ChartMill assigns a Buy % Consensus number of 76% to SHOP. The Buy consensus is the weighted average rating of the current analysts ratings.
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2026-01-08 | ScotiaBank | Upgrade | Sector Perform -> Sector Outperform |
| 2026-01-06 | Wolfe Research | Downgrade | Outperform -> Peer Perform |
| 2025-12-17 | Wells Fargo | Maintains | Overweight -> Overweight |
| 2025-11-05 | CIBC | Maintains | Outperformer -> Outperformer |
| 2025-11-05 | Cantor Fitzgerald | Maintains | Neutral -> Neutral |
| 2025-11-05 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2025-11-05 | DA Davidson | Maintains | Buy -> Buy |
| 2025-11-05 | BMO Capital | Maintains | Outperform -> Outperform |
| 2025-11-05 | UBS | Maintains | Neutral -> Neutral |
| 2025-11-05 | Needham | Reiterate | Buy -> Buy |
| 2025-11-05 | Barclays | Maintains | Equal-Weight -> Equal-Weight |
| 2025-11-05 | Truist Securities | Maintains | Hold -> Hold |
| 2025-11-05 | JP Morgan | Maintains | Overweight -> Overweight |
| 2025-11-05 | Morgan Stanley | Maintains | Overweight -> Overweight |
| 2025-11-04 | Canaccord Genuity | Maintains | Buy -> Buy |
| 2025-10-30 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-10-28 | Oppenheimer | Maintains | Outperform -> Outperform |
| 2025-10-17 | RBC Capital | Maintains | Outperform -> Outperform |
| 2025-10-03 | TD Cowen | Reiterate | Hold |
| 2025-10-03 | TD Securities | Reiterate | Hold -> Hold |
| 2025-08-08 | Evercore ISI Group | Maintains | Outperform -> Outperform |
| 2025-08-08 | Citigroup | Maintains | Buy -> Buy |
| 2025-08-07 | Mizuho | Maintains | Neutral -> Neutral |
| 2025-08-07 | ScotiaBank | Maintains | Sector Perform -> Sector Perform |
| 2025-08-07 | JMP Securities | Maintains | Market Outperform -> Market Outperform |
| 2025-08-07 | UBS | Maintains | Neutral -> Neutral |
| 2025-08-07 | Keybanc | Maintains | Overweight -> Overweight |
| 2025-08-07 | Oppenheimer | Maintains | Outperform -> Outperform |
| 2025-08-07 | RBC Capital | Maintains | Outperform -> Outperform |
| 2025-08-07 | Benchmark | Maintains | Buy -> Buy |
55 analysts have analysed SHOP and the average price target is 179.04 USD. This implies a price increase of 14.91% is expected in the next year compared to the current price of 155.81.
The consensus rating for SHOPIFY INC - CLASS A (SHOP) is 76.3636 / 100 . This indicates that analysts generally have a positive outlook on the stock.
The number of analysts covering SHOPIFY INC - CLASS A (SHOP) is 55.