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SHOP
Volume: 2.8M
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Shopify Inc (SHOP) Stock Forecast & Price Target

Shopify Inc (SHOP) Analyst Ratings

Based on 31 analyst ratings
Buy
Strong Buy 19%
Buy 39%
Hold 42%
Sell 0%
Strong Sell 0%

Bulls say

Shopify's gross merchandise volume (GMV) increased by 30.6% year-over-year in the last quarter and is projected to grow by 32.0% year-over-year to $92.0 billion in Q3, exceeding consensus expectations. The number of active stores on the platform rose to 2.7 million, representing a 13% year-over-year growth, which indicates strong merchant expansion and market share gains, particularly in the Shopify Plus segment, which saw a 21% increase in distinct merchants. Additionally, the adoption of Shopify's payment solutions continues to rise, with the penetration of Shop Pay increasing to 53.3%, enhancing the overall attractiveness and operational efficiency of Shopify's e-commerce platform for users.

Bears say

The analysis indicates a negative outlook on Shopify's stock due to a decrease in Monthly Active Users (MAUs), which fell by 1.5% quarter-over-quarter, undermining the strong growth witnessed in the previous quarter, and possibly reflecting seasonal usage trends. Furthermore, a significant decline in job postings by 27% year-over-year to 83 signals potential operational challenges and a reduction in growth initiatives, marking the second-lowest hiring level in nearly five years. Additionally, lower-than-expected payments penetration, attributed to increased competition and rising costs, raises concerns about Shopify's ability to maintain profitability amid market pressures and reduced consumer spending.

Shopify Inc (SHOP) has been analyzed by 31 analysts, with a consensus rating of Buy. 19% of analysts recommend a Strong Buy, 39% recommend Buy, 42% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Shopify Inc and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Shopify Inc (SHOP) Forecast

Analysts have given Shopify Inc (SHOP) a Buy based on their latest research and market trends.

According to 31 analysts, Shopify Inc (SHOP) has a Buy consensus rating as of Oct 30, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $146.55, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $146.55, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Shopify Inc (SHOP)

Volume: 2.8M

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