Shopify (SHOP) stock forecast for 2023. Forecast tables and graphs.

Shopify (SHOP) stock forecast for 2023

The forecast has been updated: June 24, 2021 12:50


Shopify stock price online today

Analyst Target Price

1493.37

Dividend Date

-

Ex Dividend Date

-

Last Split Factor

None

Last Split Date

-

Should 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 $1493.37 target price for Shopify stock stock.

Today 200 Day Moving Average is the support level (1198.0837 $).

50 Day Moving Average is the support level (1224.936 $).




SHOP Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 1 885.82 1 770.78 1 957.48 9.54 %
Feb 1 961.25 1 827.88 2 065.20 11.49 %
Mar 1 853.38 1 755.15 1 916.40 8.41 %
Apr 1 929.37 1 778.88 1 991.11 10.66 %
May 1 996.90 1 913.03 2 072.78 7.71 %
Jun 2 024.85 1 883.11 2 111.92 10.83 %
Jul 2 154.44 1 992.86 2 260.01 11.82 %
Aug 2 236.31 2 149.10 2 408.51 10.77 %
Sep 2 142.39 2 026.70 2 294.50 11.67 %
Oct 2 020.27 1 919.26 2 076.84 7.59 %
Nov 2 111.18 1 942.29 2 225.19 12.71 %
Dec 2 180.85 2 030.37 2 285.53 11.16 %

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, CA

Market Capitalization

185 069 371 392 $

EBITDA

424 744 000

PE Ratio

117.3389

PEG Ratio

-94.58

Dividend Per Share

None

Dividend Yield

0

EPS

12.788

Quarterly Earnings Growth YOY

147.244

Quarterly Revenue Growth YOY

1.103

Trailing PE

117.3389

Forward PE

416.6667

EV To Revenue

50.8628

EV To EBITDA

100.1333

52 Week High

1552.23

52 Week Low

839.4

50 Day Moving Average

1224.936

200 Day Moving Average

1198.0837

Shares Outstanding

112832000

Shares Float

112543569

Shares Short Prior Month

1372144

Short Ratio

1.13

Percent Insiders

0.275

Percent Institutions

70.132

Shopify stock forecast for this year


Shopify stock forecast for Jan 2023.
Estimated Average Forecasted Shopify Price: 1 885.82. Positive monthly dynamics of the instrument is expected with 9.538% volatility is expected.

Pessimistic forecast: 1 770.78

Optimistic: 1 957.48


Shopify stock forecast for Feb 2023.
Estimated Average Forecasted Shopify Price: 1 961.25. Positive monthly dynamics of the instrument is expected with 11.491% volatility is expected.

Pessimistic forecast: 1 827.88

Optimistic: 2 065.20


Shopify stock forecast for Mar 2023.
Estimated Average Forecasted Shopify Price: 1 853.38. Negative monthly dynamics of the instrument is expected with 8.414% volatility is expected.

Pessimistic forecast: 1 755.15

Optimistic: 1 916.40


Shopify stock forecast for Apr 2023.
Estimated Average Forecasted Shopify Price: 1 929.37. Positive monthly dynamics of the instrument is expected with 10.659% volatility is expected.

Pessimistic forecast: 1 778.88

Optimistic: 1 991.11


Shopify stock forecast for May 2023.
Estimated Average Forecasted Shopify Price: 1 996.90. Positive monthly dynamics of the instrument is expected with 7.707% volatility is expected.

Pessimistic forecast: 1 913.03

Optimistic: 2 072.78


Shopify stock forecast for Jun 2023.
Estimated Average Forecasted Shopify Price: 2 024.85. Positive monthly dynamics of the instrument is expected with 10.834% volatility is expected.

Pessimistic forecast: 1 883.11

Optimistic: 2 111.92


Shopify stock forecast for Jul 2023.
Estimated Average Forecasted Shopify Price: 2 154.44. Positive monthly dynamics of the instrument is expected with 11.821% volatility is expected.

Pessimistic forecast: 1 992.86

Optimistic: 2 260.01


Shopify stock forecast for Aug 2023.
Estimated Average Forecasted Shopify Price: 2 236.31. Positive monthly dynamics of the instrument is expected with 10.771% volatility is expected.

Pessimistic forecast: 2 149.10

Optimistic: 2 408.51


Shopify stock forecast for Sep 2023.
Estimated Average Forecasted Shopify Price: 2 142.39. Negative monthly dynamics of the instrument is expected with 11.671% volatility is expected.

Pessimistic forecast: 2 026.70

Optimistic: 2 294.50


Shopify stock forecast for Oct 2023.
Estimated Average Forecasted Shopify Price: 2 020.27. Negative monthly dynamics of the instrument is expected with 7.587% volatility is expected.

Pessimistic forecast: 1 919.26

Optimistic: 2 076.84


Shopify stock forecast for Nov 2023.
Estimated Average Forecasted Shopify Price: 2 111.18. Positive monthly dynamics of the instrument is expected with 12.714% volatility is expected.

Pessimistic forecast: 1 942.29

Optimistic: 2 225.19


Shopify stock forecast for Dec 2023.
Estimated Average Forecasted Shopify Price: 2 180.85. Positive monthly dynamics of the instrument is expected with 11.164% volatility is expected.

