Want to see TSE:SHOP full AI Analyst Report?

Shopify (SHOP) Stock Forecast & Price Target

2,803 Followers

See the Price Targets and Ratings of:

All Analysts

Top Analysts

Premium

SHOP Analyst Ratings

Strong Buy

20 Buy

4 Hold

0 Sell

Based on 24 analysts giving stock ratings to

Shopify

in the past 3 months

TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months

SHOP Stock 12 Month Forecast

Average Price Target

C$221.38

▲(23.34% Upside)

Based on 24 Wall Street analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is C$221.38 with a high forecast of C$283.81 and a low forecast of C$156.10. The average price target represents a 23.34% change from the last price of C$179.49.

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"144":"C$144","179":"C$179","214":"C$214","249":"C$249","284":"C$284"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":283.809922,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">C$283.81</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":221.37994897409092,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">C$221.38</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":156.0954571,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">C$156.10</span>\n  </div></div>","useHTML":true}}],"tickPositions":[144,179,214,249,284],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Sep<br/>2025","6":"Dec<br/>2025","9":"Mar<br/>2026","12":"Jun<br/>2026","25":"Jun<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,171.67,180.29614784615384,188.92229569230767,197.54844353846153,206.17459138461538,214.8007392307692,223.42688707692307,232.0530349230769,240.67918276923075,249.3053306153846,257.9314784615384,266.5576263076923,275.1837741538461,{"y":283.809922,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,171.67,175.4938422287762,179.31768445755245,183.14152668632866,186.9653689151049,190.78921114388112,194.61305337265733,198.43689560143358,202.2607378302098,206.08458005898603,209.90842228776225,213.73226451653846,217.5561067453147,{"y":221.37994897409092,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,171.67,170.47195823846153,169.27391647692306,168.0758747153846,166.87783295384614,165.67979119230768,164.4817494307692,163.28370766923078,162.08566590769232,160.88762414615385,159.6895823846154,158.49154062307693,157.29349886153847,{"y":156.0954571,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":145.93,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 37,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 18, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":157.06,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 23, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":163.63,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 24, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":191.71,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 23, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":208.62,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 32,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":243.86,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 28,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":209.11,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 29,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":221,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":180.62,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 39,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":163.32,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 39,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 11, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":164.7,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 40,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 10, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":173.48,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 32,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":171.67,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Highest Price TargetC$283.81

Average Price TargetC$221.38

Lowest Price TargetC$156.10

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

Bryan Smilek

J.P. Morgan

C$212.86

Buy

18.59%

Upside

Reiterated

06/18/26

New Buy Rating for Shopify (SHOP), the Technology Giant

Arjun Bhatia

William Blair

―

Buy

―

Reiterated

06/03/26

Wall Street Analysts Are Bullish on Top Technology Picks

Paul Treiber

RBC Capital

C$241.24

Buy

34.40%

Upside

Reiterated

06/01/26

Analysts Offer Insights on Technology Companies: Apple (NASDAQ: AAPL), Aehr Test Systems (NASDAQ: AEHR) and Shopify (NASDAQ: SHOP)

Todd Coupland

CIBC

C$262.52

Buy

46.26%

Upside

Reiterated

05/29/26

Analysts Offer Insights on Technology Companies: Appian (NASDAQ: APPN), Shopify (NASDAQ: SHOP) and Duolingo (NASDAQ: DUOL)

Doug Taylor

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.

James Callahan CFA

Piper Sandler

C$212.86

Buy

18.59%

Upside

Reiterated

05/20/26

New Buy Rating for Shopify (SHOP), the Technology Giant

J. Parker Lane

Stifel Nicolaus

C$156.1

Hold

-13.03%

Downside

Reiterated

05/08/26

Analysts' Opinions Are Mixed on These Technology Stocks: Shopify (NASDAQ: SHOP), Ubiquiti Networks (NYSE: UI) and Cognex (NASDAQ: CGNX)

Terry Tillman

Truist Financial

C$212.86

Buy

18.59%

Upside

Reiterated

05/08/26

New Buy Rating for Shopify (SHOP), the Technology Giant

Thanos Moschopoulos

BMO Capital

C$205.76

Buy

14.64%

Upside

Reiterated

05/06/26

Shopify: Moschopoulos Reiterates Buy as Strong Fundamentals and Margin Discipline Offset Trimmed Price Target

