Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
142.11
+5.43 (3.97%)
At close: Aug 22, 2025, 4:00 PM
142.11
0.00 (0.00%)
After-hours: Aug 22, 2025, 4:15 PM EDT
Shopify Stock Forecast
Stock Price Forecast
The 33 analysts that cover Shopify stock have a consensus rating of "Buy" and an average price target of $141.03, which forecasts a -0.76% decrease in the stock price over the next year. The lowest target is $91 and the highest is $195.
Price Target: $141.03 (-0.76%)
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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 10 | 9 | 7 |
| Buy | 13 | 14 | 15 | 14 | 15 | 15 |
| Hold | 12 | 12 | 11 | 9 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 34 | 35 | 36 | 33 | 35 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $155 → $195 | Strong Buy | Maintains | $155 → $195 | +37.22% | Aug 8, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $120 → $170 | Buy | Maintains | $120 → $170 | +19.63% | Aug 8, 2025 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $115 → $165 | Strong Buy | Maintains | $115 → $165 | +16.11% | Aug 7, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $115 → $179 | Buy | Maintains | $115 → $179 | +25.96% | Aug 7, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $115 → $150 | Hold | Maintains | $115 → $150 | +5.55% | Aug 7, 2025 |
Financial Forecast
Revenue This Year
11.12B
from 8.88B
Increased by 25.18%
Revenue Next Year
13.35B
from 11.12B
Increased by 20.06%
EPS This Year
1.44
from 1.55
Decreased by -7.36%
EPS Next Year
1.82
from 1.44
Increased by 26.89%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 11.8B | 14.6B | 17.9B | ||
| Avg | 11.1B | 13.3B | 16.0B | ||
| Low | 10.5B | 12.0B | 14.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 32.4% | 31.0% | 34.4% | ||
| Avg | 25.2% | 20.1% | 20.1% | ||
| Low | 17.9% | 7.9% | 5.7% |
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% | 71.0% | ||
| Avg | -7.4% | 26.9% | 30.4% | ||
| Low | -33.0% | -9.2% | -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.