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Shopify (SHOP) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SHOP Stock Forecast

Shopify (SHOP) stock forecast, based on 63 Wall Street analysts, predicts a 12-month average price target of $165.16, with a high of $200.00 and a low of $115.00. This represents a 31.14% increase from the last price of $125.94.

SHOP Stock Rating

Shopify stock's rating consensus is Buy, based on 63 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 40 Buy (63.49%), 20 Hold (31.75%), 3 Sell (4.76%), and 0 Strong Sell (0.00%).

Buy
Total 63 0 3 20 40 Strong Sell Sell Hold Buy Strong Buy

SHOP Price Target Upside V Benchmarks

TypeNameUpside
StockShopify31.14%
SectorTechnology Stocks 28.49%

Price Target Trends

1M3M12M
# Anlaysts192346
Avg Price Target$154.32$161.30$162.13
Last Closing Price$125.94$125.94$125.94
Upside/Downside22.53%28.08%28.74%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 26825191-53
Jan, 26725191-52
Dec, 25725191-52
Nov, 25725191-52
Oct, 25725191-52
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 17, 2026Truist Financial$150.00$112.7033.10%19.10%
Feb 16, 2026Samad SamanaJefferies$125.00$112.7010.91%-0.75%
Feb 12, 2026Bhavin ShahDeutsche Bank$175.00$110.0059.09%38.96%
Feb 12, 2026CIBC$185.00$105.8774.74%46.90%
Feb 12, 2026RBC Capital$170.00$106.2959.94%34.98%
Feb 12, 2026Deepak MathivananCantor Fitzgerald$126.00$109.7114.85%0.05%
Feb 12, 2026BMO Capital$160.00$111.5543.43%27.04%
Feb 12, 2026Robert W. Baird$160.00$110.7044.53%27.04%
Feb 12, 2026Trevor YoungBarclays$130.00$109.9118.28%3.22%
Feb 12, 2026Wells Fargo$191.00$118.9960.52%51.66%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Feb 13, 2026CitigroupBuyBuyhold
Feb 12, 2026Deutsche BankBuyBuyhold
Feb 12, 2026BenchmarkBuyBuyhold
Feb 12, 2026Cantor FitzgeraldNeutralNeutralhold
Feb 11, 2026Cowen & Co.Buyupgrade
Feb 11, 2026KeyBancOverweightOverweighthold
Feb 10, 2026ATB CapitalSector PerformOutperformupgrade
Feb 09, 2026MoffettNathansonNeutralBuyupgrade
Feb 09, 2026BMO CapitalOutperformOutperformhold
Feb 03, 2026JefferiesHoldHoldhold

Financial Forecast

EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 $4 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$2.32$-2.73$0.10$1.56$0.95----
Avg Forecast$0.63$-0.04$0.70$1.28$1.51$1.90$2.64$3.04$3.43
High Forecast$0.67$-0.03$0.75$1.36$1.81$2.90$3.30$3.31$3.74
Low Forecast$0.61$-0.04$0.60$1.20$1.22$1.40$2.02$2.87$3.24
Surprise %268.25%6725.00%-85.71%21.88%-37.09%----

Revenue Forecast

$0 $6B $12B $18B $24B $30B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$4.61B$5.60B$7.06B$8.88B$11.56B----
Avg Forecast$4.54B$5.47B$7.13B$8.72B$10.94B$13.26B$16.41B$19.55B$23.64B
High Forecast$4.75B$5.70B$7.18B$8.75B$11.27B$15.19B$16.65B$20.92B$25.31B
Low Forecast$4.43B$5.28B$7.10B$8.70B$10.59B$12.34B$16.16B$18.73B$22.65B
Surprise %1.51%2.41%-1.01%1.86%5.63%----

Net Income Forecast

$-5B $-2B $1B $4B $7B $10B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$2.91B$-3.46B$132.00M$2.02B$1.23B----
Avg Forecast$5.73B$6.46B$132.00M$1.61B$1.95B$1.87B$3.44B$3.93B$4.44B
High Forecast$7.00B$7.89B$161.10M$1.76B$2.34B$3.75B$4.27B$4.29B$4.85B
Low Forecast$4.46B$5.03B$102.90M$1.55B$1.58B$1.81B$2.61B$3.72B$4.20B
Surprise %-49.15%-153.54%-25.40%-36.90%----

SHOP Forecast FAQ

Is Shopify stock a buy?

Shopify stock has a consensus rating of Buy, based on 63 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 40 Buy, 20 Hold, 3 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 63 Wall Street analysts, averages $165.16 over the next 12 months. The price target range spans from $115 at the low end to $200 at the high end, suggesting a potential 31.14% change from the previous closing price of $125.94.

How does Shopify stock forecast compare to its benchmarks?

Shopify's stock forecast shows a 31.14% upside, outperforming the average forecast for the technology stocks sector (28.49%).

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

  • February 2026: 15.09% Strong Buy, 47.17% Buy, 35.85% Hold, 1.89% Sell, 0% Strong Sell.
  • January 2026: 13.46% Strong Buy, 48.08% Buy, 36.54% Hold, 1.92% Sell, 0% Strong Sell.
  • December 2025: 13.46% Strong Buy, 48.08% Buy, 36.54% Hold, 1.92% Sell, 0% Strong Sell.

What is Shopify’s EPS forecast?

Shopify's average annual EPS forecast for its fiscal year ending in December 2026 is $1.9, marking a 100.00% increase from the reported $0.95 in 2025. Estimates for the following years are $2.64 in 2027, $3.04 in 2028, and $3.43 in 2029.

What is Shopify’s revenue forecast?

Shopify's average annual revenue forecast for its fiscal year ending in December 2026 is $13.26B, reflecting a 14.72% increase from the reported $11.56B in 2025. The forecast for 2027 is $16.41B, followed by $19.55B for 2028, and $23.64B for 2029.

What is Shopify’s net income forecast?

Shopify's net income forecast for the fiscal year ending in December 2026 stands at $1.87B, representing an 51.64% increase from the reported $1.23B in 2025. Projections indicate $3.44B in 2027, $3.93B in 2028, and $4.44B in 2029.