Shopify (SHOP) Stock Forecast & Price Target

Compare

2,580 Followers

See the Price Targets and Ratings of:

All Analysts

Top Analysts

Premium

SHOP Analyst Ratings

Moderate Buy

17 Buy

12 Hold

0 Sell

Based on 29 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$250.11

▲(10.59% Upside)

Based on 29 Wall Street analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is C$250.11 with a high forecast of C$277.10 and a low forecast of C$193.97. The average price target represents a 10.59% change from the last price of C$226.15.

{"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":{"133":"C$133","278":"C$278","169.25":"C$169.3","205.5":"C$205.5","241.75":"C$241.8"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":277.096966,"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$277.10</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":250.1077215116,"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$250.11</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":193.9678762,"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$193.97</span>\n  </div></div>","useHTML":true}}],"tickPositions":[133,169.25,205.5,241.75,278],"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":"Mar<br/>2025","6":"Jun<br/>2025","9":"Sep<br/>2025","12":"Dec<br/>2025","25":"Dec<br/>2026"}},"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,209.11,214.33976661538463,219.56953323076925,224.79929984615387,230.02906646153846,235.25883307692308,240.4885996923077,245.71836630769232,250.94813292307694,256.17789953846153,261.40766615384615,266.63743276923077,271.8671993846154,{"y":277.096966,"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,209.11,212.2636708855077,215.4173417710154,218.5710126565231,221.7246835420308,224.87835442753848,228.03202531304618,231.18569619855384,234.33936708406154,237.49303796956923,240.64670885507692,243.80037974058462,246.9540506260923,{"y":250.1077215116,"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,209.11,207.94522124615386,206.7804424923077,205.61566373846156,204.45088498461539,203.28610623076924,202.12132747692308,200.95654872307693,199.79176996923078,198.62699121538463,197.46221246153846,196.2974337076923,195.13265495384616,{"y":193.9678762,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":158.67,"date":1733011200000,"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 35,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":152.99,"date":1735689600000,"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 20, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":169.61,"date":1738368000000,"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 45,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 20, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":162.04,"date":1740787200000,"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 17, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":139.72,"date":1743465600000,"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 48,\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":134.33,"date":1746057600000,"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 45,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"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 42,\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":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 35,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \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 36,\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 36,\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 37,\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 32,\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":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 32,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 16, \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$277.10

Average Price TargetC$250.11

Lowest Price TargetC$193.97

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

Terry Tillman

Truist Financial

―

Hold

―

Reiterated

12/11/25

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

Mark Zgutowicz

Benchmark Co.

C$270.17

Buy

19.46%

Upside

Reiterated

12/03/25

Strong Black Friday Cyber Monday Sales and Increased Order Value Reinforce Buy Rating for Shopify

John Shao

TD Cowen

C$220.29

Hold

-2.59%

Downside

Reiterated

12/03/25

National Bank Sticks to Their Hold Rating for Shopify (SHOP)

Brian Peterson

Raymond James

―

Hold

―

Reiterated

12/02/25

Shopify's Strong Holiday Sales Prompt Hold Rating Amid Growth Uncertainty

Paul Treiber

RBC Capital

C$277.1

Buy

22.53%

Upside

Reiterated

12/01/25

Analysts Offer Insights on Technology Companies: Shopify (NASDAQ: SHOP) and Marvell (NASDAQ: MRVL)

Kenneth Wong

Oppenheimer

C$277.1

Buy

22.53%

Upside

Reiterated

12/01/25

Pace of spending moderated through Sunday, says OppenheimerPace of spending moderated through Sunday, says Oppenheimer

Bradley Sills

Bank of America Securities

C$263.24

Buy

16.40%

Upside

Reiterated

11/25/25

Analysts Offer Insights on Technology Companies: Shopify (NASDAQ: SHOP) and Snowflake (NYSE: SNOW)

Unknown Analyst

Exane BNP Paribas

Not Ranked

Exane BNP Paribas

―

Hold

―

Initiated

11/24/25

Shopify initiated with a Neutral at BNP Paribas ExaneShopify initiated with a Neutral at BNP Paribas Exane

Trevor Young

Barclays

C$193.97

Hold

-14.23%

Downside

Reiterated

11/21/25

Shopify (SHOP) Receives a Hold from Barclays

Helena Wang

Phillip Securities

C$207.82→C$214.75

Hold

-5.04%

Downside

Reiterated

11/13/25

Phillip Securities Sticks to Its Hold Rating for Shopify (SHOP)

Keith Weiss

Morgan Stanley

C$228.6→C$266.01

Buy

17.63%

Upside

Reiterated

11/05/25

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

Thanos Moschopoulos

BMO Capital

C$249.39→C$263.24

Buy

16.40%

Upside

Reiterated

11/05/25

Shopify price target raised to $190 from $180 at BMO CapitalShopify price target raised to $190 from $180 at BMO Capital

Gil Luria

D.A. Davidson

C$256.31→C$270.17

Buy

19.46%

Upside

Reiterated

11/05/25

Shopify price target raised to $195 from $185 at DA DavidsonShopify price target raised to $195 from $185 at DA Davidson

Justin Patterson

KeyBanc

C$277.1

Buy

22.53%

Upside

Reiterated

11/05/25

Shopify (SHOP): New Buy Recommendation for This Technology Giant

Reginald Smith

J.P. Morgan

C$248→C$249.39

Buy

10.28%

Upside

Reiterated

11/05/25

Shopify price target raised to $180 from $179 at JPMorganShopify price target raised to $180 from $179 at JPMorgan

Analyst Type

Any

Human Analysts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Terry Tillman

Truist Financial

―

Hold

―

Reiterated

12/11/25

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

Mark Zgutowicz

Benchmark Co.

