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 Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024))
FAQs
Shopify (SHOP) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for Shopify is $76.40. This is based on 32 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $96.00 ,the lowest forecast is $63.00.
What is the shop price target for 2025? ›According to analysts, SHOP price target is 79.30 USD with a max estimate of 104.65 USD and a min estimate of 64.71 USD.
What is the forecast for Shopify stocks? ›Average Brokerage Rating
(SHOP) currently has an average brokerage recommendation (ABR) of 1.83 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 42 brokerage firms. The average price target for Shopify Inc. (SHOP) is $77.71.
Shopify stock has received a consensus rating of buy. The average rating score is and is based on 44 buy ratings, 41 hold ratings, and 5 sell ratings.
Is there a future for Shopify? ›Shopify is forecast to grow earnings and revenue by 19.7% and 17.1% per annum respectively. EPS is expected to grow by 16.6% per annum. Return on equity is forecast to be 21.1% in 3 years.
What is the outlook for Shopify in 2024? ›2024 Outlook
For the third quarter of 2024, we expect: Revenue to grow at a low-to-mid-twenties percentage rate on a year-over-year basis; Gross margin to be higher by approximately 50 basis points compared to Q2 2024; GAAP operating expense as a percentage of revenue to be 41% to 42%;
As of this writing, the business carries a market cap of just under $100 billion. Can this top e-commerce stock see its market cap rise 10-fold between now and 2030? That would make Shopify a trillion-dollar enterprise by the end of the decade.
Is Shopify a high risk stock? ›Shopify Investment Opportunity
Shopify has a volatility of 3.53 and is 4.64 times more volatile than Dow Jones Industrial. 31 percent of all equities and portfolios are less risky than Shopify. You can use Shopify to enhance the returns of your portfolios. The stock experiences a large bullish trend.
Shopify Stock Ownership FAQ
Who owns Shopify? Shopify (NYSE: SHOP) is owned by 63.27% institutional shareholders, 0.00% Shopify insiders, and 36.73% retail investors. Baillie Gifford Co is the largest individual Shopify shareholder, owning 55.24M shares representing 4.28% of the company.
The intrinsic value of one SHOP stock under the Base Case scenario is 26.49 USD. Compared to the current market price of 70.46 USD, Shopify Inc is Overvalued by 62%.
Is Shopify still a good investment? ›
While the company recently increased spending on sales and marketing, we see potential for improved growth and margin leverage as it begins to see the fruits of these investments and believe Shopify can sustain strong operating profit and free cash flow growth over the long term."
What was the highest price for Shopify stock? ›The all-time high Shopify stock closing price was 169.06 on November 19, 2021.
Is Shopify profitable? ›Is selling on Shopify still profitable? Most Shopify businesses see profitability within two years. At this point, successful online store owners can make up to $155,000 annually selling products on Shopify.
Where will Shopify stock be in 5 years? ›Analysts tracking Shopify expect the company to expand its adjusted earnings per share by 205% annually between 2022 and 2027, according to data from Yahoo Finance. Given Shopify ended 2022 with adjusted earnings per share of US$0.04 per share, its adjusted earnings should expand to US$10.5 per share by 2027.
Will shop stock recover? ›SHOP Stock 12 Month Forecast
Based on 32 Wall Street analysts offering 12 month price targets for Shopify in the last 3 months. The average price target is $76.40 with a high forecast of $96.00 and a low forecast of $63.00. The average price target represents a 18.98% change from the last price of $64.21.
While the virus outbreak proved devastating for many businesses, it actually turned out to be a huge tailwind for e-commerce ventures like Shopify and its peers.
What is the future price of shop? ›The average price target is $76.40 with a high forecast of $96.00 and a low forecast of $63.00. The average price target represents a 18.98% change from the last price of $64.21.
What will Tesla stock be worth in 2025? ›Tesla Stock Price Predictions for 2025
In 2025, #TSLA could range between $22 and $389 per share based on the most bullish and bearish projections. The bullish outlook reflects projections for surging demand in the electric vehicle industry combined with Tesla's dominant positioning and technical edge.
According to analysts, SQ price target is 85.91 USD with a max estimate of 100.00 USD and a min estimate of 40.00 USD.
