NYSE:SHOP - Shopify Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $1,617.75
  • Forecasted Upside: 83.39 %
  • Number of Analysts: 31
  • Breakdown:
  • 0 Sell Ratings
  • 13 Hold Ratings
  • 18 Buy Ratings
  • 0 Strong Buy Ratings
$882.12
▼ -141.83 (-13.85%)

This chart shows the closing price for SHOP by one month, three months, or twelve months.

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Analyst Price Target for SHOP

Analyst Price Target is $1,617.75
▲ +83.39% Upside Potential
This price target is based on 31 analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is $1,617.75, with a high forecast of $2,000.00 and a low forecast of $1,300.00. The average price target represents a 83.39% upside from the last price of $882.12.

This chart shows the closing price for SHOP for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 31 polled investment analysts is to buy stock in Shopify. This rating has held steady since March 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 14 buy ratings
  • 13 hold ratings
  • 2 sell ratings
7/31/2020
  • 0 strong buy ratings
  • 12 buy ratings
  • 14 hold ratings
  • 2 sell ratings
10/29/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 14 hold ratings
  • 2 sell ratings
1/27/2021
  • 0 strong buy ratings
  • 17 buy ratings
  • 13 hold ratings
  • 1 sell ratings
4/27/2021
  • 0 strong buy ratings
  • 16 buy ratings
  • 13 hold ratings
  • 1 sell ratings
7/26/2021
  • 0 strong buy ratings
  • 18 buy ratings
  • 11 hold ratings
  • 0 sell ratings
10/24/2021
  • 0 strong buy ratings
  • 17 buy ratings
  • 12 hold ratings
  • 0 sell ratings
12/23/2021
  • 0 strong buy ratings
  • 18 buy ratings
  • 13 hold ratings
  • 0 sell ratings
1/22/2022

