The Shopify stock price prediction search queries on Google have been increasing lately. In this article, we will detail what Shopify Inc. is and the Shopify stock price prediction.
About Shopify Inc.
Shopify Inc. is a multinational e-commerce company in Canada headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.
Shopify Inc is a provider of cloud-based, multi-channel commerce platforms. Shopify software allows merchants to design, manage and sell their products across numerous sales channels, including web and mobile storefronts, social media, physical retail locations, pop-up shops, and marketplaces.
Shopify also enables merchants to manage products and inventory, establish customer relationships, process orders and payments, ship orders, and leverage analytics and reporting, all from the back office.
Shopify company offers its services to merchants of small and medium-sized businesses, and they provide services under the brand name Shopify. The company operates in the US, Ireland, Singapore, and Canada.
Shopify Stock Split Date 2022
The stock split is dependent on shareholder approval, but once it happens, Shopify says shareholders of record as of 22 June 2022 will receive 9 additional shares for every share they own after market close on 28 June 2022
Shopify Stock Price Prediction 2022
| Date | Price Target | Change |
| May. 2022 | $662.52 | 9.39% |
| Jun. 2022 | $712.60 | 7.56% |
| Jul. 2022 | $726.85 | 2.00% |
| Aug. 2022 | $727.50 | 0.09% |
| Sep. 2022 | $725.17 | -0.32% |
| Oct. 2022 | $726.53 | 0.19% |
| Nov. 2022 | $731.09 | 0.63% |
| Dec. 2022 | $737.88 | 0.93% |
Shopify Stock Price Prediction 2023
| Date
| Price target
| Change
|
| Jan. 2023 | $745.10 | 0.98% |
| Feb. 2023 | $751.50 | 0.86% |
| Mar. 2023 | $758.94 | 0.99% |
| Apr. 2023 | $763.08 | 0.55% |
| May. 2023 | $762.51 | -0.07% |
| Jun. 2023 | $766.51 | 0.52% |
| Jul. 2023 | $767.96 | 0.19% |
| Aug. 2023 | $766.26 | -0.22% |
| Sep. 2023 | $762.37 | -0.51% |
| Oct. 2023 | $760.15 | -0.29% |
| Nov. 2023 | $754.25 | -0.78% |
| Dec. 2023 | $743.92 | -1.37% |
Read also:
Black Rifle Coffee Stock Price Prediction 2022, 2025, 2030
PFE Stock Price Prediction 2025 – Is Pfizer An Excellent Long-Term Investment?
Roku Stock Price Prediction 2025- Is Roku Stock A Buy Or Sell?
Power Ledger Coin Price Prediction 2022 – Is Power Ledger a Good Investment?
Shopify Stock Price Prediction 2024
| Date
| Price Target
| Change
|
| Jan. 2024 | $727.94 | -2.15% |
| Feb. 2024 | $715.72 | -1.68% |
| Mar. 2024 | $710.61 | -0.71% |
| Apr. 2024 | $711.98 | 0.19% |
| May. 2024 | $719.11 | 1.00% |
| Jun. 2024 | $735.41 | 2.27% |
| Jul. 2024 | $750.75 | 2.09% |
| Aug. 2024 | $758.40 | 1.02% |
| Sep. 2024 | $772.06 | 1.80% |
| Oct. 2024 | $787.07 | 1.94% |
| Nov. 2024 | $796.20 | 1.16% |
| Dec. 2024 | $797.90 | 0.21% |
Shopify Stock Price Prediction 2025
| Date
| Price Target
| Change
|
| Jan. 2025 | $796.88 | -0.13% |
| Feb. 2025 | $795.83 | -0.13% |
| Mar. 2025 | $795.70 | -0.02% |
| Apr. 2025 | $798.57 | 0.36% |
| May. 2025 | $806.44 | 0.99% |
| Jun. 2025 | $821.75 | 1.90% |
| Jul. 2025 | $845.78 | 2.92% |
| Aug. 2025 | $881.61 | 4.24% |
| Sep. 2025 | $939.01 | 6.51% |
| Oct. 2025 | $1012.72 | 7.85% |
| Nov. 2025 | $1047.16 | 3.40% |
| Dec. 2025 | $1012.96 | -3.27% |
Shopify Stock Price Prediction 2026
| Date
| Price Target
| Change
| |
| Jan. 2026 | $1016.45 | 0.34% | |
| Feb. 2026 | $1029.98 | 1.33% | |
| Mar. 2026 | $1038.54 | 0.83% | |
| Apr. 2026 | $1043.06 | 0.44% | |
| May. 2026 | $1039.49 | -0.34% | |
| Jun. 2026 | $1028.81 | -1.03% | |
| Jul. 2026 | $1009.93 | -1.84% | |
| Aug. 2026 | $972.11 | -3.75% | |
| Sep. 2026 | $913.15 | -6.06% | |
| Oct. 2026 | $830.19 | -9.08% | |
| Nov. 2026 | $797.89 | -3.89% | |
| Dec. 2026 | $785.80 | -1.51% | |
Shopify Stock Price Prediction 2027
| Date
| Price Target
| Change
| |
| Jan. 2027 | $787.34 | 0.20% | |
| Feb. 2027 | $790.89 | 0.45% | |
| Mar. 2027 | $792.39 | 0.19% | |
| Apr. 2027 | $794.72 | 0.29% | |
| May. 2027 | $797.74 | 0.38% | |
| Jun. 2027 | $800.83 | 0.39% | |
| Jul. 2027 | $801.32 | 0.06% | |
| Aug. 2027 | $798.90 | -0.30% | |
| Sep. 2027 | $794.10 | -0.60% | |
| Oct. 2027 | $787.99 | -0.77% | |
| Nov. 2027 | $782.47 | -0.70% | |
| Dec. 2027 | $778.37 | -0.52% | |
