Analyst consensus rating

Shopify Analyst Rating: Buy

Direct answer

Shopify's consensus rating is Buy.

48 analysts are included in the current consensus when a coverage count is available.
The same consensus reports an average price target of $176.77.
Forecast evidence checked November 1, 2026.

Get free Shopify email updates.

Bullstory sends one daily email when new analysis or important company news is available.

Verified data

Current price
$157.49
Average price target
$176.77
High price target
$220.00
Low price target
$120.00
Low target gap
-23.8%
Target upside
+12.2%
High target gap
+39.7%
Target range width
63.5%
Consensus rating
Buy
Analysts
48
Evidence date
November 1, 2026
Valid through
November 8, 2026

Read the frequently asked questions.

What is the analyst consensus rating for Shopify?

Shopify has a verified Buy consensus. The same dataset has an average price target of $176.77.

How far are Shopify's low and high targets from the recorded price?

The low target implies -23.8%, while the high target implies +39.7%.

How many analysts are included in Shopify's consensus?

The verified consensus includes 48 analysts.

How is Shopify's target upside or downside calculated?

The average target of $176.77 is divided by the recorded price of $157.49, then one is subtracted to produce +12.2%. This does not guarantee a future return.

When was Shopify's analyst forecast verified?

The data was verified on 2026-11-01. The dataset is valid through 2026-11-08.