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Shopify Inc. (SHOP)

$57.81

Shopify Inc. (SHOP) Share Price Forecast
Currently 55 wall-street analysts regularly analyze the financials of Shopify Inc. on a frequent basis to provide recommendations along with target share price. 55 analysts offering 12-month price forecasts for Shopify Inc. (SHOP) have a share price target of $76.56. This median of share price forecast represents a 32.43% upside from the latest price of $57.81 as on 18.05.24.

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 $76.56 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 18.05.24, the difference is -8.05%

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

Difference in Percentage terms
Shopify Inc. (SHOP) Share Price : Analyst Recommendation
Based on 55 analysts tracking and researching Shopify Inc. (SHOP) share have hold recommendation on an average.

3M Ago1M AgoCurrent
Buy
15
15
17
Outperform
7
9
10
Hold
29
27
27
Underperform
2
0
0
Sell
1
1
1
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 $76.56, offered by 55 analysts offering 12-month price forecasts.

Shopify Inc. (SHOP) has a maximum of 0.32 upside potential, based on 55 analysts offering 12-month price forecasts.

Based on 55 analysts tracking and researching Shopify Inc. (SHOP), 49.09% have a hold recommendation. Remaining 50.91% have either buy or sell recommendations.

The latest share price of Shopify Inc. (SHOP) is $57.81 as of 18/05/2024.

27 of total 55 analysts offering stock ratings for Shopify Inc. SHOP have recommended hold rating.