- Number of Upgrades
- 22 (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
- $120.94 (44.6% 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.
More about Shopify
Recent Analyst Ratings
Recent Recommendations for Shopify:
- Shopify Inc. (NYSE: SHOP) had its price target lowered by analysts at Royal Bank of Canada from $145.00 to $125.00. They now have an "outperform" rating on the stock. (4/17/2025)
- Shopify Inc. (NYSE: SHOP) had its price target lowered by analysts at Morgan Stanley from $144.00 to $106.00. They now have an "overweight" rating on the stock. (4/16/2025)
- Shopify Inc. (NYSE: SHOP) had its price target lowered by analysts at Cantor Fitzgerald from $120.00 to $80.00. They now have a "neutral" rating on the stock. (4/16/2025)
- Shopify Inc. (NYSE: SHOP) had its price target lowered by analysts at Loop Capital from $150.00 to $120.00. They now have a "buy" rating on the stock. (4/16/2025)
- Shopify Inc. (NYSE: SHOP) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $110.00 price target on the stock. (4/15/2025)
- Shopify Inc. (NYSE: SHOP) had its price target lowered by analysts at Mizuho from $110.00 to $85.00. They now have a "neutral" rating on the stock. (4/14/2025)
- Shopify Inc. (NYSE: SHOP) had its price target lowered by analysts at DA Davidson from $150.00 to $115.00. They now have a "buy" rating on the stock. (4/14/2025)
- Shopify Inc. (NYSE: SHOP) was given a new $145.00 price target on by analysts at Royal Bank of Canada. They now have an "outperform" rating on the stock. (3/21/2025)
- 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)
