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Shopify - SHOP Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$198.00
  • Forecasted Upside: 8.93%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$181.77 As of 09/16/2026 05:24 PM ET
▲ +0.97 (0.54%)

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 C$198.00
▲ +8.93% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is C$198.00, with a high forecast of C$260.00 and a low forecast of C$159.00. The average price target represents a 8.93% upside from the last price of C$181.77.

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 Moderate Buy

The current consensus among 4 contributing investment analysts is to moderate buy stock in Shopify. This rating has held steady since March 2026, 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
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2025
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2025
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/21/2025
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/20/2025
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2026
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/18/2026
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/17/2026
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/16/2026

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/6/2026ATB Cormark Capital MarketsBoost TargetOutperformC$240.00 ➝ C$260.00
8/6/2026TDBoost TargetBuyC$159.00 ➝ C$175.00
5/6/2026ATB Cormark Capital MarketsLower TargetOutperformC$250.00 ➝ C$240.00
4/6/2026Wells Fargo & CompanyLower TargetOverweight$191.00 ➝ $166.00
2/10/2026ATB Cormark Capital MarketsUpgradeSector Perform ➝ OutperformC$250.00
11/5/2025TD SecuritiesBoost TargetHoldC$156.00 ➝ C$159.00
11/5/2025ATB Cormark Capital MarketsBoost TargetC$220.00 ➝ C$250.00
8/7/2025Royal Bank Of CanadaDowngradeOutperform ➝ Sector PerformC$160.00 ➝ C$220.00
5/9/2025ATB Cormark Capital MarketsBoost TargetOutperformC$155.00 ➝ C$160.00
5/6/2025ATB Cormark Capital MarketsLower TargetSector PerformC$170.00 ➝ C$155.00
2/12/2025MizuhoBoost TargetHoldC$105.00 ➝ C$110.00
11/13/2024ATB Cormark Capital MarketsDowngradeOutperform ➝ Sector PerformC$120.00 ➝ C$145.00
11/13/2024National Bank FinancialBoost TargetC$100.00 ➝ C$140.00
8/8/2024ATB Cormark Capital MarketsBoost TargetC$115.00 ➝ C$120.00
2/14/2024Canaccord Genuity GroupBoost TargetBuyC$86.00 ➝ C$90.00
12/6/2023ATB Cormark Capital MarketsDowngradeOutperform ➝ Sector PerformC$105.00
12/6/2023Royal Bank Of CanadaBoost TargetOutperformC$80.00 ➝ C$100.00
11/3/2023ATB Cormark Capital MarketsBoost TargetOutperformC$95.00 ➝ C$105.00
8/3/2023CSFBBoost TargetNeutralC$55.00 ➝ C$62.00
8/3/2023Royal Bank Of CanadaBoost TargetOutperformC$75.00 ➝ C$80.00
8/3/2023ATB Cormark Capital MarketsBoost TargetOutperformC$90.00 ➝ C$95.00
5/5/2022Veritas Investment ResearchReiterated RatingSell
2/7/2022Royal Bank Of CanadaLower TargetOutperformC$1,840.00
1/20/2022Deutsche Bank AktiengesellschaftLower TargetHoldC$1,650.00 ➝ C$1,400.00
11/2/2021Deutsche Bank AktiengesellschaftReiterated RatingHoldC$1,650.00
10/29/2021Canadian Imperial Bank of CommerceLower TargetOutperformC$2,168.00
10/28/2021Royal Bank Of CanadaReiterated RatingOutperformC$2,224.00
(Data available from 9/16/2021 forward)

News Sentiment Rating

0.03 (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
  • 4 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2026
  • 2 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/20/2026
  • 0 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/19/2026
  • 3 very positive mentions
  • 20 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/19/2026
  • 3 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/18/2026
  • 1 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
Mentions as of
7/18/2026
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
8/17/2026
  • 1 very positive mentions
  • 10 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
9/16/2026

Current Sentiment

  • 1 very positive mentions
  • 10 positive mentions
  • 5 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Shopify logo
Shopify provides essential internet infrastructure for commerce. Shopify's all-in-one platform makes it easier to start, run, and grow a business, powering sales online, in-store, and everywhere in between. Millions of businesses in 175+ countries use Shopify-from entrepreneurs to brands like Aldo, BarkBox, Carrier, Meta, Vuori, SKIMS, and Supreme.
Read More

Today's Range

Now: C$181.77
Low: C$179.60
High: C$184.90

50 Day Range

MA: C$189.87
Low: C$157.86
High: C$220.97

52 Week Range

Now: C$181.77
Low: C$129.01
High: C$253.10

Volume

1,262,884 shs

Average Volume

2,040,230 shs

Market Capitalization

C$233.87 billion

P/E Ratio

122.82

Dividend Yield

N/A

Beta

2.435206

Frequently Asked Questions

What sell-side analysts currently cover shares of Shopify?

The following Wall Street sell-side analysts have issued reports on Shopify in the last twelve months: ATB Cormark Capital Markets, TD, TD Securities, and Wells Fargo & Company.
View the latest analyst ratings for SHOP.

What is the current price target for Shopify?

0 Wall Street analysts have set twelve-month price targets for Shopify in the last year. Their average twelve-month price target is C$198.00, suggesting a possible upside of 9.5%. ATB Cormark Capital Markets has the highest price target set, predicting SHOP will reach C$260.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of C$159.00 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 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for SHOP.

What other companies compete with Shopify?

Other companies that are similar to Shopify include Tucows, Shopify, CGI, Converge Technology Solutions and Solium Capital. Learn More about companies similar to Shopify.

How do I contact Shopify's investor relations team?

Shopify's physical mailing address is 151 O'Connor Street, Ottawa, ON, K2P 2L8. The company's listed phone number is +1-613-2412828. The official website for Shopify is www.shopify.com. Learn More about contacing Shopify investor relations.