Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
130.20
-4.59 (-3.41%)
At close: Mar 6, 2026, 4:00 PM EST
130.00
-0.20 (-0.15%)
After-hours: Mar 6, 2026, 7:11 PM EST
Shopify Stock Forecast
Stock Price Forecast
The 32 analysts with 12-month price forecasts for Shopify stock have an average target of 162.84, with a low estimate of 105 and a high estimate of 200. The average target predicts an increase of 25.07% from the current stock price of 130.20.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shopify stock from 33 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Buy | 16 | 16 | 15 | 15 | 18 | 18 |
| Hold | 12 | 12 | 11 | 11 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 34 | 34 | 32 | 32 | 33 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $160 → $125 | Hold | Maintains | $160 → $125 | -3.99% | Feb 17, 2026 |
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $110 → $150 | Hold → Strong Buy | Upgrades | $110 → $150 | +15.21% | Feb 17, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $195 → $172 | Strong Buy | Maintains | $195 → $172 | +32.10% | Feb 13, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $200 → $170 | Buy | Maintains | $200 → $170 | +30.57% | Feb 12, 2026 |
| UBS | UBS | Hold Maintains $165 → $145 | Hold | Maintains | $165 → $145 | +11.37% | Feb 12, 2026 |
Financial Forecast
Revenue This Year
14.94B
from 11.56B
Increased by 29.30%
Revenue Next Year
18.48B
from 14.94B
Increased by 23.68%
EPS This Year
1.85
from 0.94
Increased by 96.50%
EPS Next Year
2.37
from 1.85
Increased by 28.36%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.1B | 22.2B | |||
| Avg | 14.9B | 18.5B | |||
| Low | 13.7B | 15.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 39.1% | 48.8% | |||
| Avg | 29.3% | 23.7% | |||
| Low | 18.2% | 5.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 2.35 | 4.06 | |||
| Avg | 1.85 | 2.37 | |||
| Low | 1.29 | 1.62 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 150.2% | 120.0% | |||
| Avg | 96.5% | 28.4% | |||
| Low | 37.6% | -12.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.