Shopify(MX:SHOPN)
MX$2,762.00+93.00 (+3.48%)
MX:SHOPN
Shopify stock forecast
MX$2,762.00
At close:+93.00 (+3.48%)
Shopify (SHOPN) Stock Forecast & Price Target
3 Followers
SHOPN Analyst Ratings
Strong Buy
22Buy4Hold0Sell
Based on 26 analysts giving stock ratings to Shopify in the past 3 months
SHOPN Stock 12 Month Forecast
Average Price Target
Mex$3,371â–²(22.05% Upside)Based on 26 Wall Street analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is MXN 3,371.03 with a high forecast of MXN 4,092.64 and a low forecast of MXN 2,697.42. The average price target represents a 22.05% change from the last price of MXN 2,762.00.
Past 12 Months12 Month ForecastJan2026Oct2026
HighMex$4.09K
AverageMex$3.37K
LowMex$2.7K
Highest Price TargetHighestMex$4,093Average Price TargetMex$3,371Lowest Price TargetLowestMex$2,697
Detailed List of Analyst Forecasts​
Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
| Price Target | Article | |||||||
|---|---|---|---|---|---|---|---|---|
| Helena Wang | Phillip Securities | Mex$3,162 | buy | 14.50%Upside | Reiterated | 11/10/26 | ||
| Ygal Arounian | Wedbush | Mex$3,274 | buy | 18.54%Upside | Reiterated | 11/05/26 | ||
| Ross Sandler | Barclays | Mex$2,697 | hold | -2.34%Downside | Reiterated | 11/04/26 | ||
| Martin Toner | ATB Cormark Capital Markets | Mex$3,053→Mex$3,093 | hold | 11.97%Upside | Reiterated | 11/04/26 | ||
| Adam Wood | Morgan Stanley | Mex$3,572 | buy | 29.32%Upside | Reiterated | 11/04/26 | ||
| Timothy Chiodo | UBS | Mex$2,697→Mex$2,976 | hold | 7.76%Upside | Reiterated | 11/04/26 | ||
| Colin Sebastian | Robert W. Baird | Mex$3,535→Mex$3,256 | buy | 17.87%Upside | Reiterated | 11/04/26 | ||
| Scott Devitt | Rosenblatt Securities | Mex$3,460→Mex$3,349 | buy | 21.24%Upside | Reiterated | 11/04/26 | ||
| Gabriela Borges | Goldman Sachs | Mex$3,609→Mex$3,721 | buy | 34.71%Upside | Reiterated | 11/04/26 | ||
| Todd Coupland | CIBC | Mex$4,093 | buy | 48.18%Upside | Reiterated | 11/04/26 | ||
| David Hynes | Canaccord Genuity | Mex$3,349 | buy | 21.24%Upside | Reiterated | 11/04/26 | ||
| Tyler Radke | Citi | Mex$4,018 | buy | 45.48%Upside | Reiterated | 11/04/26 | ||
| Ken Gawrelski | Wells Fargo | Mex$3,869→Mex$3,814 | buy | 38.07%Upside | Reiterated | 11/04/26 | ||
| Jim Kelleher | Argus Research | Mex$3,349 | buy | 21.24%Upside | Reiterated | 11/04/26 | ||
| Samad Samana | Jefferies | Mex$3,256 | buy | 17.87%Upside | Reiterated | 11/03/26 |
| Rating | Article | ||||
|---|---|---|---|---|---|
| Helena WangPhillip Securities | BuyReiteratedMex$3,162 | 11/10/26 | 14.50%Upside | ||
| Ygal ArounianWedbush | BuyReiteratedMex$3,274 | 11/05/26 | 18.54%Upside | ||
| Ross SandlerBarclays | HoldReiteratedMex$2,697 | 11/04/26 | -2.34%Downside | ||
| Martin TonerATB Cormark Capital Markets | HoldReiteratedMex$3,053→Mex$3,093 | 11/04/26 | 11.97%Upside | ||
| Adam WoodMorgan Stanley | BuyReiteratedMex$3,572 | 11/04/26 | 29.32%Upside | ||
| Timothy ChiodoUBS | HoldReiteratedMex$2,697→Mex$2,976 | 11/04/26 | 7.76%Upside | ||
| Colin SebastianRobert W. Baird | BuyReiteratedMex$3,535→Mex$3,256 | 11/04/26 | 17.87%Upside | ||
| Scott DevittRosenblatt Securities | BuyReiteratedMex$3,460→Mex$3,349 | 11/04/26 | 21.24%Upside | ||