Latest Recommendations

  • 0 strong buy ratings
  • 18 buy ratings
  • 13 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/20/2022Roth CapitalLower Price Target$1,650.00 ➝ $1,400.00Medium
1/20/2022Deutsche Bank AktiengesellschaftLower Price TargetHold$1,650.00 ➝ $1,400.00Low
1/13/2022Loop CapitalLower Price Target$1,600.00 ➝ $1,300.00High
1/12/2022Stifel NicolausLower Price Target$1,550.00 ➝ $1,300.00Medium
1/12/2022William BlairUpgradeMarket Perform ➝ OutperformLow
1/11/2022Atlantic SecuritiesDowngradeOverweight ➝ NeutralHigh
1/10/2022Piper SandlerLower Price Target$1,650.00 ➝ $1,400.00Low
12/28/2021Roth CapitalLower Price TargetBuy$1,800.00 ➝ $1,650.00Low
12/16/2021Evercore ISIUpgradeIn-Line ➝ Outperform$1,770.00High
12/13/2021The Goldman Sachs GroupInitiated CoverageNeutral$1,570.00High
11/29/2021Jefferies Financial GroupReiterated RatingBuy$1,800.00Low
11/29/2021Rosenblatt SecuritiesReiterated RatingBuy$2,000.00Medium
11/15/2021Loop CapitalDowngradeBuy ➝ Hold$1,600.00Low
11/1/2021Deutsche Bank AktiengesellschaftInitiated CoverageHold$1,650.00Medium
10/31/2021Evercore ISIReiterated RatingNeutral ➝ HoldHigh
10/29/2021Susquehanna BancsharesLower Price TargetPositive$1,800.00 ➝ $1,700.00Medium
10/29/2021SusquehannaLower Price TargetPositive$1,800.00 ➝ $1,700.00Medium
10/29/2021MizuhoLower Price TargetNeutral$1,500.00 ➝ $1,400.00Medium
10/28/2021Stifel NicolausLower Price TargetBuy$1,650.00 ➝ $1,550.00Low
10/14/2021TD SecuritiesInitiated CoverageHoldLow
8/27/2021GuggenheimReiterated RatingHoldLow
7/29/2021DA DavidsonBoost Price TargetNeutral$1,275.00 ➝ $1,450.00Low
7/29/2021WedbushBoost Price TargetOutperform$1,650.00 ➝ $1,800.00Low
7/29/2021Roth CapitalBoost Price TargetBuy$1,750.00 ➝ $1,800.00Low
7/29/2021Robert W. BairdBoost Price TargetOutperform$1,550.00 ➝ $1,700.00Medium
7/29/2021Wolfe ResearchBoost Price TargetOutperform$1,500.00 ➝ $1,980.00Low
7/29/2021ArgusBoost Price TargetBuy$1,650.00 ➝ $1,850.00Low
7/29/2021Rosenblatt SecuritiesBoost Price TargetBuy$1,900.00 ➝ $2,000.00Low
7/29/2021MizuhoBoost Price TargetNeutral$1,300.00 ➝ $1,500.00Medium
7/29/2021Morgan StanleyBoost Price TargetEqual Weight$1,400.00 ➝ $1,500.00Low
7/29/2021Credit Suisse GroupBoost Price TargetNeutral$1,400.00 ➝ $1,700.00Low
7/28/2021Jefferies Financial GroupBoost Price TargetBuy$1,675.00 ➝ $1,800.00Low
7/28/2021OppenheimerBoost Price TargetOutperform$1,500.00 ➝ $1,700.00Low
7/28/2021Stifel NicolausBoost Price TargetBuy$1,600.00 ➝ $1,650.00Low
7/28/2021KeyCorpBoost Price TargetOverweight$1,650.00 ➝ $1,750.00High
7/23/2021Royal Bank of CanadaBoost Price TargetOutperform$1,700.00 ➝ $1,800.00Medium
7/22/2021Susquehanna BancsharesBoost Price TargetPositive$1,500.00 ➝ $1,800.00Medium
7/22/2021Roth CapitalBoost Price TargetBuy$1,530.00 ➝ $1,750.00Medium
7/22/2021Stifel NicolausBoost Price TargetBuy$1,400.00 ➝ $1,600.00Medium
7/22/2021SusquehannaBoost Price TargetPositive$1,500.00 ➝ $1,800.00Medium
7/18/2021GuggenheimSet Price TargetHold$1,442.63High
7/16/2021National BanksharesBoost Price TargetOutperform$1,650.00 ➝ $2,000.00Low
6/30/2021Royal Bank of CanadaBoost Price TargetOutperform$1,500.00 ➝ $1,700.00Low
6/30/2021Loop CapitalBoost Price TargetBuy$1,400.00 ➝ $1,600.00Low
6/30/2021GuggenheimReiterated RatingHoldMedium
6/28/2021BarclaysBoost Price TargetEqual Weight$1,340.00 ➝ $1,700.00Low
5/11/2021Loop CapitalUpgradeHold ➝ Buy$1,400.00High
4/29/2021CitigroupBoost Price Target$1,315.00 ➝ $1,420.00High
4/29/2021Susquehanna BancsharesUpgradePositive$1,500.00Low
4/29/2021Credit Suisse GroupBoost Price TargetNeutral$1,350.00 ➝ $1,400.00High
4/29/2021Morgan StanleyBoost Price TargetEqual Weight$1,300.00 ➝ $1,400.00High
4/29/2021Roth CapitalUpgradeNeutral ➝ Buy$1,325.00 ➝ $1,530.00High
4/29/2021SusquehannaUpgradeNeutral ➝ Positive$1,500.00High
4/28/2021Piper SandlerBoost Price TargetOverweight$1,500.00 ➝ $1,600.00Medium
4/26/2021CIBCLower Price TargetNeutral$1,644.50 ➝ $1,325.00Medium
4/23/2021Robert W. BairdLower Price Target$1,600.00 ➝ $1,550.00Low
4/22/2021GuggenheimReiterated RatingHoldHigh
4/21/2021CitigroupBoost Price Target$1,315.00 ➝ $1,475.00Low
4/13/2021Evercore ISIInitiated CoverageIn-Line$1,360.00Low
4/5/2021Evercore ISIInitiated CoverageIn-Line$1,360.00Low
4/5/2021Credit Suisse GroupReiterated RatingNeutral$1,350.00Low
3/31/2021Wolfe ResearchInitiated CoverageOutperform$1,360.00Medium
3/31/2021Stifel NicolausInitiated CoverageBuy$1,200.00Medium
2/25/2021Wells Fargo & CompanyBoost Price TargetEqual Weight$1,000.00 ➝ $1,550.00High
