Shopify Inc. Forecast and Target Price

$108.95

Shopify Inc. (SHOP) Share Price Forecast

Currently 53 wall-street analysts regularly analyze the financials of Shopify Inc. on a frequent basis to provide recommendations along with target share price. 53 analysts offering 12-month price forecasts for Shopify Inc. (SHOP) have a share price target of $108.27. This median of share price forecast represents a -0.62% downside from the latest price of $108.95 as on 21.12.24.

Shopify Inc. (SHOP) Price vs Consensus Price Target

Price

Target Price

As per the chart shown above, analysts believe that the Shopify Inc. (SHOP) share price will touch around $108.27 in next 12-months.

Shopify Inc. (SHOP) Share Price Forecast v/s Share Price Today

Below is a chart showing the percentage difference between Shopify Inc.'s share price and its median forecast price. As on 21.12.24, the difference is -27.04%

Shopify Inc. (SHOP): Difference between Current Price & Median Forecasted Price

Difference in Percentage terms

Shopify Inc. (SHOP) Share Price : Analyst Recommendation

Based on 53 analysts tracking and researching Shopify Inc. (SHOP) share have hold recommendation on an average.

	3M Ago	1M Ago	Current
Buy	17	17	18
Outperform	9	8	9
Hold	24	24	23
Underperform	1	1	1
Sell	2	2	2

Shopify Inc. (SHOP) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

Moving Average

Price

200 Day Moving Average v/s Current Share Price

Moving Average

Price

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