Shopify
Stock Forecast, Prediction & Price Target
Shopify (SHOP) stock Price Target by analysts
$101
Potential downside: -27.15%
Shopify price prediction

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.