Andrew Boone

Citizens JMP

C$227.05→C$212.86

Buy

18.59%

Upside

Reiterated

05/06/26

Shopify price target lowered to $150 from $160 at CitizensShopify price target lowered to $150 from $160 at Citizens

Colin Sebastian

Robert W. Baird

C$227.05→C$212.86

Buy

18.59%

Upside

Reiterated

05/06/26

Shopify price target lowered to $150 from $160 at BairdShopify price target lowered to $150 from $160 at Baird

Gil Luria

D.A. Davidson

C$198.67

Buy

10.68%

Upside

Reiterated

05/06/26

Analysts Offer Insights on Technology Companies: Onto Innovation (NYSE: ONTO) and Shopify (NASDAQ: SHOP)

Martin Toner

ATB Cormark Capital Markets

C$250→C$240

Buy

33.71%

Upside

Reiterated

05/06/26

Analysts Have Conflicting Sentiments on These Technology Companies: Paycom (NYSE: PAYC) and Shopify (NASDAQ: SHOP)

Justin Patterson

KeyBanc

C$227.05

Buy

26.50%

Upside

Reiterated

05/06/26

Analysts Have Conflicting Sentiments on These Technology Companies: Teradata (NYSE: TDC), Shopify (NASDAQ: SHOP) and Super Micro Computer (NASDAQ: SMCI)

Kenneth Wong

Oppenheimer

C$283.81→C$248.33

Buy

38.36%

Upside

Reiterated

05/06/26

Shopify price target lowered to $175 from $200 at OppenheimerShopify price target lowered to $175 from $200 at Oppenheimer

Analyst Type

Any

Human Analysts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Bryan Smilek

J.P. Morgan

C$212.86

Buy

18.59%

Upside

Reiterated

06/18/26

New Buy Rating for Shopify (SHOP), the Technology Giant

Arjun Bhatia

William Blair

―

Buy

―

Reiterated

06/03/26

Wall Street Analysts Are Bullish on Top Technology Picks

Paul Treiber

RBC Capital

C$241.24

Buy

34.40%

Upside

Reiterated

06/01/26

Analysts Offer Insights on Technology Companies: Apple (NASDAQ: AAPL), Aehr Test Systems (NASDAQ: AEHR) and Shopify (NASDAQ: SHOP)

Todd Coupland

CIBC

C$262.52

Buy

46.26%

Upside

Reiterated

05/29/26

Analysts Offer Insights on Technology Companies: Appian (NASDAQ: APPN), Shopify (NASDAQ: SHOP) and Duolingo (NASDAQ: DUOL)

Doug Taylor

National Bank

―

Buy

―

Reiterated

05/28/26

James Callahan CFA

Piper Sandler

C$212.86

Buy

18.59%

Upside

Reiterated

05/20/26

New Buy Rating for Shopify (SHOP), the Technology Giant

J. Parker Lane

Stifel Nicolaus

C$156.1

Hold

-13.03%

Downside

Reiterated

05/08/26

Analysts' Opinions Are Mixed on These Technology Stocks: Shopify (NASDAQ: SHOP), Ubiquiti Networks (NYSE: UI) and Cognex (NASDAQ: CGNX)

Terry Tillman

Truist Financial

C$212.86

Buy

18.59%

Upside

Reiterated

05/08/26

New Buy Rating for Shopify (SHOP), the Technology Giant

Thanos Moschopoulos

BMO Capital

C$205.76

Buy

14.64%

Upside

Reiterated

05/06/26

Shopify: Moschopoulos Reiterates Buy as Strong Fundamentals and Margin Discipline Offset Trimmed Price Target

Andrew Boone

Citizens JMP

C$227.05→C$212.86

Buy

18.59%

Upside

Reiterated

05/06/26

Shopify price target lowered to $150 from $160 at CitizensShopify price target lowered to $150 from $160 at Citizens

Colin Sebastian

Robert W. Baird

C$227.05→C$212.86

Buy

18.59%

Upside

Reiterated

05/06/26

Shopify price target lowered to $150 from $160 at BairdShopify price target lowered to $150 from $160 at Baird

Gil Luria

D.A. Davidson

C$198.67

Buy

10.68%

Upside

Reiterated

05/06/26

Analysts Offer Insights on Technology Companies: Onto Innovation (NYSE: ONTO) and Shopify (NASDAQ: SHOP)

