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Shopify Inc. (SHOP)

$80.41

Shopify Inc. (SHOP) Share Price Forecast
Currently 53 wall-street analysts regularly analyze the financials of Shopify Inc. on a frequent basis to provide recommendations along with target share price. 53 analysts offering 12-month price forecasts for Shopify Inc. (SHOP) have a share price target of $107.9. This median of share price forecast represents a 34.19% upside from the latest price of $80.41 as on 05.10.24.

Shopify Inc. (SHOP) Price vs Consensus Price Target

Price
Target Price
As per the chart shown above, analysts believe that the Shopify Inc. (SHOP) share price will touch around $107.9 in next 12-months.
Shopify Inc. (SHOP) Share Price Forecast v/s Share Price Today
Below is a chart showing the percentage difference between Shopify Inc.'s share price and its median forecast price. As on 05.10.24, the difference is -27.29%

Shopify Inc. (SHOP): Difference between Current Price & Median Forecasted Price

Difference in Percentage terms
Shopify Inc. (SHOP) Share Price : Analyst Recommendation
Based on 53 analysts tracking and researching Shopify Inc. (SHOP) share have hold recommendation on an average.

3M Ago1M AgoCurrent
Buy
17
17
18
Outperform
9
8
9
Hold
24
24
23
Underperform
1
1
1
Sell
2
2
2
Shopify Inc. (SHOP) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

Moving Average
Price

200 Day Moving Average v/s Current Share Price

Moving Average
Price

FAQs

The latest share price target for Shopify Inc. (SHOP) is $107.9, offered by 53 analysts offering 12-month price forecasts.

Shopify Inc. (SHOP) has a maximum of 0.34 upside potential, based on 53 analysts offering 12-month price forecasts.

Based on 53 analysts tracking and researching Shopify Inc. (SHOP), 43.4% have a hold recommendation. Remaining 56.6% have either buy or sell recommendations.

The latest share price of Shopify Inc. (SHOP) is $80.41 as of 05/10/2024.

23 of total 53 analysts offering stock ratings for Shopify Inc. SHOP have recommended hold rating.