2/19/2021National Bank FinancialBoost Price TargetOutperform$1,400.00 ➝ $1,650.00Low
2/19/2021MizuhoBoost Price TargetNeutral$1,050.00 ➝ $1,300.00Medium
2/18/2021Royal Bank of CanadaBoost Price TargetOutperform$1,290.00 ➝ $1,500.00Low
2/18/2021Truist FinancialBoost Price Target$1,100.00 ➝ $1,475.00Low
2/18/2021Wells Fargo & CompanyBoost Price Target$1,000.00 ➝ $1,550.00Low
2/18/2021Rosenblatt SecuritiesBoost Price TargetBuy$1,400.00 ➝ $1,900.00Low
2/18/2021DA DavidsonBoost Price TargetNeutral$1,000.00 ➝ $1,275.00Low
2/18/2021Credit Suisse GroupBoost Price TargetNeutral$1,100.00 ➝ $1,350.00Low
2/18/2021Roth CapitalBoost Price TargetNeutral$1,225.00 ➝ $1,325.00Low
2/18/2021Morgan StanleyBoost Price TargetEqual Weight$1,100.00 ➝ $1,300.00Medium
2/18/2021BarclaysBoost Price TargetEqual Weight$1,060.00 ➝ $1,300.00Low
2/18/2021The Goldman Sachs GroupBoost Price TargetBuy$1,323.00 ➝ $1,680.00Medium
2/18/2021OppenheimerBoost Price TargetOutperform$1,300.00 ➝ $1,500.00Medium
2/17/2021KeyCorpBoost Price TargetOverweight$1,350.00 ➝ $1,650.00Medium
2/12/2021WedbushBoost Price TargetOutperform$1,300.00 ➝ $1,650.00Low
2/7/2021The Goldman Sachs GroupInitiated CoverageNeutralHigh
1/15/2021Roth CapitalReiterated RatingNeutral$1,000.00 ➝ $1,225.00Low
1/14/2021OppenheimerUpgradeMarket Perform ➝ OutperformHigh
1/11/2021KeyCorpBoost Price TargetOverweight$1,250.00 ➝ $1,300.00Low
12/4/2020Cleveland ResearchInitiated CoverageBuy$1,206.00Low
12/2/2020Susquehanna BancsharesInitiated CoverageNeutral$950.00Medium
11/19/2020Jefferies Financial GroupUpgradeHold ➝ Buy$1,150.00 ➝ $1,250.00High
10/30/2020Robert W. BairdBoost Price Target$1,200.00 ➝ $1,250.00Low
10/30/2020Morgan StanleyBoost Price TargetEqual Weight$970.00 ➝ $1,050.00High
10/29/2020The Goldman Sachs GroupBoost Price TargetBuy$1,318.00 ➝ $1,323.00High
10/14/2020Roth CapitalBoost Price TargetNeutral$850.00 ➝ $1,000.00Medium
10/6/2020KeyCorpBoost Price TargetOverweight$1,150.00 ➝ $1,250.00Medium
10/5/2020Morgan StanleyInitiated CoverageEqual Weight$970.00Medium
10/1/2020Royal Bank of CanadaReiterated RatingBuy$1,250.00Medium
9/30/2020WedbushUpgradeNeutral ➝ Outperform$998.00 ➝ $1,300.00Medium
9/21/2020Loop CapitalLower Price TargetHold$1,100.00 ➝ $1,000.00High
9/21/2020The Goldman Sachs GroupBoost Price TargetBuy$1,286.00 ➝ $1,318.00High
9/18/2020WedbushReiterated RatingHoldMedium
9/4/2020MizuhoReiterated RatingNeutral$1,050.00Low
8/26/2020Atlantic SecuritiesInitiated CoverageOverweight$1,150.00High
7/30/2020Roth CapitalBoost Price Target$800.00 ➝ $850.00Medium
7/30/2020Robert W. BairdBoost Price Target$1,100.00 ➝ $1,200.00Medium
7/30/2020CitigroupBoost Price TargetNeutral$998.00 ➝ $1,200.00Low
7/30/2020WedbushBoost Price TargetNeutral$860.00 ➝ $998.00Low
7/30/2020DA DavidsonBoost Price TargetNeutral$650.00 ➝ $1,000.00Low
7/30/2020Royal Bank of CanadaBoost Price TargetOutperform$1,000.00 ➝ $1,250.00Low
7/30/2020Rosenblatt SecuritiesReiterated RatingBuy$860.00 ➝ $1,400.00Low
7/30/2020SunTrust BanksBoost Price TargetNeutral ➝ Hold$700.00 ➝ $1,100.00Low
7/30/2020BarclaysBoost Price TargetEqual Weight$960.00 ➝ $1,040.00Low
7/30/2020MizuhoBoost Price TargetNeutral$825.00 ➝ $1,050.00Low
7/30/2020KeyCorpBoost Price TargetOverweight$1,125.00 ➝ $1,150.00Low
7/30/2020Wells Fargo & CompanyBoost Price TargetHold$700.00 ➝ $1,000.00Low
7/29/2020Bank of AmericaReiterated RatingSell$900.00Low
7/29/2020Piper SandlerBoost Price TargetOverweight$1,015.00 ➝ $1,300.00High
7/28/2020Jefferies Financial GroupReiterated RatingHold$725.00 ➝ $725.00Medium
7/28/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$1,127.00Medium
7/24/2020GuggenheimReiterated RatingHoldHigh
7/23/2020Credit Suisse GroupBoost Price TargetNeutral$700.00 ➝ $850.00High
7/23/2020Piper SandlerBoost Price TargetOverweight$843.00 ➝ $1,015.00High
7/22/2020WedbushBoost Price Target$850.00 ➝ $860.00Low
7/22/2020KeyCorpReiterated RatingOverweight$1,000.00 ➝ $1,125.00Low
7/21/2020Roth CapitalBoost Price TargetNeutral$750.00 ➝ $800.00High
7/16/2020BarclaysBoost Price TargetEqual Weight$725.00 ➝ $960.00Medium
7/16/2020CitigroupInitiated CoverageNeutral$998.00Medium
7/14/2020National Bank FinancialBoost Price TargetOutperform$850.00 ➝ $1,250.00Medium
7/2/2020Robert W. BairdReiterated RatingOutperform$820.00 ➝ $820.00Medium
7/1/2020ArgusInitiated CoverageBuy$1,050.00High
6/29/2020The Goldman Sachs GroupBoost Price TargetNeutral$786.00 ➝ $1,127.00Low
6/24/2020KeyCorpReiterated RatingOverweight$805.00 ➝ $1,000.00High
