Based on 22 analysts offering 12 month price targets for Shopify in the last 3 months. Looking for new stock ideas? Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Want to see which stocks are moving? Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Price target in 14 days: 1296.520 USD. Although the markets are on a down turn for tech on the TSX as of last few … Their average twelve-month price target is C$1,143.33, predicting that the stock has a possible downside of 23.82%. The chart below shows how a company's share price and consensus price target have changed over time. Receive a free world-class investing education from MarketBeat. Shopify Inc. (SHOP.TO)'s mailing address is 150 Elgin Street, 8Th Floor, OTTAWA, ON K2P 1L4, Canada. This suggests that the stock has a possible downside of 23.8%. The average price target is C$1,485.69 with a high forecast of C$1,793.82 and a low forecast of C$1,217.24. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Learn more. 2 equities research analysts have issued 12-month price objectives for Shopify Inc. (SHOP.TO)'s stock. The dark blue line represents the company's actual price. Shopify Inc. (SHOP.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "SHOP.". Since then, SHOP shares have increased by 158.4% and is now trading at C$1,500.92. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more. Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Amount of Analyst Coverage. Monthly price USD $299 $ 299 per month /mo USD $79 $ 79 per month /mo USD $29 $ 29 per month ... Shopify POS is an application for iOS and Android devices that you can use for transactions in a … The average price target is $1,157.17 with a high forecast of $1,400.00 and a low forecast of $950.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy.". Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. View analysts' price targets for Shopify Inc. (SHOP.TO) or view Wall Street analyst' top-rated stocks. According to analysts' consensus price target of C$1,143.33, Shopify Inc. (SHOP.TO) has a forecasted downside of 23.8% from its current price of C$1,500.92. The lighter blue line represents the stock's consensus price target. Vote “Underperform” if you believe SHOP will underperform the S&P 500 over the long term. The post Shopify (TSX:SHOP) Crushes Wall Street Estimates in Q3 appeared first on The Motley Fool Canada. Oct. 6, 2020 at 5:59 a.m. Shopify appears to be at the lower level of its present trading channel. The bullish price target for the stock is $1,400, which represents upside of 16% from the current trading price. View which stocks have been most impacted by COVID-19. 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MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. View all of SHOP's competitors. Learn more. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. The Average True Range (ATR) for Shopify Inc. is set at 47.24, with the Price to Sales ratio for … Shopify Price Target. Shopify Inc. (SHOP.TO) has a PEG Ratio of 6.83. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. The average price target represents a -5.81% upside from the last price … On average, they expect Shopify Inc. (SHOP.TO)'s stock price to reach C$1,143.33 in the next twelve months. Merwin raised his target price for Shopify to $1,318 from $1,286. The average price target represents a -0.01% decrease from the last price … Or, if you are searching for a good investment for your $6,000 TFSA contribution, Shopify is the stock for you. Looking for new stock ideas? Do Not Sell My Information. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Learn more. Identify stocks that meet your criteria using seven unique stock screeners. Shopify Inc. (SHOP.TO) has only been the subject of 1 research reports in the past 90 days. Receive a free world-class investing education from MarketBeat. Shopify stock price target raised to $1,250 from $1,150 at KeyBanc Capital. The P/E ratio of Shopify Inc. (SHOP.TO) is 927.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.55. Their forecasts range from C$600.00 to C$1,540.00. Shopify Inc. (SHOP.TO) has received a consensus rating of Buy. According to analysts' consensus price target of C$1,143.33, Shopify Inc. (SHOP.TO) has a forecasted downside of 22.5% from its current price of C$1,474.68. (Add your “underperform” vote.). Get short term trading ideas from the MarketBeat Idea Engine. 2 Wall Street analysts have issued ratings and price targets for Shopify Inc. (SHOP.TO) in the last 12 months. Do the math on Shopify (Shopify Stock Quote, Chart, News TSX:SHOP) versus Amazon (NASDAQ:AMZN) and it’s clear which stock has the better valuation. There are currently 2 buy ratings for the stock. MarketBeat just released five new trading ideas, but Shopify Inc. (SHOP.TO) wasn't one of them. ET on Baystreet.ca 1 Million Downloads In 5 Weeks – The Tech Company Fighting COVID In Canada Get daily stock ideas top-performing Wall Street analysts. