Shopify Stock Forecast: The stock is expected to trade between $317.8 and $349.0 The overall recommendation is Buy.
Table of Contents
Shopify Stock Forecast: Latest Price
SHOP Stock Forecast: Performance Chart
| Stock Name | 5 Days | 1 Month | 6 Months | 1 Year |
| SHOP | 10.7% | -8.1% | -76.5% | -77.4% |
Shopify Stock Forecast: Latest Tweet
Shopify Stock Forecast: Today’s Outlook
| Indicator | Trend |
| Overall Outlook | Positive |
| Market Data | |
| Market Cap | Higher |
| Technical | Sell |
| Trading Volume | Higher |
| Crowd’s Wisdom | |
| Google Search Volume | Higher |
| Social Media Sentiment | Positive |
Also Read: Rivian Stock Forecast 2022
Shopify Stock Forecast 2022
For the 2022 forecast, according to Shopify’s target price, it is expected to reach a high of $859.8 and a low of $360. This represents an increase of 44.3% from the past year. The earnings per share for the current quarter are $0.3 and are expected to reach a high of $0.9 or a low of $-0.2 in the coming quarter. The forecast for the year 2022 is $0.9. The annual sales growth is expected to be 25.6% which is forecasted at 5.8B for 2022. Analysts recommend “buying” the stock.
Shopify is partnering with Twitter which was able to grab the positive sentiment of the market and hence, the stock popped on 22nd June 2022. It will generate sales for Shopify which is why the deal looks promising.
Shopify Stock Forecast: Latest Video
Shopify Stock: Earnings Result Summary
| Revenue | Surprise | EPS | Surprise | |
| Q1 2022 | 1.2B | -2.9% | 0.2 | -69.4% |
| Q2 2022 Forecast | 1.3B | – | 0.3 | – |
| 2021 | 4.6B | As Expected | 6.41 | As Expected |
| 2022 Forecast | 5.8B | – | 0.9 | – |
Shopify Stock Forecast: Technical Analysis
–Nandini Panchal
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
