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Shopify (TSE:SHOP)
TSX:SHOP
Holding TSE:SHOP?
Track your performance easily
See the Price Targets and Ratings of:
SHOP Analyst Ratings
Moderate Buy
20 Buy
13 Hold
3 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
C$167.87
▲(15.12% Upside)
| Highest Price TargetC$201.00 | Average Price TargetC$167.87 | Lowest Price TargetC$114.85 |
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
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
New Street
Initiated
01/10/25
RBC Capital
Reiterated
01/08/25
Cantor Fitzgerald
Reiterated
01/07/25
Barclays
Reiterated
01/07/25
Wedbush
Upgraded
01/06/25
JMP Securities
Reiterated
12/12/24
Loop Capital Markets
Upgraded
12/06/24
Benchmark Co.
Reiterated
12/04/24
Wells Fargo
Reiterated
12/04/24
Deutsche Bank
Reiterated
12/04/24
National Bank
C$201.28
Buy
38.03%
Upside
Reiterated
12/03/24
Shopify is just getting started, National Bank saysBy Nick Waddell Published on December 3, 2024 Last Updated on December 3, 2024 Filed under: All posts , Analysts , eCommerce Stock: shopShopify is just getting started, National Bank says
Morgan Stanley
C$181.15
Buy
24.23%
Upside
Reiterated
12/03/24
Morgan Stanley reiterates Overweight Rating on Shopify (SHOP)Morgan Stanley analyst Keith Weiss reiterated an Overweight rating and $126.00 price target on Shopify (NYSE: SHOP).
Raymond James
―
Hold
―
Reiterated
12/03/24
Raymond James reiterates Market Perform Rating on Shopify (SHOP)Raymond James analyst Brian Peterson reiterated a Market Perform rating on Shopify (NYSE: SHOP).
Mizuho Securities
―
Hold
―
Reiterated
12/03/24
Cautious Outlook on Shopify: Hold Rating Amidst Growth Performance Concerns and Mixed Metrics
Oppenheimer
C$186.9
Buy
28.17%
Upside
Reiterated
12/02/24
Oppenheimer reiterates Outperform Rating on Shopify (SHOP)Oppenheimer analyst Ken Wong reiterated an Outperform rating and $130.00 price target on Shopify (NYSE: SHOP).
Best Analysts Covering Shopify
Which Analyst Should I Follow If I Want to Buy TSE:SHOP and Sell After:
1 Month
xxx
Success Rate
8/12 ratings generated profit
Average Return
+1.77%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +1.77% per trade.
3 Months
xxx
Success Rate
10/12 ratings generated profit
Average Return
+19.10%
reiterated a xxx
rating 5 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 83.33% of your transactions generating a profit, with an average return of +19.10% per trade.
1 Year
Success Rate
15/16 ratings generated profit
Average Return
+75.21%
assigned a buy rating 2 months ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +75.21% per trade.
2 Years
xxx
Success Rate
12/12 ratings generated profit
Average Return
+164.09%
reiterated a xxx
rating 5 months ago
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 +164.09% 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
Sep 24
Oct 24
Nov 24
Dec 24
Jan 25
Strong Buy
1
0
0
0
0
Buy
40
37
33
35
30
Hold
16
19
21
22
20
Sell
0
1
3
3
2
Strong Sell
0
0
0
0
0
total
57
57
57
60
52
Each month's total comprises the sum of three months' worth of ratings.
SHOP Financial Forecast
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 C$167.87.
What is TSE:SHOP’s upside potential, based on the analysts’ average price target?
Shopify has 15.12% 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 20 buy ratings, 13 hold ratings and 3 sell ratings.
What is Shopify’s price target?
The average price target for Shopify is C$167.87. This is based on 36 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$201.00 ,the lowest forecast is C$114.85. The average price target represents 15.12% Increase from the current price of C$145.82.
The highest analyst price target is C$201.00 ,the lowest forecast is C$114.85. The average price target represents 15.12% Increase from the current price of C$145.82.
What do analysts say about Shopify?
Shopify’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 36 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.