Consensus Shopify Inc. Toronto S.E.

Equities

SHOP

CA82509L1076

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
99.01 ^CAD	-2.07%		+3.55%	-4.02%

Apr. 22	RBC on Canadian Tech Calendar Q1 Preview	MT
Apr. 19	News Highlights : Top Company News of the Day - Friday at 5 PM ET	DJ

Evolution of the average Target Price on Shopify Inc.

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Shopify Inc.

Morgan Stanley Upgrades Shopify to Overweight From Equalweight, Lifts Price Target to $85 From $74, Sees Room for More Operating Leverage	Apr. 19	MT
ANALYST RECOMMENDATIONS : Bank Of America, Netflix, Nike, Ulta Beauty, Doordash...	Apr. 19
Loop Capital Adjusts Shopify's Price Target to $80 From $88, Keeps Hold Rating	Apr. 15	MT
Baird Adjusts Price Target on Shopify to $87 From $85, Keeps Outperform Rating	Apr. 03	MT
UBS Adjusts Shopify Price Target to $80 From $75, Maintains Neutral Rating	Feb. 14	MT
Shopify Maintained at Neutral at UBS Following Q4 Results; Price Target Raised to US$80.00	Feb. 14	MT
Seaport Global Securities Adjusts Price Target on Shopify to $90 From $85, Maintains Buy Rating	Feb. 14	MT
Barclays Adjusts Price Target on Shopify to $68 From $70, Maintains Equalweight Rating	Feb. 14	MT
DA Davidson Adjusts Price Target on Shopify to $90 From $86, Maintains Buy Rating	Feb. 14	MT
Wells Fargo Adjusts Price Target on Shopify to $85 From $90, Maintains Overweight Rating	Feb. 14	MT
Truist Adjusts Price Target on Shopify to $85 From $90, Maintains Hold Rating	Feb. 14	MT
Canaccord Genuity Adjusts Price Target on Shopify to $90 From $86, Maintains Buy Rating	Feb. 14	MT
MoffettNathanson Adjusts Price Target on Shopify to $80 From $82, Maintains Buy Rating	Feb. 14	MT
Stifel Adjusts Price Target on Shopify to $80 From $75, Maintains Hold Rating	Feb. 14	MT
BNP Paribas Exane Adjusts Price Target on Shopify to $68 From $71, Maintains Underperform Rating	Feb. 14	MT
Mizuho Securities Adjusts Price Target on Shopify to $75 From $65, Maintains Neutral Rating	Feb. 14	MT
Citigroup Adjusts Price Target on Shopify to $93 From $96, Maintains Neutral Rating	Feb. 14	MT
Goldman Sachs Adjusts Price Target on Shopify to $75 From $67, Maintains Neutral Rating	Feb. 14	MT
Roth MKM Adjusts Price Target on Shopify to $89 From $85, Maintains Buy Rating	Feb. 14	MT
Piper Sandler Adjusts Price Target on Shopify to $63 From $56, Keeps Underweight Rating	Feb. 14	MT
Wedbush Raises Shopify's Price Target to $75 From $68 After Model Revision, Notes 'Healthy' Q4 2023 Results; Keeps Neutral Rating	Feb. 14	MT
Tech Down on Rate Expectations -- Tech Roundup	Feb. 13	DJ
Shopify Declines 8%, TD Says Operating Margin Expected to Decline More Than Expected	Feb. 13	MT
Shopify Brief: For Q1 2024, Expects Revenue to grow at a low-20s percentage rate on a year-over-year basis	Feb. 13	MT
Fed officials fail to convince investors, who are focused on earnings	Feb. 07

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

74.01 USD

Average target price

82.78 USD

Spread / Average Target

+11.85%

High Price Target

100 USD

Spread / Highest target

+35.12%

Low Price Target

63 USD

Spread / Lowest Target

-14.88%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Shopify Inc.

Morgan Stanley
Loop Capital
Baird
UBS
Stifel Nicolaus
Roth MKM
Goldman Sachs
Citigroup
Mizuho Securities
BNP Paribas Exane
MoffettNathanson Research
Canaccord Genuity
Truist Securities
Wells Fargo Securities
DA Davidson
Barclays
Seaport Global Securities
Piper Sandler
Wedbush
TD Securities
CIBC World Markets
Oppenheimer
Deutsche Bank Securities
JMP Securities
DZ Bank
KGI Securities
RBC Capital Markets
Evercore ISI
Veritas
Scotiabank
Capital One Securities
Credit Suisse
Jefferies & Co.
Atlantic Equities
Morningstar
National Bank
KeyBanc Capital Markets
Needham & Co.
Roth Capital Partners
SMBC Nikko
BofA Securities
Benchmark Capital
William Blair & Co.
Susquehanna
ATB Capital
Accountability Research
Wolfe Research
Rosenblatt Securities

Ratings for Shopify Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar