SHOPIFY INC - CLASS A (SHOP)
CA82509L1076 - Common Stock
ChartMill assigns a Buy % Consensus number of 71% to SHOP. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 84.07. This target is 19.16% above the current price.
SHOP was analyzed by 52 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about SHOP.
In the previous month the buy percentage consensus was at a similar level.
SHOP was analyzed by 52 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-04-19 | Morgan Stanley | Upgrade | Equal-Weight -> Overweight |
| 2024-04-16 | Needham | Reiterate | Hold |
| 2024-04-15 | Loop Capital | Maintains | Hold -> Hold |
| 2024-04-11 | Piper Sandler | Maintains | Underweight -> Underweight |
| 2024-04-03 | Baird | Maintains | Outperform -> Outperform |
| 2024-02-29 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2024-02-14 | Mizuho | Maintains | Neutral -> Neutral |
| 2024-02-14 | UBS | Maintains | Neutral -> Neutral |
| 2024-02-14 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2024-02-14 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2024-02-14 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2024-02-14 | Piper Sandler | Maintains | Underweight -> Underweight |
| 2024-02-02 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2024-01-22 | RBC Capital | Reiterate | Outperform -> Outperform |
| 2024-01-18 | Exane BNP Paribas | Downgrade | Neutral -> Underperform |
| 2024-01-18 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2024-01-18 | Piper Sandler | Reiterate | Underweight -> Underweight |
| 2023-12-18 | JMP Securities | Downgrade | Market Outperform -> Market Perform |
| 2023-12-12 | DZ Bank | Downgrade | Hold -> Sell |
| 2023-12-06 | Deutsche Bank | Maintains | Buy -> Buy |
| 2023-12-06 | RBC Capital | Maintains | Outperform -> Outperform |
| 2023-12-06 | Wedbush | Downgrade | Outperform -> Neutral |
| 2023-12-04 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-11-28 | Piper Sandler | Downgrade | Neutral -> Underweight |
| 2023-11-03 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2023-11-01 | Exane BNP Paribas | Upgrade | Underperform -> Neutral |
| 2023-10-31 | Wells Fargo | Initiate | Overweight |
| 2023-10-24 | Citigroup | Maintains | Neutral -> Neutral |
| 2023-10-16 | Loop Capital | Maintains | Hold -> Hold |
| 2023-10-12 | Seaport Global | Initiate | Buy |