From 24/7 Wall St. · Vandita Jadeja · · 50s
Shopify Price Prediction
Wall Street targets $172.77 for Shopify, 24/7 Wall St. sees $154.30.
In brief
Wall Street targets $172.77 for Shopify, 24/7 Wall St. sees $154.30. Wall Street expects Shopify to reach $172.77, while 24/7 Wall St. predicts $154.30. Originally reported by 24/7 Wall St..
Shopify Surges
Shopify shares rose 10.14% this week after securing a Meta checkout deal.
“Shopify (NASDAQ:SHOP | SHOP Price Prediction) is rallying on news of a checkout partnership with Meta Platforms (NASDAQ:META)’s Muse AI agent”
Price Targets
24/7 Wall St. sets $154.30 target vs Wall Street’s $172.77 consensus.
“My 24/7 Wall St. price target for Shopify is $154.30, above the current quote of $147.47. That is more conservative than the $172.77 Wall Street consensus”
Q2 2026 Results
Shopify revenue grew 33.7% to $3.58 billion with GMV up 32% to $115.57 billion.
“In Q2 2026, revenue climbed 33.7% to $3.58 billion, GMV rose 32% to $115.57 billion”
Bull Case
Wall Street expects Shopify to reach $189.97 with strong growth drivers.
“Our bull scenario reaches $189.97. Drivers include: Shopify Payments handles 68% of global GMV, ShopPay GMV grew 53% year over year, AI-driven traffic tripled in Q2, and B2B GMV surged 76%”
Bear Case
Shopify faces risks including transaction losses and valuation concerns.
“Transaction and loan losses climbed to $141 million from $80 million a year ago as Shopify Capital scales”
Bottom Line
24/7 Wall St. recommends $154.30 target with 90% confidence for Shopify.
“The 24/7 Wall St. price target of $154.30 is a buy with 90% confidence”
The bottom line
Wall Street expects Shopify to reach $172.77, while 24/7 Wall St. predicts $154.30.
