Shopify Inc
TSX:SHOP

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Shopify Inc
TSX:SHOP
Watchlist
Price: 154.5 CAD 0.4%
Market Cap: CA$199.1B

Wall Street
Price Targets

SHOP Price Targets Summary
Shopify Inc

Wall Street analysts forecast SHOP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SHOP is 247.31 CAD with a low forecast of 158.69 CAD and a high forecast of 315.61 CAD.

Lowest
Price Target
158.69 CAD
3% Upside
Average
Price Target
247.31 CAD
60% Upside
Highest
Price Target
315.61 CAD
104% Upside
Shopify Inc Competitors:
Price Targets
MVST
Microvast Holdings Inc
183% Upside
PDLB
Ponce Financial Group Inc
14% Upside
VUZI
Vuzix Corp
22% Upside
OLB
OLB Group Inc
212% Upside
SMSAAM
Sociedad Matriz SAAM SA
-1% Downside

Revenue
Forecast

57% / Year
Past Growth
22% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
57% / Year
Past Growth
22% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

For the last 12 years the compound annual growth rate for Shopify Inc's revenue is 57%. The projected CAGR for the next 3 years is 22%.

Operating Income
Forecast

N/A
Past Growth
46% / Year
Estimated Growth
Estimates Accuracy
20%
Average Beat
N/A
Past Growth
46% / Year
Estimated Growth
Estimates Accuracy
20%
Average Beat

The compound annual growth rate of Shopify Inc's operating income for the next 3 years is 46%.

Net Income
Forecast

N/A
Past Growth
44% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss
N/A
Past Growth
44% / Year
Estimated Growth
Estimates Accuracy
0%
Average Miss

The compound annual growth rate of Shopify Inc's net income for the next 3 years is 44%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is SHOP's stock price target?
Price Target
247.31 CAD

According to Wall Street analysts, the average 1-year price target for SHOP is 247.31 CAD with a low forecast of 158.69 CAD and a high forecast of 315.61 CAD.

What is Shopify Inc's Revenue forecast?
Projected CAGR
22%

For the last 12 years the compound annual growth rate for Shopify Inc's revenue is 57%. The projected CAGR for the next 3 years is 22%.

What is Shopify Inc's Operating Income forecast?
Projected CAGR
46%

The compound annual growth rate of Shopify Inc's operating income for the next 3 years is 46%.

What is Shopify Inc's Net Income forecast?
Projected CAGR
44%

The compound annual growth rate of Shopify Inc's net income for the next 3 years is 44%.

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