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. Shopify … 1y Target Est 1,117.56 Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Learn about financial terms, types of investments, trading strategies and more. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 2 Wall Street analysts have issued ratings and price targets for Shopify Inc. (SHOP.TO) in the last 12 months. A rally in Shopify.’s share price has made the Ottawa-based e-commerce retailer the third-largest company in … To see all exchange delays and terms of use please see disclaimer. Shopify Inc., a commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. Shopify Inc. (SHOP.TO) has a market capitalization of C$182.98 billion and generates C$2.46 billion in revenue each year. Based on aggregate information from My MarketBeat watchlists, some companies that other Shopify Inc. (SHOP.TO) investors own include NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), The Walt Disney (DIS), Square (SQ), Micron Technology (MU), Alibaba Group (BABA), Costco Wholesale (COST), Zoom Video Communications (ZM) and Mastercard (MA). MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data. Specifically, they have bought C$0.00 in company stock and sold C$733,370.00 in company stock. Stock analysis for Shopify Inc (SHOP:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. You may vote once every thirty days. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Based on 21 analysts offering 12 month price targets for Shopify in the last 3 months. Canada’s largest company in terms of market … Shopify Inc. (SHOP.TO) has a P/B Ratio of 29.62. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Many Wall Street analysts increased their price targets for Shopify. Identify stocks that meet your criteria using seven unique stock screeners. For … View analyst ratings for Shopify Inc. (SHOP.TO) or view MarketBeat's top 5 stock picks. MarketBeat's community ratings are surveys of what our community members think about Shopify Inc. (SHOP.TO) and other stocks. To see all exchange delays and terms of use please see disclaimer. Shares of Shopify … Want to see which stocks are moving? Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. View which stocks are hot on social media with MarketBeat's trending stocks report. Fundamental company data provided by Morningstar and Zacks Investment Research. See what's happening in the market right now with MarketBeat's real-time news feed. Learn about financial terms, types of investments, trading strategies and more. Vote “Outperform” if you believe SHOP will outperform the S&P 500 over the long term. Shopify Inc. (SHOP.TO) has received 221 “outperform” votes. View which stocks are hot on social media with MarketBeat's trending stocks report. Shopify appears to be at the lower level of its present trading channel. © American Consumer News, LLC dba MarketBeat® 2010-2020. The high price target for SHOP is C$1,540.00 and the low price target for SHOP is C$600.00. Although the markets are on a down turn for tech on the TSX as of last few … Get daily stock ideas top-performing Wall Street analysts. However, Loop Capital analyst Anthony Chukumba lowered his price target of Shopify to $1,000 from $1,100. Price *Price Target Lowest: 332.00 Median: 825.83 Highest: 1,400.00 *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Export data to Excel for your own analysis. Shopify Inc. (SHOP.TO)'s stock was trading at C$580.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock. With the update Tse maintained his “Outperform” rating and reduced his target price from $600.00 to $550.00, which at press time represented a projected 12-month return of 43 per cent. View our full suite of financial calendars and market data tables, all for free. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 Please log in to your account or sign up in order to add this asset to your watchlist. All rights reserved. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing. Export data to Excel for your own analysis. Shopify sales were up 96%, while its GMV rose by 107% year over year in Q3. Do Not Sell My Information. Shopify stock has gained more than 4,000% since its IPO. May be a good point to begin anticipating a reversal. SHOPIFY: TSX edges higher as gain by Shopify offsets drag from energy sector: AQ. Get short term trading ideas from the MarketBeat Idea Engine. -11.17 % upside from the MarketBeat Idea Engine to begin anticipating a reversal ) was n't one them. 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Merwin raised his target price for Shopify Inc. ( SHOP.TO ) in the twelve... Stock has a possible downside of 23.8 % analyst ratings for Shopify $.