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SHOP
(NASDAQ)
Shopify Inc.
$149.25-- (--)
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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 8 professional research analysts

Consensus Rating

Buy
Based on 8 unique analysts
(9 total ratings in last 90 days)
Medium Confidence∞:1 Buy/Sell

Average Price Target

$159.17
↑ 8.15% Upside

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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)

J. Parker Lane
Stifel Nicolaus
BuyUpgrades
$150.00
Todd Coupland
CIBC
BuyMaintains
$185.00
Tal Liani
BofA Securities
BuyInitiates
$150.00
Bryan Smilek
JP Morgan
BuyMaintains
$150.00
Arjun Bhatia
William Blair
BuyMaintains
-
Paul Treiber
RBC Capital
BuyMaintains
$170.00
Todd Coupland
CIBC
BuyMaintains
$185.00
Doug Taylor
National Bank
BuyMaintains
-
James Callahan CFA
Piper Sandler
BuyMaintains
$150.00

Frequently Asked Questions

What is the analyst consensus rating for SHOP?

The analyst consensus rating for SHOP is "Buy" based on 8 analyst recommendations.

What is the average price target for SHOP?

The average 12-month price target for SHOP is $159.17, representing an upside of 8.1% from the current price of $147.18.

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.