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SHOP
(NASDAQ)
Shopify Inc.
$107.98-- (--)
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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 28 professional research analysts

Consensus Rating

Buy
Based on 28 unique analysts
(31 total ratings in last 90 days)
Very High Confidence∞:1 Buy/Sell

Average Price Target

$159.70
↑ 47.90% 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)

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
OpenAI Software - Application
TipRanks - OpenAI
BuyReiterates
$166.00 → $144.00
J. Parker Lane
Stifel Nicolaus
HoldMaintains
$110.00
Terry Tillman
Truist
BuyReiterates
$150.00
Andrew Boone
Citizens JMP
BuyMaintains
$160.00 → $150.00
Colin Sebastian
Baird
BuyMaintains
$160.00 → $150.00
Martin Toner
ATB Cormark Capital
BuyMaintains
$250.00 → $240.00
Andrew Boone
Citizens JMP
BuyMaintains
$160.00 → $150.00
Kevin Krishnaratne
Scotiabank
BuyMaintains
$200.00
UK
Investing.com
BuyInitiates Coverage
-
Justin Patterson
KeyBanc
BuyMaintains
$160.00
Thanos Moschopoulos
BMO Capital
BuyMaintains
$145.00
Timothy Chiodo
UBS
HoldMaintains
$145.00 → $130.00
Colin Sebastian
Baird
BuyMaintains
$160.00 → $150.00
Gil Luria
DA Davidson
BuyReiterates
-
Kenneth Wong
Oppenheimer
BuyMaintains
$200.00 → $175.00
David Hynes
Canaccord Genuity
BuyMaintains
$165.00 → $145.00
Samad Samana
Jefferies
HoldMaintains
$150.00 → $140.00
John Shao
TD Cowen
BuyMaintains
$159.00
Trevor Young
Barclays
HoldMaintains
$126.00
Tyler Radke
Citi
BuyMaintains
$107.63 → $156.00
Scott Berg
Needham
BuyMaintains
$180.00
Keith Weiss
Morgan Stanley
BuyMaintains
$192.00
Tyler Radke
Citi
Strong BuyMaintains
$172.00 → $163.00
Bryan Smilek
JP Morgan
BuyMaintains
$150.00
Ken Gawrelski
Wells Fargo
BuyMaintains
$191.00 → $166.00
Siti Panigrahi
Mizuho
BuyMaintains
-

Frequently Asked Questions

What is the analyst consensus rating for SHOP?

The analyst consensus rating for SHOP is "Buy" based on 28 analyst recommendations.

What is the average price target for SHOP?

The average 12-month price target for SHOP is $159.70, representing an upside of 47.9% from the current price of $107.98.

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.