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SHOP Stock Forecast 2026-2027
$122.96
Current Price
$160.47B
Market Cap
Buy 38
Hold 12
Sell 1
Wall St Analyst Ratings
Distance to SHOP Price Targets
+62.7%
To High Target of $200.00
+30.1%
To Median Target of $160.00
-10.5%
To Low Target of $110.00
SHOP Price Momentum
-5.6%
1 Week Change
+9.1%
1 Month Change
+29.6%
1 Year Change
-23.6%
Year-to-Date Change
-32.5%
From 52W High of $182.19
+76.1%
From 52W Low of $69.84
📊 TOP ANALYST CALLS
Did SHOP Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Shopify is one of their latest high-conviction picks.
Latest SHOP Stock Price Targets & Analyst Predictions
Based on our analysis of 62 Wall Street analysts, SHOP has a bullish consensus with a median price target of $160.00 (ranging from $110.00 to $200.00). The overall analyst rating is Strong Buy (8.6/10). Currently trading at $122.96, the median forecast implies a 30.1% upside. This outlook is supported by 38 Buy, 12 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Kevin Krishnaratne at Scotiabank, projecting a 62.7% upside. Conversely, the most conservative target is provided by Terry Tillman at Truist Securities, suggesting a 10.5% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
SHOP Analyst Ratings
38
Buy
12
Hold
1
Sell
SHOP Price Target Range
Low
$110.00
Average
$160.00
High
$200.00
Current: $122.96
Latest SHOP Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for SHOP.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 12, 2026 | Piper Sandler | James Callahan | Overweight | Assumes | $165.00 |
| Mar 9, 2026 | Jefferies | Samad Samana | Hold | Maintains | $150.00 |
| Feb 17, 2026 | Truist Securities | Terry Tillman | Buy | Upgrade | $150.00 |
| Feb 17, 2026 | Jefferies | Samad Samana | Hold | Maintains | $125.00 |
| Feb 13, 2026 | Citigroup | Tyler Radke | Buy | Maintains | $172.00 |
| Feb 12, 2026 | BMO Capital | Thanos Moschopoulos | Outperform | Maintains | $160.00 |
| Feb 12, 2026 | UBS | Timothy Chiodo | Neutral | Maintains | $145.00 |
| Feb 12, 2026 | RBC Capital | Paul Treiber | Outperform | Maintains | $170.00 |
| Feb 12, 2026 | Citizens | Andrew Boone | Market Outperform | Maintains | $160.00 |
| Feb 12, 2026 | Wells Fargo | Ken Gawrelski | Overweight | Maintains | $191.00 |
| Feb 12, 2026 | Wedbush | Scott Devitt | Outperform | Maintains | $160.00 |
| Feb 12, 2026 | Mizuho | Siti Panigrahi | Outperform | Upgrade | $150.00 |
| Feb 12, 2026 | Needham | Scott Berg | Buy | Reiterates | $180.00 |
| Feb 12, 2026 | Cantor Fitzgerald | Deepak Mathivanan | Neutral | Maintains | $126.00 |
| Feb 12, 2026 | Truist Securities | Terry Tillman | Hold | Maintains | $110.00 |
| Feb 12, 2026 | Barclays | Trevor Young | Equal-Weight | Maintains | $130.00 |
| Feb 10, 2026 | Benchmark | Mark Zgutowicz | Buy | Maintains | $145.00 |
| Feb 9, 2026 | BMO Capital | Thanos Moschopoulos | Outperform | Maintains | $150.00 |
| Jan 8, 2026 | Scotiabank | Kevin Krishnaratne | Sector Outperform | Upgrade | $200.00 |
| Jan 6, 2026 | Wolfe Research | Shweta Khajuria | Peer Perform | Downgrade | $N/A |
Shopify Inc. (SHOP) Competitors
The following stocks are similar to Shopify based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Shopify Inc. (SHOP) Financial Data
Shopify Inc. has a market capitalization of $160.47B with a P/E ratio of 132.8x. The company generates $11.56B in trailing twelve-month revenue with a 10.7% profit margin.
Revenue growth is +30.6% quarter-over-quarter, while maintaining an operating margin of +20.3% and return on equity of +9.8%.
Valuation Metrics
Market Cap
$160.47B
Enterprise Value
$158.88B
P/E Ratio
132.8x
PEG Ratio
-3.1x
Price/Sales
14.2x
Growth & Margins
Revenue Growth (YoY)
+30.6%
Gross Margin
+46.1%
Operating Margin
+20.3%
Net Margin
+10.7%
EPS Growth
-42.5%
Financial Health
Cash/Price Ratio
+3.6%
Current Ratio
6.0x
Debt/Equity
1.4x
ROE
+9.8%
ROA
+8.1%
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Shopify Inc. (SHOP) Business Model
About Shopify Inc.
