Here Is What Analysts Are Saying About Shopify Inc. (SHOP)

Group 1 - Shopify Inc. is predicted to be among the 15 stocks that could generate significant wealth in the next five years, with its shares having more than doubled in the past year due to growth in GMV and revenue, as well as optimism regarding international expansion, B2B sales, and AI investments [1] - Analysts at Benchmark raised Shopify's stock price target to $190 from $140, maintaining a Buy rating after the company reported a 31% revenue growth and a free cash flow (FCF) margin of 16% for Q2 fiscal 2025, marking eight consecutive quarters of double-digit FCF margins [2] - Evercore ISI Group also increased its price target for Shopify to $170 from $120, reiterating an Outperform rating, contributing to a bullish outlook from Wall Street analysts with a consensus Buy rating and an average one-year price target of $161.11, indicating a potential 10% upside from the current price [3]