Where could SHOP trade next? Consensus target price: $160.
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+ Follow$146.58
21 analysts in the last 4 months
High: $200 | Low: $126
No recommendations in the last 4 months.
Shopify posts a target price of $160. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
A target price of $160 for SHOP means covering analysts, on average, see the stock 8.8% upside of $146.58 over about 12 months. Dig into who set the high and low targets and how recently they updated — freshness matters as much as the average itself.
Context for SHOP's target price usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Shopify's other metric pages and overview cover the third.
Judging Shopify against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in target price easier to interpret. Start with $160 here, then scan peer and history charts to see if the gap is persistent.