| Gabriela BorgesGoldman Sachs | BuyReiteratedMex$3,609→Mex$3,721 | 11/04/26 | 34.71%Upside | ||
| Todd CouplandCIBC | BuyReiteratedMex$4,093 | 11/04/26 | 48.18%Upside | ||
| David HynesCanaccord Genuity | BuyReiteratedMex$3,349 | 11/04/26 | 21.24%Upside | ||
| Tyler RadkeCiti | BuyReiteratedMex$4,018 | 11/04/26 | 45.48%Upside | ||
| Ken GawrelskiWells Fargo | BuyReiteratedMex$3,869→Mex$3,814 | 11/04/26 | 38.07%Upside | ||
| Jim KelleherArgus Research | BuyReiteratedMex$3,349 | 11/04/26 | 21.24%Upside | ||
| Samad SamanaJefferies | BuyReiteratedMex$3,256 | 11/03/26 | 17.87%Upside |
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
+12.52%
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 +12.52% per trade.
1 Year
Success Rate15/15 ratings generated profit
100%
Average Return
+47.85%
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 +47.85% per trade.
2 Years
Success Rate15/15 ratings generated profit
100%
Average Return
+90.33%
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 +90.33% per trade.
SHOPN Analyst Recommendation Trends
| Rating | Jul 26 | Aug 26 | Sep 26 | Oct 26 | Nov 26 |
|---|---|---|---|---|---|
| Strong Buy | 9 | 2 | 2 | 0 | 0 |
| Buy | 24 | 36 | 39 | 42 | 33 |
| Hold | 5 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| total | 38 | 42 | 45 | 46 | 38 |
In the current month, SHOPN has received 33 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. SHOPN average Analyst price target in the past 3 months is 3,371.03.
SHOPN Financial Forecast
HighMex$16.72
ConsensusMex$11.48
LowMex$8.99
SHOPN Earnings Forecast
Next quarter’s earnings estimate for SHOPN is MXN 11.48 with a range of MXN 8.99 to MXN 16.72. The previous quarter’s EPS was MXN 8.99. Its overall industry beat the EPS estimate 50.49% of the time in the past 12 months.
HighMex$89.8B
ConsensusMex$88.4B
LowMex$87.3B
SHOPN Sales Forecast
Next quarter’s sales forecast for SHOPN is MXN 88.37B with a range of MXN 87.27B to MXN 89.79B. The previous quarter’s sales results were MXN 68.65B. Its overall industry beat sales estimates 63.25% of the time in the past 12 months.
SHOPN Stock Forecast FAQ
What is MX:SHOPN’s average 12-month price target, according to analysts?
Based on analyst ratings, Shopify’s 12-month average price target is Mex$3,371.03.
What is MX:SHOPN’s upside potential, based on the analysts’ average price target?
Shopify has 22.05% 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 Shopify a Buy, Sell or Hold?
Shopify has a consensus rating of Strong Buy, which is based on 22 buy ratings, 4 hold ratings and 0 sell ratings.
What is Shopify’s share price target?
The average share price target for Shopify is Mex$3,371.03. This is based on 26 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst share price target is Mex$4,092.64, and the lowest forecast is Mex$2,697.42. The average share price target represents a 22.05% increase from the current price of Mex$2,762.
What do analysts say about Shopify?
Shopify’s analyst rating consensus is a Strong Buy. This is based on the ratings of 26 Wall Street analysts.
How can I buy shares of Shopify?
To buy shares of MX:SHOPN, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
