Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
123.30
+6.29 (5.38%)
At close: Aug 4, 2026, 4:00 PM EDT
125.75
+2.45 (1.99%)
After-hours: Aug 4, 2026, 7:59 PM EDT
Shopify Stock Forecast
Stock Price Forecast
According to 51 analysts polled by S&P Global, Shopify stock has a consensus rating of "Buy" and an average price target of $148.39. The average 1-year stock price forecast is 20.35% higher than the current stock price, while the lowest is $105 (-14.84%) and the highest is $200 (+62.21%).
Price Target: $148.39 (+20.35%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 30 | 30 | 29 | 28 | 28 | 30 |
| Buy | 10 | 10 | 10 | 10 | 10 | 10 |
| Hold | 11 | 12 | 12 | 12 | 12 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 52 | 53 | 52 | 51 | 51 | 52 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $145 | Buy | Maintains | $145 | +17.60% | Aug 4, 2026 |
| Citi | Citi | Buy Maintains $156 → $150 | Buy | Maintains | $156 → $150 | +21.65% | Jul 24, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $155 | Buy | Maintains | $155 | +25.71% | Jul 23, 2026 |
| Piper Sandler | Piper Sandler | Buy Reiterates $150 | Buy | Reiterates | $150 | +21.65% | Jul 23, 2026 |
| Rothschild & Co Redburn | Rothschild & Co Redburn | Hold Downgrades $160 → $130 | Hold | Downgrades | $160 → $130 | +5.43% | Jul 22, 2026 |
Financial Forecast
Revenue This Year
14.80B
from 11.56B
Increased by 28.09%
Revenue Next Year
18.32B
from 14.80B
Increased by 23.78%
EPS This Year
1.85
from 1.43
Increased by 29.04%
EPS Next Year
2.33
from 1.85
Increased by 26.36%
EPS and Forward PE are based on non-GAAP adjusted numbers.