SHOPTechnology · Software - ApplicationThe 55 Wall Street analysts covering Shopify, Inc. hold a median 12-month price target of $180 — +0.4% from the last close.
Consensus tells you what everyone already believes. The model scores Shopify, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
We don’t hold a current model rank for this company.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on SHOP, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +0.4% from it.
Of the 20 most recent actions, 8 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 2 Nov 2026 | Keybanc | Maintains | Overweight | $180 → $185 |
| 28 Oct 2026 | Citigroup | Maintains | Buy | $196 → $216 |
| 23 Oct 2026 | Oppenheimer | Maintains | Outperform | $175 → $205 |
| 16 Oct 2026 | RBC Capital | Maintains | Outperform | — |
| 16 Oct 2026 | RBC Capital | Maintains | Outperform | $180 → $200 |
| 14 Oct 2026 | Baird | Maintains | Outperform | $160 → $190 |
| 14 Oct 2026 | Baird | Maintains | Outperform | — |
| 12 Oct 2026 | Cantor Fitzgerald | Maintains | Neutral | $145 → $158 |
| 12 Oct 2026 | Cantor Fitzgerald | Maintains | Neutral | — |
| 6 Oct 2026 | JP Morgan | Maintains | Overweight | $185 → $200 |
| 6 Oct 2026 | JP Morgan | Maintains | Overweight | — |
| 23 Sept 2026 | Wedbush | Reiterates | Outperform | — |
| 23 Sept 2026 | Wedbush | Reiterates | Outperform | $176 |
| 11 Sept 2026 | Bernstein | Initiates | Outperform | — |
| 11 Sept 2026 | Bernstein | Initiates | Outperform | $160 |
| 8 Sept 2026 | Piper Sandler | Reiterates | Overweight | — |
| 8 Sept 2026 | Piper Sandler | Reiterates | Overweight | $172 → $180 |
| 20 Aug 2026 | Rosenblatt | Initiates | Buy | $175 |
| 20 Aug 2026 | Rosenblatt | Initiates | Buy | — |
| 7 Aug 2026 | Wells Fargo | Maintains | Overweight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
SHOP appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 12 Oct 2026, Shopify, Inc. returned +18.7% against +20.4% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 7% of US stocks
Cheaper than 10% of US stocks
Cheaper than 6% of US stocks
Cheaper than 3% of US stocks
Higher than 80% of US stocks
Higher than 79% of US stocks
Higher than 59% of US stocks
Higher than 76% of US stocks
Higher than 77% of US stocks
Higher than 75% of US stocks
Higher than 92% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Shopify, Inc. has a market value of $185.1B and an enterprise value of $196.2B.
Revenue in the twelve months to 30 June 2026: $13.3B. The latest quarter grew 33.7% year on year.
Net income over the same four quarters: $1.9B, a 14.5% net margin.
Diluted earnings per share, trailing twelve months: $1.48.
Free cash flow in the twelve months to 30 June 2026: $2.4B.
Trailing P/E: 97.5×; forward P/E: 58.5× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Shopify, Inc. employs 7,600 people — $1.7M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| SHOPShopify, Inc. | $185.1B | — |
| NVDANVIDIA Corp.* | $5.0T | 74 |
| AAPLApple, Inc.* | $4.8T | 79 |
| MSFTMicrosoft Corp.* | $3.9T | 69 |
| AVGOBroadcom Inc.* | $1.6T | 70 |
| MUMicron Technology, Inc.* | $962.3B | 95 |
| AMDAdvanced Micro Devices, Inc.* | $789.0B | 59 |
* Nearest Technology names by size — few software - application companies of this scale trade in the US universe.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Shopify, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
The Motley Fool says Shopify's stock has pulled back from its all-time high and suggests it could rise as new growth engines take effect.
Why it matters — The item highlights Shopify's pullback and anticipated contribution from new growth engines as points of interest for SHOP watchers.
Shopify’s Q3’26 earnings beat estimates, with revenue rising 31.6%. The excerpt attributes the increase to strong GMV growth, higher payments penetration, and expanding AI commerce adoption.
Why it matters — The results highlight revenue growth and the factors cited as supporting it, which are relevant to watchers of Shopify.
ARK Invest bought $12.5 million of Shopify shares on the day the stock fell sharply after a rare revenue miss. The excerpt questions whether Shopify’s fundamentals support confidence at a 141x earnings multiple.
Why it matters — The purchase and the revenue miss offer contrasting signals for SHOP watchers assessing the company’s results and valuation.
Shopify’s Q3 2026 earnings call highlighted rising AI shopping traffic, expanding payments penetration and cost discipline as holiday-quarter spending rises.
Why it matters — These themes offer SHOP watchers context on commerce traffic, payments growth and expense management entering the holiday quarter.
Polen Global Growth reported that ServiceNow was its top-performing holding in Q3 2026, while Tokyo Electron was its largest relative detractor. The portfolio initiated positions in Seagate Technology, Advanced Micro Devices, Quanta Services, and SK Hynix, and sold Oracle.
Why it matters — The excerpt reports no portfolio activity involving Shopify, so it provides no direct Shopify-specific information.
The 55 Wall Street analysts covering Shopify, Inc. have a median 12-month price target of $180, with estimates ranging from $120 to $220. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 55 analysts covering Shopify, Inc., 42 rate it a Buy, 12 a Hold and 1 a Sell. None of this is personal advice — it does not consider your circumstances.
No one can know that. What the data says: the median 12-month target from 55 analysts implies +0.4% from the last close. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Shopify, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SHOP are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $120 to $220 over the next 12 months.
Shopify, Inc. returned +18.7% over the 12 months to 12 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Shopify Inc. is a Canadian commerce technology company that provides software and services for businesses to create, manage, and grow retail operations across online and offline channels.
The most recent item we track (The Motley Fool, 4 Nov 2026): "Shopify Could Be the Best Growth Stock to Buy With $1,000 in November". The Motley Fool says Shopify's stock has pulled back from its all-time high and suggests it could rise as new growth engines take effect.
Shopify Inc. is a Canadian commerce technology company that provides software and services for businesses to create, manage, and grow retail operations across online and offline channels. Its core platform helps merchants build storefronts, manage products and inventory, process orders and payments, handle shipping, and maintain customer relationships. Shopify also offers merchant services such as integrated payment processing, point-of-sale tools, shipping labels, apps, themes, and financing-related products that support day-to-day commerce operations. The company serves businesses of many sizes across North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America. Founded in 2004 and headquartered in Ottawa, Canada, Shopify plays a central role in modern e-commerce by providing the digital infrastructure that connects merchants with consumers across web, mobile, social, and physical retail environments.
CEO Mr. Tobias Lutke · 7,600 employees · Canada · https://www.shopify.com
