Shopify (SHOP) Stock Price Target 2026

The average analyst price target for Shopify is $176.92, 25.4% above the current price. Of 31 analysts, 26 rate it Buy and 5 Hold. Targets range from $130 to $216. The latest change came on Nov 4, 2026, when Bernstein raised its price target on Shopify from $160 to $165 and kept an Outperform rating.

The Average Analyst Price Target for Shopify is $176.92.

Price Target Range — 6 Quarters

Analyst Consensus — 31 Analysts

1S.Buy

25Buy

5Hold

Consensus RatingBuy# Analysts31Avg. Consensus PT$176.92Upside to Avg. PT+25.4%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Shopify Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 5, 2026	Argus Research	Jim Kelleher	Maintained	Buy	$180
Nov 4, 2026	Bernstein	Mark Shmulik	PT Raise	Outperform	$160→$165
Nov 4, 2026	UBS	Timothy Chiodo	PT Raise	Neutral	$145→$160
Nov 4, 2026	RBC Capital	Paul Treiber	Maintained	Outperform	$200
Nov 4, 2026	Wells Fargo	Ken Gawrelski	PT Cut	Overweight	$208→$205
Nov 4, 2026	Wedbush	Ygal Arounian	Maintained	Outperform	$176
Nov 4, 2026	DA Davidson	Gil Luria	PT Cut	Buy	$200→$180
Nov 4, 2026	Rosenblatt	Scott Devitt	PT Cut	Buy	$186→$180
Nov 4, 2026	Cantor Fitzgerald	Deepak Mathivanan	PT Cut	Neutral	$158→$150
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