Shopify (SHOP) Stock Forecast for 2023 – 2026. Sell or Buy Prediction







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Shopify (SHOP) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: February 24, 2024 (12:50)

Sector: Technology

The share price of Shopify Inc. (SHOP) now

Latest session on the 23rd of February for
Shopify Inc. is positive
Trading Volume: 10180692
Open: 75.05 /  High: 76.8 /  Low: 73.85
What analysts predict: $79.99
52-week High/Low: $91.57 / $39.02

50/200 Day Moving Average: $79.14 / $65.26

This figure corresponds to the Average Price over the previous 50/200 days. For Shopify stocks, the 50-day moving average is the resistance level today.

For Shopify stocks, the 200-day moving average is the support level today.

Are you interested in Shopify Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Shopify stock price in 2024, 2025, 2026, 2027, 2028. How much will one Shopify share be worth in 2024 - 2028?

When should I take profit in Shopify stock? When should I record a loss on Shopify stock? What are analysts' forecasts for Shopify stock? What is the future of Shopify stock? We forecast Shopify stock performance using neural networks based on historical data on Shopify stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Shopify stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Shopify shares. This happens once a day.


Historical and forecast chart of Shopify stock

The chart below shows the historical price of Shopify stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Shopify stock price can be found in the table below.

Long-term forecasts by years.

Shopify, Inc. operates a cloud-based trading platform designed for small and medium-sized businesses. Its software is used by merchants to conduct business across all sales channels, including websites, tablet and mobile storefronts, social media showcases, and brick and mortar stores and pop-ups. The firm’s platform provides salespeople with a unified view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships, and leverage analytics and reporting. She focuses on trade and subscription solutions. The company was founded by Tobias Albin Lutke, Daniel Weinand and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada.

Shopify daily forecast for a month

Date Target Pes. Opt. Vol., %
Feb 26 77.23 75.53 78.00 3.27
Feb 27 76.83 75.94 79.10 4.17
Feb 28 75.20 72.97 76.73 5.15
Feb 29 73.55 72.87 75.72 3.92
Mar 01 74.25 72.92 75.91 4.11
Mar 02 75.56 74.56 77.19 3.53
Mar 03 74.47 73.84 75.27 1.94
Mar 04 74.86 72.73 77.13 6.05
Mar 05 77.40 75.24 79.73 5.97
Mar 06 74.77 73.07 75.88 3.85
Mar 07 73.75 72.57 74.49 2.64
Mar 08 76.06 74.05 77.82 5.09
Mar 09 74.99 73.40 77.00 4.90
Mar 10 73.85 72.55 75.86 4.56
Mar 11 72.58 72.00 73.19 1.65
Mar 12 74.47 72.53 75.30 3.82
Mar 13 76.58 74.32 78.76 5.98
Mar 14 78.42 76.57 79.99 4.47
Mar 15 75.60 73.54 76.32 3.78
Mar 16 73.72 71.78 75.88 5.71
Mar 17 72.40 70.11 73.61 5.00
Mar 18 71.47 70.90 72.76 2.62
Mar 19 71.30 69.36 72.21 4.11
Mar 20 69.93 67.69 72.11 6.53
Mar 21 71.38 70.64 71.95 1.86
Mar 22 71.93 71.24 73.31 2.91
Mar 23 70.83 68.57 72.16 5.25
Mar 24 69.81 67.66 71.21 5.24
Mar 25 67.16 65.04 68.34 5.08
Mar 26 67.05 64.99 67.94 4.54

Shopify Daily Price Targets


Shopify Stock Forecast 02-26-2024.

Forecast target price for 02-26-2024: $77.23.
Positive dynamics for Shopify shares will prevail with possible volatility of 3.168%.
Pessimistic target level: 75.53
Optimistic target level: 78.00

Shopify Stock Forecast 02-27-2024.

Forecast target price for 02-27-2024: $76.83.
Negative dynamics for Shopify shares will prevail with possible volatility of 4.002%.
Pessimistic target level: 75.94
Optimistic target level: 79.10

Shopify Stock Forecast 02-28-2024.

Forecast target price for 02-28-2024: $75.20.
Negative dynamics for Shopify shares will prevail with possible volatility of 4.900%.
Pessimistic target level: 72.97
Optimistic target level: 76.73

Shopify Stock Forecast 02-29-2024.

Forecast target price for 02-29-2024: $73.55.
Negative dynamics for Shopify shares will prevail with possible volatility of 3.768%.
Pessimistic target level: 72.87
Optimistic target level: 75.72

Shopify Stock Forecast 03-01-2024.

Forecast target price for 03-01-2024: $74.25.
Positive dynamics for Shopify shares will prevail with possible volatility of 3.951%.
Pessimistic target level: 72.92
Optimistic target level: 75.91

Shopify Stock Forecast 03-02-2024.