Martin Toner

ATB Cormark Capital Markets

C$250→C$240

Buy

33.71%

Upside

Reiterated

05/06/26

Analysts Have Conflicting Sentiments on These Technology Companies: Paycom (NYSE: PAYC) and Shopify (NASDAQ: SHOP)

Justin Patterson

KeyBanc

C$227.05

Buy

26.50%

Upside

Reiterated

05/06/26

Analysts Have Conflicting Sentiments on These Technology Companies: Teradata (NYSE: TDC), Shopify (NASDAQ: SHOP) and Super Micro Computer (NASDAQ: SMCI)

Kenneth Wong

Oppenheimer

C$283.81→C$248.33

Buy

38.36%

Upside

Reiterated

05/06/26

Shopify price target lowered to $175 from $200 at OppenheimerShopify price target lowered to $175 from $200 at Oppenheimer

Stocks with the Highest Top Analyst Consensus in the Technology Sector

QQnity Electronics, Inc.

VIAVia Transportation, Inc. Class A

SEPNSepterna, Inc.

SVCOSilvaco Group, Inc.

RBRKRubrik, Inc. Class A

Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Shopify

3 Months

Gil LuriaD.A. Davidson

Success Rate

16/21 ratings generated profit

Average Return

+16.00%

Copying Gil Luria's trades and holding each position for 3 Months would result in 76.19% of your transactions generating a profit, with an average return of +16.00% per trade.

1 Year

Andrew BooneCitizens JMP

Success Rate

18/21 ratings generated profit

Average Return

+32.05%

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 +32.05% per trade.

2 Years

Gil LuriaD.A. Davidson

Success Rate

18/21 ratings generated profit

Average Return

+115.70%

Copying Gil Luria's trades and holding each position for 2 Years would result in 85.71% of your transactions generating a profit, with an average return of +115.70% 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.

SHOP Analyst Recommendation Trends

Rating

Feb 26

Mar 26

Apr 26

May 26

Jun 26

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, SHOP has received 31 Buy Ratings, 5 Hold Ratings, and 0 Sell Ratings. SHOP average Analyst price target in the past 3 months is 221.38.

Each month's total comprises the sum of three months' worth of ratings.

SHOP Financial Forecast

SHOP Earnings Forecast

Next quarter’s earnings estimate for SHOP is C$0.55 with a range of C$0.45 to C$0.64. The previous quarter’s EPS was C$0.49. SHOP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.47% of the time in the same period. In the last calendar year SHOP has Performed in-line its overall industry.

SHOP Sales Forecast

Next quarter’s sales forecast for SHOP is C$4.72B with a range of C$4.45B to C$4.93B. The previous quarter’s sales results were C$4.35B. SHOP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.75% of the time in the same period. In the last calendar year SHOP has Performed in-line its overall industry.

SHOP Stock Forecast FAQ

What is TSE:SHOP’s average 12-month price target, according to analysts?

Based on analyst ratings, Shopify Inc.’s 12-month average price target is 221.38.

What is TSE:SHOP’s upside potential, based on the analysts’ average price target?

Shopify Inc. has 23.34% 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 TSE:SHOP a Buy, Sell or Hold?

Shopify Inc. has a consensus rating of Strong Buy which is based on 20 buy ratings, 4 hold ratings and 0 sell ratings.

What is Shopify Inc.’s price target?

The average price target for Shopify Inc. is 221.38. This is based on 24 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$283.81 ,the lowest forecast is C$156.10. The average price target represents 23.34% Increase from the current price of C$179.49.

What do analysts say about Shopify Inc.?

Shopify Inc.’s analyst rating consensus is a Strong Buy. This is based on the ratings of 24 Wall Streets Analysts.

How can I buy shares of TSE:SHOP?

Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.

Shopify (SHOP) Stock Forecast & Price Target

SHOP Analyst Ratings

SHOP Stock 12 Month Forecast

Average Price Target

Detailed List of Analyst Forecasts​

Best Analysts Covering Shopify

SHOP Analyst Recommendation Trends

SHOP Financial Forecast

SHOP Earnings Forecast

SHOP Sales Forecast

SHOP Stock Forecast FAQ

Detailed List of Analyst Forecasts