6/18/2020Royal Bank of CanadaBoost Price TargetOutperform$825.00 ➝ $1,000.00High
6/15/2020National Bank FinancialReiterated RatingBuy$850.00Low
6/15/2020Piper SandlerUpgradeNeutral ➝ Overweight$733.00 ➝ $843.00High
6/2/2020KeyCorpBoost Price TargetOverweight$775.00 ➝ $805.00Low
5/28/2020Rosenblatt SecuritiesReiterated RatingBuy$860.00Medium
5/21/2020DA DavidsonReiterated RatingHold$650.00Medium
5/21/2020Credit Suisse GroupReiterated RatingHold ➝ NeutralLow
5/19/2020Robert W. BairdReiterated RatingBuyMedium
5/7/2020National Bank FinancialBoost Price TargetOutperform$800.00 ➝ $850.00Medium
5/7/2020Bank of AmericaBoost Price TargetUnderperform$350.00 ➝ $500.00Low
5/7/2020Rosenblatt SecuritiesBoost Price TargetBuy$630.00 ➝ $860.00Medium
5/7/2020Royal Bank of CanadaBoost Price TargetOutperform$650.00 ➝ $825.00Low
5/7/2020Loop CapitalBoost Price TargetNeutral ➝ Hold$350.00 ➝ $700.00Low
5/7/2020SunTrust BanksBoost Price TargetHold$585.00 ➝ $700.00Low
5/7/2020Credit Suisse GroupBoost Price TargetNeutral$575.00 ➝ $700.00Low
5/7/2020MizuhoBoost Price TargetNeutral$350.00 ➝ $600.00Medium
5/7/2020DA DavidsonDowngradeBuy ➝ Neutral$400.00 ➝ $650.00Low
5/7/2020Piper SandlerBoost Price TargetNeutral$332.00 ➝ $733.00Low
5/7/2020BarclaysBoost Price TargetEqual Weight$410.00 ➝ $725.00Medium
5/7/2020Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$500.00 ➝ $700.00Medium
5/6/2020OppenheimerInitiated CoverageHoldMedium
5/6/2020Robert W. BairdBoost Price TargetOutperform$475.00 ➝ $820.00Medium
5/6/2020Jefferies Financial GroupBoost Price TargetHold$400.00 ➝ $725.00Medium
5/6/2020Roth CapitalReiterated RatingHold$320.00 ➝ $625.00Medium
5/4/2020Pi FinancialReiterated RatingBuy$830.00High
5/4/2020KeyCorpBoost Price TargetOverweight$500.00 ➝ $700.00High
4/28/2020WedbushBoost Price TargetPositive ➝ Neutral$445.00 ➝ $550.00Low
4/24/2020National Bank FinancialBoost Price TargetOutperform$550.00 ➝ $700.00High
4/21/2020Rosenblatt SecuritiesReiterated RatingBuy$630.00High
4/17/2020Raymond JamesDowngradeOutperform ➝ Market PerformMedium
4/16/2020BarclaysReiterated RatingHold$410.00High
4/8/2020Wells Fargo & CompanyLower Price TargetOverweight$600.00 ➝ $500.00High
4/7/2020Raymond JamesDowngradeOutperform ➝ Market PerformHigh
4/6/2020DA DavidsonLower Price TargetBuy$675.00 ➝ $500.00High
4/2/2020National Bank FinancialLower Price TargetOutperform$600.00 ➝ $550.00High
4/2/2020Roth CapitalLower Price Target$490.00 ➝ $320.00Medium
4/2/2020Royal Bank of CanadaReiterated RatingBuyMedium
4/2/2020Raymond JamesLower Price TargetOutperform$600.00 ➝ $400.00High
4/2/2020MizuhoLower Price TargetBuy$500.00 ➝ $350.00High
4/1/2020Robert W. BairdLower Price Target$590.00 ➝ $475.00High
3/31/2020Piper SandlerLower Price TargetNeutral$545.00 ➝ $332.00Medium
3/23/2020KeyCorpLower Price TargetOverweight$575.00 ➝ $500.00High
3/22/2020BarclaysReiterated RatingHold$330.00High
3/20/2020Loop CapitalLower Price TargetHold$540.00 ➝ $350.00High
2/14/2020National Bank FinancialReiterated RatingBuy$600.00Low
2/13/2020Roth CapitalBoost Price Target$390.00 ➝ $490.00Low
2/13/2020CIBCReiterated RatingHold$600.00High
2/13/2020DA DavidsonReiterated RatingBuy ➝ Positive$675.00High
2/13/2020SunTrust BanksBoost Price TargetHold$340.00 ➝ $585.00High
2/13/2020Robert W. BairdBoost Price TargetOutperform$465.00 ➝ $590.00Medium
2/13/2020WedbushBoost Price TargetNeutral$325.00 ➝ $475.00Medium
2/13/2020Wells Fargo & CompanyBoost Price TargetOverweight$400.00 ➝ $600.00Medium
2/13/2020KeyCorpBoost Price TargetOverweight$485.00 ➝ $575.00Medium
2/13/2020Rosenblatt SecuritiesReiterated RatingBuy$481.00 ➝ $630.00Medium
2/13/2020UBS GroupReiterated RatingUnderperform$450.00Medium
2/12/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$450.00 ➝ $575.00Medium
2/12/2020Pi FinancialUpgradeNeutral ➝ BuyLow
2/12/2020Raymond JamesReiterated RatingOutperform$365.00 ➝ $600.00High
2/12/2020Royal Bank of CanadaBoost Price TargetOutperform$400.00 ➝ $650.00High
2/9/2020Royal Bank of CanadaReiterated RatingOutperform$400.00 ➝ $650.00High
1/28/2020National Bank FinancialBoost Price TargetOutperform$450.00 ➝ $500.00High
1/26/2020BarclaysReiterated RatingHold$420.00High
1/22/2020Pi FinancialDowngradeHoldMedium
1/22/2020Roth CapitalBoost Price TargetNeutral$330.00 ➝ $390.00High
1/22/2020CIBCReiterated RatingHold$525.00Medium
1/21/2020Robert W. BairdBoost Price Target$400.00 ➝ $465.00Low
1/21/2020KeyCorpBoost Price TargetOverweight$385.00 ➝ $485.00High
1/15/2020Loop CapitalInitiated CoverageHold$420.00Low
