Key Highlights:
- Shopify faces significant impacts from new U.S. tariffs, especially due to its reliance on imports from China.
- Analyst consensus suggests a potential 32.09% upside, with a one-year target price of $132.95 for Shopify.
- GuruFocus' GF Value indicates a 14.91% upside from the current stock price, supporting a positive outlook.
BofA Securities points out that Shopify (SHOP, Financial) is under considerable pressure due to recent U.S. tariff changes. These include a 10% tariff on international imports and the elimination of the de minimis exemption. Given that China constitutes 25% of U.S. import value, Shopify's vulnerability in this scenario is notably high.
Wall Street Analysts Forecast
According to projections from 43 analysts, Shopify Inc (SHOP, Financial) is expected to reach an average price target of $132.95 over the next year, with estimates ranging from a high of $175.00 to a low of $87.64. This average target hints at a potential upside of 32.09% from the current price of $100.65. For a more comprehensive look at these predictions, visit the Shopify Inc (SHOP) Forecast page.
The consensus among 48 brokerage firms rates Shopify Inc (SHOP, Financial) at an average recommendation of 2.2, classifying it as "Outperform." This rating operates on a scale from 1 to 5, where 1 denotes a Strong Buy and 5 indicates a Sell.
According to GuruFocus estimates, Shopify Inc (SHOP, Financial) has a projected GF Value of $115.66 over the next year, suggesting a 14.91% increase from its current price of $100.65. GF Value represents GuruFocus' fair value estimate of stock price, calculated by analyzing historical trading multiples, past business growth, and future business performance forecasts. For further insights, explore the Shopify Inc (SHOP) Summary page.
