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Shopify (SHOP) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SHOP Stock Forecast

Shopify (SHOP) stock forecast, based on 64 Wall Street analysts, predicts a 12-month average price target of $166.41, with a high of $200.00 and a low of $130.00. This represents a 8.84% increase from the last price of $152.90.

SHOP Stock Rating

Shopify stock's rating consensus is Buy, based on 64 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 42 Buy (65.62%), 19 Hold (29.69%), 3 Sell (4.69%), and 0 Strong Sell (0.00%).

Buy
Total 64 0 3 19 42 Strong Sell Sell Hold Buy Strong Buy

SHOP Price Target Upside V Benchmarks

TypeNameUpside
StockShopify8.84%
SectorTechnology Stocks 25.97%

Price Target Trends

1M3M12M
# Anlaysts121561
Avg Price Target$172.83$167.60$165.03
Last Closing Price$152.90$152.90$152.90
Upside/Downside13.03%9.61%7.93%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Aug, 261029111-51
Jul, 261028121-51
Jun, 261028121-51
May, 261027121-50
Apr, 261029121-52
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 17, 2026Seaport Global$175.00$150.2516.47%14.45%
Aug 07, 2026Wells Fargo$180.00$147.4422.08%17.72%
Aug 06, 2026D.A. Davidson$200.00$145.6737.30%30.80%
Aug 06, 2026Deepak MathivananCantor Fitzgerald$145.00$144.240.53%-5.17%
Aug 06, 2026Paul TreiberRBC Capital$180.00$144.2424.79%17.72%
Aug 06, 2026UBS$145.00$144.240.53%-5.17%
Aug 06, 2026Gabriela BorgesGoldman Sachs$194.00$144.2434.50%26.88%
Aug 06, 2026Barclays$145.00$144.240.53%-5.17%
Aug 05, 2026David HynesCanaccord Genuity$180.00$144.2424.79%17.72%
Aug 05, 2026Samad SamanaJefferies$175.00$144.2421.33%14.45%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Aug 17, 2026Seaport GlobalBuyBuyhold
Aug 07, 2026Wells FargoOverweightOverweighthold
Aug 06, 2026Cantor FitzgeraldNeutralNeutralhold
Aug 06, 2026UBSNeutralNeutralhold
Aug 06, 2026CitigroupBuyBuyhold
Aug 06, 2026Goldman SachsBuyBuyhold
Aug 06, 2026CitigroupOutperformOutperformhold
Aug 05, 2026JefferiesBuyBuyhold
Aug 05, 2026National BankOutperformOutperformhold
Aug 05, 2026Evercore ISIOutperformOutperformhold

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 64 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 42 Buy, 19 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 64 Wall Street analysts, averages $166.41 over the next 12 months. The price target range spans from $130 at the low end to $200 at the high end, suggesting a potential 8.84% change from the previous closing price of $152.9.

How does Shopify stock forecast compare to its benchmarks?

Shopify's stock forecast shows a 8.84% upside, underperforming the average forecast for the technology stocks sector (25.97%).

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

  • August 2026: 19.61% Strong Buy, 56.86% Buy, 21.57% Hold, 1.96% Sell, 0% Strong Sell.
  • July 2026: 19.61% Strong Buy, 54.90% Buy, 23.53% Hold, 1.96% Sell, 0% Strong Sell.
  • June 2026: 19.61% Strong Buy, 54.90% Buy, 23.53% Hold, 1.96% 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.