- Number of Upgrades
- 21 (in the last 90 days)
- Consensus Rating
- Moderate Buy
- Rating Score
- 2.6
- Ratings Breakdown
- 24 Buy Ratings, 16 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $94.95 (12.5% Downside)
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 Wells Fargo & Company from $90.00 to $120.00. They now have an "overweight" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at KeyCorp from $80.00 to $130.00. They now have an "overweight" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Royal Bank of Canada from $100.00 to $130.00. They now have an "outperform" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Oppenheimer Holdings Inc. from $90.00 to $130.00. They now have an "outperform" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Robert W. Baird from $90.00 to $126.00. They now have an "outperform" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Mizuho from $68.00 to $105.00. They now have a "neutral" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Piper Sandler from $67.00 to $94.00. They now have a "neutral" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at JMP Securities from $80.00 to $120.00. They now have a "market outperform" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Truist Financial Co. from $65.00 to $110.00. They now have a "hold" rating on the stock. (11/13/2024)
- Shopify Inc. (NYSE: SHOP) had its price target raised by analysts at Barclays PLC from $70.00 to $93.00. They now have an "equal weight" rating on the stock. (11/13/2024)
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