Forecast target price for 03-02-2024: $75.56.
Positive dynamics for Shopify shares will prevail with possible volatility of 3.407%.
Pessimistic target level: 74.56
Optimistic target level: 77.19

SHOP (SHOP) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Mar. 75.14 69.58 79.27 12.23
Apr. 79.27 76.02 81.81 7.07
May. 80.14 74.53 83.67 10.92
Jun. 72.45 69.19 75.27 8.08
Jul. 75.71 69.95 77.52 9.77
Aug. 80.33 75.67 83.78 9.68
Sep. 81.69 79.00 87.08 9.29
Oct. 84.39 81.35 90.38 9.99
Nov. 84.05 77.49 89.26 13.18
Dec. 80.10 76.98 85.79 10.27

Shopify forecast for this year


Shopify Stock Prediction for Mar 2024

An downtrend is forecast for this month with an optimal target price of $75.1365. Pessimistic: $69.58. Optimistic: $79.27


Shopify Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $79.269. Pessimistic: $76.02. Optimistic: $81.81


Shopify Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $80.1409. Pessimistic: $74.53. Optimistic: $83.67


Shopify Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $72.4474. Pessimistic: $69.19. Optimistic: $75.27


Shopify Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $75.7075. Pessimistic: $69.95. Optimistic: $77.52


Shopify Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $80.3257. Pessimistic: $75.67. Optimistic: $83.78


Shopify Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $81.6912. Pessimistic: $79.00. Optimistic: $87.08


Shopify Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $84.387. Pessimistic: $81.35. Optimistic: $90.38


Shopify Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $84.0495. Pessimistic: $77.49. Optimistic: $89.26


Shopify Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $80.0992. Pessimistic: $76.98. Optimistic: $85.79



Shopify (SHOP) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 82.18 76.59 86.95 11.91
Feb 83.09 78.43 85.00 7.72
Mar 84.58 78.32 91.01 13.94
Apr 82.38 76.53 87.16 12.19
May 85.60 80.72 91.24 11.54
Jun 89.10 86.07 94.01 8.44
Jul 90.35 83.30 95.14 12.44
Aug 86.65 84.57 93.41 9.46
Sep 83.96 78.50 87.57 10.35
Oct 77.41 74.63 79.43 6.04
Nov 80.04 76.84 85.49 10.11
Dec 83.41 81.24 85.74 5.25

Shopify (SHOP) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 86.83 84.92 92.30 8.00
Feb 93.60 89.11 99.21 10.19
Mar 90.70 83.62 93.24 10.31
Apr 88.16 85.25 90.19 5.47
May 95.21 89.02 99.68 10.70
Jun 91.97 89.77 94.36 4.87
Jul 87.56 84.41 90.71 6.95
Aug 84.93 83.06 91.22 8.94
Sep 86.38 80.59 89.40 9.85
Oct 94.58 90.99 101.39 10.26
Nov 96.00 91.49 100.03 8.54
Dec 101.66 98.51 104.51 5.74

Shopify (SHOP) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 100.75 95.91 107.60 10.86
Feb 103.87 99.41 110.62 10.14
Mar 99.09 93.94 101.08 7.06
Apr 95.72 93.33 103.19 9.55
May 102.52 96.98 104.67 7.35
Jun 103.44 95.27 107.17 11.10
Jul 94.13 86.60 99.78 13.21
Aug 93.38 91.51 97.77 6.40
Sep 92.73 89.67 98.75 9.20
Oct 89.11 84.48 94.72 10.82
Nov 97.22 92.84 100.72 7.82
Dec 95.76 91.45 98.16 6.83

Shopify (SHOP) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 92.22 88.81 96.64 8.11
Feb 88.07 85.60 94.15 9.07
Mar 89.13 84.76 92.69 8.56
Apr 85.47 80.86 90.09 10.25
May 83.85 80.74 88.04 8.29
Jun 79.49 76.78 81.16 5.39
Jul 83.30 80.64 89.55 9.95
Aug 85.14 81.99 90.58 9.49
Sep 88.80 86.66 93.32 7.14
Oct 88.88 85.42 94.84 9.93
Nov 97.68 89.97 104.23 13.68
Dec 98.47 96.20 101.91 5.60

Shopify information and performance

Shopify Address

150 ELGIN STREET, 8TH FLOOR, OTTAWA, ON, CA

Market Capitalization: 96 562 938 000 $

Market capitalization of the Shopify Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of SHOP shares in the company outstanding by the market price of one share.

EBITDA: 330 000 000 $

EBITDA of Shopify is earnings before interest, income tax and depreciation of assets.

PE Ratio: 750.18

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.303

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.1

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 4.858
Quarterly Revenue Growth YOY: 0.236
Trailing PE: 750.18

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 90.91

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 13.79

Enterprise Value (EV) /Revenue

EV To EBITDA: -12167.58

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 1207930000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.