TICKERNERD
Menu
SHOPSHOPTechnology · Software - Application

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

Last close, 28 Aug 2026
$153
−0.93% on the day

The 53 Wall Street analysts covering Shopify, Inc. hold a median 12-month price target of $175 — +14.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 69 of 100 as at 29 Aug 2026 — in the upper half.

Market cap
$198.4B
Ticker Nerd rank
69 / 100
Median analyst target
$175
Analysts covering
53
Revenue$3.6B+33.7% y/y
Operating income$629.0M
Net income$1.5B
Free cash flow$654.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+2.4%
1M
+17.4%
YTD
−5.0%
1Y
+8.0%
From 52W high
−14.6%
From 52W low
+60.3%
$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 29 Aug 2026
69 / 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
97
Issuance
95
Revisions
83
Growth
65
Accruals
58
Momentum
48
Volatility
33
Value
26
Size
1

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

Value (26): 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.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

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
$100$120$140$160$180$200$220Oct 25Jan 26Apr 26Jul 26SHOPHigh $220Median $175Low $110

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

What Wall Street says53 analysts
41 Buy11 Hold1 Sell
Low $110Median $175High $220

The green dot is the last close — the median target sits +14.5% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 10 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
20 Aug 2026RosenblattInitiatesBuy$175
7 Aug 2026Wells FargoMaintainsOverweight—
7 Aug 2026Wells FargoMaintainsOverweight$144 → $180
6 Aug 2026BarclaysMaintainsEqual-Weight$126 → $145
6 Aug 2026BarclaysMaintainsEqual-Weight—
6 Aug 2026BenchmarkMaintainsBuy—
6 Aug 2026BenchmarkMaintainsBuy$145 → $170
6 Aug 2026Canaccord GenuityMaintainsBuy—
6 Aug 2026Canaccord GenuityMaintainsBuy$145 → $180
6 Aug 2026Cantor FitzgeraldMaintainsNeutral$127 → $145
6 Aug 2026Cantor FitzgeraldMaintainsNeutral—
6 Aug 2026CitizensMaintainsMarket Outperform$150 → $185
6 Aug 2026CitizensMaintainsMarket Outperform—
6 Aug 2026DA DavidsonMaintainsBuy—
6 Aug 2026DA DavidsonMaintainsBuy$140 → $200
6 Aug 2026Evercore ISI GroupMaintainsOutperform—
6 Aug 2026Evercore ISI GroupMaintainsOutperform$135 → $175
6 Aug 2026Goldman SachsMaintainsBuy$170 → $194
6 Aug 2026Goldman SachsMaintainsBuy—
6 Aug 2026RBC CapitalMaintainsOutperform$170 → $180

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

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.

Free, every Monday. Unsubscribe any time.

Performance

SHOP vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 28 Aug 2026, Shopify, Inc. returned +8.0% against +19.9% for the S&P 500, dividends included.

SHOP vs S&P 500, last 12 monthsTotal return, rebased to 100
708090100110120130Oct 25Jan 26Apr 26Jul 26SHOPS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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
+3.7%
Analysts raising
24
Analysts cutting
7
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
103.3×

Cheaper than 7% of US stocks

Price / sales
15.0×

Cheaper than 11% of US stocks

Price / book
15.9×

Cheaper than 6% of US stocks

EV / EBITDA
80.2×

Cheaper than 3% of US stocks

Growth & margins
Revenue growth (YoY)
33.7%

Higher than 80% of US stocks

Earnings growth (YoY)
65.8%

Higher than 79% of US stocks

Gross margin
47.7%

Higher than 60% of US stocks

Operating margin
17.6%

Higher than 76% of US stocks

Net margin
14.5%

Higher than 77% of US stocks

Returns & dividend
Return on equity
15.5%

Higher than 75% of US stocks

Return on assets
10.2%

Higher than 92% of US stocks

Dividend yield
—

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

Key statistics

Shopify, Inc. (SHOP) statistics: revenue, profit & scale

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 $198.4B and an enterprise value of $192.0B.

  • 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.

  • Shares outstanding: 1.3B.

