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  2. Price Target Based on short-term price targets offered by 33 analysts, the average price target for Shopify comes to $77.30. The forecasts range from a low of $63.00 to a high of $100.00. The average price target represents an increase of 34.11% from the last closing price of $57.64.
    www.zacks.com/stock/research/SHOP/price-target-stock-forecast
    www.zacks.com/stock/research/SHOP/price-target-stock-forecast
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  3. People also ask
    What is the average Shopify share price target?According to 19 Wall Street analyst s that have issued a 1 year SHOP price target, the average SHOP price target is $76.63, with the highest SHOP stock price forecast at $95.00 and the lowest SHOP stock price forecast at $63.00. On average, Wall Street analysts predict that Shopify 's share price could reach $76.63 by May 9, 2025.
    Will Shopify be profitable in 2023?Without this charge, the company would be profitable in 2023. This longer-term outlook certainly makes for a much more bullish argument than the stock's current valuation supports. It also overrides analysts' current consensus price target of $68.97, which is 7% below Shopify shares' present price.
    Will Shopify's share price reach $76.63 by May 9 2025?On average, Wall Street analysts predict that Shopify 's share price could reach $76.63 by May 9, 2025. The average Shopify stock price prediction forecasts a potential upside of 32.06% from the current SHOP share price of $58.03.
    Will Shopify be a catalyst in 2023?This is the first potential catalyst for Shopify in 2023. SHOP's second potential catalyst relates to the company's future profitability. The company's sales and marketing costs contracted by -12% QoQ to $303 million in the third quarter of the current year.
     
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