SHOPN Analyst Ratings
Strong Buy
24 Buy
3 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
SHOPN Stock 12 Month Forecast
Average Price Target
$2,719.10
▲(36.98% Upside)
| Highest Price Target$3,461 | Average Price Target$2,719 | Lowest Price Target$2,181 |
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
National Bank
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Buy
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Reiterated
05/28/26
Shopify: this analyst just chopped his price targetNational Bank Financial analyst Doug Taylor says Shopifys (Shopify Stock Quote, Chart, News, Analysts, Financials NYSE:SHOP) recent multiple compression has created a compelling entry point, with the company continuing to stand out as a rare Canadian technology name combining high organic growth, scale, profitability and liquidity.
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
National Bank
―
Buy
―
Reiterated
05/28/26
Shopify: this analyst just chopped his price targetNational Bank Financial analyst Doug Taylor says Shopifys (Shopify Stock Quote, Chart, News, Analysts, Financials NYSE:SHOP) recent multiple compression has created a compelling entry point, with the company continuing to stand out as a rare Canadian technology name combining high organic growth, scale, profitability and liquidity.
Best Analysts Covering Shopify
3 Months

Success Rate
13/17 ratings generated profit
Average Return
+13.24%
Copying Tyler Radke's trades and holding each position for 3 Months would result in 76.47% of your transactions generating a profit, with an average return of +13.24% per trade.
1 Year

Success Rate
18/21 ratings generated profit
Average Return
+31.88%
Copying Andrew Boone's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +31.88% 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.
SHOPN 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
12
Hold
10
6
5
5
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
50
38
36
38
15
Each month's total comprises the sum of three months' worth of ratings.
SHOPN Financial Forecast
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 2,719.10.
What is MX:SHOPN’s upside potential, based on the analysts’ average price target?
Shopify has 36.98% 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 24 buy ratings, 3 hold ratings and 0 sell ratings.
What is Shopify’s share price target?
The average share price target for Shopify is 2,719.10. This is based on 27 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is $3,461.27 ,and the lowest forecast is $2,180.60. The average share price target represents 36.98% Increase from the current price of $1,985.
The highest analyst share price target is $3,461.27 ,and the lowest forecast is $2,180.60. The average share price target represents 36.98% Increase from the current price of $1,985.
What do analysts say about Shopify?
Shopify’s analyst rating consensus is a Strong Buy. This is based on the ratings of 27 Wall Streets 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.









