Shopify
Stock Forecast, Prediction & Price Target

Shopify (SHOP) stock Price Target by analysts

Last Year
Average Price Target

$101

Potential downside: -27.15%

Based on 9 analysts

Shopify price prediction

Strike.market

What is Shopify stock analysts` prediction?

Shopify stock forecast: Based on 9 Wall Street analysts` predicted price targets for Shopify in the last 3 months, the avarage price target is $101, with a high forecast of $NaN. The average price target represents a -27.15% change from the last price of $138.65.

Disclaimer: This is not investment advice. Don't use price targets as the only investment indicator. Always remember to do your own thorough research and due diligence before making an investment decision.

Shopify stock Price Target by analysts

Full breakdown of analysts given Shopify price targets

Analyst name & company
Analyst win rate
Publish date
Price target
Price when posted
Source Historical targets
Bhavin Shah
Deutsche Bank
0%
0/3
9 months ago $125 -9.84% downside $115.6 StreetInsider
Previous targets (2)
Terry Tillman
Truist Financial
25%
1/4
10 months ago $110 -20.66% downside $69.3 StreetInsider
Previous targets (3)
Clarke Jeffries
Piper Sandler
25%
1/4
10 months ago $94 -32.20% downside $69.3 StreetInsider
Previous targets (3)
Anthony Chukumba
Loop Capital Markets
0%
0/4
10 months ago $110 -20.66% downside $69.3 StreetInsider
Previous targets (3)
Ken Wong
Oppenheimer
40%
2/5
10 months ago $130 -6.23% downside $108.92 StreetInsider
Previous targets (4)
Mark Mahaney
Evercore ISI
0%
0/2
10 months ago $125 -9.84% downside $108.92 StreetInsider
Previous targets (1)
Kevin Krishnaratne
Scotiabank
0%
0/2
11 months ago $80 -42.30% downside $79.7 StreetInsider
Previous targets (1)
Desmond Lau
Veritas Investment Research
0%
0/1
11 months ago $80 -42.30% downside $79.64 TheFly
Previous targets (0)
Paul Treiber
RBC Capital
33.33%
2/6
11 months ago $100 -27.87% downside $81.63 StreetInsider
Previous targets (5)
Clarke Jeffries
Piper Sandler
25%
1/4
11 months ago $67 -51.67% downside $84.09 StreetInsider
Previous targets (3)
Anthony Chukumba
Loop Capital Markets
0%
0/4
11 months ago $90 -35.08% downside $82.58 TheFly
Previous targets (3)
Andrew Bauch
Wells Fargo
0%
0/1
about 1 year ago $90 -35.08% downside $68.17 TheFly
Previous targets (0)
Jeff Cantwell
Seaport Global
0%
0/1
about 1 year ago $84 -39.41% downside $67.22 TheFly
Previous targets (0)
Tyler Radke
Citigroup
0%
0/2
about 1 year ago $90 -35.08% downside $63.89 StreetInsider
Previous targets (1)
Terry Tillman
Truist Financial
25%
1/4
about 1 year ago $55 -60.33% downside $52.05 TheFly
Previous targets (3)
Justin Patterson
KeyBanc
0%
0/1
about 1 year ago $80 -42.30% downside $59.27 TheFly
Previous targets (0)
Shweta Khajuria
Wolfe Research
0%
0/1
about 1 year ago $80 -42.30% downside $64.21 TheFly
Previous targets (0)
Mark Mahaney
Evercore ISI
0%
0/2
about 1 year ago $75 -45.90% downside $64.69 StreetInsider
Previous targets (1)
Reginald Smith
J.P. Morgan
0%
0/1
over 1 year ago $74 -46.62% downside $63.81 Benzinga
Previous targets (0)
Michael Morton
MoffettNathanson
0%
0/1
over 1 year ago $65 -53.11% downside $61.25 StreetInsider
Previous targets (0)
Jeff Cantwell
Wells Fargo
0%
0/2
