Analyst Price Target is C$1,821.00
▼ -1.47% Downside 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$1,821.00, with a high forecast of C$2,250.00 and a low forecast of C$1,540.00. The average price target represents a -1.47% upside from the last price of C$1,848.09.
Current Consensus is
The current consensus among 4 investment analysts is to buy stock in Shopify. This rating has held steady since April 2020, when it changed from a Hold consensus rating.
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.