Shopify
SHOP

Shopify (SHOP) analyst forecast and price target

Analyst forecast

Buy

Consensus of 56 analyst ratings

Buy
42
Hold
13
Sell
1
Average price target
$166.84+13.21% vs. last price
Last $147.37
Low $130.00High $200.00

Based on 19 analyst targets

Recent analyst ratings

FirmActionRatingPrice targetDate
RosenblattInitiated CoverageBuy$175.00Aug 20, 2026
Wells FargoMaintainedOverweight$180.00 from $144.00Aug 7, 2026
Goldman SachsMaintainedBuy$194.00 from $170.00Aug 6, 2026
Cantor FitzgeraldMaintainedNeutral$145.00 from $127.00Aug 6, 2026
BarclaysMaintainedEqual-Weight$145.00 from $126.00Aug 6, 2026
BenchmarkMaintainedBuy$170.00 from $145.00Aug 6, 2026
Evercore ISI GroupMaintainedOutperform$175.00 from $135.00Aug 6, 2026
CitizensMaintainedMarket Outperform$185.00 from $150.00Aug 6, 2026
WedbushMaintainedOutperform$176.00 from $155.00Aug 6, 2026
Truist SecuritiesMaintainedBuy$180.00 from $150.00Aug 6, 2026
RBC CapitalMaintainedOutperform$180.00 from $170.00Aug 6, 2026
UBSMaintainedNeutral$145.00 from $130.00Aug 6, 2026
DA DavidsonMaintainedBuy$200.00 from $140.00Aug 6, 2026
Canaccord GenuityMaintainedBuy$180.00 from $145.00Aug 6, 2026
CitigroupMaintainedBuy$150.00 from $156.00Jul 24, 2026
Rothschild & CoDowngradedBuy → Neutral$130.00 from $160.00Jul 21, 2026
JefferiesUpgradedHold → Buy$160.00 from $140.00Jul 13, 2026
StifelUpgradedHold → Buy$150.00 from $110.00Jul 10, 2026
B of A SecuritiesInitiated CoverageBuy$150.00Jul 7, 2026
DA DavidsonMaintainedBuy$140.00 from $195.00May 6, 2026

Frequently asked questions

  • What is the price target for SHOP stock?

    The average 12-month analyst price target for Shopify (SHOP) is $166.84, with a high estimate of $200.00 and a low of $130.00, across 19 analysts.

  • Is SHOP a buy, sell, or hold?

    Analysts covering Shopify currently average a Buy rating: 42 buy, 13 hold and 1 sell, from 56 analysts. Ratings reflect analyst opinion, not investment advice.

  • What upside do analysts see for SHOP?

    The average price target of $166.84 implies 13.21% upside from the last price of $147.37.

  • What is the latest analyst rating on SHOP?

    On Aug 20, 2026, Rosenblatt initiated coverage of Shopify at Buy with a price target of $175.00.

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.