over 1 year ago $75 -45.90% downside $56.97 StreetInsider
Previous targets (1)
Gabriela Borges
Goldman Sachs
0%
0/2
over 1 year ago $74 -46.62% downside $57.02 StreetInsider
Previous targets (1)
Andrew Boone
JMP Securities
50%
1/2
over 1 year ago $80 -42.30% downside $62.73 StreetInsider
Previous targets (1)
Paul Treiber
RBC Capital
33.33%
2/6
over 1 year ago $85 -38.69% downside $62.73 StreetInsider
Previous targets (5)
Colin Sebastian
Robert W. Baird
33.33%
1/3
over 1 year ago $77 -44.46% downside $62.73 StreetInsider
Previous targets (2)
Gil Luria
D.A. Davidson
0%
0/1
over 1 year ago $84 -39.41% downside $62.73 StreetInsider
Previous targets (0)
Todd Coupland
CIBC
0%
0/2
over 1 year ago $85 -38.69% downside $62.22 TheFly
Previous targets (1)
Siti Panigrahi
Mizuho Securities
0%
0/1
over 1 year ago $65 -53.11% downside $62.73 StreetInsider
Previous targets (0)
Kevin Krishnaratne
Scotiabank
0%
0/2
over 1 year ago $75 -45.90% downside $62.73 StreetInsider
Previous targets (1)
Bhavin Shah
Deutsche Bank
0%
0/3
over 1 year ago $80 -42.30% downside $62.73 StreetInsider
Previous targets (2)
Clarke Jeffries
Piper Sandler
25%
1/4
over 1 year ago $63 -54.56% downside $62.73 TheFly
Previous targets (3)
Scott Devitt
Wedbush
0%
0/1
over 1 year ago $68 -50.95% downside $62.73 TheFly
Previous targets (0)
Terry Tillman
Truist Financial
25%
1/4
over 1 year ago $85 -38.69% downside $77.32 Benzinga
Previous targets (3)
Keith Weiss
Morgan Stanley
33.33%
1/3
over 1 year ago $85 -38.69% downside $69.51 StreetInsider
Previous targets (2)
Anthony Chukumba
Loop Capital Markets
0%
0/4
over 1 year ago $80 -42.30% downside $70 StreetInsider
Previous targets (3)
Colin Sebastian
Robert W. Baird
33.33%
1/3
over 1 year ago $87 -37.25% downside $78.12 StreetInsider
Previous targets (2)
Ken Wong
Oppenheimer
40%
2/5
over 1 year ago $90 -35.08% downside $77.52 StreetInsider
Previous targets (4)
Andrew Jeffrey
Truist Financial
100%
1/1
over 1 year ago $60 -56.72% downside $90.13 Benzinga
Previous targets (0)
Clarke Jeffries
Piper Sandler
25%
1/4
almost 2 years ago $56 -59.61% downside $72.67 Benzinga
Previous targets (3)
Paul Treiber
RBC Capital
33.33%
2/6
almost 2 years ago $80 -42.30% downside $73.25 Benzinga
Previous targets (5)
Darren Aftahi
Roth Capital
33.33%
1/3
about 2 years ago $76 -45.18% downside $59.07 Benzinga
Previous targets (2)
Paul Treiber
RBC Capital
33.33%
2/6
about 2 years ago $75 -45.90% downside $65.39 Benzinga
Previous targets (5)
Darren Aftahi
Roth Capital
33.33%
1/3
about 2 years ago $73 -47.34% downside $70.07 Benzinga
Previous targets (2)
Ken Wong
Oppenheimer
40%
2/5
about 2 years ago $80 -42.30% downside $64.29 Benzinga
Previous targets (4)
Josh Beck
KeyBanc
33.33%
1/3
over 2 years ago $65 -53.11% downside $62.12 Benzinga
Previous targets (2)
Ken Wong
Oppenheimer
40%
2/5
over 2 years ago $65 -53.11% downside $45.8 Benzinga
Previous targets (4)
Andrew Boone
JMP Securities
50%
1/2
over 2 years ago $65 -53.11% downside $46.57 Benzinga
Previous targets (1)
Josh Beck
Loop Capital Markets
100%
1/1
over 2 years ago $55 -60.33% downside $45.79 Benzinga
Previous targets (0)
Unknown
Citigroup
N/A
over 2 years ago $54 -61.05% downside $53.29 Benzinga
N/A
Unknown
Scotiabank
N/A
over 2 years ago $43 -68.98% downside $49.27 Benzinga
N/A

