Skip to main content
FinSpry Logo
FinSpry
SHOP logo
SHOP
(NASDAQ)
Shopify Inc.
$118.25-- (--)
Loading... - Market loading
OverviewFinancialsForecastStatisticsDividendsHistoricalProfile

Shopify Inc. (SHOP) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Shopify Inc. stock.

Analyst Consensus Rating

Investment consensus from 17 professional research analysts

Consensus Rating

Buy
Based on 17 unique analysts
(20 total ratings in last 90 days)
High Confidence∞:1 Buy/Sell

Average Price Target

$159.63
↑ 34.99% Upside

Loading chart...

Strong Sell
Sell
Hold
Buy
Strong Buy

Latest SHOP Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

James Callahan
Piper Sandler
BuyInitiates
$165.00
Samad Samana
Jefferies
HoldMaintains
$125.00 → $150.00
Terry Tillman
Truist
Strong BuyUpgrades
$110.00 → $150.00
Samad Samana
Jefferies
HoldMaintains
$160.00 → $125.00
Tyler Radke
Citi
Strong BuyMaintains
$195.00 → $172.00
Andrew Boone
Citizens
BuyMaintains
$200.00 → $160.00
Scott Devitt
Wedbush
BuyMaintains
$185.00 → $160.00
Deepak Mathivanan
Cantor Fitzgerald
HoldMaintains
$181.00 → $126.00
Siti Panigrahi
Mizuho
BuyUpgrades
$150.00 → $150.00
Terry Tillman
Truist
HoldMaintains
$155.00 → $110.00
Trevor Young
Barclays
HoldMaintains
$140.00 → $130.00
Thanos Moschopoulos
BMO Capital
BuyMaintains
$150.00 → $160.00
Timothy Chiodo
UBS
HoldMaintains
$165.00 → $145.00
Ken Gawrelski
Wells Fargo
BuyMaintains
$198.00 → $191.00
Scott Berg
Needham
Strong BuyReiterates
$180.00 → $180.00
Paul Treiber
RBC Capital
BuyMaintains
$200.00 → $170.00
Mark Zgutowicz
Benchmark
Strong BuyMaintains
$195.00 → $145.00
Thanos Moschopoulos
BMO Capital
BuyMaintains
$190.00 → $150.00
Kevin Krishnaratne
Scotiabank
BuyUpgrades
$165.00 → $200.00
Shweta Khajuria
Wolfe Research
HoldDowngrades
-

Frequently Asked Questions

What is the analyst consensus rating for SHOP?

The analyst consensus rating for SHOP is "Buy" based on 17 analyst recommendations.

What is the average price target for SHOP?

The average 12-month price target for SHOP is $159.63, representing an upside of 35.0% from the current price of $118.25.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.