Shopify Inc. (SHOP)
NYSE: SHOP · Real-Time Price · USD
115.56
-7.91 (-6.41%)
At close: Feb 21, 2025, 4:00 PM
115.41
-0.15 (-0.13%)
After-hours: Feb 21, 2025, 7:57 PM EST
Shopify Stock Forecast
Stock Price Forecast
The 31 analysts with 12-month price forecasts for Shopify stock have an average target of 116.71, with a low estimate of 72 and a high estimate of 175. The average target predicts an increase of 1.00% from the current stock price of 115.56.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shopify stock from 33 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 8 | 8 | 9 | 9 | 9 |
| Buy | 9 | 9 | 11 | 11 | 12 | 12 |
| Hold | 13 | 13 | 13 | 11 | 11 | 12 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 33 | 32 | 34 | 32 | 32 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $110 → $130 | Hold | Maintains | $110 → $130 | +12.50% | Feb 18, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $126 → $144 | Buy | Maintains | $126 → $144 | +24.61% | Feb 12, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $110 → $120 | Hold | Maintains | $110 → $120 | +3.84% | Feb 12, 2025 |
| UBS | UBS | Hold Maintains $110 → $125 | Hold | Maintains | $110 → $125 | +8.17% | Feb 12, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $130 → $145 | Buy | Maintains | $130 → $145 | +25.48% | Feb 12, 2025 |
Financial Forecast
Revenue This Year
11.03B
from 8.88B
Increased by 24.16%
Revenue Next Year
13.25B
from 11.03B
Increased by 20.21%
EPS This Year
1.55
from 1.55
Decreased by -0.31%
EPS Next Year
1.94
from 1.55
Increased by 25.72%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 12.3B | 16.6B | 17.6B | ||
| Avg | 11.0B | 13.3B | 16.2B | ||
| Low | 10.2B | 11.7B | 15.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 38.1% | 50.2% | 32.7% | ||
| Avg | 24.2% | 20.2% | 22.3% | ||
| Low | 14.5% | 6.0% | 13.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.90 | 2.81 | 3.26 | ||
| Avg | 1.55 | 1.94 | 2.54 | ||
| Low | 1.00 | 1.29 | 1.91 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.6% | 82.1% | 67.9% | ||
| Avg | -0.3% | 25.7% | 30.5% | ||
| Low | -35.5% | -16.3% | -1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.