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Shopify (SHOP) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SHOP Stock Forecast

Shopify (SHOP) stock forecast, based on 57 Wall Street analysts, predicts a 12-month average price target of $108.55, with a high of $130.00 and a low of $80.00. This represents a 29.29% increase from the last price of $83.96.

$55 $70 $85 $100 $115 $130 High: $130 Avg: $108.55 Low: $80 Last Closed Price: $83.96

SHOP Stock Rating

Shopify stock's rating consensus is Buy, based on 57 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 35 Buy (61.40%), 21 Hold (36.84%), 1 Sell (1.75%), and 0 Strong Sell (0.00%).

Buy
Total 57 1 21 35 Strong Sell Sell Hold Buy Strong Buy

SHOP Price Target Upside V Benchmarks

TypeNameUpside
StockShopify29.29%
SectorTechnology Stocks 32.92%
IdeaMetaverse Stocks List33.57%
IdeaNFT Stocks Stocks List36.10%
IdeaSaaS Stocks List32.04%

Price Target Trends

1M3M12M
# Anlaysts--36
Avg Price Target--$86.81
Last Closing Price$83.96$83.96$83.96
Upside/Downside--3.39%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 251123151151
Mar, 251123151151
Feb, 25923181152
Jan, 25923201154
Dec, 24921211153
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 10, 2025Dan SalmonNew Street$115.00$103.7110.89%36.97%
Jan 06, 2025Scott DevittWedbush$125.00$114.249.42%48.88%
Dec 02, 2024Bhavin ShahDeutsche Bank$125.00$115.608.13%48.88%
Nov 13, 2024Clarke JeffriesPiper Sandler$94.00$69.3035.64%11.96%
Nov 13, 2024Anthony ChukumbaLoop Capital Markets$110.00$69.3058.73%31.01%
Nov 13, 2024Terry TillmanTruist Financial$110.00$69.3058.73%31.01%
Nov 12, 2024Ken WongOppenheimer$130.00$108.9219.35%54.84%
Nov 12, 2024Mark MahaneyEvercore ISI$125.00$108.9214.76%48.88%
Oct 24, 2024Kevin KrishnaratneScotiabank$80.00$79.700.38%-4.72%
Oct 23, 2024Desmond LauVeritas Investment Research$80.00$79.640.45%-4.72%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 15, 2025WedbushOutperformOutperformhold
Jan 29, 2025Deutsche BankBuyBuyhold
Jan 10, 2025New StreetNeutralinitialise
Jan 07, 2025Cantor FitzgeraldNeutralNeutralhold
Jan 06, 2025WedbushNeutralOutperformupgrade
Dec 04, 2024Deutsche BankBuyBuyhold
Dec 03, 2024Morgan StanleyOverweightOverweighthold
Dec 02, 2024OppenheimerOutperformOutperformhold
Dec 02, 2024Deutsche BankBuyBuyhold
Nov 13, 2024Piper SandlerNeutralNeutralhold

Financial Forecast

EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 $4 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.28$2.32$-2.73$0.10$1.57----
Avg Forecast$0.36$0.63$-0.04$0.70$1.28$1.53$1.92$2.55$3.01
High Forecast$0.39$0.67$-0.03$0.75$1.36$1.84$2.64$3.08$3.23
Low Forecast$0.35$0.61$-0.04$0.60$1.20$1.24$1.14$1.83$2.87
Surprise %-22.22%268.25%6725.00%-85.71%22.66%----

Revenue Forecast

$0 $5B $10B $15B $20B $25B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.93B$4.61B$5.60B$7.06B$4.47B----
Avg Forecast$2.91B$4.54B$5.47B$7.13B$8.67B$10.68B$12.95B$16.91B$20.47B
High Forecast$3.04B$4.75B$5.70B$7.18B$8.70B$11.00B$13.00B$17.14B$21.61B
Low Forecast$2.84B$4.43B$5.28B$7.10B$8.65B$10.34B$12.90B$16.68B$19.74B
Surprise %0.72%1.51%2.40%-1.01%-48.42%----

Net Income Forecast

$-5B $-2B $1B $4B $7B $10B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$319.51M$2.91B$-3.46B$132.00M$2.02B----
Avg Forecast$3.46B$5.73B$6.46B$132.00M$1.66B$1.99B$1.95B$3.18B$3.90B
High Forecast$4.19B$7.00B$7.89B$161.10M$1.77B$2.38B$3.42B$3.99B$4.18B
Low Forecast$2.74B$4.46B$5.03B$102.90M$1.55B$1.60B$1.48B$2.37B$3.72B
Surprise %-90.78%-49.15%-153.55%-21.62%----

SHOP Forecast FAQ

Is Shopify stock a buy?

Shopify stock has a consensus rating of Buy, based on 57 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 35 Buy, 21 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Shopify is a favorable investment for most analysts.

What is Shopify's price target?

Shopify's price target, set by 57 Wall Street analysts, averages $108.55 over the next 12 months. The price target range spans from $80 at the low end to $130 at the high end, suggesting a potential 29.29% change from the previous closing price of $83.96.

How does Shopify stock forecast compare to its benchmarks?

Shopify's stock forecast shows a 29.29% upside, underperforming the average forecast for the technology stocks sector (32.92%), trailing the Metaverse Stocks List (33.57%), NFT Stocks Stocks List (36.10%), and SaaS Stocks List (32.04%) investment ideas.

What is the breakdown of analyst ratings for Shopify over the past three months?

  • April 2025: 21.57% Strong Buy, 45.10% Buy, 29.41% Hold, 1.96% Sell, 1.96% Strong Sell.
  • March 2025: 21.57% Strong Buy, 45.10% Buy, 29.41% Hold, 1.96% Sell, 1.96% Strong Sell.
  • February 2025: 17.31% Strong Buy, 44.23% Buy, 34.62% Hold, 1.92% Sell, 1.92% Strong Sell.

What is Shopify’s EPS forecast?

Shopify's average annual EPS forecast for its fiscal year ending in December 2025 is $1.53, marking a -2.55% decrease from the reported $1.57 in 2024. Estimates for the following years are $1.92 in 2026, $2.55 in 2027, and $3.01 in 2028.

What is Shopify’s revenue forecast?

Shopify's average annual revenue forecast for its fiscal year ending in December 2025 is $10.68B, reflecting a 138.90% increase from the reported $4.47B in 2024. The forecast for 2026 is $12.95B, followed by $16.91B for 2027, and $20.47B for 2028.

What is Shopify’s net income forecast?

Shopify's net income forecast for the fiscal year ending in December 2025 stands at $1.99B, representing a -1.36% decrease from the reported $2.02B in 2024. Projections indicate $1.95B in 2026, $3.18B in 2027, and $3.9B in 2028.