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Shopify (SHOP)
NYSE:SHOP
SHOP Analyst Ratings
Moderate Buy
21 Buy
13 Hold
0 Sell
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
$131.94
▲(20.14% Upside)
| Highest Price Target$175.00 | Average Price Target$131.94 | Lowest Price Target$100.00 |
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
Detailed List of Analyst Forecasts
RBC Capital
Reiterated
03/21/25
D.A. Davidson
Reiterated
03/17/25
Wells Fargo
Reiterated
03/05/25
Jefferies
Reiterated
02/26/25
Wedbush
Reiterated
02/25/25
Truist Financial
Reiterated
02/24/25
Phillip Securities
Downgraded
02/17/25
Loop Capital Markets
Reiterated
02/14/25
Citi
Reiterated
02/14/25
Cantor Fitzgerald
Reiterated
02/12/25
Morgan Stanley
$126→$144
Buy
31.12%
Upside
Reiterated
02/12/25
Shopify's Strong Growth and Profitability Make it a Compelling Buy
Robert W. Baird
$126→$135
Buy
22.93%
Upside
Reiterated
02/12/25
Shopify price target raised to $135 from $126 at BairdShopify price target raised to $135 from $126 at Baird
Benchmark Co.
$150
Buy
36.59%
Upside
Reiterated
02/12/25
Shopify upgraded to Buy from Hold at BenchmarkShopify upgraded to Buy from Hold at Benchmark
Oppenheimer
$130→$150
Buy
36.59%
Upside
Reiterated
02/12/25
Oppenheimer Remains a Buy on Shopify (SHOP)
New Street
$115→$120
Hold
9.27%
Upside
Reiterated
02/12/25
Shopify (SHOP) PT Raised to $120 at New Street ResearchNew Street Research analyst Dan Salmon raised the price target on Shopify (NYSE: SHOP) to $120.00 (from $115.00) while maintaining a Neutral rating.
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
RBC Capital
Reiterated
03/21/25
D.A. Davidson
Reiterated
03/17/25
Wells Fargo
Reiterated
03/05/25
Jefferies
Reiterated
02/26/25
Wedbush
Reiterated
02/25/25
Truist Financial
Reiterated
02/24/25
Phillip Securities
Downgraded
02/17/25
Loop Capital Markets
Reiterated
02/14/25
Citi
Reiterated
02/14/25
Cantor Fitzgerald
Reiterated
02/12/25
Morgan Stanley
$126→$144
Buy
31.12%
Upside
Reiterated
02/12/25
Shopify's Strong Growth and Profitability Make it a Compelling Buy
Robert W. Baird
$126→$135
Buy
22.93%
Upside
Reiterated
02/12/25
Shopify price target raised to $135 from $126 at BairdShopify price target raised to $135 from $126 at Baird
Benchmark Co.
$150
Buy
36.59%
Upside
Reiterated
02/12/25
Shopify upgraded to Buy from Hold at BenchmarkShopify upgraded to Buy from Hold at Benchmark
Oppenheimer
$130→$150
Buy
36.59%
Upside
Reiterated
02/12/25
Oppenheimer Remains a Buy on Shopify (SHOP)
New Street
$115→$120
Hold
9.27%
Upside
Reiterated
02/12/25
Shopify (SHOP) PT Raised to $120 at New Street ResearchNew Street Research analyst Dan Salmon raised the price target on Shopify (NYSE: SHOP) to $120.00 (from $115.00) while maintaining a Neutral rating.
SHOP Analyst Recommendation Trends
Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
0
0
0
0
2
Buy
33
35
35
42
33
Hold
21
22
20
20
17
Sell
3
3
2
0
0
Strong Sell
0
0
0
0
0
total
57
60
57
62
52
Each month's total comprises the sum of three months' worth of ratings.
SHOP Financial Forecast
SHOP Stock Forecast FAQ
What is SHOP’s average 12-month price target, according to analysts?
Based on analyst ratings, Shopify’s 12-month average price target is $131.94.
What is SHOP’s upside potential, based on the analysts’ average price target?
Shopify has 20.14% 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 SHOP a Buy, Sell or Hold?
Shopify has a consensus rating of Moderate Buy which is based on 21 buy ratings, 13 hold ratings and 0 sell ratings.
What is Shopify’s price target?
The average price target for Shopify is $131.94. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $175.00 ,the lowest forecast is $100.00. The average price target represents 20.14% Increase from the current price of $109.82.
The highest analyst price target is $175.00 ,the lowest forecast is $100.00. The average price target represents 20.14% Increase from the current price of $109.82.
What do analysts say about Shopify?
Shopify’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 34 Wall Streets Analysts.
How can I buy shares of SHOP?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.