$110.15
1.17% yesterday
NYSE, May 15, 09:49 pm CET
ISIN
CA82509L1076
Symbol
SHOP

Shopify Target price 2025 - Analyst rating & recommendation

Shopify Classifications & Recommendation:

Buy
67%
Hold
27%
Sell
5%

Shopify Price Target

Target Price $113.41
Price $110.21
Potential
Number of Estimates 47
47 Analysts have issued a price target Shopify 2026 . The average Shopify target price is $113.41. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 55 analysts: 37 Analysts recommend Shopify to buy, 15 to hold and 3 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Shopify stock has an average upside potential 2026 of . Most analysts recommend the Shopify stock at Purchase.

Sales and Margin forecast 2025, 2026 to 2029

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '24 2025
Estimates
Revenue Billion $ 8.88 10.90
25.78% 22.77%
EBITDA Margin 15.78% 17.14%
609.46% 8.64%
Net Margin 22.64% 5.42%
1,132.32% 76.06%

46 Analysts have issued a sales forecast Shopify 2025 . The average Shopify sales estimate is

$10.9b
Unlock
. This is
16.24% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$11.4b 21.25%
Unlock
, the lowest is
$10.7b 13.68%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2024 $8.9b 25.78%
2025
$10.9b 22.77%
Unlock
2026
$13.1b 20.47%
Unlock
2027
$16.1b 22.85%
Unlock
2028
$19.2b 19.26%
Unlock
2029
$22.6b 17.27%
Unlock

32 Analysts have issued an Shopify EBITDA forecast 2025. The average Shopify EBITDA estimate is

$1.9b
Unlock
. This is
25.33% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$2.1b 41.25%
Unlock
, the lowest is
$1.4b 8.58%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2024 $1.4b 792.36%
2025
$1.9b 33.38%
Unlock
2026
$2.5b 34.32%
Unlock
2027
$3.5b 40.32%
Unlock
2028
$3.9b 11.05%
Unlock
2029
$4.2b 7.34%
Unlock

EBITDA Margin

2024 15.78% 609.46%
2025
17.14% 8.64%
Unlock
2026
19.11% 11.49%
Unlock
2027
21.83% 14.23%
Unlock
2028
20.32% 6.92%
Unlock
2029
18.60% 8.46%
Unlock

23 Shopify Analysts have issued a net profit forecast 2025. The average Shopify net profit estimate is

$591m
Unlock
. This is
63.29% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$1.7b 3.23%
Unlock
, the lowest is
$-182m 111.29%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2024 $2.0b 1,450.00%
2025
$591m 70.63%
Unlock
2026
$1.8b 208.10%
Unlock
2027
$2.6b 41.14%
Unlock
2028
$2.8b 9.11%
Unlock
2029
$3.6b 29.63%
Unlock

Net Margin

2024 22.64% 1,132.32%
2025
5.42% 76.06%
Unlock
2026
13.85% 155.54%
Unlock
2027
15.91% 14.87%
Unlock
2028
14.56% 8.49%
Unlock
2029
16.09% 10.51%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2029

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '24 2025
Estimates
Earnings Per Share $ 1.55 0.46
1,450.00% 70.32%
P/E 242.08
EV/Sales 12.71

23 Analysts have issued a Shopify forecast for earnings per share. The average Shopify EPS is

$0.46
Unlock
. This is
62.90% lower
Unlock
than earnings per share in the financial year 2024. The highest EPS forecast is
$1.28 3.23%
Unlock
, the lowest is
$-0.14 111.29%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2024 $1.55 1,450.00%
2025
$0.46 70.32%
Unlock
2026
$1.40 204.35%
Unlock
2027
$1.98 41.43%
Unlock
2028
$2.16 9.09%
Unlock
2029
$2.80 29.63%
Unlock

P/E ratio

Current 88.88 126.34%
2025
242.08 172.37%
Unlock
2026
78.57 67.54%
Unlock
2027
55.67 29.15%
Unlock
2028
51.02 8.35%
Unlock
2029
39.36 22.85%
Unlock

Based on analysts' sales estimates for 2025, the Shopify stock is valued at an EV/Sales of

12.71
Unlock
and an P/S ratio of
13.12
Unlock
.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 14.78 52.53%
2025
12.71 13.98%
Unlock
2026
10.55 16.99%
Unlock
2027
8.59 18.60%
Unlock
2028
7.20 16.15%
Unlock
2029
6.14 14.73%
Unlock

P/S ratio

Current 15.25 48.96%
2025
13.12 13.97%
Unlock
2026
10.89 16.99%
Unlock
2027
8.86 18.60%
Unlock
2028
7.43 16.15%
Unlock
2029
6.34 14.73%
Unlock

Current Shopify Upgrades & Downgrades

Create a Premium account to unlock Upgrades/Downgrades. Learn more
Analyst Rating Action Date
JP Morgan
Locked
Locked
Locked May 09 2025
Morgan Stanley
Locked
Locked
Locked May 09 2025
UBS
Locked
Locked
Locked May 09 2025
Barclays
Locked
Locked
Locked May 09 2025
Truist Securities
Locked
Locked
Locked May 06 2025
Benchmark
Locked
Locked
Locked May 06 2025
BMO Capital
Locked
Locked
Locked May 06 2025
Analyst Rating Date
Locked
JP Morgan:
Locked
Locked
May 09 2025
Locked
Morgan Stanley:
Locked
Locked
May 09 2025
Locked
UBS:
Locked
Locked
May 09 2025
Locked
Barclays:
Locked
Locked
May 09 2025
Locked
Truist Securities:
Locked
Locked
May 06 2025
Locked
Benchmark:
Locked
Locked
May 06 2025
Locked
BMO Capital:
Locked
Locked
May 06 2025

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today