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Ranked #2645 by analyst upside · 2026-11-12
SHOP
Shopify Inc.
Technology · Market Cap $192B · P/E 89.9x
ANALYST PRICE TARGET
+18.8%
implied upside to consensus target
Current Price $149.26
Consensus Target $177.29
Bull Target $220.0
Bear Target $120.0
Analysts Covering 49
ANALYST CONSENSUS - BUY
Strong Buy
9
Buy
29
Hold
11
Sell
0
52-Week Low $94.0
52-Week High $180.88
YTD Return -5.1%
FUNDAMENTALS
Market Cap $192B
P/E Ratio (TTM) 89.9x
Forward P/E 60.7x
EPS (TTM) $1.66
PEG Ratio 1.99
Dividend Yield N/A
Revenue (TTM) $14.2B
Profit Margin 15.0%
52-WEEK RANGE
52-Week Low $94.0
52-Week High $180.88
Current Price $149.26
Bear Target $120.0
Bull Target $220.0
● Now $149.26 ● Target $177.29
TRADING DATA
Avg Volume 8.8M
YTD Return -5.1%
Analyst Count 49
Consensus Buy
Upside to Target +18.8%
Last Updated 2026-11-12

ANALYST SUMMARY

Shopify Inc. (SHOP) is currently trading at $149.26 with a Wall Street consensus price target of $177.29, implying potential upside of 18.8% over the next 12 months. 49 analysts currently cover SHOP, with a consensus rating of Buy - 78% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $220.0, while the most cautious has a target of $120.0.

SHOP operates in the Technology sector with a market capitalisation of $192B. The stock is down 5.1% year-to-date and is currently trading near the upper end of its 52-week range of $94.0 – $180.88.

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RECENT ANALYST CALLS

Upgrade/downgrade history for SHOP, with each firm's 90-day track record across all stocks we track. See full firm rankings →

Argus Research reit
Buy → Buy 2026-11-05 Building track record
UBS - Reiterated
Neutral → Neutral 2026-11-04 33% win rate (6 calls)
RBC Capital reit
Outperform → Outperform 2026-11-04 Building track record
Wells Fargo - Reiterated
Overweight → Overweight 2026-11-04 Building track record
Wedbush reit
Outperform → Outperform 2026-11-04 Building track record
DA Davidson - Reiterated
Buy → Buy 2026-11-04 Building track record
Rosenblatt - Reiterated
Buy → Buy 2026-11-04 Building track record
Cantor Fitzgerald - Reiterated
Neutral → Neutral 2026-11-04 40% win rate (10 calls)
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
61
out of 100
Coverage depth
30/30
Consensus clarity
17/30
Vote unanimity
12/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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