1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/29/2024 | SHOP | Buy Now | Shopify | $77.25 | -2.91% | Goldman Sachs | Gabriela Borges | $67 → $75 | Maintains | Neutral | Get Alert |
02/14/2024 | SHOP | Buy Now | Shopify | $77.25 | 3.56% | UBS | Timothy Chiodo | $75 → $80 | Maintains | Neutral | Get Alert |
02/14/2024 | SHOP | Buy Now | Shopify | $77.25 | 10.03% | Wells Fargo | Andrew Bauch | $90 → $85 | Maintains | Overweight | Get Alert |
02/14/2024 | SHOP | Buy Now | Shopify | $77.25 | -18.45% | Piper Sandler | Clarke Jeffries | $56 → $63 | Maintains | Underweight | Get Alert |
02/14/2024 | SHOP | Buy Now | Shopify | $77.25 | -2.91% | Mizuho | Siti Panigrahi | $65 → $75 | Maintains | Neutral | Get Alert |
02/14/2024 | SHOP | Buy Now | Shopify | $77.25 | -11.97% | Barclays | Trevor Young | $70 → $68 | Maintains | Equal-Weight | Get Alert |
02/14/2024 | SHOP | Buy Now | Shopify | $77.25 | 29.45% | RBC Capital | Paul Treiber | → $100 | Reiterates | Outperform → Outperform | Get Alert |
02/02/2024 | SHOP | Buy Now | Shopify | $77.25 | 16.5% | Wells Fargo | Andrew Bauch | $70 → $90 | Maintains | Overweight | Get Alert |
01/22/2024 | SHOP | Buy Now | Shopify | $77.25 | 29.45% | RBC Capital | Paul Treiber | → $100 | Reiterates | Outperform → Outperform | Get Alert |
01/18/2024 | SHOP | Buy Now | Shopify | $77.25 | -27.51% | Piper Sandler | Clarke Jeffries | → $56 | Reiterates | Underweight → Underweight | Get Alert |
01/18/2024 | SHOP | Buy Now | Shopify | $77.25 | — | Exane BNP Paribas | Stefan Slowinski | — | Downgrade | Neutral → Underperform | Get Alert |
01/18/2024 | SHOP | Buy Now | Shopify | $77.25 | -9.39% | Barclays | Trevor Young | $53 → $70 | Maintains | Equal-Weight | Get Alert |
12/18/2023 | SHOP | Buy Now | Shopify | $77.25 | — | JMP Securities | Andrew Boone | — | Downgrade | Market Outperform → Market Perform | Get Alert |
12/12/2023 | SHOP | Buy Now | Shopify | $77.25 | -15.86% | DZ Bank | Axel Herlinghaus | → $65 | Downgrade | Hold → Sell | Get Alert |
12/06/2023 | SHOP | Buy Now | Shopify | $77.25 | 10.03% | Deutsche Bank | Bhavin Shah | $75 → $85 | Maintains | Buy | Get Alert |
12/06/2023 | SHOP | Buy Now | Shopify | $77.25 | 29.45% | RBC Capital | Paul Treiber | $80 → $100 | Maintains | Outperform | Get Alert |
12/06/2023 | SHOP | Buy Now | Shopify | $77.25 | -11.97% | Wedbush | Ygal Arounian | — | Downgrade | Outperform → Neutral | Get Alert |
12/04/2023 | SHOP | Buy Now | Shopify | $77.25 | -4.21% | Morgan Stanley | Keith Weiss | $62 → $74 | Maintains | Equal-Weight | Get Alert |
11/28/2023 | SHOP | Buy Now | Shopify | $77.25 | -27.51% | Piper Sandler | Clarke Jeffries | $58 → $56 | Downgrade | Neutral → Underweight | Get Alert |
The latest price target for Shopify (NYSE: SHOP) was reported by Goldman Sachs on February 29, 2024. The analyst firm set a price target for $75.00 expecting SHOP to fall to within 12 months (a possible -2.91% downside). 75 analyst firms have reported ratings in the last year.
The latest analyst rating for Shopify (NYSE: SHOP) was provided by Goldman Sachs, and Shopify maintained their neutral rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shopify, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shopify was filed on February 29, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.
While ratings are subjective and will change, the latest Shopify (SHOP) rating was a maintained with a price target of $67.00 to $75.00. The current price Shopify (SHOP) is trading at is $77.25, which is out of the analyst’s predicted range.
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