Shopify Financial Estimates

Shopify Revenue Estimates

Shopify EBITDA Estimates

Shopify Earnings per Share Estimates

Passed Analyst forecast
Metric 12/31/2021 12/31/2022 12/31/2023 12/31/2025 12/31/2026 12/31/2027 12/31/2028
Revenue
 
% change YoY
$4.61B
 
N/A
$5.59B
 
21.42%
$7.06B
 
26.07%
Avg: $10.26B
Low: $9.72B
High: $10.60B
avg. 45.33%
Avg: $12.54B
Low: $12.05B
High: $13.06B
avg. 22.25%
Avg: $15.40B
Low: $14.80B
High: $16.03B
avg. 22.79%
Avg: $18.42B
Low: $17.70B
High: $19.18B
avg. 19.60%
Net Income
 
% change YoY
$2.91B
 
N/A
$-3.46B
 
-218.72%
$132M
 
103.81%
Avg: $1.19B
Low: $777.30M
High: $1.99B
avg. 803.65%
Avg: $1.76B
Low: $997.54M
High: $2.48B
avg. 48.24%
Avg: $2.54B
Low: $2.41B
High: $2.68B
avg. 43.91%
Avg: $3.02B
Low: $2.87B
High: $3.19B
avg. 19.04%
EBITDA
 
% change YoY
$334.95M
 
N/A
$-731.77M
 
-318.47%
$-8M
 
98.90%
Avg: $-169.65M
Low: $-175.34M
High: $-160.77M
avg. -2020.68%
Avg: $-207.40M
Low: $-215.94M
High: $-199.31M
avg. -22.25%
Avg: $-254.67M
Low: $-265.16M
High: $-244.74M
avg. -22.79%
Avg: $-304.61M
Low: $-317.15M
High: $-292.73M
avg. -19.60%
EPS
 
% change YoY
$2.32
 
N/A
-$2.73
 
-217.67%
$0.1
 
103.66%
Avg: $0.93
Low: $0.6
High: $1.54
avg. 832.59%
Avg: $1.31
Low: $0.77
High: $1.92
avg. 40.90%
Avg: $1.96
Low: $1.86
High: $2.07
avg. 49.48%
Avg: $2.34
Low: $2.22
High: $2.46
avg. 19.04%
Operating Expenses
 
% change YoY
$2.21B
 
N/A
$3.57B
 
61.64%
$4.93B
 
37.93%
Avg: $3.21B
Low: $3.04B
High: $3.32B
avg. -34.79%
Avg: $3.93B
Low: $3.77B
High: $4.09B
avg. 22.25%
Avg: $4.82B
Low: $4.64B
High: $5.02B
avg. 22.79%
Avg: $5.77B
Low: $5.55B
High: $6.01B
avg. 19.60%

FAQ

What is Shopify stock earnings growth forecast?

Wall Street analysts estimate the annual average earnings growth rate of 228.71% in 2025-2028.

We have gathered data from 27 analysts. Their low estimate is 777.30M, average is 1.19B and high is 1.99B.

What is Shopify stock revenue growth forecast?

Wall Street analysts forecast annual average revenue growth of 27.49% in 2025-2028.

We have gathered data from 35 analysts. Their low revenue estimate is $9.72B, average is $10.26B and high is $10.60B.

What is Shopify stock earnings per share growth forecast?

Wall Street analysts forecast annual average earnings growth of 235.50% in 2025-2028.

We have gathered data from 27 analysts. Their low earnings per share estimate is $0.6, average is $0.93 and high is $1.54.

What is the best performing analyst?

In the last twelve months 9 analysts have been covering Shopify stock. The most successful analyst is Bhavin Shah.