What They Do
Provides internet infrastructure for global commerce.
Business Model
Shopify generates revenue by offering a comprehensive e-commerce platform that allows businesses to manage sales across various channels. The company earns income through subscription fees for its services, transaction fees from payment processing via Shopify Payments, and additional sales from themes, apps, shipping, and advertising.
Additional Information
Founded in 2004 and headquartered in Ottawa, Canada, Shopify supports merchants globally and has established itself as a leading player in the e-commerce ecosystem.
Company Information
Sector
Technology
Industry
Software - Application
Employees
8,100
CEO
Mr. Tobias Lutke
Country
Canada
IPO Year
2015
Website
www.shopify.comShopify Inc. (SHOP) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Shopify (SHOP) Up 14% Since Last Earnings Report: Can It Continue?
Shopify (SHOP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mar 13, 2026
By Zacks Equity Research
Realtime BLOG
Why Shopify (SHOP) is a Top Stock for the Long-Term
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Mar 09, 2026
By Zacks Equity Research
Tale of the Tape
Latest News
Quick Summary
Shopify stock has declined over the past six months, but its expanding AI commerce capabilities and increasing global adoption may drive future growth.
Why It Matters
Shopify's stock decline contrasts with its potential for growth through AI commerce and global expansion, indicating future investment opportunities.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
SHOP is integrating AI into its commerce platform, allowing AI assistants to access merchant catalogs and streamline transactions via its checkout and payments system.
Why It Matters
SHOP's integration of AI enhances efficiency and user experience in commerce, potentially increasing sales and customer retention, which can positively impact revenue and stock performance.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Quick Summary
CNBC reports on developments regarding debt levels in the software sector, which may impact investment strategies and financial health in the industry.
Why It Matters
Rising software-sector debt can signal increased risk for companies, affecting profitability and stock valuations, potentially leading to market volatility.
Source: CNBC Television
Market Sentiment:
Negative
Quick Summary
Palantir Technologies is valued at $360 billion. Shopify and AppLovin may surpass this valuation in five years, with Shopify enhancing its platform with AI features and integrations.
Why It Matters
Palantir's valuation may face pressure as Shopify and AppLovin, leveraging AI advancements, could surpass it, signaling a shift in competitive dynamics and investment priorities in tech.
Source: The Motley Fool
Market Sentiment:
Neutral
Quick Summary
Amazon has strong footholds in multiple industries, while Shopify is positioned to benefit from the expanding e-commerce market.
Why It Matters
Amazon's dominance suggests strong competitive positioning, potentially impacting market share and profitability. Shopify's growth in e-commerce signals increased consumer spending, affecting stock performance.
Source: The Motley Fool
Market Sentiment:
Positive
The Best Stocks to Buy With $1,000 Right Now
3 days ago
Quick Summary
Shopify's stock pullback contrasts with its growth outlook, while Remitly Global is positioned as a promising solution for cross-border money transfers.
Why It Matters
Shopify's pullback may present a buying opportunity despite growth forecasts, while Remitly's potential in cross-border transfers highlights a market demand, influencing investment strategies.
Source: The Motley Fool
Market Sentiment:
Neutral
Frequently Asked Questions About SHOP Stock
What is Shopify Inc.'s (SHOP) stock forecast for 2026?
Based on our analysis of 62 Wall Street analysts, Shopify Inc. (SHOP) has a median price target of $160.00. The highest price target is $200.00 and the lowest is $110.00.
Is SHOP stock a good investment in 2026?
According to current analyst ratings, SHOP has 38 Buy ratings, 12 Hold ratings, and 1 Sell ratings. The stock is currently trading at $122.96. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for SHOP stock?
Wall Street analysts predict SHOP stock could reach $160.00 in the next 12 months. This represents a 30.1% increase from the current price of $122.96. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Shopify Inc.'s business model?
Shopify generates revenue by offering a comprehensive e-commerce platform that allows businesses to manage sales across various channels. The company earns income through subscription fees for its services, transaction fees from payment processing via Shopify Payments, and additional sales from themes, apps, shipping, and advertising.
What is the highest forecasted price for SHOP Shopify Inc.?
The highest price target for SHOP is $200.00 from Kevin Krishnaratne at Scotiabank, which represents a 62.7% increase from the current price of $122.96.
What is the lowest forecasted price for SHOP Shopify Inc.?
The lowest price target for SHOP is $110.00 from Terry Tillman at Truist Securities, which represents a -10.5% decrease from the current price of $122.96.
What is the overall SHOP consensus from analysts for Shopify Inc.?
The overall analyst consensus for SHOP is bullish. Out of 62 Wall Street analysts, 38 rate it as Buy, 12 as Hold, and 1 as Sell, with a median price target of $160.00.
How accurate are SHOP stock price projections?
Stock price projections, including those for Shopify Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: March 15, 2026 4:20 PM UTC