Pessimistic forecast: 2 030.37

Optimistic: 2 285.53



Other Technology sector assets

Name Symbol Last Close Price Change
Adobe Inc.
ADBE 578.26 (24.06.2021) 0.70 %
Alteryx, Inc.
AYX 88.64 (24.06.2021) 0.84 %
Advanced Micro Devices, Inc.
AMD 86.1 (24.06.2021) 2.72 %
Apple Inc.
AAPL 133.41 (24.06.2021) -0.22 %
ASML Holding N.V.
ASML 695 (24.06.2021) 1.96 %
Autodesk, Inc.
ADSK 286.96 (24.06.2021) 1.16 %
Bionano Genomics, Inc.
BNGO 7.15 (24.06.2021) -1.38 %
Broadcom Inc.
AVGO 470.06 (24.06.2021) 0.73 %
Cadence Design Systems, Inc.
CDNS 135.02 (24.06.2021) 1.52 %
Canaan Inc.
CAN 8.14 (24.06.2021) 3.96 %
Cisco Systems, Inc.
CSCO 52.78 (24.06.2021) 0.04 %
Citrix Systems, Inc.
CTXS 114.52 (24.06.2021) 1.04 %
Coupang, Inc.
CPNG 39.64 (23.06.2021) -0.95 %
CrowdStrike Holdings, Inc.
CRWD 253.7 (24.06.2021) 0.32 %
DocuSign, Inc.
DOCU 276.72 (24.06.2021) 0.70 %
Enphase Energy, Inc.
ENPH 170.77 (24.06.2021) 0.31 %
First Solar, Inc.
FSLR 84.51 (24.06.2021) 5.39 %
Fiserv, Inc.
FISV 108.5 (24.06.2021) 1.05 %
Genasys Inc.
GNSS 5.64 (24.06.2021) -3.42 %
GoPro, Inc.
GPRO 11.55 (24.06.2021) -0.43 %
Hewlett Packard Enterprise Comp.
HPE 14.62 (24.06.2021) 1.11 %
International Business Machines Corp.
IBM 145.44 (24.06.2021) 0.57 %
Ideanomics, Inc.
IDEX 3.1 (24.06.2021) -1.59 %
Intel Corp.
INTC 56.07 (24.06.2021) 1.47 %
Logitech International S.A.
LOGI 125.64 (24.06.2021) 0.35 %
MaxLinear, Inc.
MXL 41.45 (24.06.2021) 3.65 %
Micron Technology, Inc.
MU 80.58 (24.06.2021) 1.97 %
Microsoft Inc.
MSFT 266.69 (24.06.2021) 0.53 %
Nano Dimension Ltd.
NNDM 8.62 (24.06.2021) -0.35 %
nCino, Inc.
NCNO 63.83 (24.06.2021) -0.27 %
Nokia Corp.
NOK 5.14 (24.06.2021) 1.78 %
Nuance Communications, Inc.
NUAN 54.48 (24.06.2021) 0.04 %
NVIDIA Corp.
NVDA 768.22 (24.06.2021) 0.78 %
Okta, Inc.
OKTA 244.98 (24.06.2021) 1.03 %
Opendoor Technologies Inc.
OPEN 17.1 (24.06.2021) -0.64 %
Palantir Technologies Inc.
PLTR 26.53 (24.06.2021) 0.99 %
Palo Alto Networks, Inc.
PANW 372.6 (24.06.2021) 1.14 %
QUALCOMM, Inc.
QCOM 137.92 (24.06.2021) 1.77 %
Riot Blockchain, Inc.
RIOT 34.02 (24.06.2021) 4.74 %
SailPoint Technologies Holdings, Inc.
SAIL 53.22 (24.06.2021) 1.47 %
salesforce.com, inc.
CRM 243.77 (24.06.2021) 0.80 %
ServiceNow, Inc.
NOW 552.07 (24.06.2021) 0.34 %
Shopify Inc.
SHOP 1478.99 (24.06.2021) -1.44 %
ShotSpotter, Inc.
SSTI 48.9 (24.06.2021) 4.42 %
Skillz Inc.
SKLZ 19.5 (23.06.2021) 1.19 %
Slack Technologies, Inc.
WORK 44.21 (24.06.2021) 0.09 %
Snowflake Inc.
SNOW 251.25 (24.06.2021) 0.90 %
SolarEdge Technologies, Inc.
SEDG 267.28 (24.06.2021) 0.83 %
Sony Corp.
SNE 96.77 (24.06.2021) 0.66 %
Splunk Inc.
SPLK 139.73 (24.06.2021) 1.47 %
Square, Inc.
SQ 244.15 (24.06.2021) 2.28 %
Sunnova Energy Inter. Inc.
NOVA 35.31 (24.06.2021) -6.26 %
Sunrun Inc.
RUN 52.84 (24.06.2021) -5.39 %
Synopsys, Inc.
SNPS 273.8 (24.06.2021) 1.84 %
Taiwan Semiconductor Manufacturing Company Lim.
TSM 117.24 (24.06.2021) 1.03 %
Uber Technologies, Inc.
UBER 50.82 (24.06.2021) 0.61 %
Unity Software Inc.
U 113.76 (24.06.2021) 0.71 %
Upland Software, Inc.
UPLD 41.88 (24.06.2021) 1.21 %
Workday, Inc.
WDAY 241.71 (24.06.2021) 1.27 %
Zscaler, Inc.
ZS 219.64 (24.06.2021) 0.36 %


Denial of responsibility:

The portal leoprophet.com is not responsible for the loss of your money as a result of your use of the information contained on the site, including data, quotes, charts and forecasts. Operations in the stock, foreign exchange and commodity markets involve a high level of risk, and you are solely responsible for your operations. Only speculate with money that you can afford to lose. All prices and forecasts for stocks, indices, futures are indicative and should not be trade dependent. The portal is not responsible for any losses that you may incur as a result of using this data.