Where Shopify Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last 3 months, 19 analysts have provided 12-month price targets for Shopify (NYSE:SHOP), with an average price target of $60.95, a high of $80.00, and a low of $45.00. The average price target has increased by 17.35% over the past month.
May 24, 2023 | 5:07 pm
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Shopify's average 12-month price target from 19 analysts is $60.95, with a high of $80.00 and a low of $45.00. The average target has increased by 17.35% in the past month.
The average price target for Shopify has increased by 17.35% over the past month, indicating a positive sentiment among analysts. This could lead to a short-term increase in the stock price as investors may see this as a sign of growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100