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
$171.74−2.71% vs. last price
Last $176.52
Low $130.00High $200.00

Based on 19 analyst targets

Recent analyst ratings

FirmActionRatingPrice targetDate
Cantor FitzgeraldMaintainedNeutral$158.00 from $145.00Oct 12, 2026
JP MorganMaintainedOverweight$200.00 from $185.00Oct 6, 2026
WedbushMaintainedOutperform$176.00Sep 23, 2026
BernsteinInitiated CoverageOutperform$160.00Sep 11, 2026
Piper SandlerMaintainedOverweight$180.00 from $172.00Sep 8, 2026
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

Frequently asked questions

  • What is the price target for SHOP stock?

    The average 12-month analyst price target for Shopify (SHOP) is $171.74, 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 $171.74 implies 2.71% downside from the last price of $176.52.

  • What is the latest analyst rating on SHOP?

    On Oct 12, 2026, Cantor Fitzgerald maintained Shopify at Neutral with a price target of $158.00.

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.