1/13/2020Credit Suisse GroupBoost Price TargetOutperform$370.00 ➝ $450.00Medium
1/9/2020MizuhoInitiated CoverageNeutral$410.00Low
1/3/2020National Bank FinancialBoost Price TargetOutperform$400.00 ➝ $450.00Medium
12/3/2019GuggenheimReiterated RatingHoldHigh
10/30/2019Rosenblatt SecuritiesReiterated RatingBuy$481.00Low
10/28/2019Royal Bank of CanadaReiterated RatingOutperform$400.00Low
10/25/2019GuggenheimReiterated RatingHoldLow
10/22/2019Rosenblatt SecuritiesReiterated RatingBuy$481.00High
10/8/2019CIBCSet Price TargetHold$350.00Low
9/11/2019Credit Suisse GroupReiterated RatingBuy$370.00High
9/10/2019Piper Jaffray CompaniesSet Price TargetHold$320.00Low
9/10/2019Jefferies Financial GroupSet Price TargetHold$300.00Low
9/10/2019William BlairReiterated RatingHoldLow
9/10/2019National Bank FinancialSet Price TargetBuy$400.00N/A
9/10/2019Roth CapitalSet Price TargetHold$325.00N/A
9/9/2019Robert W. BairdBoost Price TargetOutperform$370.00 ➝ $410.00High
8/27/2019Rosenblatt SecuritiesBoost Price TargetBuy$410.00 ➝ $481.00Medium
8/2/2019National Bank FinancialBoost Price TargetOutperform$350.00 ➝ $400.00Low
8/2/2019CSFBBoost Price TargetOutperform$275.00 ➝ $370.00Low
8/2/2019Raymond JamesBoost Price TargetOutperform$270.00 ➝ $365.00Low
8/2/2019Bank of AmericaBoost Price TargetUnderperform$185.00 ➝ $300.00Medium
8/2/2019Royal Bank of CanadaBoost Price TargetOutperform$400.00Medium
8/2/2019KeyCorpBoost Price TargetOverweight$350.00 ➝ $385.00Medium
8/2/2019Rosenblatt SecuritiesReiterated RatingBuy$410.00Medium
8/1/2019William BlairReiterated RatingMarket PerformLow
8/1/2019Robert W. BairdBoost Price Target$360.00 ➝ $370.00Medium
8/1/2019Piper Jaffray CompaniesBoost Price TargetNeutral$286.00 ➝ $320.00Medium
8/1/2019Jefferies Financial GroupBoost Price TargetHold$250.00 ➝ $300.00Medium
7/21/2019Roth CapitalSet Price TargetHold$300.00N/A
7/15/2019MackieBoost Price TargetBuy$280.00 ➝ $360.00Low
7/8/2019KeyCorpReiterated RatingOverweight ➝ Overweight$300.00 ➝ $350.00High
6/26/2019Jefferies Financial GroupBoost Price TargetHold$205.00 ➝ $250.00Low
6/25/2019WedbushDowngradeOutperform ➝ Neutral$270.00 ➝ $305.00High
6/24/2019Roth CapitalDowngradeBuy ➝ Neutral$275.00 ➝ $300.00Low
6/24/2019DA DavidsonBoost Price TargetBuy$290.00 ➝ $400.00High
6/21/2019Royal Bank of CanadaBoost Price TargetOutperform$265.00 ➝ $347.00Low
6/21/2019BarclaysBoost Price TargetEqual Weight$225.00 ➝ $310.00Low
6/20/2019National Bank FinancialBoost Price TargetOutperform$270.00 ➝ $350.00Low
6/20/2019Robert W. BairdBoost Price TargetOutperform$269.00 ➝ $360.00High
6/20/2019Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$295.00 ➝ $395.00High
6/20/2019UBS GroupBoost Price TargetBuy$295.00 ➝ $395.00High
6/20/2019Piper Jaffray CompaniesBoost Price TargetNeutral$216.00 ➝ $286.00Medium
6/20/2019CIBCDowngradeOutperform ➝ Neutral$260.00 ➝ $350.00Medium
6/7/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$264.00Medium
6/6/2019KeyCorpBoost Price TargetOverweight$275.00 ➝ $300.00Medium
5/14/2019Morgan StanleyDowngradeEqual Weight ➝ Underweight$173.00 ➝ $209.00Medium
5/13/2019GuggenheimDowngradeBuy ➝ NeutralLow
5/1/2019National Bank FinancialBoost Price TargetOutperform$250.00 ➝ $270.00High
5/1/2019DA DavidsonBoost Price TargetBuy ➝ Buy$210.00 ➝ $290.00Medium
5/1/2019Credit Suisse GroupBoost Price TargetOutperform$190.00 ➝ $275.00Low
5/1/2019BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$155.00 ➝ $225.00Low
5/1/2019Wells Fargo & CompanyBoost Price TargetOutperform ➝ Outperform$195.00 ➝ $275.00Medium
5/1/2019SunTrust BanksBoost Price TargetPositive ➝ Hold$245.00Medium
5/1/2019KeyCorpBoost Price TargetBuy$250.00 ➝ $275.00Medium
4/30/2019Piper Jaffray CompaniesBoost Price TargetNeutral$149.00 ➝ $216.00Medium
4/30/2019Roth CapitalBoost Price Target$275.00 ➝ $225.00Medium
4/30/2019Robert W. BairdBoost Price TargetOutperform$208.00 ➝ $269.00Low
4/29/2019KeyCorpInitiated CoverageOverweight ➝ Overweight$250.00Medium
4/29/2019WedbushReiterated RatingOutperform ➝ Outperform$200.00 ➝ $270.00Low
4/24/2019National Bank FinancialBoost Price TargetOutperform$200.00 ➝ $250.00Low
4/11/2019Roth CapitalBoost Price TargetBuy$200.00 ➝ $225.00Medium
3/27/2019MacquarieBoost Price TargetOutperform$230.00Medium
2/14/2019Rosenblatt SecuritiesBoost Price TargetBuy$190.00 ➝ $212.00Low
2/14/2019SunTrust BanksReiterated RatingHold$170.00Medium
2/14/2019GuggenheimSet Price TargetBuy$200.00Medium
2/13/2019Roth CapitalBoost Price TargetBuy$180.00 ➝ $200.00Medium
