Key Highlights:
- Shopify Inc. (SHOP, Financial) shows impressive 34.54% growth over the past year despite a recent 1.80% dip.
- Analysts set a positive one-year price target average of $132.95, indicating a potential 32.09% upside from the current price.
- GF Value estimation suggests a 14.91% growth opportunity, reflecting solid potential investment value.
Shopify Inc. (SHOP) has been a standout performer over the past year, boasting a remarkable 34.54% increase in its share price. This performance comes despite a slight dip of 1.80% in the past month. The company's Q4 2024 results showed a robust 31% year-over-year revenue increase, reaching a significant $2.8 billion. Over the year, Shopify's total revenue climbed impressively by 26% to $8.9 billion.
Wall Street Analysts' Projections
Shopify Inc (SHOP, Financial) has attracted attention with one-year price targets from 43 analysts. The average target price stands at $132.95, ranging from a high of $175.00 to a low of $87.64. This average price target implies a potential upside of 32.09% from the current trading price of $100.65. Investors can access more detailed estimates on the Shopify Inc (SHOP) Forecast page.
Further enhancing its appeal, Shopify Inc (SHOP, Financial) has an average brokerage recommendation of 2.2, based on consensus from 48 brokerage firms. This score suggests an "Outperform" status, placing it favorably on a scale where 1 corresponds to a Strong Buy and 5 signifies a Sell.
Evaluating GF Value and Investment Potential
According to GuruFocus estimates, the anticipated GF Value for Shopify Inc in one year is projected to be $115.66. This suggests an upside of 14.91% from its current market price of $100.65. The GF Value represents an estimation of the stock's fair trading value, taking into account historical trading multiples, past growth metrics, and future performance forecasts. Investors looking to delve deeper can explore comprehensive data on the Shopify Inc (SHOP, Financial) Summary page.
Overall, Shopify Inc (SHOP, Financial) presents itself as a promising investment prospect with substantial growth potential underpinned by both market analyst confidence and proprietary valuation measures.
