Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
113.65
+0.58 (0.51%)
At close: Jun 27, 2025, 4:00 PM
113.20
-0.45 (-0.40%)
After-hours: Jun 27, 2025, 7:57 PM EDT
Shopify Stock Forecast
Stock Price Forecast
The 32 analysts that cover Shopify stock have a consensus rating of "Buy" and an average price target of $114.16, which forecasts a 0.45% increase in the stock price over the next year. The lowest target is $79 and the highest is $175.
Price Target: $114.16 (+0.45%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shopify stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 10 | 10 |
| Buy | 12 | 12 | 12 | 13 | 14 | 13 |
| Hold | 11 | 12 | 12 | 12 | 11 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 32 | 33 | 33 | 34 | 35 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Strong Buy Maintains $115 → $125 | Strong Buy | Maintains | $115 → $125 | +9.99% | Jun 16, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $91 | Hold | Reiterates | $91 | -19.93% | Jun 11, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $107 → $125 | Buy | Maintains | $107 → $125 | +9.99% | Jun 6, 2025 |
| UBS | UBS | Hold Maintains $125 → $110 | Hold | Maintains | $125 → $110 | -3.21% | May 9, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $124 → $115 | Buy | Maintains | $124 → $115 | +1.19% | May 9, 2025 |
Financial Forecast
Revenue This Year
11.10B
from 8.88B
Increased by 25.02%
Revenue Next Year
13.31B
from 11.10B
Increased by 19.88%
EPS This Year
1.44
from 1.55
Decreased by -7.39%
EPS Next Year
1.82
from 1.44
Increased by 26.88%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.7B | 14.3B | 17.2B | ||
| Avg | 11.1B | 13.3B | 15.9B | ||
| Low | 10.5B | 12.0B | 14.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 31.7% | 28.8% | 29.1% | ||
| Avg | 25.0% | 19.9% | 19.6% | ||
| Low | 17.9% | 8.0% | 6.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.70 | 2.28 | 3.12 | ||
| Avg | 1.44 | 1.82 | 2.38 | ||
| Low | 1.04 | 1.30 | 1.79 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 9.7% | 58.9% | 71.1% | ||
| Avg | -7.4% | 26.9% | 30.4% | ||
| Low | -33.0% | -9.2% | -1.5% |
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.