2/13/2019Robert W. BairdBoost Price TargetOutperform$165.00 ➝ $188.00Medium
2/13/2019National Bank FinancialBoost Price TargetOutperform$180.00 ➝ $200.00Low
2/13/2019MackieBoost Price TargetBuy$170.00 ➝ $210.00Low
2/13/2019Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$158.00 ➝ $173.00Low
2/13/2019Raymond JamesBoost Price TargetOutperform$155.00 ➝ $180.00Low
2/13/2019KeyCorpBoost Price TargetOverweight ➝ Overweight$182.00 ➝ $197.00Low
2/13/2019Wells Fargo & CompanyBoost Price TargetOutperform ➝ Outperform$175.00 ➝ $195.00Low
2/13/2019DA DavidsonBoost Price TargetBuy ➝ Buy$150.00 ➝ $210.00High
2/13/2019Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$180.00 ➝ $230.00High
2/11/2019Royal Bank of CanadaBoost Price TargetOutperform ➝ Sector Perform$159.00 ➝ $180.00High
2/11/2019WedbushBoost Price TargetOutperform ➝ Outperform$177.00 ➝ $200.00High
1/28/2019WedbushReiterated RatingOutperform$177.00Low
12/21/2018DA DavidsonUpgradeNeutral ➝ Buy$150.00High
12/18/2018Wells Fargo & CompanyInitiated CoverageOutperform ➝ Outperform$175.00Medium
10/27/2018Royal Bank of CanadaBoost Price TargetSector Perform$157.00 ➝ $159.00High
10/26/2018MacquarieSet Price TargetBuy$185.00High
10/26/2018Rosenblatt SecuritiesSet Price TargetBuy$190.00Low
10/1/2018Jefferies Financial GroupInitiated CoverageHold$175.00High
9/13/2018WedbushInitiated CoverageOutperform ➝ Outperform$177.00Low
9/4/2018Rosenblatt SecuritiesInitiated CoverageBuy ➝ Buy$188.00Low
8/7/2018GuggenheimInitiated CoverageBuy$180.00Low
8/1/2018Roth CapitalLower Price TargetBuy$192.00 ➝ $180.00High
8/1/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Hold$140.00 ➝ $151.00Low
8/1/2018BarclaysLower Price TargetEqual Weight ➝ Equal Weight$155.00 ➝ $145.00Low
7/31/2018Piper Jaffray CompaniesDowngradeOverweight ➝ Neutral$145.00Medium
7/31/2018Robert W. BairdBoost Price TargetOutperform$150.00 ➝ $165.00Medium
7/26/2018Royal Bank of CanadaBoost Price TargetSector Perform$126.00 ➝ $157.00Low
7/24/2018Roth CapitalBoost Price TargetBuy ➝ Buy$165.00 ➝ $192.00High
7/23/2018National Bank FinancialBoost Price Target$173.26$160.00 ➝ $180.00Low
7/23/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$125.00 ➝ $155.00Low
6/19/2018KeyCorpReiterated RatingOverweight ➝ Overweight$170.00 ➝ $182.00Low
5/22/2018Morgan StanleySet Price TargetHold$140.00Low
5/11/2018Roth CapitalBoost Price TargetBuy$152.00 ➝ $165.00Low
5/10/2018DA DavidsonBoost Price TargetNeutral$130.00Low
5/2/2018MackieSet Price TargetBuy$170.00High
5/2/2018Royal Bank of CanadaBoost Price TargetSector Perform$120.00 ➝ $126.00Low
5/2/2018BarclaysBoost Price TargetEqual Weight ➝ Equal Weight$120.00 ➝ $125.00Medium
3/22/2018KeyCorpBoost Price TargetOverweight ➝ Overweight$150.00 ➝ $170.00High
3/1/2018National Bank FinancialSet Price TargetOutperform$160.00Low
2/22/2018MacquarieReiterated RatingOutperform ➝ Outperform$155.00 ➝ $150.00Low
2/20/2018DA DavidsonBoost Price TargetNeutral$120.00High
2/16/2018National Bank FinancialBoost Price TargetOutperform$150.00 ➝ $160.00Low
2/16/2018KeyCorpBoost Price TargetOverweight ➝ Overweight$140.00 ➝ $150.00Low
2/16/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$120.00 ➝ $140.00Low
2/16/2018Robert W. BairdBoost Price TargetOutperform$110.00 ➝ $158.00Low
2/16/2018Royal Bank of CanadaBoost Price TargetSector Perform$103.00 ➝ $120.00Low
2/16/2018Piper Jaffray CompaniesBoost Price TargetOverweight$110.00 ➝ $115.00Low
2/15/2018William BlairReiterated RatingMarket PerformHigh
2/15/2018Monness Crespi & HardtReiterated RatingBuy ➝ Buy$125.00 ➝ $150.00Medium
2/13/2018Roth CapitalReiterated RatingBuy ➝ Buy$127.00 ➝ $144.00Medium
2/12/2018WedbushReiterated RatingOutperform ➝ Outperform$120.00 ➝ $140.00High
2/8/2018DA DavidsonBoost Price TargetNeutral$110.00Medium
1/30/2018National Bank FinancialBoost Price TargetOutperform$120.00 ➝ $150.00Low
1/30/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$116.00 ➝ $120.00Low
11/27/2017KeyCorpReiterated RatingOverweight$116.00 ➝ $140.00Medium
11/21/2017Roth CapitalBoost Price TargetBuy$119.00 ➝ $127.00N/A
11/5/2017BarclaysReiterated RatingHold ➝ NeutralN/A
11/2/2017WedbushReiterated RatingOutperform$120.00N/A
11/1/2017Royal Bank of CanadaBoost Price TargetSector Perform$99.00 ➝ $132.50N/A
11/1/2017BarclaysBoost Price TargetEqual Weight$90.00 ➝ $95.00N/A
11/1/2017Piper Jaffray CompaniesReiterated RatingBuy$110.00N/A
11/1/2017KeyCorpReiterated RatingBuy$116.00N/A
11/1/2017Roth CapitalBoost Price TargetBuy ➝ Buy$117.00 ➝ $119.00N/A
