Shopify Stock Forecast 2024

What is shopify's stock forecast and purchase recommendation? Shopify stock closed at 64.25 dollars the previous day.

The average prediction reflects an increase of +22.70% from the last recorded price of $65.03. Consensus estimates call for shop to report strong revenue.

Mahaney And Company Recently Upgraded Shopify’s Stock To An “Outperform” Rating With A Price Target Of $75 Per Share.

This comes as shopify’s stock has soared +125% over the last five years which has topped the broader indexes, amazon’s +98% and walmart’s +83% while.

Fast Forward To Today, And It's Trading At $ 78.71, Reflecting A 3.17 % Increase Since The Start.

(nyse:shop) (tsx:shop:ca) crashed after the ecommerce company’s first quarter earnings as investors panicked over its sales.

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Analyzing Shopify Stock Forecast &Amp; Price Prediction 2024, Including Shop Stock Q1 Performance, Shop Stock Forecast, Shop Price Target, Shopify Stock Outlook.

Shopify is forecast to grow earnings and revenue by 48.5% and 16.9% per annum respectively.

Shopify Stock Forecast Looking Forward, Wall Street Expects Shop To Continue Growing Rapidly.

Our forecast for shop stock price in 2024 now indicates an average price target of $79.79 with a high forecast of $91.57 and a low forecast of $68.02.