Shopify Forecast, price target & analysts
Shopify Target price 2025 - Analyst rating & recommendation
Shopify Classifications & Recommendation:
Shopify Price Target
| Target Price | $163.20 |
| Price | $143.38 |
| Potential | 13.82% |
| Number of Estimates | 48 |
| 48 Analysts have issued a price target Shopify 2026 . The average Shopify target price is $163.20. This is 13.82% higher than the current stock price. The highest price target is $204.75 42.80% , the lowest is $111.10 22.51% . | |
| A rating was issued by 56 analysts: 38 Analysts recommend Shopify to buy, 16 to hold and 2 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 13.82% . Most analysts recommend the Shopify stock at Purchase. |
Sales and Margin forecast 2025, 2026 to 2032
52 Analysts have issued a sales forecast Shopify 2025 . The average Shopify sales estimate is $11.4b . This is 14.33% higher than the revenue of the last 12 months(TTM). The highest sales forecast is $12.0b 19.40% , the lowest is $10.7b 6.47% .
This results in the following potential growth metrics:
Revenue Estimates
| 2024 | $8.9b | 25.78% |
|---|---|---|
| 2025 | $11.4b | 28.93% |
| 2026 | $14.0b | 22.12% |
| 2027 | $16.9b | 20.91% |
| 2028 | $20.6b | 22.14% |
| 2029 | $25.0b | 21.07% |
| 2030 | $30.0b | 20.06% |
| 2031 | $35.3b | 17.46% |
| 2032 | $41.8b | 18.54% |
40 Analysts have issued an Shopify EBITDA forecast 2025. The average Shopify EBITDA estimate is $1.9b . This is 52.35% higher than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $2.2b 71.44% , the lowest is $1.7b 32.94% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2024 | $1.1b | 9,258.33% |
|---|---|---|
| 2025 | $1.9b | 74.25% |
| 2026 | $2.5b | 30.18% |
| 2027 | $3.5b | 38.99% |
| 2028 | $5.2b | 50.48% |
| 2029 | $7.5b | 44.11% |
| 2030 | $9.8b | 30.12% |
EBITDA Margin
| 2024 | 12.38% | 7,381.29% |
|---|---|---|
| 2025 | 16.73% | 35.18% |
| 2026 | 17.83% | 6.58% |
| 2027 | 20.50% | 14.97% |
| 2028 | 25.25% | 23.17% |
| 2029 | 30.06% | 19.05% |
| 2030 | 32.58% | 8.38% |
48 Shopify Analysts have issued a net profit forecast 2025. The average Shopify net profit estimate is $1.9b . This is 18.83% lower than the net profit for the last 12 months(TTM). The highest net profit forecast is $2.2b 6.79% , the lowest is $1.5b 35.38% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2024 | $2.0b | 1,418.05% |
|---|---|---|
| 2025 | $1.9b | 5.72% |
| 2026 | $2.4b | 26.30% |
| 2027 | $3.1b | 28.99% |
| 2028 | $3.7b | 19.10% |
| 2029 | $4.1b | 11.24% |
| 2030 | $5.0b | 22.10% |
| 2031 | $6.1b | 21.00% |
| 2032 | $7.3b | 20.96% |
Net Margin
| 2024 | 22.74% | 1,106.91% |
|---|---|---|
| 2025 | 16.63% | 26.86% |
| 2026 | 17.19% | 3.37% |
| 2027 | 18.34% | 6.69% |
| 2028 | 17.89% | 2.45% |
| 2029 | 16.44% | 8.11% |
| 2030 | 16.71% | 1.64% |
| 2031 | 17.22% | 3.05% |
| 2032 | 17.57% | 2.03% |
Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2032
48 Analysts have issued a Shopify forecast for earnings per share. The average Shopify EPS is $1.46 . This is 18.44% lower than earnings per share in the financial year 2024. The highest EPS forecast is $1.68 6.15% , the lowest is $1.17 34.64% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2024 | $1.55 | 1,450.00% |
|---|---|---|
| 2025 | $1.46 | 5.81% |
| 2026 | $1.85 | 26.71% |
| 2027 | $2.39 | 29.19% |
| 2028 | $2.84 | 18.83% |
| 2029 | $3.16 | 11.27% |
| 2030 | $3.86 | 22.15% |
| 2031 | $4.67 | 20.98% |
| 2032 | $5.65 | 20.99% |
P/E ratio
| Current | 80.10 | 17.14% |
|---|---|---|
| 2025 | 97.88 | 22.20% |
| 2026 | 77.49 | 20.83% |
| 2027 | 60.08 | 22.47% |
| 2028 | 50.44 | 16.05% |
| 2029 | 45.34 | 10.11% |
| 2030 | 37.14 | 18.09% |
| 2031 | 30.69 | 17.37% |
| 2032 | 25.37 | 17.33% |
Based on analysts' sales estimates for 2025, the Shopify stock is valued at an EV/Sales of 15.85 and an P/S ratio of 16.28 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 18.12 | 70.94% |
|---|---|---|
| 2025 | 15.85 | 12.53% |
| 2026 | 12.98 | 18.12% |
| 2027 | 10.73 | 17.29% |
| 2028 | 8.79 | 18.12% |
| 2029 | 7.26 | 17.40% |
| 2030 | 6.05 | 16.71% |
| 2031 | 5.15 | 14.86% |
| 2032 | 4.34 | 15.64% |
P/S ratio
| Current | 18.61 | 67.17% |
|---|---|---|
| 2025 | 16.28 | 12.53% |
| 2026 | 13.33 | 18.12% |
| 2027 | 11.02 | 17.29% |
| 2028 | 9.03 | 18.12% |
| 2029 | 7.46 | 17.40% |
| 2030 | 6.21 | 16.71% |
| 2031 | 5.29 | 14.86% |
| 2032 | 4.46 | 15.64% |
Current Shopify Upgrades & Downgrades
| Analyst | Rating | Action | Date |
|---|---|---|---|
| Evercore ISI Group |
Outperform
➜
Outperform
|
Unchanged | Aug 08 2025 |
| Citigroup |
Buy
➜
Buy
|
Unchanged | Aug 08 2025 |
| Benchmark |
Buy
➜
Buy
|
Unchanged | Aug 07 2025 |
| Goldman Sachs |
Buy
➜
Buy
|
Unchanged | Aug 07 2025 |
| JMP Securities |
Market Outperform
➜
Market Outperform
|
Unchanged | Aug 07 2025 |
| Canaccord Genuity |
Buy
➜
Buy
|
Unchanged | Aug 07 2025 |
| Barclays |
Equal-Weight
➜
Equal-Weight
|
Unchanged | Aug 07 2025 |
| Analyst Rating | Date |
|---|---|
|
Unchanged
Evercore ISI Group:
Outperform
➜
Outperform
|
Aug 08 2025 |
|
Unchanged
Citigroup:
Buy
➜
Buy
|
Aug 08 2025 |
|
Unchanged
Benchmark:
Buy
➜
Buy
|
Aug 07 2025 |
|
Unchanged
Goldman Sachs:
Buy
➜
Buy
|
Aug 07 2025 |
|
Unchanged
JMP Securities:
Market Outperform
➜
Market Outperform
|
Aug 07 2025 |
|
Unchanged
Canaccord Genuity:
Buy
➜
Buy
|
Aug 07 2025 |
|
Unchanged
Barclays:
Equal-Weight
➜
Equal-Weight
|
Aug 07 2025 |
Discover more stocks with a high price target
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.