10/31/2017Piper Jaffray CompaniesBoost Price Target$110.00 ➝ $120.00N/A
10/31/2017OppenheimerReiterated RatingHoldN/A
10/27/2017Monness Crespi & HardtUpgradeNeutral ➝ Buy$125.00N/A
10/11/2017KeyCorpSet Price TargetBuy$116.00N/A
10/10/2017Royal Bank of CanadaReiterated RatingHold$99.00N/A
10/6/2017Piper Jaffray CompaniesReiterated RatingBuy$110.00N/A
10/6/2017Morgan StanleyReiterated RatingEqual Weight$109.00N/A
10/5/2017Robert W. BairdReiterated RatingOutperform$110.00N/A
9/29/2017Robert W. BairdReiterated RatingBuy$110.00Low
9/20/2017MacquarieBoost Price TargetOutperform$121.00 ➝ $146.00Medium
9/8/2017KeyCorpReiterated RatingBuy$116.00Low
9/6/2017DA DavidsonInitiated CoverageNeutral ➝ Neutral$95.00High
9/5/2017Piper Jaffray CompaniesReiterated RatingBuy$110.00Low
8/24/2017Ifs SecuritiesInitiated CoverageOutperform$115.00Medium
8/9/2017OppenheimerReiterated RatingHoldHigh
8/8/2017Royal Bank of CanadaReiterated RatingSector Perform$78.00 ➝ $99.00Medium
8/8/2017WedbushReiterated RatingOutperform$100.00 ➝ $115.00Medium
8/2/2017BarclaysReiterated RatingEqual Weight$70.00 ➝ $90.00Low
8/2/2017WedbushReiterated RatingOurperformMedium
8/2/2017WedbushBoost Price TargetOutperform ➝ Outperform$100.00 ➝ $115.00Medium
8/2/2017Roth CapitalSet Price TargetBuy$117.00High
8/2/2017KeyCorpReiterated RatingOverweightHigh
8/2/2017Robert W. BairdBoost Price TargetOutperform$95.00 ➝ $110.00High
8/2/2017Royal Bank of CanadaBoost Price TargetSector Perform ➝ Sector Perform$78.00 ➝ $99.00High
8/1/2017OppenheimerReiterated RatingHoldHigh
8/1/2017Piper Jaffray CompaniesReiterated RatingOverweight ➝ Overweight$85.00 ➝ $110.00High
7/26/2017Roth CapitalBoost Price TargetBuy$92.00 ➝ $101.00High
7/18/2017Robert W. BairdReiterated RatingOutperform$95.00Medium
7/13/2017William BlairReiterated RatingMarket PerformLow
7/12/2017BenchmarkInitiated CoverageHold ➝ HoldHigh
7/3/2017Robert W. BairdReiterated RatingOutperformLow
6/26/2017SunTrust BanksInitiated CoverageHold$90.00High
6/23/2017StephensReiterated RatingEqual Weight$97.00High
6/13/2017The Goldman Sachs GroupDowngradeBuy ➝ Neutral$100.80 ➝ $96.00Low
5/26/2017Industrial Alliance SecuritiesBoost Price TargetBuy$87.00 ➝ $134.00Low
5/23/2017CSFBReiterated RatingOutperform$128.00Low
5/23/2017Credit Suisse GroupReiterated RatingOutperform ➝ Outperform$95.00Low
5/22/2017Robert W. BairdReiterated RatingOutperform$95.00Low
5/15/2017Robert W. BairdReiterated RatingOutperform$95.00Low
5/15/2017Roth CapitalBoost Price TargetBuy$82.00 ➝ $92.00High
5/9/2017Credit Suisse GroupBoost Price TargetOutperform$90.00 ➝ $95.00High
5/5/2017Roth CapitalReiterated RatingBuy$82.00 ➝ $92.00Medium
5/3/2017Royal Bank of CanadaBoost Price TargetSector Perform$77.00 ➝ $78.00Low
5/3/2017WedbushBoost Price TargetOutperform$85.00 ➝ $95.00Low
5/3/2017Morgan StanleyBoost Price TargetEqual Weight$80.00 ➝ $87.00Low
5/3/2017BarclaysBoost Price TargetEqual Weight$64.00 ➝ $70.00Low
5/3/2017Eight CapitalUpgradeNeutral ➝ BuyLow
5/3/2017Maxim GroupReiterated RatingHoldLow
5/3/2017Bank of AmericaDowngradeNeutral ➝ Underperform$62.00 ➝ $84.00Medium
5/1/2017Monness Crespi & HardtDowngradeBuy ➝ NeutralHigh
4/27/2017BTIG ResearchDowngradeBuy ➝ NeutralLow
4/26/2017Raymond JamesDowngradeOutperform ➝ Sector Perform$104.50Medium
4/26/2017Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$77.00High
4/25/2017Maxim GroupReiterated RatingHoldHigh
4/25/2017Roth CapitalSet Price TargetBuy$82.00High
4/23/2017MackieReiterated RatingBuy$70.00 ➝ $95.00Medium
4/21/2017WedbushReiterated RatingOutperform ➝ Outperform$75.00 ➝ $85.00Low
3/28/2017BarclaysInitiated CoverageEqual Weight$64.00Low
3/21/2017BTIG ResearchReiterated RatingBuy$65.00 ➝ $75.00High
3/21/2017Pacific CrestBoost Price TargetOverweight$66.00 ➝ $78.00High
3/2/2017National Bank FinancialReiterated RatingOutperform$80.00N/A
2/16/2017Summit RedstoneBoost Price TargetBuy$48.00 ➝ $69.00N/A
2/16/2017Susquehanna BancsharesBoost Price TargetBuy$48.00 ➝ $69.00N/A
2/16/2017Summit ResearchBoost Price TargetBuy$48.00 ➝ $69.00N/A
2/16/2017MackieBoost Price TargetBuy$60.00 ➝ $70.00N/A
2/16/2017WedbushBoost Price TargetOutperform$50.00 ➝ $75.00N/A
2/15/2017Robert W. BairdBoost Price TargetOutperform$48.00 ➝ $69.00N/A
2/13/2017BTIG ResearchReiterated RatingBuy$55.00 ➝ $65.00N/A
2/13/2017Monness Crespi & HardtBoost Price TargetBuy$50.00 ➝ $63.00N/A
2/13/2017Royal Bank of CanadaBoost Price TargetOutperform$52.00 ➝ $63.00N/A
2/13/2017Royal Bank of CanadaReiterated RatingBuy$52.00 ➝ $63.00N/A
(Data available from 1/22/2017 forward)