C$270.17

Buy

19.46%

Upside

Reiterated

12/03/25

Strong Black Friday Cyber Monday Sales and Increased Order Value Reinforce Buy Rating for Shopify

John Shao

TD Cowen

C$220.29

Hold

-2.59%

Downside

Reiterated

12/03/25

National Bank Sticks to Their Hold Rating for Shopify (SHOP)

Brian Peterson

Raymond James

―

Hold

―

Reiterated

12/02/25

Shopify's Strong Holiday Sales Prompt Hold Rating Amid Growth Uncertainty

Paul Treiber

RBC Capital

C$277.1

Buy

22.53%

Upside

Reiterated

12/01/25

Analysts Offer Insights on Technology Companies: Shopify (NASDAQ: SHOP) and Marvell (NASDAQ: MRVL)

Kenneth Wong

Oppenheimer

C$277.1

Buy

22.53%

Upside

Reiterated

12/01/25

Pace of spending moderated through Sunday, says OppenheimerPace of spending moderated through Sunday, says Oppenheimer

Bradley Sills

Bank of America Securities

C$263.24

Buy

16.40%

Upside

Reiterated

11/25/25

Analysts Offer Insights on Technology Companies: Shopify (NASDAQ: SHOP) and Snowflake (NYSE: SNOW)

Unknown Analyst

Exane BNP Paribas

Not Ranked

Exane BNP Paribas

―

Hold

―

Initiated

11/24/25

Shopify initiated with a Neutral at BNP Paribas ExaneShopify initiated with a Neutral at BNP Paribas Exane

Trevor Young

Barclays

C$193.97

Hold

-14.23%

Downside

Reiterated

11/21/25

Shopify (SHOP) Receives a Hold from Barclays

Helena Wang

Phillip Securities

C$207.82→C$214.75

Hold

-5.04%

Downside

Reiterated

11/13/25

Phillip Securities Sticks to Its Hold Rating for Shopify (SHOP)

Keith Weiss

Morgan Stanley

C$228.6→C$266.01

Buy

17.63%

Upside

Reiterated

11/05/25

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

Thanos Moschopoulos

BMO Capital

C$249.39→C$263.24

Buy

16.40%

Upside

Reiterated

11/05/25

Shopify price target raised to $190 from $180 at BMO CapitalShopify price target raised to $190 from $180 at BMO Capital

Gil Luria

D.A. Davidson

C$256.31→C$270.17

Buy

19.46%

Upside

Reiterated

11/05/25

Shopify price target raised to $195 from $185 at DA DavidsonShopify price target raised to $195 from $185 at DA Davidson

Justin Patterson

KeyBanc

C$277.1

Buy

22.53%

Upside

Reiterated

11/05/25

Shopify (SHOP): New Buy Recommendation for This Technology Giant

Reginald Smith

J.P. Morgan

C$248→C$249.39

Buy

10.28%

Upside

Reiterated

11/05/25

Shopify price target raised to $180 from $179 at JPMorganShopify price target raised to $180 from $179 at JPMorgan

Stocks with the Highest Top Analyst Consensus in the Technology Sector

xxx

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

Best Analysts Covering Shopify

1 Month

xxx

Success Rate

17/25 ratings generated profit

Average Return

+5.02%

reiterated a xxx

rating 12 days ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 68.00% of your transactions generating a profit, with an average return of +5.02% per trade.

3 Months

xxx

Success Rate

16/19 ratings generated profit

Average Return

+19.47%

reiterated a xxx

rating last month

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 84.21% of your transactions generating a profit, with an average return of +19.47% per trade.

1 Year

Todd CouplandCIBC

Success Rate

22/22 ratings generated profit

Average Return

+73.04%

reiterated a buy rating last month

Copying Todd Coupland's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +73.04% per trade.

2 Years

xxx

Success Rate

19/19 ratings generated profit

Average Return

+156.75%

reiterated a xxx

rating last month

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +156.75% 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

Aug 25

Sep 25

Oct 25

Nov 25

Dec 25

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, SHOP has received 32 Buy Ratings, 16 Hold Ratings, and 0 Sell Ratings. SHOP average Analyst price target in the past 3 months is 250.11.

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$0.71 with a range of C$0.54 to C$0.86. The previous quarter’s EPS was C$0.48. SHOP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.75% 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$5.03B with a range of C$4.93B to C$5.20B. The previous quarter’s sales results were C$3.92B. SHOP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.26% 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’s 12-month average price target is 250.11.

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

Shopify has 10.59% 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 has a consensus rating of Moderate Buy which is based on 17 buy ratings, 12 hold ratings and 0 sell ratings.

What is Shopify’s price target?

The average price target for Shopify is 250.11. This is based on 29 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$277.10 ,the lowest forecast is C$193.97. The average price target represents 10.59% Increase from the current price of C$226.15.

What do analysts say about Shopify?

Shopify’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 29 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