SHOPTechnology · Software - Application

SHOP Stock Forecast: Shopify, Inc. Price Predictions for 2026-2027

Last close, 10 Aug 2026

$155

+2.38% on the day

The 52 Wall Street analysts covering Shopify, Inc. hold a median 12-month price target of $175 — +12.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 73 of 100 as at 8 Aug 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap

$196.7B

Ticker Nerd rank

73 / 100

Median analyst target

$175

Analysts covering

Total return, dividends reinvested

+32.6%

+26.6%

YTD

−3.6%

+3.7%

From 52W high

−13.3%

From 52W low

+62.7%

$95

$179

52-week range, adjusted closes · the dot is the last close

Ticker Nerd rank

SHOP stock analysis: one number for the whole business

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.

Where the model ranks itAs at 8 Aug 2026

73 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Quality

Issuance

Revisions

Growth

Momentum

Accruals

Volatility

Value

Size

Quality (97): The business earns solid, repeatable profits on what it owns.

Value (24): The shares cost a lot relative to the profits and assets behind them.

Size (1): Larger than most of the companies we track — more scrutinised, less often mispriced.

The rank is the raw material. Whether the rules would actually own Shopify, Inc. — and when they’d sell — is the membership.

Wall Street

SHOP stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on SHOP, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says52 analysts

40 Buy11 Hold1 Sell

Low $110Median $175High $220

The green dot is the last close — the median target sits +12.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 14 moved their price target up and 2 moved it down.

Date	Firm	Action	Rating	Target
7 Aug 2026	Wells Fargo	Maintains	Overweight	$144 → $180
6 Aug 2026	Barclays	Maintains	Equal-Weight	$126 → $145
6 Aug 2026	Benchmark	Maintains	Buy	$145 → $170
6 Aug 2026	Canaccord Genuity	Maintains	Buy	$145 → $180
6 Aug 2026	Cantor Fitzgerald	Maintains	Neutral	$127 → $145
6 Aug 2026	Citizens	Maintains	Market Outperform	$150 → $185
6 Aug 2026	DA Davidson	Maintains	Buy	$140 → $200
6 Aug 2026	Evercore ISI Group	Maintains	Outperform	$135 → $175
6 Aug 2026	Goldman Sachs	Maintains	Buy	$170 → $194
6 Aug 2026	RBC Capital	Maintains	Outperform	$170 → $180
6 Aug 2026	Truist Securities	Maintains	Buy	$150 → $180
6 Aug 2026	UBS	Maintains	Neutral	$130 → $145
6 Aug 2026	Wedbush	Maintains	Outperform	$155 → $176
24 July 2026	Citigroup	Maintains	Buy	$156 → $150
24 July 2026	Citigroup	Maintains	Buy	—
21 July 2026	Rothschild & Co	Downgrade	Neutral	$160 → $130
21 July 2026	Rothschild & Co	Downgrade	Neutral	—
13 July 2026	Jefferies	Upgrade	Buy	—
13 July 2026	Jefferies	Upgrade	Buy	$140 → $160
10 July 2026	Stifel	Upgrade	Buy	—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

SHOP analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year

EPS revision, 90 days

+1.3%

Analysts raising

Analysts cutting

Fundamentals

Shopify, Inc. (SHOP) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation

Trailing P/E: 103.7×
Price / sales: 15.1×
Price / book: 16.1×
EV / EBITDA: 79.4×

Growth & margins

Revenue growth (YoY): 33.7%
Earnings growth (YoY): 65.8%
Gross margin: 47.7%
Operating margin: 17.6%
Net margin: 14.5%

Returns & dividend

Return on equity: 15.5%
Return on assets: 10.2%
Dividend yield: —

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

SHOP vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSoftware - Application

Company	Market cap	TKN rank
SHOPShopify, Inc.	$196.7B	73
CRMSalesforce, Inc.	$157.7B	71
UBERUber Technologies, Inc.	$155.9B	46
NOWServiceNow, Inc.	$129.7B	28
SNOWSnowflake, Inc.	$112.0B	63
ADPAutomatic Data Processing, Inc.	$109.7B	72
ADBEAdobe, Inc.	$105.4B	85

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SHOP appears on the weeks it earns a place.

News

Latest SHOP news & analysis

Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch

Zacks Investment Research · 10 Aug 2026positive

Zacks Investment Research has highlighted Shopify (SHOP) on its Focus List, noting that the company's earnings growth and price strength make it a stock to watch. The Zacks Focus List is presented as a way for investors to find top-rated stocks.