  • Trailing P/E: 103.3×; forward P/E: 62.3× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Shopify, Inc. employs 7,600 people — $1.7M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 30 Aug 2026

Data provided by Twelve Data

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
CompanyMarket capTKN rank
SHOPShopify, Inc.$198.4B
69
CRMSalesforce, Inc.$209.4B
69
UBERUber Technologies, Inc.$163.8B
47
NOWServiceNow, Inc.$150.3B
30
ADPAutomatic Data Processing, Inc.$116.3B
72
ADBEAdobe, Inc.$115.9B
83
SNOWSnowflake, Inc.$111.1B
56

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 →

News

Latest SHOP news & analysis

Will AI Make Shopify Obsolete? Why This Beaten-Down SaaS Stock Could Be a Long-Term Winner

The Motley Fool · 29 Aug 2026positive

The Motley Fool argues that Shopify's integrated payments, inventory, and fulfillment tools make it harder to replace than single-task AI applications. Following a steep SaaS sell-off, the article suggests Shopify's lower valuation may appeal to investors who verify its recent metrics.

Why it matters — A SHOP watcher would care because the piece offers a bullish long-term view on Shopify's competitive resilience against AI disruption amid a lower post-sell-off valuation.

I'm Not Buying Shopify Stock at These Levels

The Motley Fool · 29 Aug 2026neutral

The Motley Fool article discusses Shopify's stock, noting that while the business is performing well, the author considers the current valuation to be rich and declines to buy the stock at these levels.

Why it matters — A SHOP watcher would care because the piece highlights a contrast between the company's strong underlying business and its elevated valuation, which could influence how investors assess the stock's current price.

SHOP vs. ADBE: Which Stock Has the Edge in AI-Driven Ecommerce?

Zacks Investment Research · 28 Aug 2026positive

Zacks reports that Shopify leads Adobe in AI-driven ecommerce, citing 32% GMV growth, deeper payments adoption, and expanding agentic commerce capabilities as key advantages.

Why it matters — This highlights Shopify's competitive standing in AI-driven ecommerce relative to a major rival, which is relevant to investors tracking Shopify's growth drivers.

Inside Affirm's Stock Rally: Strong Credit Performance and Shopify Expansion Drive Big Gains

Benzinga · 28 Aug 2026positive

Affirm Holdings reported stronger-than-expected fourth-quarter results and issued an above-consensus fiscal 2027 outlook, leading Needham to raise its price forecast. The stock remains in focus amid its ongoing rally.

Why it matters — Affirm's expansion with Shopify, a key partner for its buy-now-pay-later services, could benefit Shopify's commerce ecosystem.

Affirm and Shopify Take Shop Pay Installments to Australia

PYMNTS · 28 Aug 2026positive

Affirm and Shopify said in a press release that Australian shoppers can now select installment payments powered by Affirm when they use Shopify's Shop Pay button. The move is enabled by the companies' global partnership, which powers Shop Pay Installments exclusively through Affirm.

Why it matters — For Shopify watchers, expanding Shop Pay Installments to Australia broadens the platform's payment options in a new market, potentially supporting merchant and customer engagement.

FAQ

Frequently asked questions about SHOP stock

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

The 53 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 53 analysts covering Shopify, Inc., 41 rate it a Buy, 11 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Shopify, Inc. 69 out of 100 across roughly 4,600 US stocks as at 29 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SHOP?

As at 29 Aug 2026, Shopify, Inc. ranks 69 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 53 analysts implies +14.5% from the last close, and Ticker Nerd's factor model ranks Shopify, Inc. 69 out of 100 as at 29 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 +8.0% over the 12 months to 28 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Shopify, Inc. do?

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.

What is the latest news on SHOP?

The most recent item we track (The Motley Fool, 29 Aug 2026): "Will AI Make Shopify Obsolete? Why This Beaten-Down SaaS Stock Could Be a Long-Term Winner". The Motley Fool argues that Shopify's integrated payments, inventory, and fulfillment tools make it harder to replace than single-task AI applications. Following a steep SaaS sell-off, the article suggests Shopify's lower valuation may appeal to investors who verify its recent metrics.

Company

About Shopify, Inc.

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