15-min delayed · Sep 11, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 32 firms covering Shopify Inc, 25 rate it Buy or better, 7 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $130.00 to $200.00, a moderate spread. The average target of $166.81 sits 30% above the current $128.58. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 23 to 25 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.65 next quarter toward $2.46 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS32 ratings
Strong Buy
Strong Buy00%
Buy2578%
Hold722%
Sell00%
Strong Sell00%
Based on 32 analysts giving stock ratings to Shopify Inc.
As of Sep, 25 of 32 firms rate SHOP a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
SHOP EPS & revenue forecast
EPS · NEXT QUARTER
$0.65
Range $0.57 – $0.81 · 30 analysts · +36% YoY
Next period, 30 analysts expect Shopify Inc to earn $0.65 a share (range $0.57 – $0.81), versus $0.48 a year earlier. Full-year consensus is $1.91, growing to $2.46 the year after.
REVENUE · NEXT QUARTER
$4.7B
Range $4.5B – $4.9B · 30 analysts · +29% YoY
Revenue is expected to reach $4.7B (range $4.5B – $4.9B), +29.1% year-over-year. Full-year consensus is $15.2B, rising to $19.1B next year.
Top analysts covering Shopify Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on SHOP.
#1
Deepak Mathivanan
Cantor Fitzgerald · Rank #281
Hold
$145.00+12.8% to target
Overall win rate
35%
+ Follow
#2
Ross Sandler
Barclays · Rank #315
Hold
$145.00+12.8% to target
Overall win rate
32%
+ Follow
#3
MZ
Mark Zgutowicz
Benchmark · Rank #377
Buy
$170.00+32.2% to target
Overall win rate
24%
+ Follow
#4
Justin Patterson
Keybanc · Rank #400
Buy
$160.00+24.4% to target
Overall win rate
26%
+ Follow
#5
Brian Peterson
Raymond James · Rank #407
Hold
No targeton SHOP
Overall win rate
28%
+ Follow
SHOP stock forecast FAQ
What is SHOP's average 12-month price target?+
The 26 analysts with a live target average $166.81 for Shopify Inc over the next 12 months, ranging from a $200.00 high to a $130.00 low.
Is SHOP stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 32 analyst ratings, 25 are Buy or Strong Buy, 7 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for SHOP?+
The Street-high target is $200.00 (DA Davidson), and the Street-low is $130.00 (Rothschild & Co). The average of all 26 active targets is $166.81.
How many Wall Street analysts cover SHOP?+
32 analysts have an active rating on Shopify Inc, and 26 firms carry a live 12-month price target.
Who is the most accurate analyst covering SHOP?+
Among analysts who currently cover SHOP, Deepak Mathivanan of Cantor Fitzgerald has the strongest overall Quantellect track record (Rank #281). Their current call is Hold with a $145.00 target.
What is Shopify Inc's projected EPS for next quarter?+
The consensus estimate is $0.65 per share (range $0.57 – $0.81) across 30 analysts. Full-year EPS is projected at $1.91, rising to $2.46 the following year.
How much revenue is Shopify Inc expected to report next quarter?+
Consensus revenue is $4.7B (range $4.5B – $4.9B). Full-year revenue is projected at $15.2B, growing to $19.1B next year.
Have analysts been upgrading or downgrading SHOP lately?+
As of Sep, 25 of 32 firms rate SHOP a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their SHOP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.