Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
149.80
+0.55 (0.37%)
At close: Aug 24, 2026, 4:00 PM EDT
149.64
-0.16 (-0.11%)
After-hours: Aug 24, 2026, 7:59 PM EDT
Shopify Stock Forecast
Stock Price Forecast
According to 53 analysts polled by S&P Global, Shopify stock has a consensus rating of "Buy" and an average price target of $171.15. The average 1-year stock price forecast is 14.25% higher than the current stock price, while the lowest is $110 (-26.57%) and the highest is $220 (+46.86%).
Price Target: $171.15 (+14.25%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 30 | 29 | 28 | 28 | 30 | 30 |
| Buy | 10 | 10 | 10 | 10 | 10 | 11 |
| Hold | 12 | 12 | 12 | 12 | 11 | 11 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 53 | 52 | 51 | 51 | 52 | 53 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst Rosenblatt Securities No rating | Rosenblatt Securities | Buy Initiates $175 | Buy | Initiates | $175 | +16.82% | Aug 19, 2026 |
| Seaport Global | Seaport Global | Buy Maintains $160 → $175 | Buy | Maintains | $160 → $175 | +16.82% | Aug 17, 2026 |
| Phillip Securities | Phillip Securities | Buy Maintains $160 → $170 | Buy | Maintains | $160 → $170 | +13.48% | Aug 17, 2026 |
| Truist Financial | Truist Financial | Buy Reiterates $180 | Buy | Reiterates | $180 | +20.16% | Aug 7, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $200 | Buy | Maintains | $200 | +33.51% | Aug 7, 2026 |
Financial Forecast
Revenue This Year
15.23B
from 11.56B
Increased by 31.82%
Revenue Next Year
19.13B
from 15.23B
Increased by 25.57%
EPS This Year
1.91
from 1.43
Increased by 33.30%
EPS Next Year
2.45
from 1.91
Increased by 28.67%
EPS and Forward PE are based on non-GAAP adjusted numbers.