Shopify Stock Price Prediction 2028
| Date
| Price Target
| Change
|
| Jan. 2028 | $776.67 | -0.22% |
| Feb. 2028 | $776.69 | 0.00% |
| Mar. 2028 | $778.02 | 0.17% |
| Apr. 2028 | $781.18 | 0.41% |
| May. 2028 | $786.31 | 0.66% |
| Jun. 2028 | $791.72 | 0.69% |
| Jul. 2028 | $796.59 | 0.62% |
| Aug. 2028 | $800.83 | 0.53% |
| Sep. 2028 | $806.39 | 0.69% |
| Oct. 2028 | $814.99 | 1.07% |
| Nov. 2028 | $834.27 | 2.37% |
| Dec. 2028 | $852.79 | 2.22% |
Shopify Stock Price Prediction 2029
| Date
| Price Target
| Change
|
| Jan. 2029 | $837.85 | -1.75% |
| Feb. 2029 | $810.95 | -3.21% |
| Mar. 2029 | $759.50 | -6.34% |
| Apr. 2029 | $707.34 | -6.87% |
| May. 2029 | $618.58 | -12.55% |
| Jun. 2029 | $586.06 | -5.26% |
| Jul. 2029 | $617.84 | 5.42% |
| Aug. 2029 | $636.40 | 3.00% |
| Sep. 2029 | $622.02 | -2.26% |
| Oct. 2029 | $614.70 | -1.18% |
| Nov. 2029 | $606.24 | -1.38% |
| Dec. 2029 | $602.21 | -0.66% |
Shopify Stock Price Prediction 2030
| Date
| Price Target
| Change
|
| Jan. 2030 | $601.51 | -0.12% |
| Feb. 2030 | $602.26 | 0.12% |
| Mar. 2030 | $603.76 | 0.25% |
| Apr. 2030 | $604.53 | 0.13% |
| May. 2030 | $603.46 | -0.18% |
| Jun. 2030 | $596.72 | -1.12% |
| Jul. 2030 | $587.69 | -1.51% |
| Aug. 2030 | $578.90 | -1.50% |
| Sep. 2030 | $570.41 | -1.47% |
| Oct. 2030 | $561.71 | -1.53% |
| Nov. 2030 | $553.52 | -1.46% |
| Dec. 2030 | $545.46 | -1.46% |
FAQS
Is Shopify stock a good investment?
Shopify shares trade at just 8.3 times sales, the lowest since 2017. Yes, the shares were probably overpriced in 2020 when they traded at 60 times sales, but the current price is historically low for the company and should appeal to investors.
Is Shopify rated as a buy?
In the last year, 38 Wall Street analysts have given Shopify “buy,” “hold,” and “sell” ratings. The stock currently has 1 sell rating, 19 hold ratings, and 18 buy ratings. Analysts on Wall Street agree that investors should “hold” SHOP stock. A hold rating indicates that analysts believe investors should keep any existing positions in SHOP but not buy or sell additional shares.
Is Shopify going to grow?
While Shopify stock’s growth will undoubtedly slow in the future, management is confident that the company is on a solid growth path. The fulfilment centres will be solid long-term savings, and its investments have been strong thus far.
Does Shopify pay dividends?
No, we have never declared or paid any dividends, and we do not intend to do so in the foreseeable future. We intend to keep any future earnings to finance operations and expand our business.
Is selling on Shopify profitable?
In a nutshell, it is. The pandemic has hastened the transition to e-commerce and created numerous opportunities for online merchants, large and small, to earn money online.
Is Shopify the future?
The company is on the rise and will continue to steer the e-commerce software market for the foreseeable future. It’s difficult to predict when Shopify will bottom out, but the company’s recent sell-off merits long-term investors’ attention today.
Who is Shopify’s biggest competitor?
Below are the top Competitors and Alternatives to Shopify
- SAPA
- Kibo
Is Shopify stock overpriced?
Despite a 66% drop from its 52-week high, Shopify is still significantly overvalued.
Shopify takes care of everything from marketing and payments to secure transactions and shipping. Millions of users trust Shopify to manage their online stores.
Let’s have your view on the Shopify stock price predictions in the comment section below.
Watch the video below to know the Shopify stock price prediction:
About Author
-
My name is Precious Ejiofor, I am a professional self motivated, dependable writer and editor, with over 4 year of experience in writing for variety of business and platforms. I am able and capable to write on any kind of topic.
Specifically, I focus on producing persuasive and compelling contents that is thoughtful, prominent, and engaging.
Latest entries
- InsuranceNovember 20, 2023How to Get Insurance to Pay for Tummy Tuck
- InsuranceNovember 18, 2023The Average Chiropractors Cost Without Insurance – What to Expect
- NFTsOctober 3, 202320 NFT Ideas for Artists to Make Money in 2023
- BusinessOctober 1, 2023Get Paid To Type: 20 Legit Sites That Pays In 2023 (Up to $20/hour)
