Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
168.68
-0.13 (-0.08%)
At close: Oct 23, 2026, 4:00 PM EDT
168.32
-0.36 (-0.21%)
After-hours: Oct 23, 2026, 7:59 PM EDT
Shopify Stock Forecast
Stock Price Forecast
According to 54 analysts polled by S&P Global, Shopify stock has a consensus rating of "Buy" and an average price target of $176.35. The average 1-year stock price forecast is 4.55% higher than the current stock price, while the lowest is $120 (-28.86%) and the highest is $220 (+30.42%).
Price Target: $176.35 (+4.55%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 28 | 28 | 30 | 30 | 31 | 31 |
| Buy | 10 | 10 | 10 | 11 | 11 | 10 |
| Hold | 12 | 12 | 11 | 11 | 11 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 51 | 51 | 52 | 53 | 54 | 54 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Oct 16, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $200 | Buy | Maintains | $200 | +18.57% | Oct 16, 2026 |
| Jefferies | Jefferies | Buy Maintains $175 | Buy | Maintains | $175 | +3.75% | Oct 14, 2026 |
| Robert W. Baird | Robert W. Baird | Buy Maintains $160 → $190 | Buy | Maintains | $160 → $190 | +12.64% | Oct 14, 2026 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $145 → $158 | Hold | Maintains | $145 → $158 | -6.33% | Oct 12, 2026 |
Financial Forecast
Revenue This Year
15.25B
from 11.56B
Increased by 31.97%
Revenue Next Year
19.21B
from 15.25B
Increased by 25.94%
EPS This Year
1.91
from 1.43
Increased by 33.63%
EPS Next Year
2.46
from 1.91
Increased by 28.54%
EPS and Forward PE are based on non-GAAP adjusted numbers.