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Shopify (SHOP) stock forecast for 2023
The forecast has been updated: November 30, 2023 12:52
Shopify stock price online today
Analyst Target Price
67.12Dividend Date
-Ex Dividend Date
-Last Split Factor
Last Split Date
01.01.1970Should you buy or sell Shopify stock stock today? What is the projected target price level for 2023? How much will it cost in 2023? Shopify stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.
We predict the dynamics of the stock market value using resonant artificial intelligence systems.
Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.
Forecasts are adjusted once a day taking into account the price change of the previous day.
To date, analysts have a $67.12 target price for Shopify stock stock.
Today 200 Day Moving Average is the support level (52.34 $).
50 Day Moving Average is the support level (60.13 $).
SHOP Forecast for 2023
| Month | Rate Forecast | MIN Rate | MAX Rate | Volati- lity, % |
|---|---|---|---|---|
| Dec | 69.07 | 64.78 | 73.97 | 12.42 % |
The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Shopify stock.
Shopify overview
Shopify Address
150 ELGIN STREET, 8TH FLOOR, OTTAWA, ON, CAMarket Capitalization
66 075 484 000 $EBITDA
-414 036 000PE Ratio
NonePEG Ratio
26.2Dividend Per Share
0Dividend Yield
0EPS
-1.46Quarterly Earnings Growth YOY
4.858Quarterly Revenue Growth YOY
0.308Trailing PE
-Forward PE
1428.57EV To Revenue
8.58EV To EBITDA
-13.1952 Week High
71.4352 Week Low
23.6350 Day Moving Average
60.13200 Day Moving Average
52.34Shares Outstanding
1203500000Shares Float
Shares Short Prior Month
Short Ratio
Percent Insiders
Percent Institutions
Shopify stock forecast for this year
Shopify stock forecast for Dec 2023.
Estimated Average Forecasted Shopify Price: 69.07. Positive monthly dynamics of the instrument is expected with 12.418% volatility is expected.
Pessimistic forecast: 64.78
Optimistic: 73.97
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