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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
23 Buy
11 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
C$106.94
▼(-0.16% Downside)
| Highest Price TargetC$133.88 | Average Price TargetC$106.94 | Lowest Price TargetC$68.00 |
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
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Oppenheimer
Reiterated
09/23/24
Redburn Atlantic
Upgraded
09/17/24
Goldman Sachs
Reiterated
09/12/24
Barclays
Assigned
09/12/24
Wells Fargo
Assigned
09/11/24
JMP Securities
Reiterated
09/10/24
Phillip Securities
Initiated
09/09/24
Cantor Fitzgerald
Initiated
09/04/24
Roth MKM
Assigned
09/04/24
Piper Sandler
Assigned
08/29/24
J.P. Morgan
C$100.07→C$102.78
Buy
-4.04%
Downside
Reiterated
08/20/24
Shopify price target raised to $76 from $74 at JPMorganShopify price target raised to $76 from $74 at JPMorgan
Loop Capital Markets
C$91.96→C$108.19
Hold
1.01%
Upside
Reiterated
08/16/24
Loop Capital Markets Keeps Their Hold Rating on Shopify (SHOP)
DZ BANK AG
C$68
Hold
-36.51%
Downside
Downgraded
08/09/24
Shopify downgraded to Hold from Buy at DZ BankShopify downgraded to Hold from Buy at DZ Bank
Mizuho Securities
―
Hold
―
Reiterated
08/09/24
Shopify: A Hold Rating with Cautious Optimism Amidst Mixed Financial Signals
Evercore ISI
C$108.19
Buy
1.01%
Upside
Assigned
08/08/24
Shopify (SHOP) Receives a New Rating from a Top Analyst
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
+6.68%
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 +6.68% per trade.
3 Months
xxx
Success Rate
10/12 ratings generated profit
Average Return
+18.14%
reiterated a xxx
rating 3 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 +18.14% per trade.
1 Year
Success Rate
15/15 ratings generated profit
Average Return
+74.37%
reiterated a buy rating 3 months ago
Copying Todd Coupland's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +74.37% per trade.
2 Years
xxx
Success Rate
15/15 ratings generated profit
Average Return
+134.75%
reiterated a xxx
rating 3 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 +134.75% 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
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Strong Buy
1
1
2
1
1
Buy
28
33
36
36
37
Hold
21
24
21
16
15
Sell
1
1
0
0
0
Strong Sell
0
0
0
0
0
total
51
59
59
53
53
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$106.94.
What is TSE:SHOP’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for TSE:SHOP, 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 23 buy ratings, 11 hold ratings and 0 sell ratings.
What is Shopify’s price target?
The average price target for Shopify is C$106.94. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$133.88 ,the lowest forecast is C$68.00. The average price target represents -0.16% Decrease from the current price of C$107.11.
The highest analyst price target is C$133.88 ,the lowest forecast is C$68.00. The average price target represents -0.16% Decrease from the current price of C$107.11.
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 TSE:SHOP?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.