Why it matters — A SHOP watcher would note that the stock is being featured on a major research firm's watch list based on its earnings growth and recent price strength, which draws attention to the company's current performance.

Shopify: Proving It Is The Gold Standard For E-Commerce

Seeking Alpha · 10 Aug 2026positive

Shopify shares reached new highs following strong Q2 results, with the stock rising more than 20%. The article highlights Shopify's durable market leadership, resilient gross merchandise volume performance, and its ability to capitalize on AI-driven growth opportunities.

Why it matters — The report underscores Shopify's continued market leadership and growth momentum after a strong quarter, which watchers would view as a significant development for the company's outlook.

Why Shopify Stock Soared This Week

The Motley Fool · 9 Aug 2026positive

Shopify's stock rose this week, supported by surging sales and free cash flow. Management stated the online retail systems provider is well positioned to benefit from agentic AI opportunities.

Why it matters — A SHOP watcher would care because the report highlights accelerating financial performance and a strategic AI-driven growth area for the company.

Why Shopify Stock Could Be the Biggest Winner in Agentic AI Commerce

The Motley Fool · 9 Aug 2026positive

The article discusses how Shopify is helping define agentic commerce and appears positioned to be a major winner in this area, while its core business continues to demonstrate strong growth.

Why it matters — For Shopify watchers, the item signals the company's potential leadership in the emerging agentic AI commerce space on top of its continued core-business growth.

Shopify: The Next Era Of E-Commerce

Seeking Alpha · 9 Aug 2026positive

The article reports that Shopify delivered strong gross merchandise volume (GMV) growth and margin expansion in Q2, reinforcing its leadership in retail merchant e-commerce. It highlights AI integration through Shopify Magic and Sidekick as driving platform innovation and merchant productivity, and argues that strong Merchant Solutions growth and AI potential justify a premium valuation despite a forward revenue multiple of 10.3x.

Why it matters — A SHOP watcher would care because the piece frames Shopify's Q2 performance and AI-driven platform enhancements as supporting continued growth and a premium valuation relative to peers.

FAQ

Frequently asked questions about SHOP stock

What is the SHOP stock price forecast for 2026-2027?

The 52 Wall Street analysts covering Shopify, Inc. have a median 12-month price target of $175, with estimates ranging from $110 to $220. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is SHOP stock a buy right now?

Of the 52 analysts covering Shopify, Inc., 40 rate it a Buy, 11 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Shopify, Inc. 73 out of 100 across roughly 4,600 US stocks as at 8 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SHOP?

As at 8 Aug 2026, Shopify, Inc. ranks 73 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (97 of 100).

Will SHOP stock go up?

No one can know that. What the data says: the median 12-month target from 52 analysts implies +12.8% from the last close, and Ticker Nerd's factor model ranks Shopify, Inc. 73 out of 100 as at 8 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the SHOP stock forecast for 2030?

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: $110 to $220 over the next 12 months.

How has SHOP stock performed over the past year?

Shopify, Inc. returned +3.7% over the 12 months to 10 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Shopify, Inc. do?

Shopify Inc. is a global commerce technology company that provides cloud-based tools for businesses to create, manage, and scale online and offline retail operations.

What is the latest news on SHOP?

The most recent item we track (Zacks Investment Research, 10 Aug 2026): "Earnings Growth & Price Strength Make Shopify (SHOP) a Stock to Watch". Zacks Investment Research has highlighted Shopify (SHOP) on its Focus List, noting that the company's earnings growth and price strength make it a stock to watch. The Zacks Focus List is presented as a way for investors to find top-rated stocks.

Company

About Shopify, Inc.

Shopify Inc. is a global commerce technology company that provides cloud-based tools for businesses to create, manage, and scale online and offline retail operations. Its core offering is an e-commerce platform that enables merchants to build customizable online stores and sell across multiple channels, including branded websites, mobile apps, physical retail locations, social media platforms, and online marketplaces. Shopify’s subscription solutions give merchants access to store design, content management, inventory tracking, and analytics, while its merchant solutions layer on integrated payments, shipping, financing, and point-of-sale capabilities. These services support small and medium-sized businesses as well as larger brands seeking a unified commerce infrastructure. By consolidating key retail functions into a single platform, Shopify Inc. plays a significant role in the digital commerce ecosystem, helping merchants manage operations, accept payments, and reach customers globally from one centralized environment. The company was founded in 2004 and is headquartered in Ottawa, Canada.

CEO Mr. Tobias Lutke · 7,600 employees · Canada · https://www.shopify.com