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SHOP
Volume: 2.41M
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Shopify Inc (SHOP) Stock Forecast & Price Target

Shopify Inc (SHOP) Analyst Ratings

Based on 50 analyst ratings
Buy
Strong Buy 32%
Buy 38%
Hold 28%
Sell 0%
Strong Sell 2%

Bulls say

The financial performance of Shopify in the latest quarter indicates robust growth across both its segments, with non-payments Merchant Solutions revenue rising 27% year-over-year to $452 million and Subscription Solutions revenue also up 27% year-over-year to $666 million. The increase in Shopify Plus monthly recurring revenue by 28% year-over-year to $59 million demonstrates strong demand, while overall gross merchandise volume (GMV) saw a significant 37% year-over-year increase in Europe, highlighting market share gains. Furthermore, with operating margins projected to improve from 17% in fiscal year 2024 to 19% in fiscal year 2026, Shopify is positioned for continued financial strength and expansion in the e-commerce market.

Bears say

The negative outlook on Shopify's stock is primarily rooted in the stagnation of free cash flow margins, which are anticipated to remain flat in FY25 at 18.0%, slightly below consensus expectations. Additionally, the company has experienced a contraction in gross margins within its Merchant Solutions segment, which decreased by 95 basis points year-over-year to 38.2% in Q4, reflecting ongoing profitability pressures. Furthermore, non-Plus Monthly Recurring Revenue (MRR) declined by 1% quarter-over-quarter to $119 million, with year-over-year growth slowing to 21% from 30% in the prior quarter, indicating challenges in sustaining merchant growth.

Shopify Inc (SHOP) has been analyzed by 50 analysts, with a consensus rating of Buy. 32% of analysts recommend a Strong Buy, 38% recommend Buy, 28% suggest Holding, 0% advise Selling, and 2% 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 50 analysts, Shopify Inc (SHOP) has a Buy consensus rating as of Jul 1, 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 $219.72, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $219.72, 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: 2.41M

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