News Sentiment Rating

0.19 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/26/2021
  • 10 very positive mentions
  • 37 positive mentions
  • 6 negative mentions
  • 3 very negative mentions
7/26/2021
  • 7 very positive mentions
  • 35 positive mentions
  • 9 negative mentions
  • 0 very negative mentions
8/25/2021
  • 12 very positive mentions
  • 24 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
9/24/2021
  • 1 very positive mentions
  • 25 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
10/24/2021
  • 8 very positive mentions
  • 26 positive mentions
  • 7 negative mentions
  • 1 very negative mentions
11/23/2021
  • 9 very positive mentions
  • 20 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
12/23/2021
  • 9 very positive mentions
  • 28 positive mentions
  • 13 negative mentions
  • 3 very negative mentions
1/22/2022

Current Sentiment

  • 9 very positive mentions
  • 28 positive mentions
  • 13 negative mentions
  • 3 very negative mentions

Recent Stories by Sentiment

Shopify logo
Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded by Tobias Albin Lütke, Daniel Weinand, and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada.
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Today's Range

Now: $882.12
Low: $868.75
High: $1,013.64

50 Day Range

MA: $1,372.25
Low: $882.12
High: $1,690.60

52 Week Range

Now: $882.12
Low: $868.75
High: $1,762.92

Volume

5,328,679 shs

Average Volume

2,055,000 shs

Market Capitalization

$110.06 billion

P/E Ratio

32.88

Dividend Yield

N/A

Beta

1.42

Frequently Asked Questions

What sell-side analysts currently cover shares of Shopify?

The following equities research analysts have issued stock ratings on Shopify in the last twelve months: Argus, Atlantic Securities, Barclays PLC, CIBC, Citigroup Inc., Credit Suisse Group AG, DA Davidson, Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, Jefferies Financial Group Inc., KeyCorp, Loop Capital, Mizuho, Morgan Stanley, National Bank Financial, National Bankshares, Inc., Oppenheimer Holdings Inc., Piper Sandler, Robert W. Baird, Rosenblatt Securities, Roth Capital, Royal Bank of Canada, Stifel Nicolaus, Susquehanna, Susquehanna Bancshares, Inc., TD Securities, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., Wedbush, Wells Fargo & Company, William Blair, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for SHOP.

What is the current price target for Shopify?

30 Wall Street analysts have set twelve-month price targets for Shopify in the last year. Their average twelve-month price target is $1,617.75, suggesting a possible upside of 83.4%. National Bankshares, Inc. has the highest price target set, predicting SHOP will reach $2,000.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $1,300.00 for Shopify in the next year.
View the latest price targets for SHOP.

What is the current consensus analyst rating for Shopify?

Shopify currently has 13 hold ratings and 18 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SHOP will outperform the market and that investors should add to their positions of Shopify.
View the latest ratings for SHOP.

What other companies compete with Shopify?

How do I contact Shopify's investor relations team?

Shopify's physical mailing address is 150 Elgin Street 8th Floor, Ottawa A6, K2P 1L4. The software maker's listed phone number is (613) 241-2828 and its investor relations email address is [email protected] The official website for Shopify is www.shopify.ca.