On May 6, 2025, Benchmark analyst Mark Zgutowicz announced adjustments to the stock price target for Shopify (SHOP, Financial). The price target was lowered from $150.00 to $125.00 USD, reflecting a change of -16.67%. Despite this adjustment, Benchmark maintains a "Buy" rating for Shopify (SHOP).
The decision to lower the price target comes as part of a periodic update by the analyst, although the underlying rating remains unchanged, indicating confidence in the long-term prospects of Shopify (SHOP, Financial) as a solid investment option.
Investors in Shopify (SHOP, Financial) should take note of this updated price target while considering their investment strategy, as it provides refreshed insight into the stock's expected performance in the coming periods.
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 37.15% from the current price of $96.94. 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 12.6% from the current price of $96.94. 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.
