In recent stock market updates, Jefferies analyst Samad Samana has reiterated a "Hold" rating on Shopify (SHOP, Financial), while adjusting the price target of the stock from $130.00 to $110.00 USD. The revised price target represents a 15.38% decrease from the previous estimate.
This change reflects the latest analysis by Jefferies as of May 5, 2025. Despite the lowered price target, the "Hold" rating remains consistent with the firm's prior assessment of Shopify (SHOP, Financial).
Investors and market participants will be monitoring Shopify's (SHOP, Financial) performance closely following this revised outlook. The stock continues to trade on the NASDAQ exchange, where it garners significant attention from analysts and investors alike.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 43 analysts, the average target price for Shopify Inc (SHOP, Financial) is $132.95 with a high estimate of $175.00 and a low estimate of $87.64. The average target implies an upside of 34.50% from the current price of $98.85. More detailed estimate data can be found on the Shopify Inc (SHOP) Forecast page.
Based on the consensus recommendation from 48 brokerage firms, Shopify Inc's (SHOP, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Shopify Inc (SHOP, Financial) in one year is $109.15, suggesting a upside of 10.42% from the current price of $98.85. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Shopify Inc (SHOP) Summary page.
