- Number of Upgrades
- 25 (in the last 90 days)
- Consensus Rating
- Moderate Buy
- Rating Score
- 2.6
- Ratings Breakdown
- 25 Buy Ratings, 14 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $126.31 (11.7% Upside)
About Shopify
Shopify Inc, a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.
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Recent Analyst Ratings
Recent Recommendations for Shopify:
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Jefferies Financial Group Inc. from $110.00 to $130.00. They now have a "hold" rating on the stock. (2/18/2025)
- Shopify Inc. (NYSE: SHOP) was downgraded by analysts at Phillip Securities from a "strong-buy" rating to a "moderate buy" rating. (2/17/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at ATB Capital from $145.00 to $170.00. They now have a "sector perform" rating on the stock. (2/12/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Scotiabank from $115.00 to $120.00. They now have a "sector perform" rating on the stock. (2/12/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Wells Fargo & Company from $120.00 to $135.00. They now have an "overweight" rating on the stock. (2/12/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Morgan Stanley from $126.00 to $144.00. They now have an "overweight" rating on the stock. (2/12/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at JPMorgan Chase & Co. from $121.00 to $124.00. They now have an "overweight" rating on the stock. (2/12/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at CIBC from $135.00 to $160.00. They now have an "outperform" rating on the stock. (2/12/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Robert W. Baird from $126.00 to $135.00. They now have an "outperform" rating on the stock. (2/12/2025)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Royal Bank of Canada from $130.00 to $145.00. They now have an "outperform" rating on the stock. (2/12/2025)
