’s sales forecast for SHOP is CHF3.04B with a range of CHF2.94B to CHF3.07B. The previous quarter’s sales results were CHF2.88B. SHOP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 62.61% of the time in the same period. In the last calendar year SHOP has Performed in-line its overall industry.

SHOP Stock Forecast FAQ

What is CH:SHOP’s average 12-month price target, according to analysts?
Based on analyst ratings, Shopify’s 12-month average price target is 137.28.
    What is CH:SHOP’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for CH:SHOP, 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 Shopify a Buy, Sell or Hold?
        Shopify has a consensus rating of Strong Buy, which is based on 24 buy ratings, 4 hold ratings and 0 sell ratings.
          What is Shopify’s share price target?
          The average share price target for Shopify is 137.28. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is CHF162.49 ,and the lowest forecast is CHF104.35. The average share price target represents N/A Increase from the current price of N/A.
            What do analysts say about Shopify?
            Shopify’s analyst rating consensus is a Strong Buy. This is based on the ratings of 28 Wall Streets Analysts.
              How can I buy shares of Shopify?
              To buy shares of CH:SHOP, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.