Shopify Inc. (SHOP) Stock Forecast
Data as of May 2, 2026Technology · Current price $127.76 (+5.48%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Mar 8, 2026 | Samad Samana | Jefferies | $150.00 | +17.4% |
| Feb 16, 2026 | Samad Samana | Jefferies | $125.00 | -2.2% |
| Feb 12, 2026 | Bhavin Shah | Deutsche Bank | $175.00 | +37.0% |
| Feb 12, 2026 | Deepak Mathivanan | Cantor Fitzgerald | $126.00 | -1.4% |
| Feb 12, 2026 | Trevor Young | Barclays | $130.00 | +1.8% |
| Feb 12, 2026 | David Hynes | Canaccord Genuity | $165.00 | +29.1% |
| Feb 12, 2026 | Siti Panigrahi | Mizuho Securities | $150.00 | +17.4% |
| Feb 11, 2026 | Parker Lane | Stifel Nicolaus | $115.00 | -10.0% |
| Feb 11, 2026 | Justin Patterson | KeyBanc | $160.00 | +25.2% |
| Feb 9, 2026 | Thanos Moschopoulos | BMO Capital | $150.00 | +17.4% |
| Jan 8, 2026 | Kevin Krishnaratne | Scotiabank | $200.00 | +56.5% |
| Nov 5, 2025 | Deepak Mathivanan | Cantor Fitzgerald | $181.00 | +41.7% |
| Nov 5, 2025 | Gil Luria | D.A. Davidson | $195.00 | +52.6% |
| Nov 5, 2025 | Trevor Young | Barclays | $140.00 | +9.6% |
| Nov 5, 2025 | Scott Berg | Needham | $180.00 | +40.9% |
| Nov 4, 2025 | Terry Tillman | Truist Financial | $155.00 | +21.3% |
| Nov 4, 2025 | David Hynes | Canaccord Genuity | $185.00 | +44.8% |
| Oct 30, 2025 | Justin Patterson | KeyBanc | $200.00 | +56.5% |
| Oct 28, 2025 | Ken Wong | Oppenheimer | $200.00 | +56.5% |
| Oct 17, 2025 | Paul Treiber | RBC Capital | $200.00 | +56.5% |
Top Analysts Covering SHOP
SHOP vs Sector & Market
| Metric | SHOP | Technology Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.35 | 2.34 | 2.41 |
| Analyst Count | 34 | 13 | 18 |
| Target Upside | +28.9% | +4072.7% | +14.9% |
| P/E Ratio | 135.91 | 27.76 | 31.19 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $14.11B | $14.69B | $15.11B | 35 |
| 2027-03-31 | $3.58B | $3.80B | $3.92B | 12 |
| 2027-06-30 | $3.95B | $4.19B | $4.32B | 12 |
| 2027-09-30 | $4.14B | $4.40B | $4.53B | 12 |
| 2027-12-31 | $5.29B | $5.62B | $5.79B | 12 |
| 2028-03-31 | $4.32B | $4.59B | $4.73B | 11 |
| 2028-06-30 | $4.80B | $5.10B | $5.26B | 11 |
| 2028-09-30 | $4.99B | $5.30B | $5.47B | 11 |
| 2028-12-31 | $6.31B | $6.71B | $6.91B | 11 |
| 2029-12-31 | $24.49B | $26.53B | $28.08B | 15 |
| 2030-12-31 | $29.08B | $31.50B | $33.34B | 15 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $1.54 | $1.84 | $2.06 | 28 |
| 2027-03-31 | $0.42 | $0.45 | $0.47 | 17 |
| 2027-06-30 | $0.48 | $0.52 | $0.54 | 9 |
| 2027-09-30 | $0.55 | $0.59 | $0.62 | 9 |
| 2027-12-31 | $0.77 | $0.83 | $0.86 | 14 |
| 2028-03-31 | $0.51 | $0.55 | $0.57 | 10 |
| 2028-06-30 | $0.61 | $0.66 | $0.69 | 10 |
| 2028-09-30 | $0.67 | $0.72 | $0.75 | 12 |
| 2028-12-31 | $0.90 | $0.98 | $1.02 | 19 |
| 2029-12-31 | $3.49 | $3.87 | $4.17 | 3 |
| 2030-12-31 | $4.76 | $5.28 | $5.68 | 3 |
Frequently Asked Questions
What is the analyst consensus for SHOP?
The consensus among 34 analysts covering Shopify Inc. (SHOP) is Buy with an average price target of $165.16.
What is the highest price target for SHOP?
The highest price target for SHOP is $200.00, set by Kevin Krishnaratne at Scotiabank on 2026-01-08.
What is the lowest price target for SHOP?
The lowest price target for SHOP is $35.00, set by Terry Tillman at Truist Financial on 2022-07-05.
How many analysts cover SHOP?
34 analysts have issued ratings for Shopify Inc. in the past 12 months.
Is SHOP a buy or sell right now?
Based on 34 analyst ratings, SHOP has a consensus rating of Buy (2.35/5) with a +28.9% upside to the consensus target of $165.16.
What are the earnings estimates for SHOP?
Analysts estimate SHOP will report EPS of $1.84 for the period ending 2026-12-31, with revenue estimated at $14.69B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.