Shopify Analyst Price Targets

Wall Street analyst price targets and consensus rating for Shopify (SHOP).

Price Target Range — 6 Quarters

Analyst Consensus — 32 Analysts

2S.Buy

24Buy

6Hold

Consensus RatingBuy# Analysts32Avg. Consensus PT$175Upside to Avg. PT+10.9%

Rating Trend — Last 9 Months

Recent Analyst Actions

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 2, 2026	Keybanc	Justin Patterson	PT Raise	Overweight	$180→$185
Oct 28, 2026	Citigroup	Tyler Radke	PT Raise	Buy	$196→$216
Oct 23, 2026	Oppenheimer	Ken Wong	PT Raise	Outperform	$175→$205
Oct 16, 2026	RBC Capital	Paul Treiber	PT Raise	Outperform	$180→$200
Oct 14, 2026	Baird	Colin Sebastian	PT Raise	Outperform	$160→$190
Oct 12, 2026	Cantor Fitzgerald	Deepak Mathivanan	PT Raise	Neutral	$145→$158
Oct 6, 2026	JP Morgan	Bryan Smilek	PT Raise	Overweight	$185→$200
Sep 23, 2026	Wedbush	Ygal Arounian	Maintained	Outperform	$176
Sep 11, 2026	Bernstein	Mark Shmulik	Initiate	Outperform	$160
Sep 8, 2026	Piper Sandler	James Callahan	PT Raise	Overweight	$172→$180
Aug 20, 2026	Rosenblatt	Scott Devitt	Initiate	Buy	$175
Aug 7, 2026	Wells Fargo	Ken Gawrelski	PT Raise	Overweight	$144→$180
Aug 6, 2026	Canaccord Genuity	David Hynes	PT Raise	Buy	$145→$180
Aug 6, 2026	DA Davidson	Gil Luria	PT Raise	Buy	$140→$200
Aug 6, 2026	UBS	Timothy Chiodo	PT Raise	Neutral	$130→$145
Aug 6, 2026	RBC Capital	Paul Treiber	PT Raise	Outperform	$170→$180
Aug 6, 2026	Truist Securities	Terry Tillman	PT Raise	Buy	$150→$180
Aug 6, 2026	Wedbush	Ygal Arounian	PT Raise	Outperform	$155→$176
Aug 6, 2026	Evercore ISI Group	Mark Mahaney	PT Raise	Outperform	$135→$175
Aug 6, 2026	Benchmark	Mark Zgutowicz	PT Raise	Buy	$145→$170