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Asset logo for symbol SHOP
Shopify
SHOP70
$80.32arrow_drop_up2.78%$2.18
Asset logo for symbol SHOP
SHOP70

$80.32

arrow_drop_up2.78%

AI Deep-Learning Forecast (SHOP)

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Shopify (SHOP) Stocklytics Forecast

Shopify Inc (SHOP) is a leading e-commerce platform that provides businesses with the tools and resources they need to start, grow, and succeed in the online space. With its user-friendly interface, extensive features, and robust support system, Shopify has become one of the go-to choices for entrepreneurs and small businesses looking to establish their online presence. As a result, the stock price of Shopify has seen significant growth over the years, and many investors are eager to know what the future holds for the company.
When it comes to predicting the future stock price of Shopify, there are several factors that need to be considered. One of the key factors is the company's financial performance and revenue growth. Over the past few years, Shopify has consistently reported strong financial results, with double-digit revenue growth and expanding profit margins. This trend is expected to continue in the coming years, driven by the increasing adoption of e-commerce and the company's continuous innovation and expansion into new markets.
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Frequently Asked Questions

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What is the analyst price prediction for Shopify (SHOP) stock?

Analysts have set a target price of $77.33 for Shopify (SHOP), based on forecasts from 27 analysts. The predicted price range extends from a high of $105 to a low of $63. This represents a potential increase of up to 30.73% and a decrease of -21.56% from the current price of $80.32. These forecasts are as of 2024 Feb 14.
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What are the analyst ratings for Shopify (SHOP) stock?

Currently, there are no analyst ratings available for Shopify (SHOP), possibly due to insufficient coverage or recent updates.
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What is the AI price prediction for Shopify (SHOP) stock?

At present, there is no AI or machine-learning-based price prediction available for Shopify (SHOP) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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