▲ +0.18% Upside Potential
This price target is based on 29 analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is $1,021.59, with a high forecast of $1,400.00 and a low forecast of $400.00. The average price target represents a 0.18% upside from the last price of $1,019.72.
The current consensus among 29 polled investment analysts is to hold stock in Shopify.
Shopify Inc., a commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.