Shopify Inc. (SHOP)
NASDAQ: SHOP · Real-Time Price · USD
116.86
+5.24 (4.69%)
At close: Jun 26, 2026, 4:00 PM EDT
116.65
-0.21 (-0.18%)
After-hours: Jun 26, 2026, 7:59 PM EDT
Shopify Stock Forecast
Stock Price Forecast
The 31 analysts with 12-month price forecasts for Shopify stock have an average target of 159.34, with a low estimate of 110 and a high estimate of 220. The average target predicts an increase of 36.35% from the current stock price of 116.86.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Shopify stock from 51 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 24 | 30 | 30 | 29 | 28 | 28 |
| Buy | 8 | 10 | 10 | 10 | 10 | 10 |
| Hold | 19 | 11 | 12 | 12 | 12 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 52 | 52 | 53 | 52 | 51 | 51 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 3, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $170 | Buy | Maintains | $170 | +45.47% | Jun 1, 2026 |
| CIBC | CIBC | Buy Maintains $185 | Buy | Maintains | $185 | +58.31% | May 29, 2026 |
| National Bank | National Bank | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 28, 2026 |
| Piper Sandler | Piper Sandler | Buy Maintains $150 | Buy | Maintains | $150 | +28.36% | May 21, 2026 |
Financial Forecast
Revenue This Year
14.80B
from 11.56B
Increased by 28.05%
Revenue Next Year
18.32B
from 14.80B
Increased by 23.83%
EPS This Year
1.84
from 1.43
Increased by 28.50%
EPS Next Year
2.33
from 1.84
Increased by 26.94%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 15.1B | 21.1B | |
| Avg | 14.8B | 18.3B | |
| Low | 14.3B | 16.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 30.4% | 42.6% | |
| Avg | 28.1% | 23.8% | |
| Low | 24.0% | 11.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.23 | 3.53 | |
| Avg | 1.84 | 2.33 | |
| Low | 1.47 | 1.73 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 55.9% | 92.1% | |
| Avg | 28.5% | 26.9% | |
| Low | 2.8% | -5.9% |
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.